FINE NEST FEBRUARY 2021 NEWSLETTER

2/8/2021

Ah, February. A month known for bringing in the last of winter's heavy snow, Black History month, a tribute to romance, and an appreciation for our current and past Presidents. However, for business's like Fine Nest, February is a month of rapid preparations for the spring and summer Real Estate markets. Like a massive migration, around 30-40 Million American's move to a new dwelling each year. 80% of these moves occur between April and September. With such demand, agents prepare for the spring market by studying past and present market trends, comparing future market projections, and of course, plenty of prospecting with new clients, existing clients, lenders, builders, and investors. With these combined efforts, agents on the Fine Nest team are 100% prepared to answer your Real Este questions and address your Real Estate Needs.

Fine Nest is here to bring you the most recent Real Estate news updates, COVID-19 updates, and other resources we think you'll find useful to help get you and your family through the pandemic.

The Latest News

February Market Metrics Report

This year, the Northern Virginia spring/summer market projections anticipate the 2020 sellers market to continue full throttle into 2021. Low inventory has lead to buyer offers getting more competitive than ever. Fine Nest's listings alone have gotten up to 16 offers on one home! New construction has also become a focus for many buyers, with mortgage companies projecting a 13% increase in new construction loan distributions in 2021.

While these market projections can be interpreted as favorable, the 2021 market is like a double edged sword. Many American's are currently facing eviction and homelessness primarily due to job looses caused by the Coronavirus pandemic. However, with the new presidential administration, citizens can anticipate more relief funds and Coronavirus aid in the coming months.
See "Coronavirus Relief Bill" article below for more information.

Fine Nest still encourages home owners looking to sell their homes to take advantage of this competitive market, and get the best value on their homes. Buyers are still encouraged to take advantage of the low interest rates.

House vote unlocks partisan path for Biden coronavirus relief bill

House Democrats voted Wednesday (2/3/2021) to set the stage for party-line approval of President Biden’s $1.9 trillion coronavirus relief bill.

Biden’s plan includes an array of proposals including $1,400 stimulus checks, $3,600 per child tax credit, an increase in and extension of unemployment benefits that are set to expire in mid-March, an increase in the federal minimum wage to $15 an hour, about $350 billion for cities and states, around $130 billion for schools, and $160 billion for vaccines, testing and other help for the health-care system.

Don't want to leave your house for Valentines day? No Problem!

Check out these local bakeries that offer Chocolate Bombs for anyone to enjoy in the comfort of their home!

River Sea Chocolates

Chantilly, VA
Website

Del Ray Cookie Company

Alexandria, VA
Website

Three Peas in a Pod Cupcakery

Manassas, VA
Website

Find more Locations HERE

Get an Early Start on Spring Cleaning!

Get a head start on Spring Cleaning by tackling the items or areas of your home we tend to forget need regular maintenance:

Rotate your Mattress: Keep the wear on your mattress even by rotating it every few weeks
Donate what you're no longer using
Dust all the baseboards in your home
Clean Entryway Floor: Road salt and melting snow can mean entryway floors take a beating. Pick up clutter and give the floors a good mopping.
Clear out your Freezer & Pantry: Get rid of those soon-to-expire food items and make something delicious for you and your family.
Clear out your Dryer Vents (and check for blockages outside): A buildup of lint can lead to fires if not maintained regularly enough
AC Season is coming up: Make sure your AC unit is free of debris before the warmer months roll in to avoid last minute calls to the HVAC professionals

Valentines Day 2021 Activates

Love is in the air! Whether you're single or in a relationship, these COVID-19 friendly valentines day activities can be spent with anyone special in your life.

Valentine's Day Drive-In Movies at the Boro Tysons

$25 per Vehicle
Feb 12 - Feb 14
Complimentary Hot Chocolate and Sweet Treats provided by Paris Baguette!
Book Online: https://www.eventbrite.com/e/sold-out-drive-in-movies-at-the-boro-tysons-valentines-day-edition-tickets-137616078395

Valentine's Horse Drawn Wagon Ride for Couples OR for Families in Herndon

Frying Pan Farm Park
Couples: Feb 13th from 1:00PM OR 2:00PM
Families: Feb 14th - every half-hour starting at 12:00PM
Celebrate your Valentine with a horse-drawn wagon ride around the park!
Register for Two
Register for Family Ride