KEN-TAL NEWS - FEB 2021

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Megan’s Message

I 6 | ISSUE 2 February 2021 | VOLUME VOLUME 5

ISSUE 5

February is Heart Heath Month!

What the heck is happening in San Diego real estate?! Meet your neighbor Are homes even selling? Can I even get a loan right now? In honor of Heart Health Month, I Wendy Reynolds With the new year off to a or These are some ofrunning the questions I get on a daily basis in thought we would share one of our lagging start, depending on how you look favorite ways to get out and get Our spotlight this month is on midst of our atthe it, I am frequently askedCOVID19 about what shelter in place period.

2021, Here We Come!

Get Your Urban Hike On!

moving (safely) during the pandemic. Wendy Reynolds of Talmadge. the market will be like this year. While I to the American and benefit thanks toAccording their service!), and if Heart A San Diego native, Reynolds I am here to tell you that indeed, homes don’t have a crystal ball and can’t Association, we should you are borrowing $701,500 or less, whichbe logging 150 grew up in Clairemont, went to are selling and people areto getting predict with certainty, I tend track loans. minutes of moderate intensity activity puts you in the conventional financing Mission Bay High School and It’s still a bit early to see any price trends I see personally throughout my like brisk walking per week or 75 many lenders will of stillvigoruous-intensity allow you attended San Diego State for adjustmentwith trends as we to as measure interactions buyers andtend sellers, well as rely oncategory, the minutes activity. to put as little as 5% down. All loans and “GO AZTECS!” Along that trend over a 3–6 month time frame Getting out and walking is not only college, a experts…local economists that I have the opportunity to interact great way to getnor exercise, all lenders are not created equal, are it can also the way Reynolds moved to andthis wetime just each don’tyear. have that hindsight with change the blood flow in Francisco and after 20 their financing programs. Contact me forand activitySan as of yet. But I can tell you that I am still the brain. Nothing beats a short walk to in the Bay Area, she Nobody predicted themultiple whirlwind our economy has faced this last a referral to a trustworthy lender that can years consistently seeing offers on “clear your head.” Spending time year, and even less did anyone anticipate the real estate market provide you the information you need to decided she needed a change properties in San Diego, particularly in the outdoors reduces stress and anxiety skyrocketing, but it did. Having started 2020 with years-long low get started in your research. and made the move back to her $1.2 million range and below with both and going for a brisk walk or inventory in and the market, and already low interest rates, 2020 was hometown of San Diego. After my buyer seller clients. Of course, challenging hike is great for both mind off to a healthy start in the world of real estate. Buyer demand and body! If you would like to explore buying and/ going to area open houses, this depends on the location and overall increased as the pandemic took hold and interest rates or selling in this ever changing market, she came across Talmadge. presentation, but with an already very continued to drop even lower…except we found ourselves with Last weekend I got together with my OTF (Orange Fitness) crew, it give me a call at 619.944.2798 or email According to Theory Reynolds, “I loved limited set of housing inventory for buyers even less inventory to sell, driving demand and therefore prices had been a year since we we all together. I would see this group of me at Megan@MeganB.com. I’d be happy the friendly neighborhood vibe there to choose from, it’s even tighter upout even higher. women 4-5 times a week for about 5 to discuss with you what sets my service and and all the activities. now. Those that can still qualify for a years thenplanned the lockdown brought apart from the rest! I haven’t seen a neighborhood loan are able to take advantage of the that to a screeching halt. On Saturday, At some point, I would suspect that pricing will level off, but that’s we did the Bridges Hike and spent the quite like7 Talmadge.” stillwhat low local rateseconomists and achieve dream of not aretheir seeing for 2021…rather a continued afternoon with lots of sunshine and homeownership, moving up, or downsizing. increase in value is predicted. While interest rates are catching up! This a great hike to get In May of 2019,isReynolds made anticipated to remain low, my hope is that more sellers will out, get moving, and see some of the emerge they vaccinated and/or more comfortable Talmadge her home. A graphic Loans as can be become a little tricky these days best neighborhods that San Diego has the process of viewing property out in the open as well as having for get 25 ayears, she has for a primary residence and trickier still todesigner offer! If you head start in the prospective buyers come through homes. owned her own design business, for an investment property. For their a primary morning, it’s pretty easy to stay socially Olive distanced Design for 20masked years the and is residence loan, with many (but not all) distanced. On our hike we stayed socially and Your home at has likely never been entire time (just a little hard to get acurrently photo with all of us 6 feet apart on freelancing. Ultimately, lenders, you should count on having more those tiny bridges!!). she is looking for a permanent least 20% down if you are worth needing to than it is today. If you have considered selling and are on employee position (hint, hint). borrow $701,501 or higher as this puts you In addition to the 7 Bridges Hike, here are some of our favorite walks/ the fence for any reason, give me a You can find her online portfolio in the “jumbo loan” category. Most lenders hikes close to Metro San Diego: call at 619-944-2798. There are at wendyreynolds.myportfolio. are still processing VA loans up to $1 million many reasons why sellers choose to com. In her free time, Reynolds $0 down (always an incredible • Old Town’s Presido Park Trail wait. opportunity If I can help overcome some of • Florida Canyon Trail loves hiking, mountain biking, those objections, such as provide • Centennial to Tidelands Park print- Coronado making, art shows and solutions and suggested plans for • Coast Walk Trail - La Jolla happy hour. Her passions finding a replacement home for you, • Cowles Mountain in Mission Trails Park include travel, photography helping you with projects to prepare for a sale, or simply provide advice whether or what needs to be done in order to get the and she dog, I’m sure everyone has their list of favorites butloves if you her needadorable some maximum value out of your home, then perhaps I can help get Diego. see them outif in inspiration, a great resource for hiking trails Ifis you AllTrails.com. Even you’re you on track to make the most of these unprecedented market not comfortable venturing out now, bookmark AllTrails.com to discover the neighborhood, be sure to Have questions about real estate? Contact Megan! conditions. these hidden gems right in our ownsay backyard! hello! Happy to have you here, Wendy! Megan Beauvais REALTOR® 619.944.2798

Have Questions About Real Estate? Megan Beauvais Contact Megan! REALTOR®, GRI

megan@meganb.com DRE 01426805

DRE 01426805 megan@meganb.com www.meganb.com

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527365. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. 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.

619.944.2798

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527365. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. 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. This is not intended to solicit property already listed. This information is provided for informational purposes only and is not a solicitation, recommendation, offer or 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 guarantee or warranty of results. Subject to additional terms and conditions. Home must qualify under Compass Concierge guidelines. Subject to additional terms and conditions.


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KEN-TAL NEWS - FEB 2021 by Local Umbrella Media - Issuu