September 2024

 
Greetings, All:
 
Happy End of Summer! Hoping you enjoyed some time off with friends and family.
 
If you’re a regular reader of our newsletter intros, it’s no surprise I like to bring up non-real estate related topics. The rest of our newsletter provides the updates you need concerning the market.
 
This month, I’ve been screening Japanese films, older and newer. And whether by chance or design, I was struck by their similarities and storylines. You pick three movies to watch in succession, knowing little about them beforehand, and they wind up putting you more or less in the same reflective space. I guess the subject of “living in the NOW” has been a favorite topic of many storytellers over the years. These 3 films and directors expertly yet differently tackle the subject.
 
In Ikiru (1952), director Akira Kurosawa tells the poignant story of a Tokyo bureaucrat who, upon learning he has terminal cancer, embarks on a quest to find meaning in his life. After 30 years in the same job, he returns each day to a home he shares with his grown son and indifferent daughter-in-law. His life is a monotonous cycle, steeped in the inefficiencies of the bureaucracy. It’s only the knowledge of his limited time that pushes him to seek purpose and hope that he can leave something meaningful behind.
 
Hirokazu Koreeda’s After Life (1998) presents a fascinating premise: after death, individuals arrive at a liminal space where they must choose only one memory to carry with them for eternity. They have one week to make this decision, and if unable, they remain behind to help others through the process. The film compels viewers to reflect on their own lives, asking what single moment stands out above all others.
 
Finally, in Wim Wenders’ Perfect Days (2023), we follow a public toilet cleaner who takes profound satisfaction in his simple, uncluttered existence. He approaches his work with a perfectionist’s pride and precision, and through his interactions with others, we begin to understand, not just how, but perhaps why he lives this way. Each morning, he gazes at the sky, almost as if in gratitude for another day. The film’s ending moved me to tears.
 
The past is past, the future is not guaranteed. There’s only the present. Learning to live in the present is difficult, even for me, even at this stage in life. Hmmmn.
 
This morning, one of my best friends shared the “Acceptance Prayer” with me, and I’m keen to share it with you…“And acceptance is the answer to all my problems today. When I am disturbed, it is because I find some person, place, thing, or situation – some fact of my life – unacceptable to me, and I can find no serenity until I accept that person, place, thing, or situation as being exactly the way it is supposed to be at this moment. Nothing, absolutely nothing, happens in God’s world by mistake. Until I can accept life completely on life’s terms, I cannot be happy.  I need to concentrate not so much on what needs to be changed in the world as on what needs to be changed in me and my attitudes.”
 
Till next month,
 
Derek, Natalie, Mo, Chrissie and Arwin
 
 
Market Report
by Patrick Carlisle, Market Analyst for Compass Bay Area
Autumn Market Begins with Lowest Interest Rates Since Spring 2023
 
The August market was basically in a holding pattern, following typical seasonal trends, as the summer holidays drew to a close amid declining interest rates, indications of impending cuts in the Fed’s benchmark rate, improving housing affordability, substantial financial market volatility, and a huge helping of presidential election news. The autumn selling season, just begun, typically sees significant market activity before the big mid-winter slowdown begins in late November, and some expect a very substantial rebound in demand due to interest rate declines.
 
Team News
 
Available
1908 Broadway
2 BD 3.5 BA 3,343 SF (approx.)
$3,290,000
IN CONTRACT
2090 Great Highway, #201
2 BD 2 BA 1,016 SF (approx.) $925,000
 
SOLD
865 Clayton Street
2 BD 1 BA 1,791 SF (approx.) $1,610,000
IN CONTRACT
44 Macondray Lane, #5W
1 BD 1 BA 1,000 SF (approx.) $1,095,000
 
IN CONTRACT
875 California St, #602
 
2 BD 2.5 BA 1,358 SF (approx.) $2,150,000
 
 
Save The Date — Photo Event 2024
Limited Edition Legion of Honor Photo Session Gift
 
Join us for your complimentary exclusive photography session at the beautiful Legion of Honor park and court as seen here on top.
 
Sunday, October 6, 2024, 11 AM to 3 PM.
 
To celebrate your partnership as one of The Chin Rome Team’s wonderful clients, we are excited to invite you and your family, including pets, for a photo session with professional photographer Monica May. You’ll receive an edited digital photo gallery via Dropbox with your beautiful memories for print and web usage!
 
Enjoy light sweet refreshments after your shoot!
 
Please sign up for your photo shoot HERE.
 
To learn more about Monica’s beautiful photography visit: Monica May Design & Photography
 
We can’t wait to see you!
 
Did You Know?
“When we are unable to ask for help, I think we add to our own suffering. In a way, it’s also denying the reality of what it means to be human: that challenges, and feelings of being overwhelmed and in pain, are part of life. No one can escape these experiences, and we all need people in our lives to help us through those times.” (FT)
 
* Allstate Insurance was cleared by the California State government to raise some insurance premiums by as much as 34%….but the hike also includes discounts for homeowners who take steps to reduce wildfire risks on their properties.
 
* More than 11,000 people in the U.S. are turning 65 every day and the vast majority—77% of Americans age 50 and older—want to live as long as possible in their current home. 24-hour professional care at home can cost $250,000 and more per year. (WSJ)
 
 
News
 
In September, models and designers will board jets to New York, Milan and Paris to show off flashy new designs at the world’s biggest fashion weeks. But in August, a different, anarchic and fiercely anti-commercial fashion week unfolded in the Nevada desert. The runway was covered in dust.
Bill Wold spends most of his days living in a trailer parked at the Raley’s shopping center in Pleasanton. While he has a big house in Bakersfield, he chooses to pass his time here partly because of the proximity to Jim’s Country Style Restaurant.
 
 
In 1924, the last gray wolf in California was shot. For the next 87 years, the native species completely vanished from the state. But now, a century after the fatal shot was fired, seven packs of gray wolves roam the state, and their population growth shows no signs of stopping.
 
Maximize the value of your home with Compass Concierge.
 
 
A Nationwide Network
 
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.
 
 
Chin Rome Team
 
Top 1% SF Realtors
 
Derek Chin DRE #: 00854466
Natalie Rome DRE #: 01386654
Mo Salimi DRE #: 02128819
Chrissie Emmons DRE #: 01479221
 
 
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 is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
 
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