Arlington Update

While many folks may be going away for the long weekend, there are 15 new listings in Arlington to look at! A number of good quality listings have hit the market this week. If you need help let me know! Mark 617-974-9275

Go Sox!!

We’ve listed 2 properties this weekend. The first is a charming fixer upper in the Arlmont section of Arlington (it is on the Belmont side of route 2) This 3 bedroom Cape has been in the same family for the past 40 years. Located in a quiet neighborhood, 38 Standish Road will be open Sunday from 12-2pm. Hope to see you there!

We also listed a Commercial property in Winchester. This retail/ office space is located at 14 Skillings Road across the street from the Stop & Shop. This property can be used for many types of businesses and could also be developed into a multi-unit building.

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We are at the midpoint of the Spring market. Below is an On the Market Snapshot comparing last years inventory levels to this years. As you can see there is quite a difference;

Single Family Homes Condominiums Multi-family

2007—2008—2007—2008—2007—2008

67          48 -28% 84       73 -13% 30           13 -56%

These numbers are for sales volume (how many houses are on the market) Because we are in a supply and demand business this is important. The tight inventory translates into a solid foundation for home prices in Arlington. This bears out as we experience multiple offers and very busy open houses. Happy Buying and Selling! MFL