San Diego, CA

San Diego weekly real estate update

Published

3 years ago

April 27, 2022

In response to the Mortgage Bankers Affiliation, mortgage functions are down 5% since final week. With mortgage charges rising and median residence costs trending in the identical route the declining pattern in residence gross sales (down 4.5% yr over yr) seems to proceed. As of March 2022, the Nationwide Affiliation of Realtors has discovered that median residence costs have gone up 15% yr over yr, leaping as much as $375,300. Rising rates of interest mixed with a low stock of houses has put a wrench within the hope of patrons all throughout the U.S.

Freddie Mac this week reported that the common mortgage price for a 30-year mounted mortgage hit 5.11% That is solely a 0.11% rise from final week. Nonetheless, persevering with price will increase appear to be placing a pin in many individuals’s ambitions for homeownership.

“Ongoing considerations about speedy inflation and tighter U.S. financial coverage continued to push Treasury yields increased, driving mortgage charges to their highest stage in over a decade. Charges elevated throughout the board for all mortgage sorts, with the 30-year mounted price hitting [nearly] 5.2%, the very best stage since 2010,” stated Joel Kan, MBA’s Affiliate Vice President of Financial and Trade Forecasting.

That will help you keep present available on the market, ZeroDown compiled a weekly actual property market report utilizing information from Redfin. Statistics are as of the 4 weeks ending April 17, 2022. Metros with greater than 50 houses offered throughout this time interval had been thought of for metro-level rankings for every statistic.

Median gross sales value

San Diego, CA metro space:
– Median gross sales value: $863,750
– One-year change: +18.8%

Metros with highest median gross sales value
#1. San Francisco, CA metro space: $1.6 million
#2. San Jose, CA metro space: $1.6 million
#3. Santa Cruz, CA metro space: $1.4 million

Metros with lowest median gross sales value
#1. Cumberland, MD metro space: $115,350
#2. Saginaw, MI metro space: $126,788
#3. Springfield, OH metro space: $133,000

Median gross sales value per sq. foot

San Diego, CA metro space:
– Median gross sales value per sq. foot: $584
– One-year change: +25.1%

Metros with highest median gross sales value per sq. foot
#1. San Francisco, CA metro space: $1,122
#2. San Jose, CA metro space: $957
#3. Kahului, HI metro space: $927

Metros with lowest median gross sales value per sq. foot
#1. Cumberland, MD metro space: $74
#2. Pine Bluff, AR metro space: $83
#3. Saginaw, MI metro space: $93

Gross sales to record value ratio

San Diego, CA metro space:
– Common gross sales to record value ratio: 1.06
– One-year change: +0.03

Metros with highest gross sales to record value ratio
#1. Oakland, CA metro space: 1.15
#2. San Jose, CA metro space: 1.14
#3. San Francisco, CA metro space: 1.13

Metros with lowest gross sales to record value ratio
#1. Cumberland, MD metro space: 0.97
#2. Utica, NY metro space: 0.97
#3. Gadsden, AL metro space: 0.98

Houses offered with value drops

San Diego, CA metro space:
– Houses offered with value drops: 6.4%
– One-year change: -1.3%

Metros with most houses offered with value drops
#1. Watertown, NY metro space: 34.1%
#2. Cumberland, MD metro space: 31.3%
#3. New York, NY metro space: 30.6%

Metros with least houses offered with value drop
#1. Crestview, FL metro space: 0.4%
#2. Seattle, WA metro space: 3.4%
#3. San Jose, CA metro space: 3.6%

Off market in two weeks

San Diego, CA metro space:
– Off market in two weeks: 75.4%
– One-year change: +5.3%

Metros with probably the most houses off market in two weeks
#1. Seattle, WA metro space: 90.7%
#2. Olympia, WA metro space: 89.2%
#3. Rochester, NY metro space: 88.3%

Metros with the least houses off market in two weeks
#1. City Honolulu, HI metro space: 3.2%
#2. Appleton, WI metro space: 4.6%
#3. Oshkosh, WI metro space: 6.5%

Months of provide

San Diego, CA metro space:
– Months of provide: 3.8 months
– One-year change: -0.9 months

Metros with probably the most months of provide
#1. Atlantic Metropolis, NJ metro space: 18.5 months
#2. McAllen, TX metro space: 17.8 months
#3. New York, NY metro space: 17.4 months

Metros with least months of provide
#1. Lewiston, ME metro space: 2.2 months
#2. Portland, ME metro space: 2.9 months
#3. Olympia, WA metro space: 3.1 monthsThis story initially appeared on ZeroDown and was produced and distributed in partnership with Stacker Studio.

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San Diego, CA

Paul Henning

Published

8 hours ago

November 27, 2024

Press Room

Paul Henning

OBITUARY

Paul Robert Henning, of Pine Valley, CA was born in Santa Ana, CA to Urban J. and Loverna M. (Felling) Henning. He attended George Washington elementary, McFadden Jr. High, and Sana Ana Valley High where he earned enough credits to graduate early as he was such an exceptional student. He matriculated at the University of California at San Diego, earning a Bachelor’s Degree in Political Science. During a summer break he went to Berlin, Germany as an exchange student. Always eager to learn, he became fluent in German, Spanish and also becoming conversant in French. His insatiable appetite for learning continued throughout his life.

After graduation Paul worked a couple different jobs. In 1987 he began a 29-year career with U.S. Customs – starting as an Inspector at the San Ysidro Port of Entry and ultimately promoting to Assistant Director of Field Operations for Border Security in the San Diego District.

Paul had many hobbies, including genealogy (he extensively researched his family tree which has over 4,700 ancestors), writing (he authored a book titled “Rosalia” that was based on his ancestor’s immigration from Germany to the U.S. in the 1800’s) and he was an avid reader. He enjoyed snorkeling, swimming, skiing, and especially hiking. He also loved his house in the mountains at Pine Valley, CA.

In 1982 Paul met his partner, Craig, and they began a life journey together that lasted almost 42 years until his death. They were married in 2014. Paul is survived by his husband, Craig Everett, sister Deborah Verplancke of Prescott, AZ, brother Robin Henning of Orange County, CA, two nieces: Kristin Stahr of Havasu City, AZ and Melanie Jackson of Lake Forest, CA; grand-nephew, Jacob Jackson and grand-niece, Hailey Jackson. He also leaves behind a large extended family.

Paul was a unique and special person who touched the lives of everyone who knew him. There will be a graveside service for Paul at the Santa Barbara Cemetery on Wednesday, November 27, 2024 at 10:00 am.

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San Diego, CA

Non-profit brings hope and warmth to San Diego's homeless ahead of holidays

Published

15 hours ago

November 26, 2024

Press Room

Non-profit brings hope and warmth to San Diego's homeless ahead of holidays

The holiday season can be particularly tough for those experiencing homelessness, as colder temperatures and feelings of isolation set in. But for many in San Diego, Uptown Community Service Center offers warmth, hope, and essential support.

This week, the center hosted a Thanksgiving distribution.

“I’ve seen amazing things go down over here,” said Bonnie, a volunteer who has personally experienced homelessness on and off for the past five years.

“I love helping people. That’s my life,” she shared. “We give life, we give food, we give happiness and love.”

At their new location in City Heights, Uptown Community Service Center serves as a lifeline for many, operating Monday through Friday from 10 a.m. to 1 p.m. It provides necessities like winter clothing and toiletries, along with resources aimed at helping individuals get back on their feet.

“People in California don’t realize how cold they can get over here,” added Bonnie.

Each year, Uptown assists more than 2,000 San Diegans.

As the holidays approach, Uptown Community Service Center encourages donations to help those in need. Items like socks, underwear, winter clothing, and toiletries can make a significant impact on the lives of those they serve.

For more information or to learn how you can help, visit Uptown Community Service Center’s websiteor stop by their City Heights location.

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San Diego, CA

One of FBI’s most wanted ‘terrorists’ arrested in Wales: Daniel San Diego found after more than 20 years on the run for ‘bombings in San Francisco’

Published

23 hours ago

November 26, 2024

Press Room

One of FBI’s most wanted ‘terrorists’ arrested in Wales: Daniel San Diego found after more than 20 years on the run for ‘bombings in San Francisco’

Do YOU know ‘Daniel San Diego’ from his time in Wales? Contact shannon.mcguigan@mailonline.co.uk

By SHANNON MCGUIGAN

Published: 18:04 GMT, 26 November 2024 | Updated: 19:12 GMT, 26 November 2024

One of the FBI’s most wanted fugitives has been arrested in North Wales after being on the run for over two decades, according to the US intelligence agency.

Daniel Andreas San Diego, 46, was among the FBI’s ‘most wanted terrorists’ following two bombings in the area of San Francisco, California, in August 2003.

Two bombs detonated on an Emeryville campus – a biotechnology corporation – an hour apart in the summer of that year, Sky reports.

The following September, a bomb wrapped in nails blew up at a nutritional products corporation in Pleasanton, however no one was injured, according to the bureau.

The US intelligence agency issued a warrant for San Diego’s arrest in October 2003, however he vanished before he could be taken into custody.

The National Crime Agency alongside North Wales Police apprehended the 46-year-old on Monday near Conwy in North Wales.

It is believed that he was arrested at a property located in a rural area near a forest

According to his FBI most wanted profile, San Diego reportedly has links to ‘animal rights extremist groups’, with the alleged terrorist was known to possess a handgun.

There was also a reward of $250,000 (£199,000) on offer for details leading to his arrest.

Daniel Andreas San Diego, 46, (Pictured) was among the FBI’s ‘most wanted terrorists’ following two bombings in the area of San Francisco in August 2003

The National Crime Agency – the UK’s law enforcement agency – alongside the North Wales Police and the Counter Terrorism Policing apprehended Mr San Diego on Monday near Conwy

He has been allegedly linked to a bombing in Emeryville at a biotechnology corporation (Pictured in 2003)

In September 2003, a bomb wrapped in nails blew up at a nutritional products corporation in Pleasanton, however no one was injured, according to the FBI (Pictured: Emergency response in Emeryville in 2003)

It is believed Mr San Diego at links to ‘animal rights extremist groups’ according to the FBI (Pictured: Emergency services in Emeryville in 2003)

There was also a reward of $250,000 (£199,000) on offer for details leading to his arrest, as the alleged terrorist was known to possess a handgun (Pictured: The biotech firm in California)

On Tuesday, he appeared at Westminster Magistrates’ Court as the procedure for his extradition to face charges in the US starts.

San Diego was known to follow a vegan diet and would not eat meat or food containing animal products, according to his FBI most wanted profile. .

FBI Director Christopher Wray said: ‘There’s a right way and a wrong way to express your views in our country, and turning to violence and destruction of property is not the right way.’

‘Daniel San Diego’s arrest after more than 20 years… shows that no matter how long it takes, the FBI will find you and hold you accountable.’

An NCA spokesperson said: ‘On Monday 25 November 2024, officers from the National Crime Agency, supported by colleagues from Counter Terrorism Policing and North Wales Police, arrested Daniel Andreas San Diego, aged 46, in the Conwy area of Wales, at the request of the US authorities.

‘He appeared at Westminster Magistrates Court today (26 November) as extradition proceedings began. He was remanded in custody.’

This is a breaking news story. Updates to follow.