(Updated 12:40 p.m.) Arlington Community High School is set to take over part of an office building in Ballston next year.
The semi-nomadic school has had many temporary homes over the years, and is currently located in the former Fenwick building (800 S. Walter Reed Drive).
A new medical cannabis dispensary coming to Clarendon is delaying its opening to early next year.
Beyond/Hello is hoping to open Arlington’s first medical cannabis dispensary — and its fifth in Northern Virginia — in the “first half of January,” though that depends on county inspections, a spokesperson told ARLnow.
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…)
(Updated at 11:10 a.m.) A theft suspect in a U-Haul managed to flee from police in Pentagon City last week.
The theft happened just before 4 p.m. at or near the Pentagon Row shopping center. The suspect, a woman, reportedly stole a large quantity of clothing and beauty items before fleeing in a rental truck driven by second suspect, a man.
If you’re a college student spending the summer in Arlington — whether you’re interning, working, or just home for a few months — EvolveAll is the place to stay fit, sharpen skills, and be in community.
For just $295, college students get full access to all of EvolveAll’s adult programs from May through August. That means Brazilian Jiu-Jitsu, boxing, self-defense, yoga, Pilates, and more — a whole community of people who show up, put in the work, and look out for each other.
RCA Building Trades Hands — “A joint venture led by McLean’s Jefferson Apartment Group has acquired the former RCA building in Rosslyn for $55.5 million, more than a year after gaining county approval to replace it with a multifamily high-rise… With the acquisition complete, demolition is anticipated to begin in February or March, a JAG spokesperson said in an email.” [Washington Business Journal]
Google Maps Leading Drivers Astray? — From Dave Statter: “@googlemaps still tells drivers to make the dangerous move from SB Boundary Channel to I-395S Exit 8C. Many do.” [Twitter]
*Mamistad Groups meet IN PERSON-only the introductory Zoom call is virtual. :)
Pregnancy and new mom groups are a lifesaver when it comes to normalizing those feelings we just can’t be prepared for.
A man tried to steal a gun from an Arlington gun store last week but was chased down by a store manager as he tried to flee.
The incident happened Thursday around 6:30 p.m. at Nova Armory, which is now located at 2607 Wilson Blvd in Clarendon.
Arlington County police are investigating the death of a man found unresponsive in a park along Columbia Pike.
Police were called around 10 p.m. Friday night for a man lying on the ground and not moving near the intersection of Columbia Pike and Four Mile Run Drive, which is also in proximity to the bike trail.
Margaret Johnson Wilson (Age 90)
1932-2022
Good Friday evening, Arlington. Today we published 6 articles that were read a total of 7935 times… so far.
The following are the most-read articles for today — Dec 9, 2022.
President Joe Biden and First Lady Jill Biden are scheduled to cross the river into Arlington next week.
“On Monday, December 12, as part of the First Lady’s Joining Forces initiative, the President and the First Lady will travel to Joint Base Myer-Henderson Hall in Arlington, Virginia to participate in a United States Marine Corps Reserve Toys for Tots sorting event, in celebration of Toys for Tots’ 75th Anniversary,” the White House announced Friday afternoon.
