Have you painted fabric before?

Neither had we… till we heard of chalk paint!

A while back, pre-pandemic, we ruined a perfectly fine sofa in our guest room by trying to steam clean it. (Lesson learned.)

Before photo of the sofa

Long story short: the few water stains it had multiplied by the time we were done. It was such an eyesore, we covered it with sheets and pillows waiting for the day we could drag it out and take it to the dump.

Close up of water stains from steam cleaning

Fast-forward to one recent pandemic day, we came across videos of chalk paint being used to paint anything and everything – including fabric! (Just go to YouTube and search for “chalk paint fabric” and you’ll see what we’re talking about.)

There began our quest to restore the sofa.


Research Time…

We read and watched anything we could find on chalk paint and which was the best on fabric. Everyone had their own stories and suggestions for paint, but most recommended Annie Sloan brand paint.

Annie Sloan Chalk Paint

Finding the Paint…

Of course, this brand is not sold in paint stores or big box hardware warehouses, no. You have to find a stockist who… stocks it. Fortunately, there is one in Old Town Alexandria: Boxwood


Getting Started…

Eddie decided that diluting the paint with water was the way to go. After all, that was some of the advice online. Eddie was wrong. After two coats (of diluted paint), the sofa looked only a shade darker than when he started the process. The paint can was empty.


Trying Again…

Eddie went back to the Boxwood for another liter of paint, and searched for better online guidance. The painting resumed. One more coat. This time with undiluted paint. Then…


Eureka!

After the paint dried, it got a light sanding and waxing, and in a few days it was this fabulous blue comfort zone!

The sofa painted in Napoleonic Blue. The wall is painted in Barecelona Orange and Graphite. The pottery is painted in Pure White.

To complete the makeover, we painted the wall behind the sofa in Barcelona Orange and Graphite to contrast the Napoleonic Blue. 


Extras…

Why stop now? So we painted some pottery and the trunk-table, for good measure!

Trunk table is painted in Tilton.

Interested?

We’re happy to share more about our process and experience. Feel free to direct message us if you’re interested.

Back-to-School Tips

Though back-to-school season looks a little different this year, it’s still one of the best times of the year. 

Establishing a Sleep Schedule

Head back to school energized and focus with the help of a regimented sleep schedule. If your student has been pulling long hours soaking up the summer sun, start to slowly transition their bedtime to ensure they get their needed rest. Pro tip: Set your alarm clock a little earlier each day to help adjust for the return to school. 


Daily Routine

Now that you have established a sleep schedule, you can figure out a morning routine to prepare students for the day ahead. Determine what will be worn, what supplies will be needed, meal preparation, etc. When in doubt, create a checklist to help guide you through the day. 


Create a Workspace Whether your student will be e-learning or in-person, an organized workspace can help keep them stay focused and engaged. Provide them with the necessary supplies to help conquer their day! 


Meal Preparation 

Start the school year off with some great habits. From breakfast to dinner and every snack in between, try to plan out meals in advance to save time throughout the week. Here are some family-fun recipes that are great for the new school year! 


CDC’s Back to School Planning: Checklists to Guide Parents, Guardians, and Caregivers

For many families, back to school planning will look different this year than it has in previous years. These checklists are intended to help parents, guardians, and caregivers, plan and prepare for the upcoming school year. Read the checklists here

5 Trends That Signal Real Estate is Bouncing Back

While economic downturns typically aren’t good news for the real estate market, this is the first in American history to result in more people moving. This opportunity is transformative because unlike past cataclysmic events that have limited mobility, this one has increased it — and at Compass, we are helping our clients seize the opportunity. 

Even our colleagues based in one of the few markets experiencing uncharacteristic lulls know that activity will pick back up because of the way people are seeing the value of their home in a new light. Everyone is taking this time to reevaluate what they need in a home and in a community and for many, that’s resulting in a desire to move.

Here are 5 trends we’re seeing nationally that indicate the market is making a comeback.

1. Mortgage rates reached an all-time low in July, causing a spike in mortgage applications: finally dropping below 3% after weeks of speculation, rates settled around 2.87% bringing buyers out of the woodwork. There was a 33% increase in mortgage applications for the first week of July vs. this time last year. 


Source: Mortgage Bankers Association Index  
2. National home sale activity rebounded: Existing-home sales in June rebounded 20.7% month over month, the highest monthly increase ever recorded. 


Source: Wall Street Journal
3. Home prices are at all-time highs: Median existing-home prices grew 2.8% to hit an all-time high, for the 100th consecutive month, highlighting the opportune environment for sellers. 


Source: National Association of Realtors
4. Homes are selling at the fastest rate ever recorded: 20 average days on market before sale. 


Source: Inman
5. Homebuilder sentiment is at 72: Increasing by 14 points in July, the last time we had a yearly average as high as 72 was in 1999. 


Source: National Association of Homebuilders

If you’re interested in a more detailed look at how the market has been performing in your neighborhood, let us know! We’d be happy to provide you with our insight into the ever-changing real estate landscape.

LiveStream Open Houses

Livestream Open Houses – Sunday 7/26/2020

Tour these homes without leaving home.

520 N Street SW S216
Washington, DC

LiveStream Open House 
Sunday 7/26, 1-1:15pm


Southwest Waterfront
1 Bed | 1 Bath | $499,000

Want to be near all the waterfront excitement, but come home to a very special place? Make S216 your new address! A ONE OF A KIND redesigned one-bedroom co-op in one of Washington’s Best Addresses. This Harbour Square apartment has everything you’re looking for in your next home: open gourmet kitchen with ample prep areas, thoughtfully designed storage solutions, and a space-saving dining table built into the kitchen peninsula; a spacious living room with electric fireplace in decorative chimney breast. A glass barn door separates the public and private spaces. Have a spa day in the beautiful and luxurious bath with glass enclosed walk-in shower, porcelain tiling, and linen closet. The serene bedroom features a ceiling fan, walk-in closet, laundry and shoe closets. Situated in a tranquil tree court, S216 also offers a balcony overlooking the co-op’s Waterfront Walkway — one of the many beautiful spaces within the property. Other amenities include public rooftop terraces, green spaces with grilling and seating areas, a community/party room, indoor pool, fitness center, bike storage, guest parking, 24-hour gatehouse, security, in-house maintenance and much more. Pets allowed.

560 N Street SW N413
Washington, DC

LiveStream Open House 
Sunday, 7/26 1:30-1:45pm


Southwest Waterfront
1 Bedroom | 1 Bath | Den | Balcony $425,000

In beautiful SW Waterfront. N-413 offers a renovated kitchen with stainless appliances & granite counters, den/office/guest room, in-unit washer/dryer combo, large balcony, bath with tub shower, ample closet storage, hardwood floor and more.

Harbour Square co-op has indoor pool, gym, public roof terraces, 24-hour gatehouse, and onsite management. Pets allowed. Visitor parking available. Monthly rental parking. 

LiveStream Open Houses

Livestream Open Houses – Saturday 7/11/2020

811 4th Street Northwest, Unit 1103
Washington, DC

LiveStream Open House 
Saturday 7/11, 1-1:15pm


Mount Vernon Square
2 Bed | 2 Bath | Garage | $625,000

Light Filled 2 bedroom/2 bath + Garage Parking + Storage. Step into hallway foyer, leading to step-up lofted flex bedroom with partial wall that lets lots of natural light in. Guest bath with tub shower. Open kitchen/living/dining. Wall of windows with tranquil high-up eastern views. Spacious second bedroom is directly off living room separated by pocket door. Floor to ceiling windows with sliding doors that open to small balcony. Another full bath with walk in shower. Closets galore throughout. Maple flooring + carpeted bedrooms + ceramic bath tiles. Extra high ceilings with exposed AC ducts. In-unit Washer/Dryer. Gas cooking. Granite countertops. 

430 M Street SW, Unit N201
Washington, DC

LiveStream Open House 
Saturday 7/11, 2:00-2:15pm


Southwest Waterfront
Studio | 1 Bath | $265,000

This lovely studio co-op offers updates throughout. Ample and flexible living, dining and sleeping spaces. Storage galore. A spacious west-facing balcony extends your living space to enjoy the outdoors privately. Pets allowed

What the CARES Act Means For You

As we’re all dealing with the effects of COVID-19 on our lives, we want to share encouraging news: the government has approved the $2.2 trillion Coronavirus Aid, Relief and Economic Security (CARES) Act which will help millions of people in this critical time. Perhaps even you.

This sweeping legislation is unprecedented in the history of our nation and provides significant economic assistance to address the impact of COVID-19. The CARES Act is over 800 pages long, but here are some of the economic provisions most relevant for you.

What this means for you and your loved ones


If you’re eligible for a cash payment 
Most individuals earning less than $75,000 can expect a one-time cash payment of $1,200. Married couples would each receive a check and families would get $500 per child. That means a family of four earning less than $150,000 can expect $3,400.


If you or someone you know has lost a job
States will still continue to pay unemployment to people who qualify. This bill adds $600 per week from the federal government on top of whatever base amount a worker receives from the state. That boosted payment will last for four months. 


If you’re a small business owner

The bill provides $10 billion for grants of up to $10,000 to provide emergency funds for small businesses who qualify for the Economic Injury Disaster Loan to cover immediate operating costs,

There is $350 billion allocated for the Small Business Administration to provide loans of up to $10 million per business. Any portion of that loan used to maintain payroll, keep workers on the books, or pay for rent, mortgage and existing debt could be forgiven, provided workers stay employed through the end of June.

If you’re a freelancer or independent contractor
Typically, self-employed people, freelancers and contractors can’t apply for unemployment. This bill creates a new, temporary Pandemic Unemployment Assistance program that provides unemployment coverage through the end of the year to freelancers and independent contractors and also provides an additional $600 per week for 4 months in addition to regular state benefits.

If you’re a property/homeowner
Borrowers of federally-backed mortgage loans can request a loan forbearance on their payments (without penalties, fees, or interest) for at least 180 days. 

Multi-family borrowers may request a similar forbearance for up to 30 days. 

In addition, foreclosures on similar mortgage loans are prohibited for at least 60 days and evictions from properties related to several federal programs are also prohibited for a 120 day period. 


If you would like to learn more about all the contents in the CARES Act, please see this article.

Please do not hesitate to reach out should you have any questions, or if you would like to just chat.

Stay safe and healthy.

All the best,

Eddie and Steve


See Also:

13 steps to take if you’ve lost your job due to the coronavirus crisis on Bankrate.com

Virtual Open House

The health and well-being of our customers is our #1 priority. Making the move to a new home is one of the biggest decisions one will ever make. At Compass, we are working closely with our support teams to provide a personal virtual open house experience to everyone. While potential buyers may not be physically present for an open house or walkthrough, virtual open houses allow us to continue to provide you with best-in-class service during this time.

Virtual Open House

We have the ability to take a targeted audience on a digital journey through your premier properties. 

Through Virtual Tours, FaceTime and social media, we have been able to showcase the key features of your property to interested clientele. The Compass YouTube channel currently has 3.4M+ views. 

Tour These Virtual Open Houses

490 M Street SW W603
Southwest Waterfront
1 Bed | 1 Bath | Garage



560 N Street SW N413
Southwest Waterfront
1 Bed | Den | 1 Bath
Walk Through or Explore on Your Own



222 Farragut St NW 201
Petworth
1 Bed | 1 Bath

Worried About Making Your Mortgage Payment?

“To meet the needs of borrowers who may be impacted by the coronavirus, … Fannie Mae and Freddie Mac reminded mortgage servicers that hardship forbearance is an option for borrowers who are unable to make their monthly mortgage payment,” FHFA Director Mark Calabria said in a statement. “For borrowers that may be experiencing a hardship, I encourage you to reach out to your servicer.”

Read more: http://bit.ly/MortgageForbearance

Compass DMV Market Report

Interested in keeping track of your neighborhood’s real estate activity?

Check out 2019’s 4th Quarter Compass DMV Market Report!

Bringing you regional data four times a year, the Compass Market Report highlights some of the most bustling communities in DC, Maryland, and Virginia for residential activity, so you can stay up to date on market trends in the neighborhoods that you care about the most!