Welcome to 2021! Well, another time measurement is upon us. Time may be an illusion, but my graying hair isn’t.
Maybe instead of the usual “What New Year’s Resolutions Have You Made?”, we should think in terms of “Letting Go”.
Letting go of old habits that don’t serve us.
Letting go of negative self-talk.
Letting go of basing our actions and decisions on how others see us.
Letting go of judgment and allowing that others don’t have to think, act or look like us.
Letting go of allowing natural forces to affect our mood, like the weather or shorter hours of daylight.
Letting go of long-held grudges that no longer have any effect on who we are, today.
Letting go of judging our own worthiness for not having met goals we made in the past.
In no particular order. You get the idea.
All of that takes a strong mindset, especially with all that’s going on right now in our nation. Small steps.
As of last week, COVID numbers are highest in California, Arizona and Rhode Island. Let us not only continue to think of our own health, but the health of others.
Till next month – Stay healthy, safe and sane.
Derek & Natalie and Geneva
by Patrick Carlisle, Market Analyst for Compass Bay Area
Pandemic, shelter in place, mass unemployment, terrible financial hardships for many households and small businesses, new ways of working, office buildings empty, people move, rents plunge, dreadful fires, an anxious presidential election, interest rates to historic lows, stock markets to new highs, billionaires decamp to save on taxes, IPO mania breaks out again, vaccines begin to arrive – and the real estate market in San Francisco saw complicated dynamics in supply and demand, with a strong recovery after an initial crash in activity.
2020: a year of social, political, economic and environmental extremes. Let us give thanks to those who worked so hard and sometimes risked their lives to help others.
The analyses were designed to be self-explanatory, but please don’t hesitate to contact us with any questions.
Click the above image or here
for to view the entire report.
Tell us what you think! We’d love to hear from you.
New Listings | Just Sold | Announcement
Geneva Bumb Shanti, our Associate Agent
It is truly my honor and pleasure to be formally introduced to everyone! For the last 4 years I have been supporting Derek and Natalie grow their business and take care of all of you.
When I first started as their marketing specialist, I realized very quickly that being a Realtor was the career move that I had been looking for and have grown into an Associate Agent.
I was born in Carmel by the Sea and have called San Francisco & the Bay Area home for over 25 years. I am a true Northern California native and leverage this locality to provide clients with true local expertise. I have experienced San Francisco’s changes and growth first-hand and have a detailed eye for understanding property value for buyers, sellers, and investors.
In parallel to real estate, I have 2 degrees and over 20 years of experience running my own photography business and have completed just as many years’ work in marketing, technology and media production. My experience with photography and these related fields gives me valuable insight when preparing a home for market and showcasing a home’s value in the best possible light. Combined with my affinity for helping clients achieve their ambitions gives me a unique advantage over other realtors.
DID YOU KNOW? Billionaire Investor Bruce Flatt – also known as Canada’s Warren Buffett – also has a track record that rivals the world’s best and is famous for buying hated assets at deep discounts to fair value. Now he says Real Estate Investment Trusts (REITS)are under-valued…..He believes that today’s negative narrative on office and retail is wrong and that these assets will be loved again in the future. Moreover, he believes that 0% interest rates will cause real estate values to rise substantially in the recovery.
DID YOU KNOW? If you want to better understand why we are in a much better position to fight future pandemics, read this.
DID YOU KNOW? What risks (besides an unforeseen event) are economists and investors thinking about for 2021?
1. Rising interest rates. Although extremely unlikely, many assets are valued currently based on very low interest rates.
2. Central banks have limited policy ammunition in the event of a negative growth shock.
4. Mismanagement of vaccine distribution which could slow recovery.
5. Negative sentiment. Sentiment drives markets quite notably. Any and all ‘bad news’ drives this.
7. Lack of skilled labor.
8. Growing extreme wealth disparity between rich and poor could fuel social unrest and political opportunists
DID YOU KNOW? Investment banks across the world generated a record $124.5 BILLION in fees this year as companies raced to raise cash to outlast the pandemic…..expect Bank and Tech sector bonuses to be solid this year…..
DID YOU KNOW? While many people were away from Manhattan, hundreds of others were busy finishing off the NEW PENN STATION (to replace the hideous one that replaced the original)……and it’s truly BREATHTAKING! See here.
20 Great Things That Happened in the Bay Area in 2020
As the new year is here, we find ourselves racing toward the light at the end of the tunnel. Covid vaccines are here and, surely, the worst of the pandemic—and the worst year in memorable history—is now be behind us.
2020 Ended With Inventory Up Nearly 3X in San Francisco
While the net number of homes listed for sale dropped around 45 percent over the past month in San Francisco, as was to be expected with a seasonal culling of unsold listings underway, inventory levels are still up nearly 3x on a year-over-year basis, with 200 percent more condos on the market, 115 percent more single-family homes and nearly 5x the total number of homes on the market at the end of 2015.
Since it first opened in 1776 as a Spanish Army post overlooking San Francisco Bay, the Presidio has made a slow and steady transformation back to its original state as an epic natural green space in The City, and has been part of the National Park Service since 1994.
Aiming to prove that middle-aged dogs can learn new tricks, here’s a quick look at how we’ve adjusted to our current landscape for our selling clients. (Woof!)
Visualizing your Upgrade:
Curious to know how Compass can transform a listing and improve its sale price?
Compass Lens uses Artificial Intelligence (AI) to visualize the potential of your space! See exactly the difference working with us can make.
Virtual Property Presentations:
Sticking with what we’ve always done, we’ll provide Professional Photography & Videography, including Matterport 3D home tours, and a dedicated property website which includes all of this within the site.
We’re able to make quick (10 seconds or less) videos of our listings with essential details to our social feeds.
Create a virtual open house experience using standard video from our phone:
We can record a Home Tour – more informal than a professional video, we’ll walk the property and show it as we would in a traditional open house, pointing out all of the features, opening closets and cabinets, send to prospective buyers and their agents, and be available for questions.
Facetime or Zoom conferencing in the property:
As above but on a live feed that is mutually scheduled with prospective buyers and their agents. Offers a personal experience and 1:1 questions are answered.
Dynamic Digital Brochures:
Home features will come to life inside this dynamic, digital brochure while creating an immersive experience for even the most discerning of buyers. Pages will turn and videos will play while allowing us to capture real-time data and actionable insights from potential buyers.
Mobile Listing Ads:
We’ll run geo-targeted mobile ad campaigns to reach buyers in the right place, at the right time. Now more than ever, buyers and sellers are spending most (if not all) of their time at home. We’ll create a geofence around the neighborhoods where you’d like your ads to be seen. These ads will appear in mobile apps and will re-target viewers on their desktops and laptops.
All of this is designed to bring proper exposure to our wonderful listings, and encourage eager buyers to make safe, virtual visits before making safe, in-person visits.
Since Compass launched in 2012, we’ve been simplifying the real estate process one community at a time. Today, we have more than 250+ offices extending from coast to coast.
Please let us know if you or a friend/colleague needs a fantastic agent in an area other than San Francisco. Through our network we can make the connections and introductions and help to find a perfect fit.
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