There is a disconnect happening in the market today. With all of the news reports being glum one would expect that in Arlington things are bad. That is not true, in fact, this past week 13 properties have gone under agreement with the average days on market decreasing from last year at the same time.  When days on market decrease that means that properties are selling faster and sellers are able to maintain their pricing better.

I am surprised by the activity this week having received calls from potential buyers asking when more property will come on the market. The increase may be due to the perception that when the Fed lowers interest rates that means that mortgage rates go down (there is no connection between the two) and that money may be cheaper (it is!)  MFL