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San Diego: It’s a sellers market but not enough homes for buyers

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San Diego: It’s a sellers market but not enough homes for buyers


Consultants say dwelling costs will doubtless proceed to climb, particularly in San Diego the place there’s not sufficient properties on the market.

SAN DIEGO — It is a vendor’s market in San Diego and it’s could possibly be staying that approach for some time in response to specialists. Even with rates of interest on the rise, dwelling and rental costs are doubtless not going to go down.

“You could have this many patrons and also you solely have this many homes,” stated Tina Balch. 

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Balch is a realtor with Large Block Realty and says San Diego is a market the place individuals will do no matter it takes to purchase a house.

“Proper now we’re common 4.25 between 4.75 for a 30 yr repair for a single household dwelling, when you’re getting a rental, there’s a success for a rental. It’s rather more dangerous for a lender. Rental charges are increased we simply locked a fee that’s nearly 6%,” stated Balch. 

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At the moment, the price of a 30 yr mortgage on a typical U.S. dwelling is almost 20 p.c increased than it was simply three months in the past.

Consultants say costs will doubtless proceed to climb, particularly in San Diego the place there’s not sufficient properties on the market.

Economics and finance professor at College of California San Diego, Allan Timmerman says shocks to the financial system, such because the pandemic and battle in Ukraine, have brought about inflation to soar.

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“The fed is debating learn how to get in management with rampant inflation at 8.5%,” stated Timmerman. He says the federal reserve is making an attempt to mitigate the excessive inflation with increased rates of interest.

“The fed may have to slam the brakes more durable than they want to as a result of once they do there’s at all times a hazard of the financial system hitting a recessionary spell,” stated Timmerman.

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Even with if a recession had been to occur, Balch says it’s unlikely dwelling costs will transfer.

Worth cuts will solely occur if a lot of individuals can now not afford at this time’s costs, forcing sellers to regulate their expectations.

WATCH Lease throughout San Diego County will increase, up 82% for 3-bedroom unit in Encinitas (April 2022).

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San Diego, CA

Icon Heroes San Diego Comic-Con 2023 Exclusives [UPDATE July 1]

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Icon Heroes San Diego Comic-Con 2023 Exclusives [UPDATE July 1]


Icon Heroes will be back at San Diego Comic-Con again this year, at Booth #3245. They always have an exciting array of licenses, including Zoo Jitsu  FightersFor All Mankind, and more.

Visit the booth to score a free preview comic, collector pins, and character posters for Zoo Jitsu Fighters.

[UPDATE July 1]

Up first, Icon Heroes showed off Tiago the Tigter, presumably one of the character posters they’ll be giving away at the con.

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'Power of Porsche' exhibit comes to San Diego Automotive Museum

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'Power of Porsche' exhibit comes to San Diego Automotive Museum


SAN DIEGO (KGTV) — To celebrate the arrival of a new exhibit at the San Diego Automotive Museum highlighting the history of the Porsche, car enthusiasts gathered at Balboa Park on Sunday for a “Cars and Conversation” event.

The exhibit will be on display in the museum until Aug. 4.

Watch the video at the top of this page to see the beauties that were on display Sunday.





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JYK All Day San Diego Comic-Con 2024 Exclusives [UPDATE July 1]

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JYK All Day San Diego Comic-Con 2024 Exclusives [UPDATE July 1]


Artist Artist Jin Yung Kim, otherwise known as JYK All Day, is back at San Diego Comic-Con this year with all new prints, originals, and more, spanning many of your favorite fandoms. You can find him at #CC-08 in Artists Alley, so be sure to stop by to check out his offerings.

Best of all, those who purchase will receive a free 3″ sticker with purchase, while supplies last. 

[UPDATE July 1]

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Jin Yung Kim (JYK All Day) is starting off July with a roar. He’s created a brand new Voltron print for San Diego Comic-Con that you’ll be able to pick up in Artists Alley at booth #CC-08. Prints are 11″ x 14″ and will be $20.

[UPDATE June 28]

Prepare to roll out for JYK All Day’s latest creation. His limited edition “Elite Dino Warriors” is a ferociously fun print, measuring 11″x14″. It’s limited to just 84 pieces, and will be available for $30 each at #CC-08 in Artists Alley.

[UPDATE June 22]

JYK All Day is introducing another in his “Pop Wagons” series at San Diego Comic-Con 2024 and it’s all in honor of Akira Toriyama, creator of Dragon Ball and designer of Chrono Trigger, Dragon Quest and many other beloved projects. Toriyama passed away in March of 2024.

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You’ll be able to pick up “Ink Bucket” from booth # CC-08 in Artists Alley as a 9″ x 12″ Color Variant for $15, or “Ink Bucket Manga Variant,” a black and white variant limited to 30 copies for $20.

[UPDATE June 12]

JYK All Day has some x-citing news for attendees — his latest “Pop Wagons” piece is rolling into San Diego Comic-Con, with some super-sized riders. The series is JYK All Day’s spin on food trucks, each with a pop culture theme. In this iteration, the “X-Diner“, your favorite mutants are serving up some super-powered gumbo and more.

You can pick up the 9″x12″ print for $15 at Booth #CC-08 in Artists Alley, or on his site beginning Friday, June 14 at 10am PT in an online pre-order.

[UPDATE June 10]

Get “stuck” on JYK’s latest stickers, which will be dropping during the con. You can pick up 3″ stickers for either Red Hunter Z or Bomber EX for $3 each.

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[UPDATE June 5]

2024 marks the 40th anniversary of Kevin Eastman and Peter Laird’s totally tubular, iconic creation, Teenage Mutant Ninja Turtles. JYK All Day is shell-ebrating with a new print, “Brothers in Spirit”. The 11″x14″ print is available in two options — a regular, full color option for $20, and a Sketch Series Variant which features hand embellishments, so each print is unique in some way. There will be a low run on the variant available for $45.

Pre-orders for both will be launching on Friday, June 7 at 10am PT. Use code PICKUP if you’d like to pick-up at the convention.



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