News

Activists Speak Out Against Amazon — “Activists who believe the fix is in and the Arlington government already has rolled over for Amazon used what limited opportunities they had at the Nov. 17 County Board meeting to demand more accountability and transparency from elected officials… The confrontational stance taken Saturday by a coalition of left-leaning groups on the issue ended the five-day high Arlington officials had been on since” the Amazon HQ2 announcement last week. [InsideNova, YouTube]

Experts: Amazon Real Estate Boost May Take Awhile — “The arrival of Amazon is likely to help boost parts of the local real estate market… But pump the brakes on the enthusiasm just a bit — any growth regionwide in home sales due to Amazon will be a plus, but not so large that it overshadows overall market dynamics. ‘My sense is that Amazon’s arrival will not have an immediate noticeable impact, but will over time be a contributor to increased values in close-in Northern Virginia,’ said Carol Temple, a certified residential specialist with Coldwell Banker Residential Brokerage.” [InsideNova]


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Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell, “Your Orange Line Specialists.”

It’s official and Arlington is abuzz with the excitement that Amazon’s HQ2 is coming to “National Landing”, a newly branded area that includes parts of Crystal City and Pentagon City in Arlington, and Potomac Yards in Alexandria.


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Adjacent to Country Club Hills, this stunning renovated colonial boasts one of a kind design and thoughtful detail throughout.

Situated on a flat quarter-acre lot with a serene, wooded backdrop, the home is surrounded by some of Arlington’s best parkland. The private backyard looks directly upon the lush woods of Gulf Branch and is accessible to Broyhill Forest Park.


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Restaurant Owners Eye Crystal City — “Andrew Dana, owner of Parkview bagel sensation Call Your Mother and lauded Petworth pizza spot Timber Pizza Co., texted his business partner Jeff Zients on Tuesday night with one question: ‘How do we get into Amazon HQ2?’ It’s a question many restaurant and bar owners will likely be asking in the coming months as Crystal City and Pentagon City prepare to host parts of Amazon.com Inc.’s HQ2 and its eventual 25,000 employees.” [Washington Business Journal]

Last Vehicle Decal Deadline is Tomorrow — “Nov. 16 is the deadline for owners of vehicles garaged in Arlington to display the 2018-19 county vehicle decal. Decals, which signify payment of vehicle taxes, should be placed adjacent to the state-inspection sticker on the driver’s side of the windshield.” [InsideNova]


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Now that Amazon has formalized their plans to launch a new headquarters at National Landing, the greater D.C. region is gearing up for expansive changes.

At Compass, our agents stand poised to put their local expertise to the ultimate test as they empower both new and current residents to navigate the complexities of the changing market in the wake of this historic announcement.


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Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by licensed broker Aaron Seekford of Arlington Realty, Inc. GET MORE out of your real estate investment with Aaron and his team by visiting www.arlingtonrealtyinc.com or calling 703-836-6116 today!

Please note: While Aaron Seekford provides this information for the community, he may not be the listing agent of these homes.


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Worker Rescued from Memorial Bridge — A man working on the Memorial Bridge rehabilitation project was injured this morning and transported to the hospital via fireboat and then ambulance. The injuries were reported to be non-life-threatening. [Twitter, Twitter, Twitter]

More Worries About Real Estate Prices Post-Amazon — “Amazon’s possible arrival in Northern Virginia and Queens, New York, has already sent shockwaves through surrounding real estate markets. Mara Gemond, a longtime Arlington, Virginia, realtor… Crystal City — until news broke that Amazon might be splitting its 50,000-employee second headquarters between there and Long Island City in New York. All of a sudden, the two-bedroom condo in a 1980s-era building that had been sitting on the market for nearly three months with no offers, even after a price cut, had a flood of interest.” [CNN, Washington Post, ARLnow]


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Sophisticated and elegant, to be sure; contemporary, modern and luxurious, absolutely; quieting quality concrete construction and unobstructed rooftop views of iconic regional landmarks, yes, yes, yes.

But what the managers of The Dalton want you to know most about the new 270 unit apartment building at 1225 First Street in Old Town Alexandria is a characteristic not usually associated with Old Town — walkability.


Feature

Just Listed highlights Arlington properties that just came on the market within the past week. This feature is written and sponsored by Team Cathell, “Your Orange Line Specialists.”

Arlington’s real estate market revved up this week after coming out of last week’s coma. Buyers ratified 63 contracts and sellers listed 50 homes. But inventory remains painfully low for buyers. With 479 homes actively for sale, and with the current rate of absorption, Arlington has only 1.9 months of inventory indicating it should still be a seller’s market. A market is considered in equilibrium when it has about 5.5 months of inventory.


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