Contract Writing Surges in Arlington County – January Week 2
January 21st, 2009 Categories: Arlington Dirt, Market Stats
Hello all – what a day yesterday was! The area is certainly a-buzz with Inauguration fever… but in the days leading up to yesterday, contract writing was a-buzz!
In 2009, Week 2, a whopping 41 contracts were ratified – that’s the most in any single week for the past 2 months and a 25% increase over last year’s 31. I can’t say that we will stay 25% ahead of last year, but it was a good week, that’s for certain. I do believe that these extra low interest rates are helping – and we’re starting to see a few great properties come on that are priced well.
So stay tuned – this week isn’t looking quite as strong, but with the MLK holiday as well as the Presidential Inauguration, our focus might have been elsewhere!
Have a great week
Happy Wednesday
Jennifer
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