Falls Church city and school leaders head into planning for the fiscal year 2027 budget with many unknowns to contend with.
David So, the city government’s new budget director, sketched out a number of budget scenarios at a Monday (Dec. 1) work session between members of the City Council and School Board. Depending on the scenario, his projections leave a budget gap of between $2.7 million and $5.4 million that will have to be addressed before a final budget is adopted next May.
Arlington’s apartment-rental costs continued a seasonal slide in November, but remained the highest outside California in a national survey.
According to figures reported Dec. 3 by Apartment List, the median rent in Arlington was $2,398 for a one-bedroom unit, $2,898 for two bedrooms and $2,547 overall. That’s down 0.9% month-over-month, compared to a 1% decrease nationally, and is down 0.3% year-over-year.
A drop in occupancy rates at Arlington hotels is raising concerns about how long a rebound might take and the ripple effects it will have across the county’s overall economy.
Vacancy rates are “the biggest challenge” among local economic indicators at the moment, said Kate Ange, acting director of Arlington Economic Development.
Regional airport leaders are budgeting for a moderate rebound in passenger numbers after a decline in 2025.
The calendar year 2026 budget for the Metropolitan Washington Airports Authority (MWAA) anticipates about 12.8 million enplanements next year, up from a projected 12.6 million in 2025 but down from the record 13.1 million enplanements in 2024.
The housing market in Arlington held up well in October despite economic headwinds and the federal shutdown.
One key indicator: The average sales price for single-family detached homes approached $1.5 million — down from an unexpectedly high amount in September but still well above year-over-year figures.
The number of Arlington rental units that are financially accessible to those earning less than 80% of area median income (AMI) has skyrocketed rather than plummeted over the past decade.
Not because housing is becoming cheaper, but because incomes of local residents have risen faster than the cost of renting.
WASHINGTON (AP) — With the combination of the longest government shutdown, the mass firings of government workers and a fresh cut in federal food aid, the Capital Area Food Bank in Washington is bracing for the swell of people who will need its help before the holiday season.
The food bank, which serves 400 pantries and aid organizations in the District of Columbia, northern Virginia and two Maryland counties, is providing 8 million more meals than it had prepared to this budget year — a nearly 20% increase.
Despite the federal-government shutdown, Arlington and much of Northern Virginia are seeing robust interest among potential home-buyers, something unusual this time of year.
The county recorded 728 home showings for the week ending Nov. 2, according to figures reported by the Bright MLS multiple-listing service.
The Falls Church City Council is considering a major increase to a pool of funding to support local residents facing short-term financial difficulties.
City staff originally proposed adding $20,000 to $25,100 previously allocated for an assistance fund that provides eligible households with up to $1,000 in support per year.
Despite high office vacancy rates, several of Arlington’s major commercial corridors have some of the highest commercial real estate prices in Northern Virginia, new data shows.
Rosslyn, Ballston, National Landing and Clarendon/Courthouse/Virginia Square were the only sub-corridors of Northern Virginia with asking rates above $40 per square foot in third-quarter figures reported last week by Savills Research & Data Services.
Arlington single-family homes continued to march closer to an average $2 million sales price in newly released data.
The average sales price of the 60 single-family detached properties that went to closing in September was $1,813,759 — up a whopping 23.5% year-over-year.
The owners of a small wine bar and restaurant in Ballston are closing their doors for good this month, citing rising operating costs, flagging sales and a struggling region-wide economy.
Pirouette Cafe & Wine Shop’s last day of service is Saturday, Oct. 18 at 4000 Fairfax Drive, owners Jackie and Philippe Loustaunau announced on social media and in an email to customers yesterday (Wednesday).
