ThisĀ announcementĀ and project has been a long time in the making, and I’m very excited to share the upcoming changes provided by our local Multiple Listing Service, MRIS (for a detailed explanation of what that means, read “What Does MLS Stand For?“). Beginning next week, MRIS has teamed up with the National Association of Realtors(R) (NAR) [...]
Posts Tagged ‘arlington real estate news’
Has the Arlington Real Estate Market Recovered from the Recession?
September 8th, 2011
Laura Sources say: yes. On August 1st I did a post on the Arlington Condo market and the steady gains we have seen since our bottom in 2009. Well now the numbers point to a total recovery for the Arlington market as a whole. In fact, average prices are back to about 96% of the averages [...]
Arlington Real Estate Prices Up 5.3% From June 2010
July 14th, 2011
Laura As the Arlington market continues to show growth, median sales prices rose 5.3% over June 2010. Inventory was up 7.89% over June 2010, while average days on the market fell to 42, and properties sold at an average of 96.4% of original list price. For the month, 253 properties sold, of which 5 were foreclosures [...]
The First Time Home Buyer Tax Credit…A Year Later
May 11th, 2011
Laura It occurred to me a few days ago that this year is vastly different in shape, feel, and speed than last year. The market is hugely different in how many properties are pending, price ranges selling, speed of sales, and how many players are in the field at one time (meaning buyers and sellers). Then [...]
Arlington Real Estate Tax Rate Unchanged for FY 2012
April 15th, 2011
Laura The proposed FY 2012 Arlington County budget has no increase for the property tax rate for the county. The current tax rate: 95.8 cents per $100 assessed value will remain the same for 2011. The proposed budget is expected to be formally adopted on April 16th, 2011 at board meeting that you can watch live, [...]
Washington DC Metro Area Makes Headlines – How This Impacts Your Real Estate Market
March 24th, 2011
Laura Men’s Health Magazine did a profile in the March edition of the most Socially Networked Cities across the USA…DC Ranked #1. The rankings were calculated as a measure of per capita engagement on sites like Facebook, LinkedIn, Twitter, blogs, etc. DC got an overall ranking of an A+ What Does That Mean For Your Real [...]
Inventory Is Down Again, Houses Fly Off The Market
March 22nd, 2011
Laura It’s true among most of Northern Virginia and especially true in Arlington – about 1/3 of the properties that hit the market are sold in the first week, many times with multiple offers. So far in March we’ve had 22 sales in Arlington sell at or above list, from the total 99 sales. With another [...]
Prices Up (Almost) Across the Board for February 2011 in Arlington
March 11th, 2011
Laura February, while short in days, was long enough to show a strengthening real estate market in Arlington County. There were 137 sales during the month, of 52 sold in 30 days or less, and 18 of the 137 were either short sales or foreclosures (9 each, accounting for 13.1% – one of the highest months [...]
New Construction in Clarendon: Lyon Pointe Condominium
March 7th, 2011
Laura Located along 2702 Lee Highway, Arlington, VA 22201 in Lyon Village, just 0.6 miles from the Clarendon Metro will be future home of Lyon Pointe Condominium. The site will be breaking ground shortly and will take about 12 months, according to developer, EllisDale Construction and Development; expected delivery will be early 2012. The condo project [...]
Featured in A Recent Washington Examiner Post on FHA Financing
February 28th, 2011
Laura Last week the Washington Examiner did a post called “FHA sends potential buyers through hoops to get financing for condos.” If you’ve read any of my recent blog posts on FHA Financing, you know i’m not a fan of their constant regulation changes, so it’s no surprise i’m quoted in this article: Laura J. Rubinchuk, [...]
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