Taste of Leucadia Apr. 3 Ragnar Relay So Cal Apr. 4-5 Filipino Sun Festival Apr. 5 Project Wildlife Baby Shower Apr. 5 After Dark Dash Apr. 5 Paws in the Park Apr. 6 Gran Fondo San Diego Bicycle Ride Apr. 6 North Park Community Fest Apr. 12 La Jolla Concours d' Elegance VIP Reception Apr. 12 Peace - Love - Run Apr. 13 La Jolla Concours d' Elegance Car Show Apr. 13 Chicano Park Day Anniversary Apr. 19 Spring Festival & Egg Hunt Apr. 19 Park: 715 Valley Ave., Solana Beach. CityBeat Festival of Beers Apr. 19 Beach Soccer Jam Apr. 26-27 Walk Multiple Sclerosis Apr. 26 Bon Appétit 2014 Apr. 26 March For Babies Apr. 26 San Diego All American Soap Box Derby Apr. 26 Encinitas Garden Festival Apr. 26 Creek to Bay Cleanup Apr. 26 Linda Vista Multi-Cultural Fair Apr. 26 Art Walk San Diego Apr. 26-27 Adams Avenue Unplugged Apr. 26-27 San Diego International Wine Show Apr. 26-27 La Jolla Half Marathon Apr. 27 EarthFair 2014 Apr. 27
Join the Community in celebrating the culinary flavors and local libations that make our Leucadia Main Street district so unique. Highlights our local restaurants, retailers, craft brewers and local vintners. 5:30-8:30pm. (760) 436-2320 / www.leucadia101.com
Two-day running relay race that begins in Huntington Beach and finishes in San Diego at the Embarcadero Marina Park South. Approximately 600 teams made up of 12-runners each will take their turns to run 3-legs of the 190-mile course. 6am-8pm. (513) 543-8435 / www.ragnarrelay.com
Families can enjoy a full day of staged entertainment, delicious Filipino foods, and an Arts & Culture Pavilion. You can also visit the information, health, and community booths. Children will especially enjoy the fun activity area. 10am-6pm. Mira Mesa Community Park. (504) 390-3271
In anticipaton for the baby season when more animals are in need of care and rehabilitation. The event offers food, activities, games, merchandise, and tours of the Triage Center. 10am-3pm. Project Wildlife Central Triage Center:887 1/2 Sherman St. (858) 866-0555 x-201 / www.projectwildlife.org
This 5K is taking place in downtown San Diego under city streetlights. The purpose of the event is to get some healthy exercise while providing funds for a San Diego based charity. 10-11:30pm. 10th Ave./K St. (970) 301-6130 / www.afterdarkdash.com
A "Tail Wagging Day" for pets and their people. Presented by The City of Solana Beach Parks and Recreation Commission. Pets on leashes please. 11am-3pm. La Colonia Park: 715 Valley Avenue, Solana Beach. (858) 720-2453 / www.ci.solana-beach.ca.us
It's a social ride that begins in Little Italy and travels eastward through cities, towns, and rual countrysides. The distance is about 100-miles. There are many pleasant views along the way. The Safety Clinic and Kids Race are FREE. 7:15am-5pm. (858) 668-1739 / www.sdgranfondo.com
Outreach event to give spiritual hope and inspiration to people in need. There will be live gospel music, prayer, song, bouncing fun for kids, and a food distribution. The event concludes with a special prayer and message. North Park Community Rec. Center: 4044 Idaho St. (760) 601-6734
This event is a prelude for tomorrow's big public showing of exquisite automobile displays. There's music, cocktails, and culinary delights from ten local world-class restaurants. 6-9pm. Ellen Browning Scripps Park. (619) 233-5008 / www.lajollaconcours.com
The hippie era of the 1960's was about peace and love-ins. So, get in the groove and choose the course that suits your fancy. The event offers a Half Marathon, 10K, 5K, and a Kids Dash. 7am-12pm. East Mission Bay. (619) 491-0677 / www.peace-love-run.com
An elite car show is presented at beautiful La Jolla Cove where guests can gaze upon amazing historic cars to premier autos of today. Pleasing music, tasty foods, and delightful cocktails. 9am-4:30pm. Ellen Browning Scripps Park. (619) 233-5008 / www.lajollaconcours.com
An event that includes the largest ceremonial performance of Aztec Dance in America. There's a low rider car show, cultural music, a variety of booths with food & merchandise; plus craft activities and a jumper for kids. 10am-6pm. 1900 National Ave. (619) 563-4661 / www.chicano-park.com
Limited to Children 3rd grade and under. 10:30am: Egg Hunt-Plastic Eggs Filled with Treats. 10:45am-Noon:Games & Refreshments. La Colonia
55-60 craft breweries are coming together to offer samples from a variety of homegrown beers. Here, you can stroll from booth to booth sampling your choices of beer. Food and music accompany the event. 1-6pm. El Cajon Boulevard. (619) 549-2644 / www.citybeatbeerfest.com
The games are played on the sand. The event is open to youth soccer players (age 8-19) and open matches for men and women players (age 20 & older). The event also includes festive entertainment. 10am-9pm. E Mission Bay (Fiesta Island) (619) 742-5087 / www.beachsoccerjam.com
Multiple Sclerosis is a disabling disease that attacks the central nervous system. You're welcome to join individuals, corporations, and teams on a seaside walk where proceeds can make a difference. 7am-1pm. NTC Park. (760) 448-8422 / www.mswalk.com
Enjoy a casual evening under the stars with wine, hors d’oeuvres and music while helping to support the Chula Vista Public Library. 5-9pm. Otay Ranch Town Center, Food Pavillion. www.cvplfoundation.net
March of Dimes "March For Babies" is the most widely recognized 5K walk in the nation that strives to recognize that babies deserve a healthy start in life. Proceeds help to prevent birth defects, premature births, and infant mortality. 7-11am. Balboa Park. (858) 300-6405 / www.marchforbabies.org
Youths build gravity cars by working under supervised guidance that teaches basic skills of workmanship with a goal to complete a task from beginning to end. Today, they get to ride their gravity cars in a race down a sloped hill. 8:30am-6:30pm. Skyline Drive. (619) 264-6870 / www.pazzaz.org
Designed to inspire you with ideas for your own garden, and with an appreciation for community gardening and the horticultural heritage of Encinitas. Visit more than 20 private gardens in the wonderful neighborhood of Encinitas. 10am-4:30pm. http://encinitasgardenfestival.org
Help keep Chula Vista clean. The Cleanup Day is an annual volunteer event - organized by I Love a Clean San Diego - to help remove trash from our region's watersheds and coastline. 9am-12pm. 619-409-3893 / www.creektobay.org
There are 3-stages of entertainment, a World Arts Village, a Teen Zone, and a Kids Zone. Enjoy carnival rides, handicrafts, and delicious foods. This event is in conjunction with the "Linda Vista Multicultural Parade". 12:30-5:30pm. (504) 390-3271 / www.lindavistafair.org
An adventurous art walk showcases visual and performing arts such as paintings, sculpture, photography, digital art, and mixed media. Works are displayed in tents and galleries along the streets. 11am-6pm. India Street. (619) 615-1090 / www.artwalksandiego.org
Adams Avenue is alive with music! This 2-day acoustic music festival is primarily taking place within participating community restaurants and bars. However, two outdoor stages will be set up with food and craft vendors. 12-7pm. (619) 282-7329 / www.adamsavenuebusiness.com
A two-day wine lovers extravaganza comes to the Del Mar Fairgrounds this Spring. Experience International wines from some of the most unique wineries in the world. 1-6pm. (619) 8-WINE-SD / www.sandiegointernationalwineshow.com
This popular half marathon begins in Del Mar and ends in La Jolla. The course travels along a scenic coastline and finishes at beautiful Scripps Park at La Jolla Cove. In conjunction with the "La Jolla Shores 5K". 7:30am-12pm. (858) 454-0777 / www.lajollahalfmarathon.com
This popular earth-loving event presents a wide range of causes, goods, and services that pertain to the environment and quality of life. The event is accompanied by music, health foods, a children's parade, and a Kids Zone. 10am-5pm. Balboa Park. (858) 272-7370 / www.earthdayweb.org
Taste of Leucadia Apr. 3
Ragnar Relay So Cal Apr. 4-5
Filipino Sun Festival Apr. 5
Project Wildlife Baby Shower Apr. 5
After Dark Dash Apr. 5
Paws in the Park Apr. 6
Gran Fondo San Diego Bicycle Ride Apr. 6
North Park Community Fest Apr. 12
La Jolla Concours d' Elegance VIP Reception Apr. 12
Peace - Love - Run Apr. 13
La Jolla Concours d' Elegance Car Show Apr. 13
Chicano Park Day Anniversary Apr. 19
Spring Festival & Egg Hunt Apr. 19
Park: 715 Valley Ave., Solana Beach.
CityBeat Festival of Beers Apr. 19
Beach Soccer Jam Apr. 26-27
Walk Multiple Sclerosis Apr. 26
Bon Appétit 2014 Apr. 26
March For Babies Apr. 26
San Diego All American Soap Box Derby Apr. 26
Encinitas Garden Festival Apr. 26
Creek to Bay Cleanup Apr. 26
Linda Vista Multi-Cultural Fair Apr. 26
Art Walk San Diego Apr. 26-27
Adams Avenue Unplugged Apr. 26-27
San Diego International Wine Show Apr. 26-27
La Jolla Half Marathon Apr. 27
EarthFair 2014 Apr. 27
Trying to find an apartment with less than perfect credit isn’t easy. According to a 2009 survey by Rent.com, 81 percent of property managers have seen a decline in the creditworthiness or credit score of prospective renters, and due to the shift, 43 three percent of landlords reduced their credit policy standards in order to fill vacancies. Many property owners believe a person’s credit report offers a glimpse into a future renter’s financial stability. While low credit scores can be an obstacle, it’s not the only thing landlords look at. Here is a list of things renters with low credit scores should consider:
Know what landlords want
Every landlord wants a clean, quiet tenant that pays his or her rent on time. That said each property owner sets their own criteria for selecting renters. "Given the economic climate, many property managers are still experiencing higher vacancy rates, and some might be willing to bend the rules a bit in order to keep their units occupied," Peggy Abkemeier, president of Rent.com, an online rental listing company based in Santa Monica, California told CreditCards.com. Abkemier says many landlords want a credit score of about 670. However, experts agree that potential tenants can explain any hits on their credit score. Often times, renters can send a letter explaining some of the difficulties they may have had in the past and explain how the problem has been resolved.
Renters with low credit scores might consider asking a cosigner to sign the lease. According to Zillow, a real estate blog, a cosigner’s signature makes the person legally responsible for costs should the renter not pay. It offers another layer of security for a landlord, who may worry about getting paid on time.
Make a Larger Deposit
In some cases, a landlord may feel at ease if a renter offers to pay a larger deposit upfront. This shows the landlord the renter is serious and that the renter has saved money for this important move.
While an apartment might be the current plan, it’s likely a renter will want a home someday. It’s important to sit down with a qualified banker to make sure a plan is in place to raise and maintain a respectable credit score. Credit scores don’t change overnight, it takes time, which is why renters should start on a long-term plan while they are renting so there are fewer problems in the future.
Balboa Park 8-Mile & 3-Mile Runs Aug. 4
San Diego Surf Cup 2012 Aug. 4-9
Clairemont Family Day Aug. 4
Marine Band San Diego Summer Concert Aug. 4
Color Me Rad 5K Aug. 11
Petco Park. 30-$50. (801) 458-8533 / www.colormerad.com
Bird Rock - Taking It To The Streets Aug. 11
CityFest Aug. 12
Best of San Diego Party Aug. 17
TRASH the Gala Aug. 18
Midnight Madness Festival Aug. 18-19
America's Finest City 5K Run/Walk Aug. 19
Wild Rides Car Show Aug. 19
Mira Mesa Festival of Beers Aug. 25
Bike The Bay Aug. 26
End of Summer Fire Run Aug. 26
Robert Egger South Bay Recreation Center Carnival Aug. 26-28
Throughout the country and here in San Diego, new home construction is enjoying a notable recovery - one that industry experts attribute to increasing real estate demand and shrinking inventory. According to CNN Money, housing construction starts went up by 6.9% in June, bringing the annual rate to a four-year high of 760,000. In the face of low housing prices, eager buyers are finding fewer sellers prepared to put their homes on the market in move-in condition. Therefore, as Redfin founder Glen Kelman tells CNN, those with the means to do so are turning to new construction as a means to getting the homes they want.
The revitalized homebuilding landscape has led to rise in builder confidence. Based on reports from the National Association of Home Builders, industry outlook is comparatively rosy across the entire country, with confidence at its highest level in five years. This in turn has led to a rise in home prices - oftentimes a necessary catalyst to set buyers in motion snatching up great real estate deals before costs go any higher. Indeed, the Los Angeles Times reports a slow but steady increase in home values over the past four months - a trend that Zillow Chief Economist Stan Humphries describes as lending some "organic strength" to the housing market recovery. All these factors combine to fuel the real estate fire.
Homebuilding in San Diego County correlates with improved new home sales
Throughout San Diego County, new housing permits and new home sales are on the rise echoing national improvements and signaling growing confidence for both builders and buyers alike. According to the San Diego Chapter of the Building Industry Association, 2012 has seen 3,040 new home permits issued to date, versus 2,997 at this time last year. In addition, there have been 1,411 new home sales to date in 2012 - a sizeable boost compared to last year's 1.112. Demand for new homes not only aids the construction industry, but also highlights the need for new real estate inventory. As competition for existing properties stiffens, sellers can begin to demand higher prices - and prospective buyers may do well to consult an experienced local agent for advice in securing the best possible values.
As a seasoned La Jolla real estate agent, I offer my clients valuable insight into the local market. Whether you are selling your San Diego home, searching for the perfect property or considering investing in a new or custom-built home, my staff and I provide superior customer service and dedication to your unique priorities and goals. At Cher Conner & Associates, many of our clients have been with us for years - even decades. We treat our clients like family; and in return, they continue referring friends and loved ones to our La Jolla real estate agency again and again.
To learn more about new homes and existing properties in La Jolla, Del Mar and other San Diego coastal markets, contact us today: http://www.realestateinlajolla.com/.
San Diego Film Festival Block Party Sept. 28
Tour de Fat Bicycle Parade Sept. 29
Sleepless America in San Diego Sept. 29
Tour de Poway Sept. 30
AIDS Walk/Run San Diego Sept. 30
Adams Avenue Street Fair Sept. 30-Oct. 1
The Haunted Hotel Sept. 21-Oct. 31
The Haunted Trail Sept. 28-Oct. 31
Scream Zone Sept. 28-Oct. 31
La Mesa Oktoberfest Oct. 5-7
San Diego Walk Now for Autism Speaks Oct. 6
Pacific Beachfest Oct. 6
FilAmFest Oct. 6
Oktoberfest by EdUcate Oct. 6
Old Town San Diego Art Festival Oct. 7-8
Hillcrest Hoedown Oct. 7
Polish Festival San Diego Oct. 12-14
La Jolla Art & Wine Festival Oct. 13-14
Little Italy Festa Oct. 13-14
Tierrasanta Oktoberfest Oct. 13
Union-Tribune Night & Day Festival Oct. 13
Fifth Avenue Auto Showcase Oct. 14
San Diego Healing Arts Festival Oct. 14
Rancho Penasquitos Recreation Council Oktoberfest Oct. 19
MS Bay to Bay Tour Oct. 20
Serra Mesa Community Fair Oct. 20
Neighborhood 5-Year Anniversary Party Oct. 20
Making Strides Against Breast Cancer Oct. 21
The Boulevard Boo! Carnival Oct. 27
Cardiff Surf Classic & Green Beach Fair Oct. 27
Monster Bash Oct. 27
Nightmare on Normal Street Oct. 27
The neighborhood you live in can have just as much impact on your life as the house you live in. When you decide to start looking for a new home, first create a profile of your ideal neighborhood. Here are some factors to consider.
The National Association of Realtors released the article below noting that 2012 offered one of the highest Housing Affordability Indexes since 1970...great news for buyers!
WASHINGTON (January 9, 2013) - With 11 months of data reported, 2012 will clearly go down as a record year for favorable housing affordability conditions, and a great year for buyers who could get a mortgage, according to the National Association of Realtors®.
NAR's national Housing Affordability Index stood at 198.2 in November, based on the relationship between median home price, median family income and average mortgage interest rate. The higher the index, the greater the household purchasing power; recordkeeping began in 1970.
An index of 100 is defined as the point where a median-income household has exactly enough income to qualify for the purchase of a median-priced existing single-family home, assuming a 20 percent downpayment and 25 percent of gross income devoted to mortgage principal and interest payments. For first-time buyers making small down payments, the affordability levels are relatively lower.
For all of 2012, NAR projects the housing affordability index to be a record high 194, up from 186 in 2011, which was the previous record. November's reading was 2.5 index points below October, but up 1.5 index points from a year earlier.
Lawrence Yun , NAR chief economist, said home buyers are able to stay well within their means. "Although 2012 was highest on record, the excessively tight underwriting precluded many would-be homebuyers from locking-in generational low interest rates," he said. "Rising home prices and a gradual uptrend in mortgage interest rates will offset improvements in family income, but 2013 likely will be the third best on record in terms of household buying power. A window of opportunity remains open for buyers who can qualify for a mortgage."
NAR projects the housing affordability index to average 160 during 2013, which means on a national basis that a median-income family would have 160 percent of the income needed to purchase a median-priced existing single-family home. Conditions vary widely, with the highest buying power in the Midwest. Even in the West, where the regional index is lower, they typical family is well positioned in most markets.
NAR President Gary Thomas, broker-owner of Evergreen Realty in Villa Park, Calif., said the minor erosion in affordability conditions moving forward could be mitigated by bank and regulatory policies. "Clearer rules from the government regarding future lawsuits and buybacks of Fannie and Freddie loans could encourage banks to use their massive cash holdings to originate more loans," he said.
"A more sensible lending environment that makes it easier for other financially qualified buyers to get a mortgage would allow many more households to enter the market, boosting home sales as much as 10 to 15 percent," Thomas said.
The National Association of Realtors®, "The Voice for Real Estate," is America's largest trade association, representing 1 million members involved in all aspects of the residential and commercial real estate industries.
Full article at:
The Athenaeum Music & Arts Library, located in the heart of La Jolla, California is one of only 16 nonprofit membership libraries in the United States. This rare cultural institution, an important one to the greater San Diego area, offers a depth and accessibility of resources and programs found nowhere else in the region. The library, devoted exclusively to music and art, has an outstanding and ever-expanding collection of books, periodicals, reference material, compact discs, videocassettes, DVDs, sheet music, and librettos, as well as one of the most significant collections of artists' books in Southern California. The library is open to the public five days a week; members can check out materials for a modest annual fee.
Many people dont know that you can hear fine musical selections from chamber groups to small musicians of every genre in this cozy setting....steps from your La Jolla Home! Seating is on a first come basis and doors open at 7 p.m.
Saturday, February 2nd's performance will feature violinist Jennifer Koh at 7:30 p.m. Passionate and inspiring, her performance will encompass traditional to contemporary music. Jazz musicians will also be coming to the Athenaeum on Thursday, February 7th, 13th and 21st, featuring Sara Gazarek, the Mats Eilertsen Trio, and Road Work Ahead, all playing at 7:30 p.m. You can visit the library Tuesday through Saturday from 10 a.m. to 5:30 p.m. and hours are extended until 8:30 p.m. on Wednesdays. To find out more, please click here.
Spring Home/Garden Show Mar. 1-3
Finish Chelsea's Run Mar. 2
Sue Krenn 15K Mar. 2
Urban Warrior Dash Mar. 2
Robert Egger South Bay Recreation Center Carnival Mar. 7-10
Colon Cancer Alliance Undy 5000 5K Run/Walk Mar. 9
San Diego Winemakers Show Mar. 9-10
San Diego Half Marathon Mar. 10
San Diego Half Marathon Gaslamp Block Party Mar. 10
Connections Housing Downtown Grand Opening Mar. 11
Persian New Year Mar. 12
Epic Beer Festival Mar. 15-16
North County St. Patrick's Day Parade & Festival Mar. 16
St. Patrick's Day 10K, 2-Mile & 4-Mile Run/Walks Mar. 16
Philippine Faire 2013 Mar. 16
St. Patrick's Day Festival Mar. 16
Shamrock 2013 Mar. 17
Fight for Air Climb & Festival Mar. 23
Busker Festival at Seaport Village Mar. 23-24
Rolando Street Fair Mar. 24
San Diego Race for Autism Mar. 30
Community Festival at North Park Rec. Center Mar. 30
ACT Today 5K Apr. 6
Project Wildlife 4th Annual Baby Shower Apr. 6
La Jolla Concours d' Elegance Apr. 6-7
After Dark Dash Apr. 6
Carlsbad 5000 Apr. 7
East Village Opening Day Block Party Apr. 9
Super Heroes 5K & 10K Apr. 13
Step Into Discovery - Walk for Salk & Explore Salk Apr. 13
Gran Fondo San Diego (Expo) Apr. 13-14
Swing Into It Spring Festival Apr. 14
San Diego Seafood & Fairy Shrimp Festival Apr. 14
Boys & Girls Clubs of Carlsbad presents 61st Annual Golf Tournament Apr. 18 "Clubs for a Brighter Future" to benefit Boys & Girls Clubs of Carlsbad. 12:30-6:30pm. 12:30 pm shot gun start, 11:00 registration, lunch, driving range, putting contest. Aviara Golf Club, Carlsbad. (760) 729-0207 / www.bgccarlsbad.org
Chicano Park Day Anniversary Celebration Apr. 20
Soap Box Derby in the Diamond Neighborhood Apr. 20
CityBeat Festival of Beers Apr. 20
EarthFair 2013 Apr. 21
San Diego Celebrate Israel Yom Ha'atzmaut Festival Apr. 21
Adams Avenue Unplugged Apr. 27-28
Linda Vista Multi-Cultural Fair Apr. 27
March for Babies Apr. 27
Walk Multiple Sclerosis Apr. 27
La Jolla Shores 5K/Half Marathon Apr. 28
Art Walk San Diego Apr. 28-29
May 4 - 5
Escondido Renaissance Faire
The age of chivalry will be recreated among the wonders of nature in an idyllic setting. Activities include several of Will Shakespeare's plays, battle pageants, music in the streets, jugglers and hundreds of costumed re-enactors performing in this giant outdoor play. Refer to website
May 4 - 5
30th Annual Old Town Cinco de Mayo
May 4 - 5
4th Annual Ramona Bluegrass & Old West Festival
May 10 - 12
12th Annual Gator by the Bay
Miracle Babies 5k Run/Walk for Hope
Ridiculous Obstacle Challenge
20th Annual Letter Carriers "Stamp Out Hunger" Food Drive
5th Annual Mother's Day Fancy Dress Swim
May 17 - 18
Annual Allied Gardens Spring Fest 2013
Annual North Park Festival of the Arts
Annual Navy's Original Bay Bridge Run/Walk
La Mesa Village Antique Street Faire
Santee Street Fair
May 24 - 26
Annual Valley Center Western Days
Time: Refer to website for specific times
2013 Vista Strawberry Festival
The Jewels of San Diego - All That Jazz
San Diego currently serves over 2,500 children and adults with disabilities and greatly depends on the generous spirit of the community to assist with the continuation of vital services. Refer to website for admission information.
Haute la Jolla Nights are here!
Summer is in full swing near your La Jolla home!
It's Almost Charger Season! Preseason starts in August but here is the regular Season schedule...GO CHARGERS!
|Week 1||Houston Texans||San Diego Chargers||Mon, Sep 9||7:20 pm|
|Week 2||San Diego Chargers||Philadelphia Eagles||Sun, Sep 15||10:00 am|
|Week 3||San Diego Chargers||Tennessee Titans||Sun, Sep 22||10:00 am|
|Week 4||Dallas Cowboys||San Diego Chargers||Sun, Sep 29||1:25 pm|
|Week 5||San Diego Chargers||Oakland Raiders||Sun, Oct 6||1:25 pm|
|Week 6||Indianapolis Colts||San Diego Chargers||Mon, Oct 14||5:40 pm|
|Week 7||San Diego Chargers||Jacksonville Jaguars||Sun, Oct 20||10:00 am|
|Week 9||San Diego Chargers||Washington Redskins||Sun, Nov 3||10:00 am|
|Week 10||Denver Broncos||San Diego Chargers||Sun, Nov 10||1:25 pm|
|Week 11||San Diego Chargers||Miami Dolphins||Sun, Nov 17||10:00 am|
|Week 12||San Diego Chargers||Kansas City Chiefs||Sun, Nov 24||10:00 am|
|Week 13||Cincinnati Bengals||San Diego Chargers||Sun, Dec 1||1:25 pm|
|Week 14||New York Giants||San Diego Chargers||Sun, Dec 8||1:25 pm|
|Week 15||San Diego Chargers||Denver Broncos||Thu, Dec 12||5:25 pm|
|Week 16||Oakland Raiders||San Diego Chargers||Sun, Dec 22||1:25 pm|
|Week 17||Kansas City Chiefs||San Diego Chargers||Sun, Dec 29||1:25pm|
The median list price in LA JOLLA, CA this week is $2,695,000.Demand measured by the Market Action Index is increasing and days-on-market is trending downward. Even as more properties come available, these are positive trends for the market. Great information for your La Jolla Home!
The San Diego Bay Parade of Lights is a time-honored holiday tradition brought to San Diego by the boating community.
Come see more than 80 boats lavishly decorated near your San Diego Home!
The San Diego Bay Parade of Lights is held two consecutive Sundays each year in December. The Parade proceeds from Shelter Island past Harbor Island, the Embarcadero, Seaport Village, and Ferry Landing in Coronado.
The procession will start at 5:30 p.m. and will follow the predetermined parade route.
Whether a participant or spectator, the Parade of Lights is a festive and delightful experience for all!
For more information visit the website at http://www.sdparadeoflights.org/
Extraordinary condominium with white water sea views over La Jolla Cove, North Shore and South beyond The Children's Pool. Located in the heart of The Village, this spacious 2BR 2BA condo has been tastefully remodeled in 2012. There is a neutral palate with high-end finishes. 939 Coast is the ultimate in luxury living with first class series and amenities including 24 hour concierge, 30 on staff, guest suites, gym, pool, spa, conference room, party room, library and billiard room. You can live the maintenance-free dream in this 20th Floor Oceanfront La Jolla Condo!
It seems news story after news story focuses on the current state of affairs in the housing market. The struggling economy has left home values at rock bottom prices. Interest rates are at historic lows and smart investors could make a buck or two if they know what they are doing. According to Zillow, a real estate blog, 2012 is the year to invest in cash-flow properties. In the past, investors have sunk their money into fancy, high-priced homes to get a big return, but experts are now suggesting investors look at modest priced homes to gain a long-term money stream. Here are some tips for investors:
Don’t go fancy
Real estate author Leonard Baron says a moderately priced property like a $160,000 home could generate monthly rent that’s $205 greater than your mortgage and operating expenses. That yields you a $2,460 positive cash flow per year. A high priced property that runs about $500,000 will likely yield a rent payment that’s as much as $700 less than the monthly mortgage and operating expenses. That loss translates into a negative cash flow for the year of $8,400.
Stay away from high vacancy areas or declining cities
Fox Business News says investors should know the area they are buying a home in and suggest buying properties in nice, moderate, working class areas where there are not too many foreclosures, empty properties, or in a city or area that is in decline. Buying the right property will require some homework, especially if the investor isn’t familiar with an area.
Buy properties in good shape
If a home needs a lot of work, stay away. These kinds of projects can quickly become money pits and take longer to fix and find renters. Buy properties that are as close to rental ready as possible, says Fox Business News.
Live in it, and then rent it
Fox Business News says fist-time investors can consider buying a home, living in it for a few years and then renting it out. This process can be repeated and in time, wealth can accumulate from several properties.
Fully educate yourself for 3-6 months
The real estate market isn’t for everyone. It’s important to talk to other people who own properties. Bounce your purchasing ideas off another investor, read books and go to the local real estate investment clubs. The more education the better decisions an investor makes along the way.
This is a great article on the rise of Luxury Home Values in the 3rd quarter of this year.
SAN FRANCISCO, Nov 28, 2011 (BUSINESS WIRE) -- Luxury home values rose in Los Angeles, San Diego and San Francisco in the third quarter of 2011 compared to the second quarter, according to the First Republic Prestige Home Index(TM) by First Republic Bank, a leading private bank and wealth management company.
In the quarter ended Sept. 30, 2011, the Index indicated the following:
-- Los Angeles area values rose 0.7% from the second quarter of 2011 and increased 2.5% from the third quarter a year ago. The average luxury home in Los Angeles is now $2.01 million.
-- San Diego area values increased 1.1% from the second quarter and fell 3.9% year-over-year. The average luxury home in San Diego is now $1.63 million.
-- San Francisco Bay Area values climbed 1% from the second quarter and declined 1.4% from a year ago. The average luxury home in San Francisco is now $2.53 million.
"Luxury home prices in many California communities increased due to low inventories, low interest rates, and home prices that have declined over the past few years. This has improved the economics of investing in residential real estate," said Katherine August-deWilde, President and Chief Operating Officer of First Republic Bank. "All three major metropolitan areas in California experienced gains in home prices in the third quarter, which is the first time that has occurred since the fourth quarter of 2010."
First Republic Bank produces the Prestige Home Index each quarter with Fiserv CSW Inc., a leading provider of automated property valuation services and home price metrics to U.S. financial institutions. Historical results of the Index, which has tracked luxury homes since 1985, are accessible at www.firstrepublic.com . First Republic Bank is an active lender in the luxury home market for primary residences and vacation homes.
Los Angeles Area Values
In Los Angeles, values have increased in three of the past four quarters. The highest end of the luxury market appeared to be the most robust, agents said.
"For homes priced at $5 million and up, the market remains active," said Jane Brill Graven of Coldwell Banker Beverly Hills East. "There are well-qualified buyers who are looking for properties at the very top end and they have the upper hand. Owners are having to reduce prices to where the market is."
Along the beach communities, the market was largely unchanged from a year ago. "If we had more and better product, we would have had more transactions in the past 12 months," said Barry Host of South Bay Brokers in Manhattan Beach. "Buyers with money are out there, but there is also a lot of uncertainty. Unless the news starts to settle, the market will continue to bump along."
San Diego Area Values
San Diego prices turned positive again after declining in the first half of 2011.
Despite the modest quarterly increase, luxury home prices remain soft, and many buyers remain uncertain. "We are very busy, but every single deal is a major struggle," said Lucy Kelts of Prudential California Realty in Rancho Santa Fe. "You have to talk realistically with sellers up front. We're not going to get out of this mess until the jobless rate goes down by half."
Greg Noonan of Prudential California Realty in La Jolla said the lower end of the luxury market was picking up. "I'm seeing a bit of pent up demand in the $1.5 million to $3 million range. At $4 million and above, it is a fairly soft market. Buyers are being extremely aggressive in their thinking about price. If a property is on the market for $4 million, buyers want to pay $3.5 million to build in some downside protection."
San Francisco Bay Area Values
In San Francisco and Silicon Valley, the luxury market is strong due to technology-driven wealth creation, lower interest rates and lower home prices. The market also benefitted from higher rents, which further enhances the attractiveness of residential real estate as an investment.
"The higher end market has been pretty strong," said Hugh Cornish of Coldwell Banker in Menlo Park. "There has been less inventory in the higher end and more from $2.5 million to $5 million. Palo Alto has been the strongest market, followed by Menlo Park and Atherton. We are seeing multiple offers, but not for every property."
In San Francisco, the higher end of the luxury market was active. "Above $5 million, the market is healthy," said Mary Lou Castellanos of Sotheby's International Realty. "Smart money is buying now and is taking advantage of lower prices and lower interest rates. At the same time, a growing number of sellers are getting more realistic about price."
In the Wine Country, a number of high-dollar sales have taken place over the past few months. "We're seeing a real surge in the upper end of the market," said Jim Perry of Pacific Union in St. Helena. "People have been waiting on the sidelines. With interest rates so low and prices down, that's hard to pass up."
About The First Republic Prestige Home Index
The First Republic Prestige Home Index(TM) is the first statistical model of its kind customized to measure changes in homes valued at more than $1 million in key California urban markets. Some common features of luxury homes in the Index: 3,000 to 6,000 square feet, three to six bedrooms, and three to six bathrooms. San Francisco Bay Area properties include a cross-section of luxury homes in Alamo, Atherton, Belvedere, Danville, Healdsburg, Hillsborough, Lafayette, Los Altos, Los Gatos, Mill Valley, Moraga, Orinda, Palo Alto, Piedmont, Portola Valley, Ross, St. Helena, San Francisco, Saratoga, Sonoma, Tiburon and Woodside. Properties in Los Angeles represent a cross-section of luxury homes in Arcadia, Beverly Hills, Calabasas, La Canada Flintridge, Encino, Los Angeles, Malibu, Marina del Rey, North Hollywood, Pacific Palisades, Pasadena, Playa del Rey, Santa Monica, Studio City and the West Los Angeles enclaves of Bel Air, Brentwood and Westwood. San Diego properties represent a cross-section of luxury homes in Carlsbad, Coronado, Del Mar, Encinitas, La Jolla, La Mesa, Poway, Rancho Santa Fe, San Diego and Solana Beach. In producing the Index, Fiserv CSW Inc. draws upon its economic database and years of experience in tracking single-family home values; collects and cross-checks data from multiple sources; achieves a weighted balance of validation elements such as repeat sales, comparable sales, and physical home characteristics; and combines this with First Republic's extensive local market knowledge.
About First Republic Bank
First Republic Bank /quotes/zigman/2803861/quotes/nls/frc FRC +0.07% and its subsidiaries provide private banking, private business banking and private wealth management. Founded in 1985, First Republic specializes in exceptional, relationship-based service offered through preferred banking or wealth management offices primarily in San Francisco, Palo Alto, Los Angeles, Santa Barbara, Newport Beach, San Diego, Portland, Boston, Greenwich and New York City. First Republic offers a complete line of banking products for individuals and businesses, including deposit services, as well as residential, commercial and personal loans. First Republic is a component of the S&P Total Market Index, the Wilshire 5000 Total Market Index(SM), the Russell 1000(R), Russell 3000(R) and Russell Global indices and six Dow Jones indices.
About First Republic Private Wealth Management
First Republic Private Wealth Management is the investment management, trust and brokerage group of First Republic Bank. First Republic Private Wealth Management offers objective advice and fully customized solutions with the same level of exceptional client service that has been the hallmark of First Republic Bank for more than 25 years. First Republic has the flexibility to provide individuals, families, businesses, endowments, schools and non-profit organizations with appropriate choices that responsibly meet a client's specific investment objectives. Securities Products and Services are offered by First Republic Securities Company, LLC - Member FINRA/SIPC. First Republic Securities Company and First Republic Investment Management are wholly owned subsidiaries of First Republic Bank. Unless otherwise disclosed, investments through First Republic Investment Management and First Republic Securities Company, LLC are not FDIC-insured, not bank guaranteed and may lose value.
SOURCE: First Republic Bank
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Although the holidays are coming to an end, that doesn't mean the exciting events are! Here is an exciting outing near your La Jolla Home!
Whale watching season began on Monday down at the Harbor. Birch Aquarium at Scripps is sponsoring daily rides out to the ocean to catch some spectacular view of the majestic gray whale.
Those who want to capture the awe of this giant, underwater mammal can choose from twice-daily tours that run through the spring. Scripps naturalists are taking people out on cruises for whale watching adventures on vessels from Flagship Cruises and Events out to the Baja breeding grounds of gray whales.
Guests aboard the ships will get an up-close look at the animals and learn about their habits and migration. Gray whales are baleen whales, which means instead of teeth, their jaw has bristle-like material that catches microscopic plankton. Though their diet consists of some of the tiniest creatures, gray whales can weigh more than 35 tons be more than 50 feet in length, making them the longest mammal in the world.
According to the Birch Aquarium website, about 20,000 gray whales pass through San Diego on their annual 10,000-mile round-trip journey from the Bering Sea to the lagoons of Baja California. You'll be able to see some of them on their journey at these special whale watchings.
Make sure you bring warm clothing and binoculars to your cruise. The adventures ship out twice daily, one from 9:45 a.m. to 1:15 p.m. and another from 1:30 to 5 p.m., departing from the San Diego Bay at 1050 N. Harbor Dr. Tickets cost $35 weekdays and $40 weekends, but members of the aquarium pay just $30. Kids 4-12 cost $17.50 during the week and $20 on the weekends. Seniors and military with ID cost $30 on the weekdays and $35 on the weekends.
Reserve yourself a spot by calling 619-234-4111 or visiting the cruise line that conducts the whale watching at their website.
Information courtesy of www.LaJollaPatch.com