Falling Demand for Condos in Arlington

Falling Demand for Condos in Arlington
Despite Plan Lee Hwy’s insistence that LV should be bulldozed for condos, the market says the opposite. Realtor, Eli Tucker, writes:
“Given the tremendous appreciation we’ve seen locally and nationally on prices for single-family homes and townhouses, the mostly unchanged values of condos in Arlington highlights how much the condo market has struggled… There is clearly a flight out of condos by homeowners and investors, and the demand is not high enough to absorb the extra supply, so inventory levels have returned to 2015-2016 levels…” ARLnow