FINE NEST MAY 2021 NEWSLETTER

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April showers have definitely brought in those beautiful May flowers! Did you know that May is actually named after the Greek Goddess Maia? Goddess of springtime and warmth, Maia is said to encourage plant growth by using her gentle heart to coerce plants into full bloom. As we enjoy the fruits of Maia's flowery creations, we can all look forward to the plethora of events that accompany the warmer weather and colorful scenery of the season.    Fine Nest gladly provides the most up-to-date real estate information, along with COVID-19 updates, and other resources we hope are useful to assist you and your loved ones continue navigating this unusual time.  The Latest News May Market Metrics Report     We've finally reached one year since the pandemic really started to effect the real estate market. April statistics Year over Year (YOY) show a large increase in inventory, closings, and sold prices across the board. However, don't let those numbers fool you. The pandemic data has created a false sense of increased inventory for the 2021 year given 2020's even lower inventory numbers. Today, we are still riding the rough waves of a sellers market with nationwide inventory at 53% lower than it was in early 2020 according to data statistics from Realtor.com. This means that buyers are working with over 50% fewer houses on the market from which to choose, while sellers are selling at much higher prices (Up 17.2%!) due to massive demand. Fine Nest still encourages home owners looking to sell their homes to take advantage of this competitive market and obtain the best value on their homes. Buyers are still encouraged to take advantage of the lower interest rates before they go up again. The competition remains extreme and it is recommended buyers should anticipate potentially placing multiple offers to purchase their dream home or simply wait until the market evens out.  CDC's Eviction Moratorium Revoked Earlier this month, a federal judge in the District of Columbia struck down the nationwide moratorium on evictions that was imposed during the Trump administration and later extended by the Biden administration into June 30, 2021. While the Justice Department has already filed an appeal to this motion and a temporary stop has been issues, it is unclear how the ruling will affect the real estate market overall. Read more about it HERE COVID-19 Vaccine Distribution A quarter of US states, including Virginia and Maryland, have now successfully vaccinated 50% or more of their residents with the COVID-19 vaccine. Go VA & MD!  Not signed up to get a vaccine yet? find out how to sign up in your state HERE Farmers Markets are Back!  Many VA and MD farmers markets are back in operation after having suspended operations due to the pandemic. Find out which locations are operating near you! Northern Virginia Farmers Markets Arlington Farmers Market Crystal City Farmers Market West End Farmers Market (Alexandria) Reston Farmers Market McLean Farmers Market Leesburg Farmers Market Manassas Farmers Market See the Full VA Farmers Market list HERE Maryland Farmers Markets Bethesda Central Farm Market Baltimore Farmers Market and Bazaar Takoma Park Farmers Market Bowie Farmers Market See the Full MD Farmers Market List HERE Memorial Day Weekend Outdoor Activates  Spend your Memorial Day weekend enjoying everything NOVA/MD have to offer! Viva Vienna! Festival  May 29 - May 31   Enjoy a family & friends outing at the Viva Vienna Festival with food, rides, crafting, vendors, and more! Reserve your tickets ahead of time HERE Strawberry Jubilee at Great Country Farms, Bluemont, VA May 29, 30, & 31 Get your hand dirty picking some summer sweet strawberries at Great Country Farms! Register for tickets HERE Rolling to Remember (formerly Ride of the Patriots®) May 29-May30 Known as the largest single-day motorcycle event in the world, consider joining in on this fun commemoratory event by taking your motorcycle out for cause. If you have one of course  See the event Itinerary HERE Some Virginia & Maryland Water Parks are opening back up!   Virginia Water Parks  Maryland Water Parks view this email in your browser Copyright © *|CURRENT_YEAR|* *|LIST:COMPANY|*, All rights reserved. *|IFNOT:ARCHIVE_PAGE|* *|LIST:DESCRIPTION|* Our mailing address is: Kelly Martinez of Coldwell Banker Realty 2070 Chain Bridge Road, Suite 103, Vienna VA 22182 Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. *|IF:REWARDS|* *|HTML:REWARDS|* *|END:IF|*