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Most and least expensive condos (June 2025)

By Carolanne Korolowicz

This recurring Most and Least Expensive Home feature is sponsored by The Eli Residential Team. Their mission is to guide, educate, and advocate for their clients through real advice, hands-on support, and personalized service. This week’s post is written by Carolanne Korolowicz

Here in Arlington, real estate is a spectator sport. Let’s take a look at some of the most and least expensive condos sold last month (June 2025).

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Most Expensive Condos Sold

Least Expensive Condos Sold

*Minimum home value of $200,00 set to exclude certain land sales, retirement condos, properties with expiring ground leases, studio apartments, etc,

If you have any questions regarding these listings, or would like to schedule a private showing, please reach out to Carolanne Korolowicz.

Open houses this weekend: July 18, 2025

By Carolanne Korolowicz
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This recurring Open Houses feature is sponsored by The Eli Residential Team. Their mission is to guide, educate, and advocate for their clients through real advice, hands-on support, and personalized service. This week’s post is written by Carolanne Korolowicz

Beat the heat at these open houses this weekend! From brick ramblers to high-rise living, these Arlington homes have one thing in common – air conditioning.

Single Family Homes

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Townhomes

Condominiums

BizTalk: Global Tech Companies Discover Arlington as a Top Business Destination

By Adriana Bonilla

This article is written and sponsored by Arlington Economic Development.

Arlington’s diverse talent, strong innovation ecosystem and collaborative business community are making it a top landing destination for global technology companies expanding into the U.S. market.

Earlier this year, Arlington Economic Development (AED) launched the inaugural Arlington Tech Launchpad — a bold new initiative that brought 15 high-growth technology companies from 12 countries directly into the heart of Arlington.

These companies — innovators in cybersecurity, aerospace and advanced computing — connected with more than 100 local community members who are shaping the future of technology right here. They met with industry leaders at Amazon HQ2 and Microsoft, collaborated with academic partners at Virginia Tech, George Mason and Northeastern Universities, explored coworking spaces like WeWork and business studios like Unstuck Labs and got a true sense of what makes Arlington special.

For many founders, this was their first direct connection to Arlington’s business ecosystem and it made a lasting impression. Many of these firms are now considering Arlington not just as a place to visit but as a place to grow and hire.

Programs like the Arlington Tech Launchpad build local job opportunities in fast-growing industries, strengthen global-local ties and drive sustainable growth for years to come.

From Argentina to Armenia, Brazil to the United Kingdom and Singapore to South Korea, the visiting companies saw firsthand what makes Arlington a magnet for global talent. They toured innovation hubs and experienced our community’s vibrant quality of life — riding the Metro and ART bus, dining at neighborhood restaurants and exploring the walkable streets that make Arlington an exceptional place to live and work.

“Everyone wants to help you. You can smell the innovation here,” said Marcello, General Manager of Kreitech (Uruguay).

“The ambition and community here are impressive — they’re already building the future,” shared Camellia, CEO of X-PHY (Singapore).

“It’s clear Arlington is betting on technology and building a thriving, multicultural ecosystem,” added Eric Michel, CTO of Oysterable (South Korea).

“My company sits at the intersection of robotics, aerospace, and data analytics — and Arlington feels like the epicenter for these technologies,” said Pedro Meneses, CEO of Ecuador-based Aerialoop.

Momentum is already building. Companies are returning to strengthen connections, hire local talent and explore long-term investments. One founder even shared, “We’re actively looking to open an office in Virginia — the concentration of talent here is incredible” said Adrian Figueroa of FLEXIO in Puerto Rico.

At Arlington Economic Development, we believe innovation thrives when people feel connected — ideas, opportunities and to each other. That’s why we continue to invest in programs like Tech Launchpad that fuel innovation, attract global talent and position Arlington as a top destination for technology and entrepreneurship.

Looking ahead, AED is planning a second Tech Launchpad cohort for spring 2026 — another chance to showcase Arlington’s welcoming business climate and drive for what’s next.

Stay connected with Arlington Tech Launchpad and learn more about future opportunities. Visit our website, sign up for updates or follow us on LinkedIn. Arlington is ready to welcome you — let’s build the future together.

Sign up for updates

Just Reduced Properties in Arlington: July 16, 2025

By Sponsor

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

As of July 14, there are 205 detached homes, 52 townhouses and 216 condos for sale throughout Arlington County. In total, 51 homes experienced a price reduction in the past week, including:

4041 27th Road N

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Ask Eli: Truth About 100% Bonus Depreciation

By Eli Tucker

This regularly scheduled sponsored 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 do I take advantage of the new 100% Bonus Depreciation tax benefit for my rental property?

Answer: You’ve probably heard that the tax provisions in the recent One Big Beautiful Bill Act brings back 100% bonus depreciation and how much this excites investors. Is this a windfall for all investment property owners? Who benefits? Let’s look past the headlines and dig into what 100% bonus depreciation means and who benefits.

I got input from my CPA, who I highly recommend, Matt Bormel of Bormel, Grice, and Huyett on the important details of 100% Bonus Depreciation. If you have questions about how you can take advantage of the new tax policy or would like general tax support, you can reach Matt by email at [email protected].

What is 100% Bonus Depreciation?

Depreciation is a cornerstone tax benefit for real estate investors, allowing the deduction of real estate assets/components over its useful life. For residential investment properties, owners are allowed to depreciate the value of the home in equal amounts over 27.5 years (referred to a straight-line depreciation).

Bonus depreciation turbocharges this by enabling the immediate deduction of qualified assets in the first year, greatly accelerating tax savings.

Qualified assets typically include components within a property that depreciate quicker than the overall structure, such as:

  • Appliances
  • Flooring
  • Cabinets
  • HVAC systems
  • Landscaping and exterior improvements

What Qualifies for 100% Bonus Depreciation?

Land never qualifies for depreciation and the structure of a home (the “building”) does not qualify for bonus depreciation (depreciates over the aforementioned 27.5 years), but many components of the home do, as noted above.

There are two simple ways of categorizing how you can benefit from 100% bonus depreciation:

  1. If you own an investment property and put a qualifying component in-service after January 19 2025, it qualifies for 100% bonus depreciation and will be deducted, like an expense, in year one.
  2. If you purchase an investment property after January 19 2025, all qualifying components can receive 100% bonus depreciation treatment, but you need to perform a cost segregation study.

A cost segregation study is performed by professionals who analyze the property, classifying each component into shorter depreciation periods (5, 7, or 15 years) and assigning a value. It is highly detailed and meets specific IRS requirements.

Cost segregation studies cost thousands (or more, for larger properties) and are often too expensive to justify for a residential investment property. Yes, like most things, you can do one yourself or get it done cheaply, but you increase the risk of it being done wrong and running afoul of the IRS.

Don’t Forget about Depreciation Recapture

Depreciation recapture often surprises investors at the point of sale. When selling, the IRS “recaptures” depreciation deductions previously claimed, taxing these at a higher rate (typically 15-25%) than standard long-term capital gains. This can significantly reduce the net proceeds upon sale, making bonus depreciation primarily a tax-deferral strategy rather than permanent tax avoidance.

Who Benefits from Bonus Depreciation?

  • High-Income Investors: Investors facing significant tax burdens stand to benefit dramatically, potentially saving tens of thousands of dollars immediately.
  • Real Estate Professionals (REPS): Those qualifying under IRS guidelines can use these deductions against active income, creating substantial tax savings.
  • Investors Experiencing High Taxable Events: Individuals who have realized large taxable gains (e.g., sale of businesses, large income events) can offset these through strategic bonus depreciation.
  • Long-term Investors: Tax benefits improve for longer-term holding periods

Who Might Not Benefit?

  • Low-Income Investors: Those without significant tax liabilities may not fully utilize immediate deductions.
  • Short-Term Property Owners: Investors planning to sell properties soon may face accelerated recapture taxes, negating immediate savings.
  • Smaller Property Owners: The upfront cost and complexity of a segregation study may outweigh the benefits.

Pros of Bonus Depreciation

  • Immediate Tax Savings: Accelerating deductions enhances cash flow immediately
  • Strategic Flexibility: Ideal for offsetting significant taxable income events
  • Enhanced Investment Returns: Increased immediate liquidity can be leveraged into additional investments or debt reduction

Cons of Bonus Depreciation

  • Upfront Costs: If needed, cost segregation studies involve high costs
  • Recapture Liability: Tax rates change over time. Investors planning for the long-term must consider potential future tax increases, possibly making recapture more costly
  • Complexity and Audit Risk: Aggressive strategies may attract IRS scrutiny, necessitating meticulous record-keeping and professional guidance

Bottom Line

100% bonus depreciation is a powerful financial tool in real estate investment tax strategy, but it has limited or no benefit to many casual real estate investors. Each investor must weigh immediate benefits, recapture implications, long-term financial strategies, and up-front costs to determine if it’s the right tax strategy for them.

Before proceeding, consult with a tax professional to assess how this aligns with your investment goals and tax situation. You are welcome to contact my CPA, Matt Bormel at [email protected].

If you’d like to discuss buying, selling, investing, or renting, don’t hesitate to reach out to me at [email protected].

Upcoming (pre-market) ERG Listings, Details and Additional Listings Available by Request

  • Falls Church City – 4BR/4.5BA/3,000+ sqft – End-unit townhouse (1995) – Rees Pl Falls Church VA 22046
  • Highland Park/Overlee Knolls – 6BR/5.5BA/5,000+ sqft – Detached Single Family (2025) – 22nd Rd N Arlington VA 22205
  • Arlington Ridge/Aurora Hills – 3BR/2.5BA/2,450sqft – Detached Single Family (1961) – S Grove St Arlington VA 22202
  • Yorktown – 6BR/6.5BA/6,000+ sqft – Detached Single Family (2026) – N Greencastle St Arlington VA 22207

Eli and his team believe that your real estate needs should be managed by advisors, not salespeople. Their mission is to guide, educate, and advocate for their clients through real advice, hands-on support, and personalized service.

Schedule a Meeting with Eli
Sponsored

Move-in Ready & under $1M: Townhomes you’ll love

By Sponsor
1334 S Quinn St

This recurring Open Houses feature is sponsored by The Eli Residential Team. Their mission is to guide, educate, and advocate for their clients through real advice, hands-on support, and personalized service. This week’s post is written by Val Connolly

If you’ve been waiting for the right time to buy in Arlington, this could be your moment.

Go to Move-in Ready & under $1M: Townhomes you’ll love Read more

Open houses this weekend: July 11, 2025

By Sponsor
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This recurring Open Houses feature is sponsored by The Eli Residential Team. Their mission is to guide, educate, and advocate for their clients through real advice, hands-on support, and personalized service. This week’s post is written by Val Connolly

Want to stay cool and dry this weekend? Why not explore some of Arlington’s newest listings while you’re at it? Whether you’re actively house hunting or just curious about what’s out there, open houses are a great way to get inspired. Arlington’s got something for everyone this weekend—and these homes are ready to be seen.

Detached Homes

Townhomes

Condominiums

If you’d like a private tour or want help mapping out the best stops, reach out to Val Connolly—I’d be happy to guide you!

Just Reduced Properties in Arlington: July 9, 2025

By Sponsor

Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.

As of July 7, there are 198 detached homes, 45 townhouses and 199 condos for sale throughout Arlington County. In total, 33 homes experienced a price reduction in the past week, including:

3615 22ND Street N

Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.

Small Biz Focus: STATED brings timeless American craftsmanship to Arlington

By Sponsor
STATED

This article is sponsored by Arlington Economic Development.

A new name in American-made fashion has officially arrived in Arlington, VA. STATED, a locally rooted brand specializing in high-quality totes and garments, opened its doors in June 2025 after launching online in 2024. With a commitment to timeless design and domestic production, STATED is quickly making its mark as a brand that blends classic style with modern sensibility.

Founded by a longtime Arlington resident, Shahira Tewfik, STATED is more than just a fashion label — it’s a tribute to American craftsmanship. All products are fabricated in the United States using materials from one of the few remaining U.S. textile mills. The brand’s minimalist aesthetic is designed to be both durable and adaptable, allowing each piece to be uniquely personalized by its user. As the founder puts it, “We are neither overstated nor understated — we are simply STATED.”

The journey to launch was supported in part by Arlington Economic Development’s BizLaunch program. After connecting with the BizLaunch team at a local business event in April 2025, the founder received invaluable guidance and access to resources that helped navigate the early stages of business development. “They’ve been instrumental in connecting me with the right people and departments,” said Tewfik.

STATED’s roots in Arlington run deep. The Tewfik has called the area home since 1996 and chose to grow the business here to give back to the community that shaped them. “Arlington is diverse, vibrant and constantly evolving. That energy has influenced my designs and business philosophy,” they said.

While the transient nature of Arlington’s population — largely due to its proximity to government institutions — can pose challenges, it also brings a youthful, dynamic spirit that keeps the community fresh and inspiring.

The brand’s vision is ambitious: to grow into a nationally and internationally recognized name, celebrated for its durability and classic American style. And with the help of a dedicated team — including the founder’s adult children, who currently work pro bono — STATED is well on its way.

Every customer who supports STATED becomes part of a larger mission: to celebrate and preserve the legacy of American textile and garment industries. As the founder reflects, “Each person who appreciates our work helps spread the word that quality, timeless fabrication still exists right here in the U.S.”

For Arlington residents and beyond, STATED is a brand to watch — and wear. For more information about Stated visit: www.statedus.com. To learn how BizLaunch can support your small business visit www.bizlaunch.org.

Ask Eli: Investment loan interest rates are dropping

By Sponsor

This regularly scheduled sponsored 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].

Eli and his team believe that your real estate needs should be managed by advisors, not salespeople. Their mission is to guide, educate, and advocate for their clients through real advice, hands-on support, and personalized service.

Interest rates on investment properties are traditionally much higher than rates on primary homes, often 0.75-1.0%+ higher or charge 1.5-2 points, because they are riskier loans and thus require a higher return from the creditors. However, I’ve recently found that some banks are pricing investment loans much lower than I’m used to seeing, relative to loans on primary homes.

As we head into the second half of the year, when demand begins to taper off in the real estate market, the lower interest rates on investment loans might create some attractive buying opportunities for some investors.

I spoke with Trey Reed with Cross Country Mortgage about their investment loans and why CCM has shifted its investment products. If you’d like to speak with Trey directly, you can reach him at [email protected] or 703.297.9382.

Lower Rates on Investment Loans, Including Condos

Usually interest rates on investment properties are 0.75-1.0% higher than the going rate on mortgages for primary homes (or charge 1.5-2 points on the loan), but lately CCM has been pricing investment loans just 0.125-0.25% higher than their rates on primary loans (with no points). Last week an investment property with 25-30% down was priced at 6.875-6.99% with no points for a 30y loan compared to 6.75-6.875% for a comparable loan on a primary home.

Traditionally rates on condo loans have also been higher than other property types because banks consider condos to be a riskier asset. With at least 25% down, CCM is not charging any risk premiums for condos, which usually costs borrowers another 0.25%.

Why Have Investment Loans Gotten Cheaper?

Trey can’t speak for all banks, but he said that Cross Country Mortgage has improved their rate pricing and underwriting guidelines favorably for investors because they’ve found that the loans perform well in the long run and are seeing a lot of demand for them in the secondary market.

Investment properties have higher down payments (25-30%) compared to most primary home loans and the rental income provides additional risk protection compared to primary or second homes. The risk protection of rental income is the main reason why you won’t find similar rate discounts on second homes.

Portfolio Lending Offers More Flexibility

These discounted investment loans are what’s called “portfolio loans” which means CCM is setting their own underwriting guidelines rather than using Fannie Mae guidelines, which price investment loans much higher. One of the differences in these portfolio guidelines is that they’re applying future rental income to the debt to income calculations to qualify borrowers, making it easier to qualify for an investment loan.

If you have questions about Cross Country Mortgage’s investment loans or are interested in getting quote on a property you’re considering, you can reach Trey Reed at [email protected].

If you’d like to discuss buying, selling, investing, or renting, don’t hesitate to reach out to me at [email protected].

Five great properties for Pentagon Metro users

By Sponsor
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This recurring real estate feature is sponsored by The Eli Residential Team. Their mission is to guide, educate, and advocate for their clients through real advice, hands-on support, and personalized service. This week’s post is written by Carolanne Korolowicz.

Whether you are on the team blue or yellow line, every avid metro rider knows the importance of residing by a station. Those who want walkability to great restaurants and retail, including Costco, you don’t want to miss out on these properties perfect for rolling out of bed and onto your morning commute.

New York has Fifth Avenue, Beverly Hills has Mulholland Drive, and Arlington has Arlington Ridge Road. Situated on an iconic street known for gorgeous homes with spectacular views, this over 8,400 square-foot brick Colonial has a stately presence. Being only a 15 minute walk to the metro, you don’t have to sacrifice bed & bath count for convenience.

The 1950-1980s Arlington condominium buildings got many things right – expansive floorplans, designated dining areas, grand balconies and storage for days. This Horizon House condo includes all of these luxuries, but upgraded with modern finishes and design.

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Anytime I show a condo at The Representative, I am transported to a world of 1970s glamour. With Italian marble inlaid flooring, floor to ceiling windows, custom closets and a wrap-around balcony, the true showstopper is the view. The Washington Monument and Air Force Memorial are all visible from the comfort of the living room.

This 1930s Cape Cod brings old-timey charm mixed with modern-day creature comforts. Greeted by a large front porch, once inside hardwood floors, arched doorways and wainscoting along the dining room all gleam. Other than being centrally located, the home includes the conveniences of EV charging and solar panels.

Priced lower than most one-bedroom condos in the county, this renovated unit is perfect for any commuter looking for walkability with extra room at a great price. The bright and clean finishes throughout give the condo an open and spacious feel. Bonus: the condo association fee includes ALL utilities.

Legal Insider: How to file an MSPB appeal

By Sponsor

This is a sponsored column by attorneys John Berry and Kimberly Berry of Berry & Berry, PLLC, an employment and labor law firm located in Northern Virginia that specializes in DC, Maryland, Virginia, federal employee, security clearance, retirement and private sector employee matters.

By John V. Berry

Our federal employment lawyers represent federal employees nationwide before the Merit Systems Protection Board (MSPB). When filing an appeal with the MSPB a federal employee must carefully complete several critical steps to start the process. Failure to comply with these requirements may result in the dismissal of the appeal or the exclusion of critical components from MSPB review.

Filing Deadline for an MSPB Appeal

In general, an appeal must be filed within 30 calendar days of either the effective date of action, if any, or the date the appellant receives the agency’s decision, whichever occurs later. However, if the appellant and the agency mutually agree in writing to engage in an alternative dispute resolution process before the appeal deadline, the filing period can be extended by an additional 30 days, resulting in a total of 60 calendar days to file the appeal.

The MSPB will likely dismiss an appeal that is filed after the deadline. To avoid this outcome, it is essential to strictly adhere to all filing deadlines.

Where to File an MSPB Appeal

You must file your appeal with the MSPB regional or field office that serves the geographic area where your duty station was located at the time the action was taken. However, if the appeal involves a final decision by the Office of Personnel Management (OPM) concerning retirement benefits, or an adverse suitability determination, it should be filed with the regional or field office that has jurisdiction over your place of residence. For a complete list of MSPB regional and field office jurisdictions, refer to Appendix II of Part 1201 of the Board’s regulations. The MSPB has some helpful information listed here regarding the filing of appeals.

Electronic Filing of an MSPB Appeal

The MSPB e-Appeal system, is the most efficient and is the exclusive platform for electronic filing with the Board. If you prefer not to file your appeal electronically, you may download the MSPB Appeal Form and submit it using traditional methods, such as postal mail. While using the Appeal Form or the e-Appeal Online application helps ensure that all required information is included, use of the form is not mandatory.

At our law firm, we utilize the electronic filing system from the initial filing through the conclusion of the appeals process. Regardless of the method used, an appeal must be submitted in writing and must contain all the information required under 5 C.F.R. § 1201.24(a). Specifically, § 1201.24(a) provides that all appeals must include the following:

  1. The name, address, and telephone number of the appellant, and the name and address of the agency that took the action;
  2. A description of the action the agency took and its effective date;
  3. A request for hearing if the appellant wants one;
  4. A statement of the reasons why the appellant believes the agency action is wrong;
  5. A statement of the action the appellant would like the judge to order;
  6. The name, address, and telephone number of the appellant’s representative, if the appellant has a representative;
  7. Where applicable, a copy of the notice of proposed action, the agency decision being appealed and, if available, the SF-50 or similar notice of personnel action. No other attachments should be included with the appeal, as the agency will be submitting the documents required by 1201.25 of this part, and there will be several opportunities to submit evidence and argument after the appeal is filed. An appellant should not miss the deadline for filing merely because he or she does not currently have all of the documents specified in this section.
  8. A statement telling whether the appellant or anyone acting on his or her behalf has filed a grievance or a formal discrimination complaint with any agency regarding this matter; and
  9. The signature of the appellant or, if the appellant has a representative, of the representative. If the appeal is electronically filed, compliance with § 1201.14 and the directions at the Board’s e-Appeal site (https://e-appeal.mspb.gov) satisfy the signature requirement.

Procedures Following an MSPB Appeal

The Administrative Judge assigned to the case will issue an Acknowledgment Order to the appellant, their representative (if any), and the agency. This order serves to officially notify all parties of the appeal and transmits a copy of the appeal to the agency. It also directs the agency to submit a written response explaining the reasons for the personnel action being challenged, along with all documents contained in the official agency record related to the action.

As the case proceeds, the Administrative Judge will issue additional orders and notices regarding required pleadings and procedural deadlines. Pleadings may be submitted electronically via the MSPB’s e-Appeal Online system, or by regular mail, fax, or personal/commercial delivery. Following a hearing, or, if no hearing is requested, after the close of the written record, the Administrative Judge will issue an initial decision.

A well-prepared submission significantly improves a federal employee’s chances of either successfully litigating the case or reaching a favorable settlement. A clear and thorough appeal gives the Administrative Judge the context needed to assess the claims early on and ensures proper understanding of the legal arguments from the outset, which facilitates settlement discussions.

Conversely, if the appeal lacks clarity or detail, the Administrative Judge may overlook key issues, diminishing the focus on the case and weakening its presentation throughout the process. For these reasons, our firm strongly recommends that federal employees seek legal counsel to review and prepare the initial appeal to ensure it meets all procedural requirements.

Contact Us

Berry & Berry, PLLC represents current and former federal employees in employment, administrative, labor union, and security clearance matters, both nationwide and abroad. To learn more or to schedule a consultation, please visit our website at www.berrylegal.com or call us at (703) 668-0070.

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