Real Estate Market Remains Hot — “A total of 264 properties went to closing in October, up 25.7 percent from the 210 transactions a year before… The Arlington-wide average sales price of $757,378 recorded in October was up 14.5 percent from $661,447, with a 16.7-percent increase in the average sales price of single-family homes (to $1,148,445) and a 2.7-percent increase for attached homes, such as townhouses and rowhouses (to $537,547).” [InsideNova]
Investment for Arlington Tech Firm — “The Center for Innovative Technology (CIT) today announced that Virginia Founders Fund (VFF) has invested in Rosslyn, Va.-based Mesh Intelligence, developer of a proactive food safety and supply chain solution to predict upcoming and evolving risks and disruptions globally to help organizations plan and act faster.” [GlobeNewswire via Potomac Tech Wire]