Arlington County’s pickleball plans continue to peeve particular people, prompting a potential project pause.
The Donaldson Run Civic Association (DRCA) sent a letter to the county’s Department of Parks and Recreation (DPR) late last week expressing the belief the department did not sufficiently involve the civic association when making the decision to re-line several tennis courts for pickleball at Marcey Road Park in North Arlington.
The owner of garden apartments on the edge of the Fairlington neighborhood nabbed $46.6 million in federal loans to help keep the units affordable and fund upgrades.
Over the last two years, Standard Communities, which owns Park Shirlington (4510 31st Street S.), has been amassing funding — including from Arlington County — to keep the nearly 300 units on site affordable to people earning up to 60% of the area median income, while funding renovations and new construction work.
This regularly scheduled column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. If you would like to work with Eli and his team in Northern Virginia and the greater D.C. Metro area, you can reach him directly at [email protected].
Question: Does the cost of renting a home in Arlington increase at a similar rate as the cost of buying a home in Arlington?
Answer: The cost of renting and buying a detached home increases at a similar rate, but the cost of renting a condo has outpaced the cost of buying a condo.
Condo Rents Rising Faster than Condo Prices
Since 2020, the cost of renting a detached home in Arlington increased at a similar rate as the cost of buying a detached home; 26% and 28%, respectively.
However, the cost of renting a condo increased significantly faster than the cost of buying a condo; 21% and 6%, respectively.
Sale Price to Rental Rate Multiple Shifts with Interest Rates
The table below shows the average price and $/SF of buying a detached home or condo relative to the average annual rent for a detached home or condo, in Arlington. Higher multiples show that buying is becoming more expensive relative to renting.
Takeaway: Condo buyers are more rate sensitive than detached home buyers and are more likely to rent (higher rental demand = strong condo rent appreciation) than buy (weakened purchase demand = low condo value appreciation) when interest rates increase. Notice how quickly the sale price to rental rate multiple drops from 2020/2021 to 2022/2023 (rates skyrocketed spring/summer 2022). (more…)
Celtic House on Columbia Pike wants to expand, but it will have to go through the county’s historic review board first.
The pub confirmed to ARLnow over the weekend that it wants to add a whisky and bourbon bar, in a lower level space previously used by a now-closed dry cleaner. The original pub and the whisky bar will be connected by a staircase.
(Updated at 1:45 p.m.) A young black bear, perhaps the one spotted near Windy Run Park over the weekend, is currently running through backyards in a North Arlington neighborhood.
The bear was seen hopping a fence and running through the yard of homes in the Leeway-Overlee neighborhood, not too far from the East Falls Church Metro station, around 11:15 a.m.
Join us for the 12th Arlington Triathlon in Memory of Anne Viviani. This youth-only swim-bike-run event for ages 7-15 takes place Sunday, June 7th at Washington-Liberty Aquatics Center. It features a time-trial pool swim, a circuit bike course on closed streets, and an on-road run to the finish on the track. For registration, sponsorship information and more, please visit our website at www.triathlonfamilyusa.com. The race benefits the Arlington Triathlon Club, Arlington’s award-winning, elementary school-based multi-sport training program, the longest-running youth triathlon program of its kind in the country.
Growing community concerns and a visit from county code enforcement have prompted a local property manager to clean and secure its vacant storefronts on Columbia Pike.
Some retail bays at the Fillmore Gardens Shopping Center, on the 2600 block of the Pike, have stood empty for a year as the strip mall awaited redevelopment. That includes the former spaces of Atilla’s restaurant, apparel store Legends Kicks and the Black Heritage Museum of Arlington.
Just under 10% of voters have cast ballots in today’s Democratic primary as of 9 a.m.
That includes 7% who voted early or by mail and 2% voting at the polls Tuesday morning, according to Arlington County election officials.
It’s Primary Day — Voting is now underway for today’s local Democratic primary. Links to candidate essays are as follows. Commonwealth’s Attorney: Josh Katcher and Parisa Dehghani-Tafti. County Board: Tony Weaver, Jonathan Dromgoole, JD Spain, Maureen Coffey, Susan Cunningham, and Natalie Roy. Sheriff: Jose Quiroz, James Herring, and Wanda Younger. State Senate: Barbara Favola.
More Bad Driving on I-395 — From Dave Statter on Monday: “The driver of a white SUV, going a bit faster than everyone else, lost control & went airborne for a moment after smashing into a guardrail on I-395N at Boundary Channel last night.” Statter on Saturday: “This Camaro sure took an interesting path. It came from the Rt 27 ramp to I-395S (from Col. Pike) & crossed 2 other ramps. The evidence shows up quite well on the @VaDOT cam.” [Twitter, Twitter]
Sponsored by Monday Properties and written by ARMnow, Startup Monday is a weekly column that profiles Arlington-based startups, founders, and other local technology news. Monday Properties is proudly featuring Three Ballston Plaza.
Legroom while traveling tends to be limited. With small pockets on the back of airplane seats to store belongings, one tray that opens to set things in front of you and no cup holder. Passengers can be uncomfortable for hours.
(Updated at 3:25 p.m.) A man is in custody and a woman is dead after an early morning stabbing in Virginia Square.
The grisly incident happened around 5 a.m. at Terwilliger Place, the recently built apartment building on the American Legion Post 139 site at 3445 Washington Blvd.
