Arlington County and Alexandria are experiencing dramatic contractions in inventory. For the month of February, inventory was down 39 percent in Arlington from a year ago, for Alexandria 51 percent. This is a significant result of the “Amazon Effect” with homeowners waiting in anticipation for how much their home values will continue appreciating. With the rate at which new listings are outpacing active ones, desirable homes are finding buyers right when they hit the market. Read full article by clicking the image below >
‘Monstrous’ decline in homes for sale in Arlington, Alexandria