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The longer a house sits on the market, the more opportunity you’ll have to negotiate the price down. The D.C. Metro area is currently what we call a “seller’s market,” meaning that homes generally sell quickly here. What this means for you is that any home that’s been listed for even 15 to 30 days begins to tip the price advantage in your direction; you could negotiate 3-4% off the home price.

Other factors that affect the particulars of negotiating off list price include:


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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.”

Arlington’s peak fall market is performing more like a summer doldrums market this week.  Sellers listed only 71 homes this week while buyers ratified only 55 contracts.  Those are numbers we would expect in July and August, but not the first week of October.


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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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This regularly-scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Rosslyn resident. Please submit your questions to him via email for response in future columns. Enjoy!

I am excited to announce that today marks our expansion of the “Ask Eli” real estate column further into Northern Virginia, with the introduction of “Ask Val” in the Tysons Reporter.


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 fall real estate market was a bit sluggish this week as sellers listed only 65 homes and buyers ratified only 54 contracts. Perhaps the dismal rainy weather has kept buyers unusually inactive. In a typically strong fall market we should see 60-70 ratified contracts this time in September.


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This beautiful, luxury custom Craftsman home is ready for you to move in. See more photos and video at 3305NAlbemarleSt.com.

The first floor features a spectacular open floor plan with soaring 10-foot ceilings. The striking chef’s kitchen offers top quality appliances, custom cabinets and built-in wine cooler. A family room with fireplace and coffered ceilings, built-in cabinets and shelves and floor-to-ceiling windows on three sides overlook the professionally landscaped backyard.


Feature

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.


Feature

This regularly-scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Rosslyn resident. Please submit your questions to him via email for response in future columns. Enjoy!

Last week, I published Part 1 of my opinions on why Amazon HQ2 is likely to come to the Northern Virginia/Washington, D.C. region and this week I am adding my thoughts on where I think they will/should locate and (sort of) answering the most common question I get — how it will impact the housing market.


News

Arlington Names New Resident Ombudsman — “Ben Aiken has been named as Arlington’s Resident Ombudsman and Director of Constituent Services in the County Manager’s Office, effective October 8, 2018. Arlington’s Resident Ombudsman is part of the Constituent Services Team helping to ensure Arlington’s government works effectively and maintains a high degree of transparency.” [Arlington County]

Senior Alert for Man Last Seen in Arlington — “The Virginia State Police Department has issued a Senior Alert for 78-year-old James Oliver… Oliver was last seen in Arlington around 3 p.m. Sept. 19, walking near the intersection of North Wakefield [Street] and 24th Street. He was reportedly wearing a blue blazer, silver shirt, pink neck tie and blue jeans.” [WDBJ7]


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