Arlington real estate
Arlington had its origins in the establishment of a small town called Alexandria around 1750. It came up around the Hunting Creek warehouse and soon expanded, centered around Birchs Balls Crossroad with Alexandria, the Falls Church, the Falls Warehouse and Aubreys Ferry (connecting to Georgetown) forming the corners. Initially a transit point for traders and settlers further to the West, the present Arlington area soon attracted a large number of permanent settlers during the 18th century. The name was officially changed from Alexandria to Arlington to avoid confusing Alexandria County with Alexandria City.
The county started growing during the 1920s. The small neighborhoods within the county began to expand and merge with one another. Infrastructural development became organized. The need for rapid commuting led to the setting up an efficient transport system. As more areas were merged into the expanding urban area, the population also grew rapidly. The 1930s and 1940s saw further rapid expansion, mainly due to the need for space and manpower around Washington D.C during the period of the Second World War. The civic authorities in Arlington were quick to adapt to the rapidly changing situation and developed all necessary amenities for the growing city. Housing, roads, water, transport, schools, hospitals, public health, security, libraries, recreation, parks, and other necessary services were made available.
Arlington Real Estate
Arlington has often been called a collection of urban villages. They have become very attractive residential areas with all necessary modern amenities including commercial, cultural and recreational establishments. The standard of education is very high and there are plenty of employment opportunities. The city?s vibrant ambiance is enhanced by the harmonious blending of its different ethnic and racial cultures. Residents and visitors mingle freely without any inhibition. This attracts investors in residential and commercial real estate.
Localities and Agents
Depending on the size and location, prices of 2, 3 and 4 bedroom homes around Vernon Street, Longfellow Street, Crystal Drive, 11th Rd, 22nd Rd, 19th St, 26th PL, Kenilworth St, Utah St, and Fort Scott Drive range between $700,000 and $750,000. Prices of single family units in Arlington range from $575,000 to $600,000. Smaller units, ranging from 300sq/ft to 500sq/ft, can be had much cheaper. The standard rates are about $350 to$370 per sq/ft. Lots remain on the market for between 40 to 45 days. Market analysts observe that a few sellers are becoming more inclined to reduce asking prices to conclude a sale, but there is an increase of over 15% in April sales figures compared to last year. This is in spite of an overall decline in the whole region of over 10% for the last 12 months.
There are many proficient real agents capable of handling sales and purchase of real estate in Arlington. Most have their websites listed on the internet. They can provide all information and assistance concerning real estate matters, including fair prices, loans, interest rates, mortgages, etc. Some of the main agents include: Long & Foster Realtors, Clay & Kathie KimeRealtyMetricsTM Realtors, David RaineyYour At Home Team, Bobbie HarrisRe/Max MountainView, Sarah Santa AnaMove4Free Realty LLC, Samson Realty,
Conclusion
There is little doubt that Arlington has become a much sought after place for residences. The standard of living and quality of life are high, and gainful employment opportunity is abundant. Most of the neighborhoods have clean, tree-lined streets. Fashionable new localities blend into the traditional areas. It is easily accessible from downtown Washington D.C. and also several major highways. The proximity of famous institutions and places like the Pentagon, the Defense Department Advanced Research Projects Agency, the Arlington National Cemetery, the Air Force Memorial, etc. add considerably to real estate values in the area. Prospective investors should take advantage of the present situation and enter the market fast.
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