New year, new beginnings! While 2020 challenged us in ways we never expected, it has also proven that while physically separated, we are still stronger in unity. The COVID-19 pandemic has helped build connections and broken barriers across many communities - something our world needs now more than ever.
Throughout the last year, Fine Nest saw saw some incredible and heartwarming shows of strength across Northern Virginia. From front-line workers whom we had the honor of helping buy or list a home while they were taking care of the community, to our trusted vendors who adapted their business protocols to meet the needs of their clients and fellow business partners. It’s been an inspiration to see so many acts of kindness both big and small.
As we settle into 2021, Fine Nest's resolution is to continue perfecting our work of helping Northern Virginian's (both old and new) enter the Real Estate market feeling confident that their being guided by knowledgeable professionals.
2021, BRING. IT. ON!
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
January Market Metrics Report
It's no surprise at this point that the current Real Estate Market has been continually holding out unseasonably strong. Month over Month metrics show a small but steady decline of new listings, pending listings, and closings across the board, but don't let that fool you into thinking the current sellers market is coming to an end. Fine Nest listings are still getting offers in 2-6 days, and some buyers are still waving contingencies in order to get their offers accepted. Year over Year metrics are also still ~30%-50% lower than the current market, and many Real Estate/financial experts don't see these numbers decreasing anytime soon.
Additionally, loan experts have seen an increase in building permits over the 2020 year, and anticipate building permits to increase by 13% in 2021. If these projections are correct, we can anticipate more inventory to appear closer to end of 2021/ beginning of 2022.
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.
Biden Assembling Multitrillion-dollar Stimulus Plan with Checks, Unemployment aid
President-elect Joe Biden said Friday he is assembling a multitrillion-dollar relief package that would boost stimulus payments for Americans to $2,000, extend unemployment insurance and send billions of dollars in aid to city and state governments, moving swiftly to address the nation’s deteriorating economic condition and the rampaging pandemic.
The package includes more than $400 billion to combat the pandemic directly, including money to accelerate vaccine deployment and to safely reopen most schools within 100 days. Another $350 billion would help state and local governments bridge budget shortfalls, while the plan would also include $1,400 direct payments to individuals, more generous unemployment benefits, federally mandated paid leave for workers and large subsidies for child care costs.
For up to date COVID-19 info from Fairfax County...text FFXCOVID to 888777.
January Home Check-List
January may be cold and dark, but it can also be a time for bold beginnings. Make the most of your month by clearing space in your home, boosting warmth and dreaming up plans for the year ahead! Here is a list of some to-do's to give your home a little midwinter TLC.
Marie Kondo your closets, pantries, and other problem areas by taking the time to organize and prioritize everything you really need for your family dynamic
If you haven't already, take the time to insulate any exposed outdoor pipes
Winter taking a tole on your indoor plants? It might be the humidity in your home. Click here on how to best care for your plants during colder months
Take the time to mindfully organize and store your holiday decorations in a way that will set you up for success when the next holiday season arrives
Give in to the urge to hibernate.In winter, it’s natural to want to spend extra time at home, just relaxing. Make yourself a haven for snuggling up to watch a movie or read. Layer on warming textiles, pour some hot tea or make cocoa, and settle in.
January 2021 Activates
Enjoy learning by joining in these fun and educational January 2021 events! Fun for both children and adults!
2021 Martin Luther King Jr. Virtual Celebration day(s)