Greetings, All:
Movie buff that I am, I came across a small movie that was a big hit at January’s Sundance Film Festival called “Past Lives”. When it was the centerpiece of the San Francisco Film Festival a couple of months ago, I made sure I bought tickets for myself and my family. Without going into much detail, I would guess the majority of the audience for this Korean American drama heard the Korean words “in yeon” for the first time.
In yeon*, as I understand it, is about human connectedness. It’s rooted in ideas of reincarnation. And it could be as slight as two people walking down the street and brushing up against each other. And it could also be as deep and vast as the connection that we would have with a parent or a spouse, spanning over multiple lifetimes, even. Fate? Destiny? Kismet?
Similarly sounding is “in yun”, which holds significant importance in Korean culture. “In yun” refers to the idea of cosmic harmony or balance, which is believed to exist in all aspects of life and the universe. It encompasses the notion that all things are interconnected and influenced by an invisible energy. Koreans believe that when “in yun” is present, everything is in a state of equilibrium and flows smoothly. Maybe a cross between “yin & yang” and “feng shui” in the Chinese culture?
This concept can be observed in various aspects of Korean life, including traditional arts, architecture, medicine, and even everyday activities. In traditional Korean music, for example, the concept of “in yun” is reflected in the harmonious combination of different musical instruments, rhythms, and melodies, resulting in a balanced and pleasing composition.
In everyday life, Koreans strive to achieve “in yun” in their interactions and relationships. It involves finding a middle ground, seeking compromise, and avoiding extremes. This approach fosters harmonious social connections and peaceful coexistence within communities.
Overall, the concept of “in yun” represents the Korean belief in the interconnectedness and balance of all things. It serves as a guiding principle in various aspects of life, emphasizing the importance of harmony, equilibrium, and mutual respect.
If we had to describe our business philosophy, “in yun” would capture it nicely.
(*Back to “in yeon”, the belief that certain encounters and relationships are predestined or fated to happen, and again is featured prominently in “Past Lives” – the film opens in theaters this weekend.)
Derek, Natalie, Mo & Arwin
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by Patrick Carlisle, Market Analyst for Compass Bay Area
Median home sales prices have begun to recover from mid-winter lows, though remaining far below peak prices hit in spring 2022. The SF house market continues to be substantially stronger than the condo market, and the condo market in the downtown/South of Market/Civic Center area – affected by a number of economic and social factors – is considerably weaker than condo markets in the rest of the city.
The number of new listings coming on the market and the number of home sales over the past 12 months were the lowest since both plunged after the pandemic first struck. New listing and sales volumes have risen from their nadirs in mid-winter, but remain historically low.
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New Listings | Just Sold | Announcement
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How do you live LIFE? The Caceres Family knows how to do it beautifully. 30 years ago, they entrusted me to help purchase their first home in the Inner Mission. It wasn’t the hip enclave it is, now. This home was the site of many wonderful memories, including the grandest summer parties with live Latin bands and taco trucks. The experience of selling in this more challenging market is also a lesson in patience, not panic. 948 Capp Street will transition to new ownership in a couple of weeks at a price few thought possible. Bravo, Cacereses
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* To better understand the Social Security funding challenge, consider the following: In 1950, there were more than 16 workers paying into Social Security per beneficiary. By 2000, there were barely 3½ workers per beneficiary. By 2035, the ratio will be 2.3 to 1, and that number will fall further in the future. The US population is aging rapidly. Beneficiaries are living longer, while low fertility rates mean that fewer people have been entering the labor force over time. There are a few solutions, including 1. higher birth rates (unlikely) 2. more immigrants workers paying taxes 3. raised retirement (likely….if France can, then…..) 4. higher taxes…..
* More than 60,000 real estate agents have exited the sector over the last 6 months, according to data from the NAR. There were about 1.537 million in April, down from the all-time high of 1.6 million in October.
* Uninsurable? We all saw what happened to the banking world when people realized their deposits above the $250k were not insured as SVB wobbled, and triggered more carnage with Signature and First Republic… now, several insurers are pulling out of areas with a high-risk probability of flooding, fires,hurricanes, tornadoes, etc….. What happens to a home’s value if you cannot insure it? The monthly cost of insurance is now becoming a key consideration when buying. (WSJ)
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Most of us use a budget at some time when decorating, and for those who do, the benefits can be huge. Budgeting can help you be imaginative and put you on a path toward saving for things you really desire for your home. These are some of our favorite (imperceptibly) cost-saving, quick fixes – many used by top interior designers from convincing faux fireplaces to semi-custom curtains.
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How to spend the perfect day in San Francisco’s SoMa district
The San Francisco neighborhood is frequented by tech workers, culture hounds and baseball fans. If you haven’t visited SoMa before or it’s been a minute, keep reading to learn more about the neighborhood and for a list of the best things to see, do and eat while you’re there.
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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.
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Compass is a real estate broker licensed by the State of California operating under multiple entities. License Numbers 01991628, 1527235, 1527365, 1356742, 1443761, 1997075, 1935359, 1961027, 1842987, 1869607, 1866771, 1527205, 1079009, 1272467. 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 footage are approximate. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. |
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