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The market continues to strengthen as we start 2011 here in Arlington County. January started off strong with a 7.5% increase in median sales price, while inventory dropped 27.5% and days on the market increased by 12 to 79. There were 131 properties sold, of which 4 were short sales and 8 were bank-owned, accounting [...]
Posts Tagged ‘arlington real estate news’
Habitat For Humanity Building Perry Hall Condominiums
February 9th, 2011 
Laura Thanks for the tip from Under One Roof, Habitat For Humanity of Northern Virginia is building in Arlington again after 10 years. The last project in Arlington was a tow of 8 duplexes located at S Kenmore/S Glebe Road in 2000. The new project by the Habitat for Humanity of Northern VA named Perry Hall [...]
Posted in Arlington 
Tags: arlington real estate news, habitat for humanity, New Construction 
1 Comment »Arlington Mill Community Center Construction Update
February 8th, 2011 Laura Beginning in the next few weeks, demolition and construction will begin on the Arlington Mill Community Center renovation project. Originally approved by the County Board in 2008 to include a mixed-use building with a new community center, gymnasium, retail space, residential units, as well as, a separate residential building with an affordable housing component. The [...]
December 2010 Real Estate Sales in Arlington Show 50% Decrease in Foreclosures and Short Sale
January 13th, 2011 Laura December 2010 marked the end of the 2010 calendar year, wrapping up another year in real estate. This post will focus on December for the month, not a year-end review (which will be coming later). For the month, 206 properties sold, of which 4 were short sales and 10 were bank-owned, accounting for 6.8% nearly [...]
Posted in Arlington Tags: arlington real estate news, december 2010, market statistics No Comments »Things That Contribute to Pricing Stability in Arlington: Our Unemployment Rate is the Lowest in Virginia
January 6th, 2011 Laura What’s one of the leading causes of a recession and market crashes? Unemployment and job losses. So why is the Arlington market (and DC metro as a whole) still so strong? The National unemployment rate in November 2010 was 9.3%, Arlington is just 3.8%. The Sun Gazette reported on Tuesday that: With 133,809 county residents [...]
Posted in Arlington Tags: arlington county, arlington local business, arlington real estate news No Comments »Top 10 Posts on Arlington Real Estate News in 2010
December 23rd, 2010 Laura Here’s a list of the Top 10 Most Read Posts from 2010: 1. New Construction in Clarendon – The Waverly and Garfield Park Read the updated version of Garfield Park at Clarendon Village 2. New Construction in Arlington, VA: Ballston 3. Saying Goodbye to McMansions: What You’ll Save 4. I’m in Love With Northside Social [...]
Posted in Arlington, Keller Williams Realty Tags: arlington real estate news, top 10 posts No Comments »How Will the National Foreclosure Freezes from Big Banks Affect the Arlington Real Estate Market?
October 14th, 2010 Laura A quick ‘n dirty high-level overview of what’s happening: What’s the Problem: Some of the major banks admit to “robo-signing” on foreclosures, meaning employees weren’t actually reviewing files to check for accuracy in foreclosure proceedings. Not having the right paperwork in order means they don’t actually have the right to foreclose. As a result, states [...]
Clarendon-Courthouse Real Estate Market Update for September 2010
October 13th, 2010 Laura September is usually one of the peak months for the real estate cycle in a year, the others being Spring months. So with interest rates steady in the 4% range, how did prices fare? A total of 39 units sold, keeping steady with the number sold in 2009. Of the 39 sold, 20 sold in [...]
Posted in Arlington Tags: 22201, arlington real estate, arlington real estate news, clarendon, courthouse, market statistics No Comments »Arlington Real Estate Prices Up Almost 10% from 2009
August 13th, 2010 Laura Following a strong June, where prices climbed nearly 13%, July saw a double digit increase as well – nearly 10% over July 2009. Average sales prices rose 9.81% and days on the market (DOM) were cut by 17%. Real estate in Arlington continues to sell faster and for more. Of the 221 sales this past [...]
Posted in Arlington, Keller Williams Realty Tags: arlington real estate news, market statistics 1 Comment »The Real Estate Market Has Seasons
June 7th, 2010 Laura Did you know that there are “seasons” to the real estate market? We have cycles, just like teachers have summer vacations, coaches have seasons, and CPAs have tax crunch! Real estate activity goes up and down throughout the year with weather, holidays, school, job transfers, and so many other factors. Check out this chart from [...]
Posted in Arlington, Keller Williams Realty Tags: arlington real estate news, buying, real estate seasons, selling 4 Comments »
