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Welcome to New Homes, a biweekly column highlighting the new construction real estate market, written by Conor Sullivan and Dave Moya of Three Stones Residential at Keller Williams Realty. We are here to share our experience and expertise in lot acquisition, financing and construction of custom homes. 

It has been 13 months since Amazon made their announcement that they had selected Arlington as the location for its second headquarters, or HQ2. The impact that this has had on Arlington County and Northern Virginia as a whole has been felt by all in the housing market.


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Home Sale Prices Near HQ2 Drop — “Home prices in the neighborhoods where Amazon.com Inc. is setting up its second headquarters dipped to below pre-HQ2 prices for the first time since the company made the announcement just over a year ago. The median sale price for [the 22202 ZIP code] was $507,500 — a 12% drop from median prices in November 2018.” [Washington Business Journal, Twitter]

HQ2 May Help Balance Local Dating Scene — “For every 100 single, college-educated individuals in the Washington area, women outnumber men 53-47. And single women with college degrees are coming here at a faster clip than men in the same demographic, census data show… could Amazon’s expansion into Arlington import enough men to give some local women a statistically better shot at love?” [WAMU]


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Lessons Learned from Amazon in Seattle — A local real estate agent traveled to Seattle to learn what Arlington can expect from Amazon’s arrival. Among the things Arlington might see, as Seattle did: a “restaurant boom” with lots of new eateries opening, and big property price increases over the course of several years. [NBC 4]

County May Extend Signature’s Annex Lease — The Arlington County Board this weekend is set to consider renewing Signature Theatre’s lease for the county-owned building at 3806 S. Four Mile Run Drive through 2032. The theater uses the building “for set, costume, and prop fabrication and storage and for general office purposes in connection with Signature’s stage productions at 4200 Campbell Avenue in Shirlington Village.” [Arlington County]


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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 Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.


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

Question: We are looking forward to buying our first home in 2020. Do you have any recommendations on how we should start the home buying process?


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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.”

What a difference a year makes. While Arlington’s real estate market is still healthy, it’s not robust. With so much demand for housing in Arlington, you’d think buyers would be more active ratifying contracts. But they’re not, and it’s puzzling as to why.


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 Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!

Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.


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