I think for sure the value of the respective properties in Arlington,Va will continue hold their value. There are some great plans slated for Arlington and they are happening as we speak. The best is still yet to come for this beautiful area of Virginia. It has the great erban life, great jobs, close to Georgetown and metro, etc... If you are planning to purchase in this neighborhood you will not be disappointed.
In my personal opinion having grown up in the DC area and having sold real estate in Arlington, values staying steady will easily happen in Arlington. Babyboomers do make up a large portion of the population and cost of living in Arlington and the rest of the DC area is high compared to the rest of the country, but you can't beat the location in Arlington and I don't see a huge migration all at once.
There are also a lot of young professionals who are eager to buy in Arlington. Right now there is a revitalization project occurring in South Arlington which will help to maintain and increase values. The demographics say to me that North Arlington zip codes will continue to lead the county with better schools and higher median incomes, but South Arlington will improve and will continue to be a great transitional area for young professionals and small families.
Being close to the Metro and a short drive into DC will always have value.
I have perform many valuations in arlington. The property values have been stable in many areas in the last six months. Compared to other areas such as prince william county and prince george's county they great differ in property depreciation over a six month term.
Buying or Purchasing investment property in arlington would be still an appreciation strategy if purchasing at today's current market value. If you are a homebuyer and you are looking for the value of your property to either not decrease or to increase then arlington would be a safer bet than other neighborhood.
I hope this helps answer your questions.
Buying and selling always depends on interest rates and money. Right now it's great. It's a great time to sell and buy!! We are getting multiple contracts and well qualified buyers walking in to make purchases. Get with a good agent and move on it while the market is good. Who knows what it will bring later on.
Even right now, more inventory would be moving if the loan standards were not so high for Jumbo mortgages. What I did not mention above, is that today's buyers have much higher expectations for what a home offers, and many neighborhoods in Arlington present an unique opportunity to level the current home (a minimal portion of the total value) and build to suit on the site. I love the look of these older, more mature neighborhoods, but the reality is they homes are small, with very small bedrooms, and often only one bathroom. The next generation, heck the current generation, of homeowner is not going to be satisfied with that product.