News

McAuliffe to Sign Bills at Wakefield HS — Virginia Gov. Terry McAuliffe will sign two pieces of school-related legislation during a visit to Wakefield High School Thursday morning. McAuliffe will sign SB 336/HB 895, which updates and modernizes high school graduation requirements, and SB 573/HB 279, which makes it easier for those in Career and Technical Education fields to become adjunct teachers.

Clement Calls for More Paving — Perennial candidate Audrey Clement, who is running as an independent for County Board, is calling for Arlington County to accelerate its street paving. “There are way too many potholes and cracked and broken pavements for Arlington residents to drive or walk safely to work, school, or shopping centers — let alone to bike,” Clement said. [Audrey Clement]


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The proceeding post is sponsored and written by Rosslyn Key

As developers scrambled over recent years to meet the demand for luxury homes in the D.C. area they pushed projects further and further into the suburbs, losing much of the urban appeal, character and convenience that is found in the area’s epicenter. Families followed the real estate trend and moved further out in search of new construction communities, but young professionals quickly filled the area’s urban spaces. What followed this shift in demographics was a resurgence of energy and an immediate demand for a vibrant social lifestyle in what were formerly considered to be “boring” neighborhoods.


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The following promoted post was written and sponsored by Orange Line Living.

The Orange Line Living and Keri Shull team are hosting a Home Seller Seminar event on April 25th at our Rosslyn office located at 1600 Wilson Blvd, Suite 101, in Arlington. We will have specialists on hand (including lenders and listing agents) to give you an overview of the home selling process.


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The Orange Line Living and Keri Shull Team are hosting two Free Home Buyer Seminar events on April 16 and 18.

The events will have specialists on hand, including lenders and buyer agents, to give you an overview of the buying process. They have also partnered with special guest speaker Elysia Stobbe of NFM Lending to give tips on how to get the best mortgage. She will also be raffling away her #1 Best Seller on Amazon “How To Get Approved for the Best Mortgage Without Sticking a Fork in Your Eye” to all attendees.


News

Low House Rental Profits in Arlington — Of 448 U.S. counties with a population over 100,000, Arlington County has the lowest annual gross yield on rentals of single family homes. Those renting their homes can expect a low return on their investment: only 3.3 percent in Arlington. [RealtyTrac]

Women of Vision Nominations Begin — The Arlington County Commission on the Status of Women is accepting nominations for its 2016 Women of Vision Awards. The nomination deadline is April 15. [ARLnow]


News

Experts: No D.C. Real Estate Bubble — Most experts in a recent Zillow-sponsored survey said there is no significant risk of a real estate bubble in the D.C. region, at least over the next five years. However, a significant portion of experts do believe other hot markets, like San Francisco and Miami, may be at risk of a bubble. The overall value of all residential real estate in the D.C. region, meanwhile, is approaching $1 trillion. [InsideNova, InsideNova]

Lane Closures For Crystal City Project — On-street parking, bike lanes and the outside travel lane are currently blocked off on both sides of 18th Street S. between S. Eads and Clark streets for construction of the Crystal City Multimodal Center under the Route 1 bridge. Cyclists in particular are urged to use caution when using 18th Street. [Arlington County]


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The Orange Line Living and Keri Shull Team are hosting two Free Home Buyer Seminar events on March 19 and 21.

The events will have specialists on hand, including lenders and buyer agents, to give you an overview of the buying process. They have also partnered with special guest speaker Elysia Stobbe of NFM Lending to give tips on how to get the best mortgage. She will also be giving away her #1 Best Seller on Amazon “How To Get Approved for the Best Mortgage Without Sticking a Fork in Your Eye” to all attendees.


News

Home Values Jump 14 Percent — Arlington County saw a big bump in the sale price of homes, at least according to one data set from January. Long & Foster says the median price of a home sold in Arlington last month was $590,000, up 14 percent from one year prior. [WTOP]

Wakefield Boys Win Conference — The Wakefield High School boys varsity basketball team captured the Conference 13 championship on Saturday, after defeating Marshall 50-47. [Twitter, Twitter]


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It didn’t take long after the merger of two high-profile Realty firms into one powerhouse brokerage to become a dominating force in regional — particularly Arlington — real estate.

Last year Rosslyn-based Optimé Realty sold more volume in Northern Virginia — more than $220 million — than any other realty team combined, says Dan Lesniak, founder of Orange Line Living. That accounts for 369 homes bought and sold in the market with the Keri Shull Team, headed by prominent realtor Shull.


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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.MrArlington.com or calling 703-836-6116 today!

It’s been a wild ride to start 2016 for the stock market.


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