20. February 2014 19:43
San Diego is home to 3 million residents, and growing. The region ranks #1 in the United States for percentage of the population aged 18-34, otherwise known as ‘millennials’. This means only one thing: we’re going to need a lot more homes! The developers are fully aware of the inventory crunch, and have planned to increase the housing stock. The master-planned community “Civita” in Mission Valley (near Fashion Valley mall) will eventually offer 10,000 homes. (Pictured above is Standard Pacific Homes and Shea Homes product’s currently for sale at Civita). Downtown’s wave of development is concentrated heavily on apartment construction in the East Village, located east of Petco Park. In University Town Center, a massive apartment complex near I-805 and La Jolla Village looks like Dubai. In Mira Mesa, adjacent to the I-15, another massive apartment complex is underway. Eventually, the millennials will transition from renters to property owners. When I work with clients in this demographic I help educate them on the benefits of ownership. In San Diego County, it is not simply the tax write offs and the return on investment, it is the reality of supply / demand. We do not have large-scale tracts of land, and our new product will be the result mainly of re-imagining older homes; knocking them down and building several homes or townhomes on the lot. Or, re-habilitating older buildings, creating new living spaces while preserving a piece of local history. One thing is absolute: in a region like San Diego, our youth, our millennials, are a major factor in the culture we share.
3. February 2014 13:33
He is the strongest candidate, hands down. As a city councilman, Faulconer has represented the downtown and Point Loma neighborhoods. Downtown is naturally the focal point of the city, drawing millions of residents annually to professional baseball at Petco Park, to the San Diego Zoo, to the Gaslamp Quarter, the Symphony, Summer Pops, concerts & plays at the Civic Theatre, tours of the USS Midway Museum, and events at the convention center. Downtown is the engine to many economic benefits enjoyed by all those who call San Diego home. The mayoral campaign, which is underway to replace the disgraced Bob Filner who resigned in August, is between 2 candidates: Faulconer and David Alvarez. Unfortunately, Alvarez is pointing out that all the benefits & venues downtown are a detriment to other neighborhoods in San Diego. That is simply not true. As a REALTOR, I am a member of the San Diego Association of REALTORS, where I serve as a volunteer on a couple of committee’s. The REALTOR Political Action Committee interviewed 4 candidates for mayor, and Alvarez was the weakest, in my opinion, on matters that effect homeowners. Falcouner opposed and Alvarez voted in favor of linkage fees, and Lead Based Point of Sale Inspections….both which impact the cost of selling and buying homes. Linkage fees are designed to fund affordable housing mandates, despite the fact this ‘tax’ is simply an additional fee property owners pay; or, the fees are passed along by developers to buyers of new property. And, no guarantees that affordable housing will be built in the neighborhoods that pay for them. The Lead Based Paint Point of Sale Inspection is a dangerous and expensive mandate to sellers of homes that were built before 1980. There were alternatives presented to the City Council, including data that favored not allowing lead based paint to become airborne; the costs to eradicate a 1200 sq.ft. home are estimated at $15,000 – $25,000, depending what is found…and those costs will only be added to the list price that are passed on to buyers. These issues passed due to Alvarez’s unwillingness to use logic and be fair. As mayor, Kevin Faulconer will best represent all of San Diego.
10. January 2014 10:34
That’s a very wordy headline, I know. The abbreviated version is here: La Casa Del Zorro has re-opened! For those familiar with Borrego Springs, this is awesome news not just for travelers but also for the local economy. Borrego is about a 2-hr drive from downtown San Diego, a route that takes you from sea level to the foothills up to alpine elevations (3000’), then a descent into the desert at or about sea level. The adjacent Anza Borrego State Park is a 600,000-acre hikers paradise, with thousands of trails and canyons, with diverse options from hot springs to wind caves to badlands, mountain peaks and palm canyons with waterfalls. There is a stillness, a silence in the desert that offers one a chance to relax. Borrego will never be as “popular” as Palm Springs and the Coachella Valley, located just over the mountain, simply because Borrego does not have an interstate freeway nearby. (I-10 shuttles the masses of L.A. efficiently within 10 minutes of P.S.) What Borrego does have is a zen-like atmosphere. A recent sculpture installation know as Galleta Meadows by the late Dennis Avery (heir to the Avery labels fortune) is fantasy-like, as it features steel figures of animals and people planted in various places. Real estate in Borrego Springs is very affordable, for 2nd home buyers or those looking for retirement options. There are several golf courses if that is your sport. La Casa Del Zorro is a wonderful & affordable luxury resort that I highly recommend you consider as your home base to explore the many natural wonders of Borrego Springs and Anza Borrego State Park. It is a resort with a storied past dating back to the 1930’s, and filled with local San Diego history.
3. December 2013 12:43
Recently, I had the pleasure to work with buyers relocating back to San Diego after a 12-year residency in Costa Rica. The search requirement was simple: locate a house with lots of elbow room & plenty of land. This of course ruled out the majority of subdivisions and neighborhoods in San Diego, which had small lots, or, just not enough privacy. In north county the Fallbrook & Bonsall communities were attractive, but it was not until we toured Rainbow that we found a match. (Wikipedia says: “The area, previously known as "Vallecitos", (little valley), was renamed "Rainbow Valley" in the late 1880s, after Mr. J.P.M. Rainbow, who bought a homestead there”). The mountainous community offers spectacular views of the Cleveland National Forest, and a line of sight clear to the Pacific Ocean located due west by 40 miles. If you live in San Diego you have definitely passed Rainbow….the community straddles Interstate 15 there are 3 exit ramps that will take you there. Before the days of Interstate 15, (pre 1984), the old Highway 395 took you through Rainbow & offered roadside fruit & vegetable stands and a restaurant or two. The Pauma, Pala & Pechanga Indian Reservations, & the Riverside County line and the City of Temecula are all a stones throw away. A large number of ornamental plant nurseries operate out of Rainbow. You know there is a strong sense of independence cultivated in this area. The locals head over to Fallbrook, located 10 minutes southwest, for food, shopping & entertainment. If you have the chance, take a drive through beautiful Rainbow on your way to Palm Springs or Las Vegas. It’s the gateway to San Diego.
18. November 2013 13:06
Downtown San Diego is a continual work in progress & the latest spotlight is on the Old Police Headquarters adjacent to Seaport Village. Built in the 1920’s, the complex was a romantic architectural gem designed to house the San Diego Police Department and the criminals the police arrested. Restaurants, including The Cheesecake Factory & Seasons 52, as well as specialty shops, will all be framed within a massive courtyard & gardens. Perhaps it will give the Gaslamp Quarter a run for the money? According to the developer, the newly anointed “Headquarters'” is an unusual mix of distinct architectural styles, including Spanish Colonial Revival, Mediterranean, Churrigueresque & Pueblo Deco. What I can say with certainty is this will be a successful venture based on the ‘curb appeal’ of its uniqueness and also the location. For decades the building sat vacant & boarded up at the very prominent corner of Pacific Highway and Harbor Drive. The residents at Park Place, a residential condominium located directly across the street, will be especially grateful; but in truth all residents, workers and visitors downtown will enjoy this wonderful new ‘old’ building at 789 West Harbor Drive.