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| VOLUME | FEBRUARY | VOLUME7 9 | JANUARY 2023 2023 VOLUME 5 I ISSUE 5
www.localumbrellanews.com www.localumbrellanews.com
LO C A L L I F E S T Y L E P U B L I C AT I O N
Meet New your Year Neighbor Happy 2023
Megan’ Megan’ssMessage Message The 6 reasons why Compass CEO Robert CHEERS TO NEW BEGINNINGS… Reffkin believes Q4 of 2022 was the bottom of Happy the New Year, Ken-Tal! 2022 holiday seasoncycle… was full of much recent realTheestate market
Vira Ustianska of Kensington
Holiday Toy Drive organized by Megan Beauvais & Associates Meet Vira Ustianska, one of Kensington’s newest and most welcome
neighbors! Vira was born and raised in Zaporizhzhia, a city in Our Ken Tal Holiday Toy Drive was a total What heck is happening San Diego needed love, the laughter, celebrations, and cheer inin spite of the roller real estate?! southeast Ukraine. success, we were able to collect over 65 toys She received her higher art education in Kharkiv, Meet your neighbor coaster of an economic ride we have all been on for the last two the help of my clients and oneour of community! the most cultural educational centers of her country. In the As aAre 20-year veteran even in real estate sales here in San Diego, get I am a loan with homes selling? Can I even right now? Special thanks to those who participated in the years. SoafÞliate many of us are anxious to seethe what 2023 brings, only Spring of 2022, Vira and her daughter, proud to myself with COMPASS, #1 brokerage bybut sales Reynolds8 year old Vasylisa, escaped Toy Drive donations! These gifts really doWendy make time (and the Fed) will tell. fromcommunity’ Ukraine tos Poland when Russian soldiers captured Energodar. volume in the are Unitedsome States and a Fortune 500 Company. 10 years These of the questions I get on a dailyabasis inin the lives of our difference youth that would otherwise receive nothing On August 24thfor of 2022, they ßew to San Diego after being granted ago, CEO Robert Reffkin opened the Þrst doors to what was Our spotlight this month is on the holidays. This year was our first year the midst of our COVID19 shelter in place period. Many home buyers and sellers will try to time the market perfectly. I refugee status. previously called ÒUrban CompassÓ, and later evolved to what you partnering up with the YMCA & Toys for Tots Reynolds of Talmadge. can’t tell you many peoplehigh I have heard to company, me recently that for their annual toy drive, I look forward toWendy see today as how the tech-focused, touch realrelay estate next they are going wait until theindeed, market buy. Having worked year, goal will be toand collect 100 A toys! and thanks to my their service!), if over San Diego native, Reynolds I am tototell you that homes to skilled Upon arriving, Vira and Vasylisa were placed with a family in home to here over 500 ofÞces nationwide of crashes supremely and benefit in the real estate industry for 25+ years, I can attest to the fact that we Want to know what distribution day looked like Tierrasanta, whom after a month decided not to to sponsor them experienced agents. Below are Mr. ReffkinÕ s reßections and you are borrowing $701,500 or less, which grew up in Clairemont, went are selling and people are getting loans. at the Y? never know whether we were at an all-time “high” or “low” until we are temporarily homeless. After 5 days, they found their comments about the observed trends that have emergedputs in the lastin the conventional financing which left them you It’s still a bit early to see any price Visit https://www.instagram.com/ Mission Bay High School and on other side of it. It is true that, as a home seller, one would have way to Kensington Terwillinger. Connie, a Kensington fewthe weeks... ymcasandiego/ to view their Toys via Connie youHoliday Party attended San Diego State for adjustment trends as we to measure done much better if selling 6-9tend months ago rather than category, right now. Itmany is lenders will stillforallow resident who opened her guest room on AirBnB for Ukrainian Tots Event! to put ashalf little as 5% down. All loans andrefugees, was college, “GO with AZTECS!” that trend over a 3–6 month frame also truewas thataas a home buyer, onetime would have benefitted from put in touch Vira andAlong she immediately agreed to 1. There 25% increase in weekly mortgage applications early the interest rate being charged now. The fact remains that people still all lenders are not created equal, nor are the way Reynolds moved toand it becomes safe to and we just don’t have that hindsight sponsor the two of them until the war ends January 2023, and an additional 7% increase leading in to mid The 8th Annual Holiday Lights Bike Ride need to move, and need housing, which will continue to push the to her husband and still in Zaporizhzhia. January their financing programs. Contact me forreturn homeSan Francisco andfamily after- 20 as of 2023 yet. But I can tell you that I am still movement in the real estate market in a forward direction, particularly We had an amazing turnout at our Kensington Annual Holiday Lights Bike Ride! Despite the morning showers lender we still had and skies were a referral to a trustworthy thataround can 200 ridersyears in the Baycleared Area,during she the full and family rides! consistently seeing offers on in that rates benefit frommultiple vast and varied sectorslows. and suffer from Congratulations to our House Deocration at 4119 Palisades, 5341 Marlborough, & 4207 Vasylisa attends Winners Franklin Elementary School, where she is enjoying 2. areas Mortgage continue to move down work to 4-month provide to voted these decided she a change properties in San Diego, particularly in the Hilldale, ouryou teamneed of judges house bestneeded decorated along system. our route, thank a lack of sufficient housing units, such as our beloved San Diego.you the information being immersed in theasAmerican educational Vira is anyou to everyone who decoreated their beautiful homesthe it was hardback narrowing it down to just 3. getand started in your research. and made move to her $1.2 million range inand below withopen bothhouse trafÞc, accomplished artist with paintings Arthope museums andaprivate 3. ThereÕ s an increase buyer interest, Special thanks to our community for coming out and joininginus, you had great time! My advice is this: hometown of San Diego. After my buyer and seller clients. Of course, collections throughout Europe, Asia and North America. She is a offers. This annual event is organized by the Kensington Talmadge Business Association, of information the National Union of Artists of Ukraine. Here in San If you would like to explore buying and/member going to area open houses, this depends on the location and overall for more visit KenTalBiz.org. If4.you arelast considering buying a home this year, think LONG TERM. Diego, she has been teaching art and setting Inpresentation, the quarter of 2022, 42% of sellers were giving concessions or selling in2this ever changing market, she came across Talmadge. up art exhibits but with ancan already very Gone are the days when you count on making a profit within a whenever possible. She paints in different genres such as still life, to buyers at the closing table, a 10-year high. According to Reynolds, “I loved set ofand housing inventory buyers yearlimited time frame then move on/up.forThis has always give beenme thea call at 619.944.2798 or email landscape, portrait and Þgurative. Paintings by Vira Ustianska have me at Megan@MeganB.com. I’d be happy the friendly neighborhood vibe out there to choose from, it’s even tighter advice I gave my clients, even prior to pandemic times and remains been said to contain a special energy. In 2020 she started to work 5. Home builder sentiment improved for the Þrst time in 1 year. as such. 10 years from now, chances are you will be glad you paid that to discuss with you what sets my serviceon the project and all the planned activities. now. Those that can still qualify for a Ò1000 SunßowersÓ. Now here in the US, she continues extra $10-$20k that the seller dug their heels in for. With that time to paint more sunßowers for this series and is currently on #141. 6. Pending closings were down 30+% at points in the fall, but over apart from the rest! I haven’t seen a neighborhood loan are able to take advantage of the frame in mind, consider the longevity the home offers. Is this a space thestill lastlow few rates weeksand we have seentheir pending listings in most of our quite Talmadge.” dream thelike beautiful homes and landscape. Vira and to beofcomfortable here for Vira’s favorite aspect of living in Kensington are your family can ßat grow in,achieve will be able markets nearly year overyou year. homeownership, moving up, or downsizing. Vasylisa enjoy walks around the neighborhood, and love the proximity to North Park Produce, where 7-10 years? Vira has found many ingredients that help her Ukrainian food. Since her arrival Incook Mayher of traditional 2019, Reynolds made "For the Þrst time in 10 months, all of the statistics I look at are to San Diego, she has explored communities outside of Kensington such as Mission Iftrending you arepositively.” acan home get ready to rumble! Buyers CNBC have more Talmadge her home. A graphic Trails, La Jolla, Loans be seller, a- little tricky these days Reffkin, COMPASS CEO, Robert Lake Murray, Balboa Park, which also have inspired her to paint. To date, she has created more than negotiability theseresidence days, but that designer for 25 years, she has for a primary anddoesn’t trickiermean still you are getting the 80 paintings since she’s been here. short end ofstatements the stick. Likely, you are still benefitting frombut a significant Thefor above are a reßection of national trends, can The Annual Talmadge Caroling at the business, Circle owned her own design an investment For a primary profit, notour what itproperty. would been the springofof2023, 2022.I have also bealbeit said of local market.ave Since theinbeginning Another one for the books! The Annual Caroling at the Circle is one of my favorite neighborhood Olivetogether Designforfor years and is a huge success we residence loan, with many (but not all) a property is most If youevents are interested in learning more about Remember that selling a property buying in Talmadge, I love putting this event our20 community. What seen multiple offers on properties inand a vast array of price ranges. had this year, it was a great time catching up with Friends & Neighbors, we laughed and we even successful when is acount win sides. Prepare yourself for this Vira’s artwork or making a purchase, currently freelancing. Ultimately, you there should on having at Thelenders, low inventory, coupled withon theboth interest rates that have adjusted sang some Hanukkah songs to kick off the first night of the festival of lights! Special thanks to all the visit her website: https://bit.ly/ and bebit strategic - both in your in youractivity. preparations. It is please is circle looking for a permanent least 20% ifcontinued you are pricing needing a wee downdown have to fuel and ourtobuyer The Talmadge neighbors who decorated theshe traffic so beautifully, and to Tom Barb, who makes a https:// imperative set we yourare apart the others. Youbid can terrific Saint Nick!employee Hope to see you December 2023! difference that not necessarily seeing the prices updo to so 3X6Nekr or her Facebook page: position (hint, hint). borrowisto$701,501 orproperty higher as thisfrom puts you www.facebook.com/Ustianskavart/about. by following the advice of a real estate professional regarding pretheinextremes we were seeing in the Spring of 2022, resulting in You can find her online portfolio the “jumbo loan” category. Most lenders Megan Beauvais will also be hosting an marketing suggestions (paint, repairs, inspections, and staging for opportunities for a ÒwinÓ for buyers and sellers currently. are still processing VA loans up to $1 million Open House Art Exhibition for Vira on 2/26 at wendyreynolds.myportfolio. example). (see details to the right), where many of com. In her free time, Reynolds $0are down (alwaysin an opportunityreal estate If you interested an incredible accurate, personalized her paintings will be available for purchase, Ifexperience you have that beengoes considering buying and/or selling real estate, I would loves hiking, mountain biking, beyond the transaction, give me a call at hope to see you there! welcome the opportunity to meet with you and discuss what my 619.944.2798! IÕd be happy to evaluate your needs with you and put print making, art shows and proven do for 2023. inContact meefÞcient at a plan instrategies place to can get you theyou bestinresults the most time If you should see Vira and Vasylisa in the happy hour. Her passions Megan@MeganB.com or 619.944.2798! period. neighborhood, please say hello and give include travel, photography them a warm Kensington welcome! May this year prove to be prosperous and joyful! I look forward to and she loves her adorable dog, seeing you around the neighborhood! Diego. If you see them out in
Have questions about real estate? Contact Megan!
the neighborhood, be sure to say hello! Happy to have you here, Wendy!
Have Have Questions Questions About AboutReal RealEstate? Estate? Megan Beauvais Contact Contact Megan! Megan! REALTOR® 619.944.2798
megan@meganb.com DRE 01426805
Megan Beauvais Megan Beauvais REALTOR¨, REALTOR®, GRI, GRI,DRE# DRE#01426805 01426805| |619.944.2798 619.944.2798| Megan@MeganB.com | Megan@MeganB.com| www.MeganB.com | www.MeganB.com Compass licensed ofofCalifornia and abides bybyEqual Opportunity laws. License Number 01527365. Allonly material presented herein is intended informational purposes onlyonly andand Compassisis a real estate brokerbroker licensed by the State by of California and abides by Equal Housing Opportunity License Number 01527365. All material presented herein is intended for informational purposes and is compiled from sources deemed reliable but hasfor been verified. Compass is aa real real estate estate broker licensed bythe theState State California and abideslaws. EqualHousing Housing Opportunity laws. License Number 01527365. All material presented herein is intendednotfor informational purposes Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. may be made without notice. No statement is made as to accuracy of any description. All compiled from isis compiled from sources sources deemed deemed reliable reliable but but has has not not been beenveriÞed. verified.Changes Changesininprice, price,condition, condition,sale saleororwithdrawal withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and is provided forfor informational purposes onlyonly andand is not a solicitation, recommendation, offeroffer or or measurements and square square footages footages are are approximate. approximate.This Thisisisnot notintended intendedtotosolicit solicitproperty propertyalready alreadylisted. listed.This Thisinformation information is provided informational purposes is not a solicitation, recommendation, promise to provide services. Compass is not offering legal, Þnancial or other professional advice. Compass reserves the right to refuse, reject, or cancel the program for any reason at any time without liability. Compass promise to provide services. Compass is not offering legal, financial or other professional advice. Compass reserves the right to refuse, reject, or cancel the program for any reason at any time without liability. Compass offers no no guarantee Concierge guidelines. Subject to additional terms andand conditions. offers guarantee or or warranty warranty of of results. results.Subject Subjecttotoadditional additionalterms termsand andconditions. conditions.Home Homemust mustqualify qualifyunder underCompass Compass Concierge guidelines. Subject to additional terms conditions.