No Comments

What You Should Know About The Arlington Real Estate Market So Far In 2024

What You Should Know About The Arlington Real Estate Market So Far In 2024 by Meg Ross, Top Arlington Realtor in Northern Virginia

Arlington County, Virginia, consistently ranks as one of the most desirable places to live in the United States.

With our proximity to Washington, D.C., and excellent schools, it’s no surprise the real estate market here is highly competitive.

But what’s in store for Arlington homebuyers in 2024, especially considering last year’s real estate market and fluctuating interest rates?

Let’s explore the answers together

Read more

No Comments

Navigating Fluctuating Mortgage Interest Rates in 2023: 7 Tips For Arlington Homebuyers

Navigating Fluctuating Mortgage Interest Rates in 2023: 7 Tips For Arlington Homebuyers

Potential homebuyers in Northern Virginia are facing a unique set of challenges in 2023.

One of the most significant factors is the fluctuating interest rates for mortgages, which have been rising.

In this blog post, I’ll delve into the reasons behind the increasing interest rates and offer tips for homeowners-to-be in planning their mortgage financing in this dynamic environment.
Read more

No Comments

Arlington Housing Market Stayed Strong In 2020 With Prices Up 10.5%

2020 Arlington Housing Market Stats

While the Coronavirus pandemic upended life in 2020, it did not impact the Arlington, VA, real estate market as much as expected.

The Arlington County housing market remained strong with the number of homes sold in 2020 remaining steady while the average home sales price increased 10.5 percent compared to 2019.

One notable change was the shift to home buyers moving away from purchasing condominiums and instead to buying townhomes as people looked for more space to accommodate home schooling and home offices.

Now, let’s take a little deeper dive into the 2020 housing market numbers:

Arlington County Home Sales Overall Were Flat In 2020

Read more

No Comments

Arlington, VA, housing market remains healthy with prices up but less homes for sale

Arlington VA April 2020 Real Estate Statistics

The question I am asked the most recently: How has the coronavirus pandemic impacted the local real estate market? The answer is that the Arlington, VA, housing market remains healthy with prices up but less homes for sale in April. While it has slowed, people are still continuing to buy and sell homes.

Number Of Homes For Sale Down 18%

Compared to April 2019 the number of homes coming on the market and going under contract in Arlington in April 2020 is down:
* Homes listed for sale fell 18% (279 vs 341).
* Homes under contract tumbled 35% (191 vs 294).
Read more