North Park Feb 2024

C H E C K O U T O U R P R E F E R R E D PA R T N E R S

NORTH PARK AND LIVING MORE...

JM((C;T Real Estate Group YOUR TRUSTED REAL ESTATE PARTNERS mctrealestategroup.com SCAN HERE!

FEBRUARY/MARCH 2024 LOCAL UMBRELLA PUBLISHING

MEET OUR TEAM

Your Trusted Real Estate Partners in the Metro Communities of San Diego and San Diego County.

We Help People Buy and Sell Their Homes in San Diego.

We are the McT Real Estate Group, a dedicated team of professionals specializing in assisting home buyers and home sellers throughout the vibrant neighborhoods of San Diego, including North Park, South Park, University Heights, Normal Heights, Mission Hills, Golden Hill, Hillcrest, and the surrounding areas. Our listing specialists, Z and Mary, bring a wealth of expertise to help sellers navigate the market, while Chaz, our esteemed buyer specialist, is committed to providing exceptional service to home buyers across San Diego County.

The McT Real Estate Group brings a wealth of experience to the San Diego Real Estate Industry, having established a strong presence since 2004. Our dedication and commitment to excellence have propelled us to the forefront of the Realtors serving North Park, South Park, and surrounding communities. What sets us apart is our unique background in the Hair Design industry in N.Y.C., where we honed our skills by working closely with individuals on a personal level. This invaluable experience has translated seamlessly into our roles as realtors, as we believe that real estate is ultimately a people business. While assisting clients in buying or selling a home may involve substantial financial decisions, we firmly believe that human connection remains paramount.

mctrealestategroup.com

Our Teammate, Buyer Specialist Chaz Chase.

With over a decade of experience in the real estate sector, Chaz initially carved his niche in specialized residential home remodeling. This foundational experience enabled him to develop a keen eye for quality workmanship and make informed cost evaluations.

As he immersed himself in property enhancement, Chaz transitioned to Property Management and subsequently discovered his love for the complexities of real estate transactions.

In 2013, he began his distinguished career as a realtor in San Diego.

Recognizing his expertise, the McT Real Estate Group welcomed him to their ranks in 2016. Specializing in buyer representation, Chaz is renowned for his meticulous attention to detail, ensuring every client secures the perfect home at an outstanding value.

Discover the professionalism of the McT Real Estate Group for yourself. Experience firsthand the unparalleled dedication we bring to each client, and allow us to guide you towards achieving your real estate goals. We are here for the long haul, committed to your success and satisfaction.

Contact the McT Real Estate Group today and embark on a rewarding real estate journey. Together, we can turn your dreams into reality.

MARY McT MCTERNAN

Z. McT-CONTRERAS

Big Block Realty, Inc.

Big Block Realty, Inc

DRE #01408605

DRE #01715784

Z.McT-Contreras & Mary McTernan | 2820 Camino Del Rio S, San Diego, CA 92108 | Big Block Realty

(619) 736-7003 | info@mctrealestategroup.com | mctrealestategroup.com 2

MCTREALESTATEGROUP.COM / February/March

easyvegan

cheese fondue

Plant-based cooking Delicious recipes & inspiration for enjoying the goodness of vegan living.

@thecarrotunderground thecarrotunderground.com

enjoy the recipe at: thecarrotunderground.com

PLUTO is in care at the Animal Pad Pluto is a resilient 3-year-old Shepherd mix. Pluto came into care of The Animal Pad after a dog attack in Ensenada led to the urgent need for a leg amputation. When contacted by a local resident, The Animal Pad took Pluto in and provided vital care and a loving foster home.

Now, Pluto seeks a forever family. He’s crate and housetrained, mastering leash walks, and quickly learning commands, especially with treats. He’s an all around good boy!

Pluto’s zest for life shines through his love for play – fetch, chew toys, and car rides. He’s a social butterfly, enjoying the company of other dogs. An active household with lots of love and playmates, human or furry, is his ideal home. Pluto does require ongoing medical care for a bone infection, but it will be well worth your time! Pluto is the embodiment of resilience, ready to share his love and spirit with a caring family.

For information on how to get to know Pluto, reach out to https://theanimalpad.org.

NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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SPOTLIGHT

mctrealestategroup.com

“Debbie has been our

organizing lifesaver for years. She is a wizaed at clearing out clutter in every nook and cranny with ease and efficiency.”"

—Mary & Z Another Building Emerges in

North Park The construction of another five-story building is nearing its completion in North Park, with an expected topping-off ceremony in May of 2024.

This development is set to feature approximately 5 stories and 55 units. However, it’s noteworthy that the plan includes only 18 parking spaces, which could be a point of consideration for potential residents.

Interestingly, there appears to be no provision for affordable housing within this project. Contrary to expectations for inclusivity, remarks from one of the project’s stakeholders seem to suggest a different direction. He said the following. “Mass timber is 15 to 25% more expensive than typical wood, Alemany said, and he’ll have to offset those costs with higher rents — which he hopes people will pay for the warm, inviting feel of exposed wood in their homes”. What are your thoughts about the changing of the landscape that is going on in North Park?

Niima Outpost 2519 El Cajon Blvd., San Diego, CA 92104 37,340 Gross sq. ft.

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MCTREALESTATEGROUP.COM / February/March

Mark Your Calendar!

It’s Time for the North Park Community Garage Sale!

What You Need to Do:

3 Register by March 11th 3 Place all items to your driveway that you would like to sell by 8am on March 16th 3 Enjoy yourself and make money at the same time

What We Will Do:

3 Conduct both print and digital advertising 3 Promote to the local community 3 Place directional signs the night before 3 Create a map of all participating homes, post online and drop off to each participant

To Sign Up: Email z@marymctsoldme.com (please include your name, home address, and phone number and what type of things you will be selling. Also, please add Garage Sale to the subject line.

JM((C;T Real Estate Group We Hope You Will Join Us!

Z. McT- Contreas DRE 01715784 | Mary McTernan DRE 01408605

NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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ACTIVE LISTING

Featured on the Cover!

It’s a modern marvel with an updated kitchen, chic bathroom, stainless steel appliances, and its own laundry setup.

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South Park, 1422-24 Felton St. San Diego, CA 92102 3 beds • 3 baths • 1,200 sq. ft.

Selling for $1,156,500

MCTREALESTATEGROUP.COM / February/March

A Haven in South Park This is the front house of Multi- Unit Property. Discover a rare gem in South Park, San Diego - a unique Two Home haven on a single lot! This property is nestled in a highly desirable neighborhood, exudes charm with its attractive curb appeal and easy-care landscaping. Step into the main residence, a delightful 3-ed, 2 1/2-bath home, where you’ll be greeted by original oak wood floors that flow seamlessly through the living room and bedrooms. The heart of this home is the kitchen, boasting custom cabinetry, sleek solid surface countertops, modern recessed lighting, and efficient double pane windows. French doors open to an inviting enclosed porch, (a bonus room), offering a serene view of the expansive backyard - perfect for relaxation or entertaining. Convenience is key, with a laundry area smartly incorporated into this space. Outside, a lengthy driveway leads to a spacious carport, providing ample parking. The property’s hidden treasure is the detached bungalow, a cozy one-bedroom, one-bathroom retreat.

It’s a modern marvel with an updated kitchen, chic bathroom, stainless steel appliances, and its own laundry setup. Living in South Park means enjoying the best of both worlds - a peaceful neighborhood vibe with fantastic restaurants, parks, and boutique shops, coupled with effortless access to freeways. Plus, you’re just a quick drive from the airport and the stunning Coronado Beach.

Don’t miss this opportunity to own a piece of South Park’s charm!

NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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R E C E N T LY S O L D

McT REAL ESTATE GR OUP PRESENTS

RECENTLY SOLD PROPERTIES

2324 Commonwealth | Just Sold | $1,800,000 | 1,968 sq. ft.

NESTLED IN A SERENE AREA OF THE NEIGHBORHOOD OF NORTH PARK, right on the edge of South Park, lies a home that radiates warmth, charm, and impeccable craftsmanship, sitting on an extensive 11,000 sq. ft. lot. This is a true gem and a rare find in North Park. As you approach, you’re greeted by a welcoming facade that hints at the beauty within. Step inside to a cozy living area, where a heartwarming brick fireplace beckons you to relax and unwind. The meticulous attention to detail is evident everywhere you look, from the double-pane custom casement windows to the elegant picture railing, wood trim, molding, wainscoting and a whole house fan that keeps the home nice and cool on those hot summer days. Elegant built-in columns and shelves subtly divide the living room from the dining area, where a stunning built-in hutch and picturesque window offer views of lush greenery. It’s clear that every corner of this home has been crafted with love and care. For those who love to cook, the kitchen is a dream come true. With ample cabinetry, stainless steel appliances, and a plethora of windows, you’ll enjoy a gentle breeze as you whip up your favorite dishes. As each day draws to a close, the breathtaking sunset views will surely captivate your heart. Adjacent to the kitchen, a sunlit room awaits, perfect for sipping on a cocktail and enjoying your quiet time. Upstairs, the spacious main bedroom boasts a generous walk-in closet and access to a balcony, an ideal spot for morning coffee. A roomy landing separates the main bedroom from the second bedroom.

This room is complete, with generous windowed views featuring another spacious closet and a nook that makes a great seating area or home office. Also on this floor is a classic bathroom featuring detailed wainscoting, a separate shower, and a clawfoot tub with a picture window overlooking the yard and canyon beyond. Venture downstairs to discover a third bedroom and a bonus bedroom, each adorned with beautiful glass doors that open to a sizable patio in front of approximately 9K sq. ft. of flat and usable backyard - a true entertainer and gardener’s paradise. This downstairs floor also tastefully incorporates a second bathroom, laundry, and storage areas.

mctrealestategroup.com

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MCTREALESTATEGROUP.COM / February/March

2324 Commonwealth Ave., San Diego, CA 92104 4 beds • 2.5 baths • 1,968 sq. ft. • 2 car garage Sold for $1,800,000

READY TO BUY OR SELL YOUR HOME? REACH OUT TODAY! (619) 736-7003 | MCTREALESTATEGROUP.COM

NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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R E C E N T LY S O L D

McT REAL ESTATE GR OUP PRESENTS

RECENTLY SOLD PROPERTIES

3311 29th St. | Just Sold | $1,275,000 | 1,345 sq. ft.

Charm, Character, & Curb Appeal Step inside this charming Craftsman bungalow nestled in the vibrant North Park community, moments away from Bird Park and Morley Field. As you stroll along the white picket fence, admire the easy-care, drought-tolerant garden leading you to a quaint porch—the perfect spot to sit and enjoy the neighborhood’s ambiance. The French door opens into the living room, where original oak flooring, a stately fireplace, and timeless wood accents create a sense of warmth and history. Built-in oak cabinets and a classic seating bench add to the room’s character, while oak columns gracefully delineate the living space from the dining area, highlighted by a coved ceiling and continuous picture rail for an added touch of elegance. Though officially listed as a three-bedroom home, versatility is key here, with the third room—sans closet—presently serving as a den. The two primary bedrooms boast the same warm oak flooring, ample closet space, and decorative picture rails, echoing the home’s overall charm. The bathroom invites relaxation with its traditional subway tiling, period-style sink, and comfortable tub. Culinary enthusiasts will appreciate the kitchen’s custom cabinetry and marble countertops, complemented by classic white tiling and cork flooring. The adjacent breakfast nook is currently a dedicated home office—a space that adapts to your lifestyle needs. A door off of the kitchen opens to the laundry area and guides you to an idyllic backyard. A long driveway extends to a spacious two-car garage, a coveted feature in this sought-after locale. It’s clear that this home has been cherished, a place where memories are made and new stories await.

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MCTREALESTATEGROUP.COM / February/March

3311 29th St San Diego, CA 92104 3 beds • 1 bath • 1,345 sq. ft.

Sold for $1,368,000

mctrealestategroup.com

McT REAL ESTATE GR OUP PRESENTS

HOMES SOLD IN LAST 30 DAYS IN NORTH PARK Status

Sold Price

Full Address

Beds Baths EstSF

SOLD

$1,260,000

3540 Florida Street

3

3

1,865

SOLD

$1,260,000

2370 Vancouver Ave.

4

3

1,882

SOLD

$1,350,000

3504 Texas Street

2

2

1,082

SOLD

$1,368,000

3311 29th Street

3

1

1,345

SOLD

$1,400,000

3446 Arizona Street

3

2

1,579

SOLD

$1,425,000

3379 32nd Street

3

2

1,475

SOLD

$1,700,000

3619 Utah Street

3

2

1,867

SOLD

$1,800,000

2324 Commonwealth Ave.

4

3

1,968

This representation is based on data reported by multiple broker/agents to the CRMLS. Listings and sales may not be those on Big Block Realty, Inc

NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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IN ESCROW

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MCTREALESTATEGROUP.COM / February/March

3970 Mount Albertine Way San Diego, CA 92111 3 beds • 2 baths 1,733 sq. ft.

Selling for $1,295,000

mctrealestategroup.com

A Harmonious Tropical Sanctuary Discover the charm of a beautiful 3-bedroom, 2-bathroom oasis nestled on a generous 6200 sq ft corner lot in Clairemont, complete with a convenient two-car garage. This home stands as a rare find in a coveted neighborhood, offering a secluded tropical sanctuary framed by lush palm trees and vibrant tropical greenery. Step through the inviting front door and be welcomed into an open, airy living room, highlighted by a cozy fireplace and large windows that bathe the space in natural light. Serenity awaits in each bedroom, where dimmable downlighting creates a personalized ambiance, a feature that also enhances the newly remodeled guest and master bathrooms. The spacious kitchen, a haven for culinary enthusiasts, boasts extensive cabinets and counter space, flowing seamlessly into a sizeable living area perfect for entertaining.

The true heart of this home lies in the outdoor paradise, accessible via elegant sliding glass doors in the master bedroom and living room. Here, a newly upgraded swimming pool, complete with a stunning waterfall and a sunbrella-covered patio, promises ultimate relaxation. Beyond its aesthetic appeal, this home is equipped with modern amenities for comfort and efficiency. An HVAC system ensures a comfortable living environment year-round. The commitment to sustainability is evident with the leased solar panels, affordably priced at $172.00 per month, reducing energy costs and environmental impact. The security of a newer roof, approximately 4 years old, adds to the home's value and peace of mind. Experience the epitome of indoor-outdoor living in San Diego, in a neighborhood free from the eyesore of overhead cables or telephone wires, all thoughtfully relocated underground. 3970 Mount Albertine Way isn’t just a house; it’s a harmonious blend of luxury, comfort, and ecoconscious living.

NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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CLIENT TESTIMONIALS

McT REAL ESTATE GR OUP

CLIENT REVIEWS

mctrealestategroup.com

“

From start to finish, selling our home in North Park with McT Real Estate Group was the best experience we’ve had in real estate. Z and Mary made the entire process easy and stress-free. Their knowledge, professionalism and responsiveness were exceptional. They sold our home quickly and with multiple offers. They handled all the details and kept us in the loop every step of the way. Highly recommend!

—JJMar

“

”

It was such a joy working with these professionals with the sale of our house. My husband and I have lived in North Park for about 16 years. We have seen the McT’s pink signs all over town for all these years and always said that if we ever sold our house, this is the Real Estate team we would hire.

We met Mary and Z several times when they were hosting open houses, and they were always so nice, professional, and easy to talk to. Never were they pushy. Well, the time came, and we did decide to move to the East Coast. That is when we called them. Their resources were terrific. They saved us thousands of dollars by guiding us on what not to bother with and what would get us the best bang for our buck.

Our home looked amazing, and in no time at all, we were ready to go on the market.

We received multiple offers and more than we ever imagined. Our house did need a lot of work, but Mary strategically negotiated in such a way that not only did we not do any repairs, we barely had to give any credits whatsoever.

The only regret is that we wish we could work with them when we buy in NC.

” “ —Ivette L

“

When my husband and I were getting ready to sell our home, we went straight to McT Real Estate Group because we knew they were the experts in our neighborhood and with old homes. They actually sold our house to us! We knew that our home still needed some work and Z and Mary both brought us great recommendations on what we should do (and where to stop and save our money!) and even had contractors, engineers, and cleaners for us to work with.

Even during a slow market we received an offer 5 days after we listed (3 days after we allowed anyone to see the house) and settled at 99% of list price AND we ended up closing on the same day we were planning to move back to TX. This was our first home sell and I can only hope that future sales are this smooth! This team was a dream to work with - I can’t recommend Mary and Z enough!

”

—Melissa H

After interviewing a few agents, Mary and Z were the clear choice to work with in selling our North Park home. It was the best decision we could have made; they worked with our timeline, their knowledge of the area and pricing was excellent, they had reliable and efficient contacts to get the home ready for sale, and were always within reach if we had questions or concerns. Our home sold in less than a week for sufficiently over asking. We couldn’t recommend McT Real Estate enough!

—Sarah G

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MCTREALESTATEGROUP.COM / February/March

”

McT REAL ESTATE GR OUP PRESENTS

OUR CURRENT BUYERS ARE LOOKING FOR: Buyer #1 Fixer-Upper (Zone RM) in North Park, South of University Avenue, West of the 805 Buyer #2 3 bedroom 2 bathroom in North Park, South of University Avenue, under $1,600,000 Buyer #3 Fixer under $900,000 South Park, University Heights, Golden Hill, North Park Buyer #4 Multi-unit in North Park, South Park, Golden Hill under $1,200,000 Buyer #5 2-bed condo under $600,000 in North Park Buyer #6 Land or something to convert into Pickleball Courts, any price point.

(North Park, South Park, Golden Hill) Buyer #7 4 bedroom 3 bathroom in La Mesa, Mount Helix, under $1,400,000

NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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COMING SOON

McT REAL ESTATE GR OUP PRESENTS

COMING SOON PROPERTIES Check out the latest properties for sale before they hit the market.

Join our VIP list today!

16

MCTREALESTATEGROUP.COM / February/March

NORTH

PA R K

MARKET REPORT

mctrealestategroup.com

S I N G L E FA M I LY

JA N UA RY

Key Metrics New Listings Pending Sales Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale Months Supply of Inventory

2023 13 11 10 $1,002,500 96.1% 27 14 0.9

TOW N H O U S E - C O N D O

Median Sales Price - S I N G L E FA M I LY Rolling 12-Month Calculation

2023 8 6 5 $435,000 102.3% 20 5 0.4

All MLS — 92104 —

2024 15 14 9 $580,000 100.6% 27 15 1.3

Percent Change +87.5% +133.3% +80.0% +33.3% -1.7% +35.0% +200.0% +225.0%

Median Sales Price - TOW N H O U S E / C O N D O All MLS — Rolling 12-Month Calculation 92104 —

$1,400,000

$700,000

$1,200,000

$600,000

$1,000,000

$500,000

$800,000

$400,000

$600,000

$300,000

$400,000

$200,000

1-2014 2-2015 3-2016 4-2017 5-2018 6-2019

Percent Change -23.1% 0.0% +30.0% +34.7% +3.4% +11.1% -57.1% -33.3%

JA N UA RY

Key Metrics New Listings Pending Sales Closed Sales Median Sales Price* Percent of Original List Price Received* Days on Market Until Sale Inventory of Homes for Sale Months Supply of Inventory

$200,000

2024 10 11 13 $1,350,000 99.4% 30 6 0.6

$100,000 7-2020 8-2021 9-2022 10-2023

1-2014 2-2015 3-2016

4-2017 5-2018 6-2019 7-2020 8-2021 9-2022 10-2023

Provided by the Greater San Diego Association of REALTORS®. Current as of February 5, 2024. All data from the San Diego MLS. Report © 2024ShowingTime. Percent changes are calculated using rounded figures.

NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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PREFERRED PARTNER

MORTGAGE AND REALTY PROFESSIONALS INC. ENDORSED BY

“

MRP Mortgage simplifies the home-buying journey, offering tailored solutions for every unique situation. Chris has been helping our clients for many years; he is honest, trustworthy, and an all-around nice guy.

—Z.McT-Contreras & Mary McTernan

”

MORTGAGE BROKER SERVING SAN DIEGO COUNTY SINCE 1999 RESIDENTIAL MORTGAGE PROGRAMS TO $5,000,000 5% DOWN FOR PURCHASES UP TO $1,000,000

Check out our 5% Down Payment Option for 2-4 Unit Homes

SELF-EMPLOYED BORROWER PROGRAMS 2ND MORTGAGES AND HOME EQUITY LINES 1ST TIME HOME BUYER PROGRAMS

CHRISTOPHER SCELFO Broker, Mortgage and Realty Professionals NMLS #252266 DRE #01246802

4024 Ibis Street. STE B, San Diego, CA 92103 (858) 663-6373 scelfo@mrpservicesinc.com mrpservicesinc.com

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MCTREALESTATEGROUP.COM / February/March

Now accepting applications to fund loans before the end of the year. 5% down payments for owner-occupied 2, 3, and 4-unit homes. This marks a departure from the previous multifamily financing requirement of 15% down payment. You could purchase a $1,470,000 property with just 5% down.

This new option presents a great opportunity for individuals looking to invest in multifamily homes while also enjoying the benefits of homeownership.

Call today to discuss further.

PREFERRED PARTNER

CSR PLUMBING

ENDORSED BY

“

Water woes be gone! CSR Plumbing brings expertise and efficiency to every job. Their whole team is professional and efficient, led by Huyen and Ray, experts in their field. We love them, and so do —Z.McT-Contreras & Mary McTernan our clients.

”

A 100% SATISFACTION GUARANTEE CSR has been servicing communities throughout the greater San Diego area for over 37 years and have built our customer base by providing the highest quality of service one call at a time. Once you have experienced our commitment towards excellence, you will see why we are the premier plumbing, drain cleaning and sewer line repair specialists of San Diego. With close to 600 five star reviews, your are in good hands with CSR Plumbing!

CSR

Plumbing Drain Cleaning Sewer Lines

License C36 982358

7525 Mission Gorge Road Suite A San Diego, CA 92120 (888) 243-5353 Toll Free (619) 699-9629 Local csrplumbinginc.com

NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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PREFERRED PARTNER

CALIFORNIA BROKERAGE INSURANCE ASSOCIATES ENDORSED BY

“

They have been a great addition to our team. They are quick, reliable, professional and have been able to provide our clients with complete —Z.McT-Contreras & Mary McTernan satisfaction.

”

AFFORDABLE, RELIABLE INSURANCE OPTIONS California Brokerage Insurance Associates is an independent insurance agency in San Diego, California. We offer affordable and reliable insurance choices across California. We will help you find the right combination of tailored, personalized insurance coverage at just the right price to fit your needs.

We invite you to complete an online quote or call us at 619-2839999, or contact us at customerservice@uinsureit.com to review coverage options for car insurance, home insurance, life insurance, business insurance, renter’s insurance, boat insurance, and more.

We provide free, no hassle, no obligation insurance quotes designed to help you make an informed insurance decision.

1851 San Diego Ave. Suite 120 San Diego, CA 92110 customerservice@uinsureit.com (619) 283-9999 southerncaliforniaautoinsurance.com facebook.com/Calbrokerage 20

MCTREALESTATEGROUP.COM / February/March

PREFERRED PARTNER

DEXTER’S DELI

ENDORSED BY

“

For gourmet delights that make tails wag, there’s no place like Dexter’s Deli. Simply the best place in North Park that caters to our furry friends. Their store is filled with special treats, the best pet foods, coolest toys, and so much more.

Plus, the people that work there are a pleasure - your pets will love —Z.McT-Contreras & Mary McTernan them.

”

YOUR NEIGHBORHOOD NATURAL PET FOOD STORE With 3 locations in San Diego - we’ve got you covered with everything natural and healthy for your dogs and cats + we know everyone loves to celebrate their fur-babies, so be sure to check out our fabulous selection of Pup-Cakes and locally baked treats.

NORTH PARK: 3773 30th Street San Diego, CA 92104 (619) 738-8677 dextersdeli.com instagram.com/dexters.deli/ facebook.com/dextersdeli/ NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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PREFERRED PARTNER

PRESLEY & CO. FINE JEWELRY

ENDORSED BY

“

A blend of timeless tradition, modern innovation, and sophisticated attitude for sure; Liz and her team provide style and premium service.

—Z.McT-Contreras & Mary McTernan

” ELEVATING ELEGANCE IN SAN DIEGO

3392 30th Street, San Diego, CA 92104 (619) 255-1149 presleyandcofinejewelers.com facebook.com/presleyandcofinejewelers/ instagram.com/presleyandcofinejewelers/ 22

MCTREALESTATEGROUP.COM / February/March

Located in the center of the North Park neighborhood is a boutique jewelry store filled with timeless beauty and exquisite craftsmanship.

Presley & Co Fine Jewelry exhibits its more than 37 years experience in the world of fine jewelry and watch sales, and now they have opened a new store in North Park.

At Presley & Co. Fine Jewelry is a showcase of designer bridal rings, and unique fashion jewelry created by talented edgy women designers from around the world. They have an array of quality Swiss watches, and trendy gift ideas. In addition, they offer onsite specialized services including custom jewelry design, along with jewelry and watch repair.

Presley & Co Fine Jewelry is more than just a shop; it’s an embodiment of passion, dedication, and a commitment to delivering nothing but the finest in jewelry. What sets Presley & Co apart is their unwavering commitment to quality. Each piece of jewelry is meticulously crafted by skilled artisans, ensuring that every gemstone is placed with precision and every design is a masterpiece.

PREFERRED PARTNER

SURE SAFE

ENDORSED BY

“

They’ve consistently saved our clients thousands on foundation repairs thanks to their innovative approach and patented system. Introduced to us years ago by a well-known engineer in the area, Sure Safe has been our go-to for ensuring our clients’ foundations. Their team’s professionalism and effectiveness have made a significant impact, helping countless transactions smoothly cross the —Z.McT-Contreras & Mary McTernan finish line.

”

NOW JUDGE A BOOK

BY ITS COVER! The Foundation of a House is the Most Important Element of the Structure that Requires the Highest Focus and Attention BECAUSE EVERYTHING YOU OWN SITS ON IT! 2534 State St #436, San Diego, 92101 1440 Grand Ave B, San Marcos, 92078 (760) 741-1540 art@suresafe.com www.suresafe.com

NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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MCT REAL ESTATE GROUP PRESENTS SAN DIEGO

CALENDAR February 1-28

SENIORS FREE AT THE SAN DIEGO ZOO SAFARI PARK

15500 San Pasqual Valley Rd, Escondido sandiegozoowildlifealliance.org During the month of February, all visitors age 65 and older receive free admission to the Safari Park. Enjoy the sights on an Africa Tram, see the platypuses and other Aussie species at Walkabout Australia, wander through Tiger Trail, take a stroll around Mombasa Lagoon, and relax with refreshments on the patio at Kijamii Overlook. There’s a world of sights to see—all at the Safari Park!

J ES S I CA W EI L L E R

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MCTREALESTATEGROUP.COM / February/March

April 20

COMMUNITY SHREDDING EVENT

McKinley Elementary School parking lot “Hey North Park Neighbors! Get ready to say goodbye to clutter! Join us for our exciting Annual Shredding Event on April 20th. We’re setting up right in the neighborhood at the McKinley Elementary School parking lot (where Felton meets Redwood). Drop by any time between 10 AM and 12 noon to shred away all those unwanted papers. Let the shredding begin! Can’t wait to see you there!”

February 24-25

SAN DIEGO CHINESE NEW YEAR FAIRE

428 3rd Avenue, San Diego chinesenewyearfairesandiego.godaddysites.com Experience live music, food, and fun activities for all ages in Downtown San Diego. The San Diego Chinese New Year Faire hosted by the Chinese Consolidated Benevolent Association has been a staple event in the community since 1983.

J EFFR EY EI SEN

Mar 1 - May 14 THE FLOWER FIELDS

5704 Paseo del Norte, Carlsbad www.theflowerfields.com For more than sixty years, Mother Nature has transformed the rolling hills of North San Diego County into one of the most spectacular and coordinated displays of natural color and beauty anywhere in the world. The nearly fifty acres of Giant Tecolote Ranunculus flowers that make up the Flower Fields at Carlsbad Ranch in Carlsbad, California, are in bloom for approximately six to eight weeks each year - from early March through early May - literally bringing the famous fields back to life.

March 16

ANNUAL ST PATRICK’S DAY PARADE AND IRISH FESTIVAL IN BALBOA PARK

Fifth Ave & Laurel St, San Diego www.stpatsparade.org The parade will start at 10:30 a.m. on Fifth Avenue at Laurel Street and the festival will run from 9 am – 6 pm. See dignitaries and honorees, floats, high school marching bands, police and fire department units, Irish community groups, dancing groups, equestrian units, clowns, antique cars, and more. Then enjoy a fun day at the festival for the whole family.

NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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How’s the Market? The Most Asked Question These Days A Deep Dive into San Diego’s Housing Landscape In our neighborhoods of San Diego, a question echoes through the streets and our communities: “How’s the Market?”

This simple yet profound query captures the essence of a real estate market as dynamic as the city itself. From the trendy cafes of North Park to the leafy, serene avenues of South Park, understanding the market’s intricacies is crucial for those poised to make one of life’s most significant decisions: buying or selling a home.

The Scarcity in Abundance: Low Inventory in a High-Demand City San Diego, a city synonymous with cultural richness and natural beauty, faces an intriguing paradox. Our metro neighborhoods, such as North Park, South Park, University Heights, and others, are experiencing a low inventory scenario, a trend reflective of broader market dynamics. This scarcity in a city teeming with life and activity translates to a competitive marketplace where every listing counts and every decision matters.

Interest Rates: The Pulse of Buyer Sentiment Interest rates, the ever-fluctuating heartbeat of the real estate market, are showing signs of a gradual decrease. This shift is more than just a financial metric; it’s a beacon guiding potential buyers’ decisions. In neighborhoods like North Park, this change is stirring a sense of urgency among buyers, leading to an increasingly competitive landscape. The wait-and-see approach of some is counterbalanced by the decisive action of others, setting the stage for multiple offer scenarios.

Selling in a Seller’s Market While Needing to Buy: Timing is Everything In this seller’s market, homeowners in North Park and beyond are finding themselves in a favorable position. Selling now and buying at the same time means less competition on the buying end and a higher likelihood of favorable sale terms. Moreover, with the prospect of refinancing when rates dip further, sellers can navigate their next purchase with greater financial flexibility.

North Park: A Microcosm of Market Trends North Park, a jewel in San Diego’s real estate crown, exemplifies the current market trends. Homes here are selling fairly quickly, a testament to the area’s enduring appeal. However, the caveat lies in pricing. Homes that hit the market with inflated price tags are lingering longer, underscoring the importance of strategic pricing in achieving swift and successful sales. This holds true for all other neighborhoods in San Diego. We are seeing this throughout the county.

A Look Ahead: Learning from the Past The real estate market, much like history, often repeats itself. The cyclical nature of interest rates suggests that patience can be a virtue for both buyers and sellers. For those in San Diego, understanding these historical patterns can provide a roadmap for navigating the market’s future twists and turns.

Crafting Your Real Estate Story As we weave through the complex tapestry of San Diego’s real estate market, the narrative is clear: whether you are a seller in this bustling market or a buyer waiting for the opportune moment, knowledge and strategy are your most valuable assets. In a city that’s constantly evolving, staying informed and agile is the key to turning real estate decisions into success stories.

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MCTREALESTATEGROUP.COM / February/March

Embracing Downsizing in San Diego:

A Guide to a Simplified Life Finding Freedom in Less Space As a realtor in San Diego, I’ve witnessed a growing trend among homeowners, especially those over a certain age, who are considering downsizing. This move isn’t just about relocating to a smaller space; it’s about embracing a new, freer lifestyle that comes with numerous benefits.

Financial Freedom and Tax Benefits One of the most compelling reasons to downsize is the financial freedom it offers. Imagine the relief of lower mortgage payments, or no mortgage at all, reduced utility bills, and the decreased cost of upkeep. This isn’t just about saving money; it’s about reallocating your budget to enjoy the finer things in life. Additionally, thanks to Prop 19, eligible homeowners in San Diego can now transfer their tax assessments to their new homes.

This significant tax saving is a boon for those looking to downsize within the city, making it an economically smart choice.

Simpler Living, Greater Joy Downsizing paves the way for a simpler, more manageable lifestyle. Less space means less clutter and fewer chores, freeing up time for hobbies, travel, and relaxation. It’s a lifestyle choice that’s particularly appealing as we age and seek to reduce daily stress.

The Emotional Aspect of Downsizing Transitioning from a long-term family home to a smaller residence is an emotional journey. It involves parting with a space rich in memories and embracing a new beginning. Recognizing and preparing for these emotional shifts is crucial for a smooth transition.

Community and Lifestyle in San Diego San Diego offers an array of communities ideal for downsizers. These neighborhoods boast amenities that enhance quality of life, including safety features and social opportunities.

When downsizing, you’re not just choosing a new house; you’re selecting a community that aligns with your desired lifestyle.

“One of the most compelling reasons to downsize is the financial freedom it offers.”

mctrealestategroup.com

Estate Planning Simplified For many, especially our senior clients, downsizing is also a strategic estate planning move. Managing a smaller property can be significantly easier, both now and in the future. It’s about making life simpler for you and your loved ones.

Energy Efficiency and Personalization A smaller home often translates to greater energy efficiency, appealing to the environmentally conscious. Moreover, downsizing offers a unique chance to customize and personalize your new space, making it truly feel like home.

San Diego’s Real Estate Market: A Prime Time for Downsizing With the current trends in San Diego’s real estate market, now is an opportune time to consider downsizing. The market offers a range of options suitable for different lifestyles and budgets, making it an ideal time for homeowners to explore this option.

Health Benefits of a Manageable Space Lastly, the health benefits of living in a smaller, more manageable space, particularly for seniors, cannot be overstated. Less physical strain from maintenance and the potential for better accessibility are key advantages.

Upsizing Quality of Life Through Downsizing In conclusion, downsizing in San Diego is more than just a trend; it’s a lifestyle choice that brings financial benefits, emotional well-being, and a sense of community. It’s not about giving up space; it’s about gaining quality of life.

If you have questions or concerns about this very topic, please do not hesitate to reach out to us at the McT Real Estate Group. We are here to answer your questions and go over any concerns you may have.

Z.McT-Contreras & Mary McTernan (619) 736-7003 info@mctrealestategroup.com mctrealestategroup.com NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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Your one-stop-shop for all things fresh & local

EVERY THURSDAY 3:00PM - 7:30PM Fun for the whole family, live music, & much more!

Located on North Park Way between Ray St. and Granada Ave. and the NEW Mini Park @shopnorthparkmarket

School Drive

Join the McT Real Estate Group in championing student success at McKinley Elementary and Roosevelt International Middle School in May! Your donations are the seeds for tomorrow’s leaders and preparing for next year’s needs in advance.

McKinley Elementary’s Wish List: Pencils, Erasers, & Crayons: Craft the future with every stroke!

Notebooks, Folders, & Copy Paper: For tales of triumph and knowledge!

Marker, Colored Pencils, & Dry Erase Markers: Color their world with creativity!

Glues Sticks & Scissors: Shape dreams into reality!

Rulers: Measure the heights they can reach!

Baby Wipes & Disinfectant: A clean start for every genius!

Roosevelt International Middle School’s Needs: Backpacks: Carry aspirations to new heights!

Kleenex & Paper Towels: For bright beginnings every day!

Hand Sanitizer: Keep wellness in hand!

Feminine Hygiene Products: Supporting every student’s needs!

Copy Paper: Print pathways to success!

Donations Donations should should be be delivered delivered during during the the week week of of April April 29th 29th -- May May 3rd 3rd Scan the QR code to pledge your donation. You can also drop by at 3321 Felton Street and leave your donation in the box on the porch.

For more information about how you can help call McT Real Estate Group at

(619) (619) 736 736-7003 -7003 NORTH PARK LIVING | MCTREALESTATEGROUP.COM

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LEFT TO RIGHT:

MARY McT MCTERNAN DRE #01408605

Big Block Realty, Inc.

Z. McT-CONTRERAS DRE #01715784

Big Block Realty, Inc

YOUR TRUSTED REAL ESTATE PARTNERS

JM((C;T Real Estate Group Z.McT-Contreras & Mary McTernan | 2820 Camino Del Rio S, San Diego, CA 92108 | Big Block Realty

(619) 736-7003 | info@mctrealestategroup.com | mctrealestategroup.com

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(619) 736-7003 | McTrealestategroup.com