Good Thursday evening, Arlington. Today we published 5 articles that were read a total of 4874 times… so far.
The following are the most-read articles for today — Dec 29, 2022.
Our countdown to 2023 with the most-read stories of the past year continues today.
The penultimate round up includes more breaking news, heroism and an improbable infiltration.
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: How common is it for a home sale to fall through once it’s under contract?
Answer: According to a recent study, 70% of sellers fear that buyers will back out of the deal before it closes. How often do real estate transactions actually fall apart?
Arlington, Northern VA Buyers Are Committed
Since 2019, less than 10% of real estate contracts fell through in Arlington, compared to 26.3% in Prince George’s County.
Just 11.4% of Northern VA real estate contracts didn’t make it to closing, as opposed to 13.8% in Montgomery County MD and 15.2% in Washington DC.
Spring Buyers Are More Committed
Homes that go under contract during the spring market are more likely to close than those that sell later in the year.
In Northern VA, just 9.6% of homes that go under contract in April fall through, but December contracts fall through 12.8% of the time; 12% more than average.
This pattern of fall-through rates follows a similar pattern of best and worst times to go to market for sellers. February through May often produce the best results for sellers in speed and price metrics, it also gives sellers the best chance at getting to the closing table.
Seasonal fall-through rates across the entire DMV market follow a similar trend as Northern VA, but the average fall-through rate increases 4-5% when you include DC and Maryland suburbs. (more…)
If you bought a Christmas tree this year, don’t throw out it out just yet (unless it’s dangerously dry).
Starting Monday, Arlington County will begin its annual curbside Christmas tree collection. Tree pick-up for Arlington residential waste collection customers — primarily those in single-family homes — will go through Friday, Jan. 13.
Local rising kindergartener, Phin, has advanced to the Top 5 in his group in the national Jr. Ranger Contest, a competition that celebrates children who are passionate about nature, wildlife, and exploration. After making it through earlier rounds with strong community support, Phin is now in 4th place and working toward the top spot needed to move on to the quarterfinals.
The contest encourages kids to engage with the outdoors and highlights their curiosity and love for learning about the natural world. For Phin and his family, this experience has been both exciting and meaningful, made even more special by the encouragement from friends, neighbors, and the broader community.
This past week saw 14 homes sold in Arlington.
The least expensive condo, single-family home or townhouse sale over the past seven days was $215,000 while the most expensive was $1,900,000.
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As a Special Victims Unit detective with Arlington County police, and as a graduate student and a mom, Tiffanie McGuire does not have a lot of free time.
But she makes time for coaching the Dorothy Hamm Middle School girls and boys soccer teams, something she has been doing since 2019 when she was a School Resource Officer. Over the last three years, she has watched her players become leaders who understand personal responsibility and sportsmanship.
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Last December, we asked whether you thought 2022 would be a better year than 2021.
With over 1,300 votes, 64% of respondents predicted that yes, 2022 would be better. But was it?
District Taco’s Big Expansion — “District Taco has inked a trio of franchise agreements to significantly expand along the East Coast, the next step in a larger plan to broaden the reach of the Yucatán-style restaurant chain that started in 2009 from a single food cart… It’s the latest step by co-founders Osiris Hoil and Marc Wallace to turn the restaurant chain into a nationally known brand or, as Hoil put it in an August interview, to put District Taco on every American’s dining room table.” [Washington Business Journal]
Rep. Beyer Studying AI at GMU — “His phone was ringing. ‘I’ll be there,’ Beyer told a colleague wondering when he would be returning to the House floor for votes. It seemed study time would have to wait. That’s been the story of the year for Beyer (D-Va.), who has been moonlighting as a student at George Mason University in pursuit of a master’s degree in machine learning while balancing his duties as a congressman.” [Washington Post]
Good Wednesday evening, Arlington. Today we published 5 articles that were read a total of 8220 times… so far.
The following are the most-read articles for today — Dec 28, 2022.
Arlington police are investigating a violent robbery in the Lyon Park neighborhood last night.
The robbery happened around 11 p.m. on the 200 block of N. Wayne Street, in the area of the Washington and Lee Apartments, and resulted in gunfire and a serious injury.