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Home Prices In Arlington To Rise 17.2 percent By The End Of 2019

June 17, 2019June 17, 2019Charity W.

Home prices in Arlington are not about to go down any time soon. This is according to a report released by the Northern Virginia Association of Realtors which projected home price appreciation in Arlington County this year to spike to 17.2% by the end of 2019.

Arlington County Board Approves Backyard Cottages

May 21, 2019May 21, 2019Charity W.

If you have been mulling over the idea of building a cottage in the backyard of your property in Arlington, then you have a reason to smile. This is because of the unanimous vote from the County Board, which allowed backyard cottages.

Top View of detached accessory dwelling units(via Arlington County)

7 Reasons You Should Own A Home in Arlington

April 15, 2019April 15, 2019Charity W.

Tax benefits. By owning a home in Arlington, you will be able to enjoy the U.S. Tax Code that lets you deduct the interest you pay on your mortgage. You will also get a reduction on your property taxes and some of the costs involved in buying a home Arlington. Appreciation of home value in Arlington. It is a historically proven fact that real estate in Arlinton, has had a long-term, stable growth in value. In fact, the National Association of REALTORS® has established that the sales value of median single-family existing-homes has increased on an average of 5.2 percent each year from 1972 through 2014 . Even with the recent housing crisis, the value of homes in Arlington has still increased in value of up to 7.0 percent on a cumulative basis in the recent 10 years. Also, with the rising number of households in the U.S, the demand for housing in Arlington is expected to rise to about 10 to 15 percent over the next decade. Equity for a home in Arlington. By owning a home, you will no longer have to give away your hard earned money through rent payment. Instead, you will be able to build your equity ownership interest in your Arlington home through mortgage payments. It allows you to Save Building equity in your Arlington home is a ready-made savings plan. If for some reason you decide to sell your Arlington home, you can generally take up to $250,000 ($500,000 for a married couple) as profit without owing any federal income tax. Payments are Predictable Your landlord can wake up one day and decide to increase your rent. But, your Arlington home fixed-rate mortgage payments don’t rise over the years. This means that your housing costs in Arlinton may actually decline as you own the home longer. However, remember that property taxes and insurance costs will likely increase. Freedom to Decorate and Upgrade your home in Arlington. The home is yours. You are free to decorate any way you like and instal the latest types of upgrades and amenities that suit your lifestyle. Stability for your Family Staying in the same neighborhood for several years allows you and your family time to build long-lasting relationships within the community. You children are also able to benefit from educational and social continuity.

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Why Arlington County is the Best Place to Reside.

April 13, 2019April 13, 2019Goodness P.

Arlington County is a vibrant, small self-governing county in the Commonwealth of Virginia, United States. Arlington has a land area of approximately 26 square miles with a population of around 234,965(2017). Arlington is located in Northern Virginia on the southwestern bank of the Potomac River, directly across the District of Columbia. The close proximity of Arlington to downtown Washington D.C makes it home to many important government institutions such as the Pentagon, Reagan National Airport, and Arlington National Cemetery. Arlington has the lowest unemployment rates of any place in Virginia. Major employers at Arlington include the federal, state or local government, and various companies such as Accenture and Deloitte. Getting around in Arlington is quite easy and effective. The Arlington Transit is a bus transit system which operates within the Arlington County and connects to Metrobus, and nearby Metrorail stations and local bus systems. Arlington is also a very good place to raise a family. In fact, the 2007 issue of Forbes magazine named Arlington as one of the best places in the nation to educate one’s child. Arlington’s public school systems operate through the county’s K-12 education system with 22 elementary schools, 5 middle schools, and 3 public schools. Arlington received the 2002 EPA National Award for Overall Excellence in Smart Growth. Arlington has great residential neighborhoods with affordable housing units and large golden-style apartments complexes that are listed as historic places by the National Register.