Mid-Century Modern For Sale

The homeowner/agent Keith has been running a great blog for years now on mid-century modern homes around San Diego – I appreciate fellow bloggers!

http://www.modernsandiego.com/

From the MLS:

Widely published, the Bobertz House by Craig Ellwood & Associates has been recognized as one of the most important post-War residential designs in all of San Diego County. For sale publicly for the first time since 1967, The Bobertz House has been documented throughout its path to restoration. A likely candidate for Historic Designation and The Mills Act, this home uniquely defines Southern California indoor-outdoor living. This home speaks to those longing to recapture mid-century modern living.

More photos here:

https://www.zillow.com/homedetails/5503-Dorothy-Dr-San-Diego-CA-92115/52518067_zpid/

Asking price is $800,000.

Trendy Tuesday By Kayla

Pro Designers’ 14 Decor Pet Peeves

Elle Decor featured an article that I thought I would share! We always like to get ideas from Pinterest, interior designer’s blogs, Instagram, etc. to make our home not only “homey” but TRENDY! But there are times when we think we are pro designers (when we totally are not) and tend to over-design.

Here is the full article below:

http://www.elledecor.com/design-decorate/g3419/pro-designers-pet-peeves/?src=arb_fb_d&mag=eld&dom=fb

These were my top 5:

1. Matching art to decor – I am totally guilty of this one. I have matched my entire bedroom to my wall art… that is a major no-no. I now like to have muted tones for my furniture and then have the art and decor be pops of color.

2. Poorly positioned art – I think everyone can agree on this. There is nothing worse when you have to look up (and eventually get a crick in your neck) at art. Same with the TV! No one wants to watch a movie when that requires you to lift your head for 2 hours.

3. Too many open shelves – This just stresses me out. It’s nice to have some doors to hide the chaos especially in the kitchen – I don’t have enough time to straighten out all my mugs, cups, wine glasses, etc! Plus I’m not sure if we need to show off my souvenir mug I got from Disneyland ten years ago…

4. Skimpy curtains – This honestly reminds me of a fraternity house. Believe it or not, there are people that have curtains too short for their window! The designer Natalie Kraiem (http://www.nataliekraiem.com/) prefers to have them hang an extra inch or two longer. She also likes to hang the rods or tracks below the crown molding to make the ceilings appear taller.

5. Too much clutter – Less is definitely more. I love to accessorize the wall decor, but sometimes one larger item is better than tons of mini items.

What are your decorating pet peeves?

San Diego Case-Shiller Index, May

The fifth strong month in a row – our index is going up almost 1% per month:

San Diego Non-Seasonally-Adjusted CSI changes:

Month
CSI-SD
M-o-M chg
Y-o-Y chg
December
203.45
-0.3%
+5.0%
January ’15
204.67
+0.6%
+5.0%
February
205.94
+0.6%
+4.6%
March
208.52
+1.2%
+4.6%
April
209.78
+0.6%
+4.5%
May
211.57
+0.9%
+4.8%
June
212.09
+0.3%
+4.6%
July
214.58
+1.1%
+5.4%
August
215.34
+0.3%
+5.9%
September
216.48
+0.6%
+6.6%
October
215.62
-0.3%
+6.2%
November
216.35
+0.3%
+6.0%
December
217.67
+0.7%
+7.2%
January ’16
218.79
+0.4%
+6.9%
February
219.00
+0.1%
+6.4%
March
221.34
+1.0%
+6.2%
April
222.99
+0.8%
+6.3%
May
225.10
+0.9%
+6.4%
June
226.10
+0.3%
+6.4%
July
227.53
+0.6%
+6.0%
August
227.86
+0.1%
+5.8%
September
227.98
+0.1%
+5.3%
October
228.34
+0.2%
+5.9%
November
228.89
+0.2%
+5.8%
December
229.41
+0.2%
+5.4%
January ’17
231.21
+0.8%
+5.7%
February
233.31
+0.9%
+6.5%
March
235.61
+1.0%
+6.4%
April
237.59
+0.9%
+6.6%
May
239.84
+0.9%
+6.5%

The highest reading of the San Diego NSA CSI was 250.34 in November, 2005.

The most-recent low point was 144.43 in April, 2009.

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Answers for the Homeless

Bye-bye Chargers – let’s turn their practice field into a homeless camp!

LINK

SAN DIEGO (KGTV)–Creating a quick, temporary respite for San Diego’s homeless population at Qualcomm Stadium was at the forefront of today’s meeting of the San Diego City Council’s Select Committee on Homelessness.

Committee chair and City Councilmember Christopher Ward, who represents the third district, presented options including:

  • Temporary housing at Golden Hall downtown
  • Temporary housing at Qualcomm Stadium practice field
  • Expanding outreach efforts
  • Creating more places in city-controlled facilities where people who live in their cars can spend the night

“One of the big barriers people have from getting off the streets today is that their stuff is on the streets,” Ward said. “So trying to go interview with the Housing Council or seek health assistance or do a job interview, they don’t want to leave their stuff. We don’t have enough storage and that’s something the city can provide.”

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Mortgage-Interest Deduction

The Wall Street Journal published this article about the mortgage-interest deduction having little – or no – impact on the decisions made by homebuyers:

LINK

Of course, the N.A.R., who is beholden to our lobbyists, refuses to consider any changes.  The N.A.R. spent $64,821,111 last year on lobbying – we should quit paying them and spend that money on a rocking real estate portal that benefits all realtors!

Instead, our beleaguered president shuffled up to the podium one more time to vomit the usual beliefs, whether true or not:

The mortgage interest deduction, backed by the influential nationwide lobbying of real-estate agents and home builders warning against precipitous price drops, has survived decades of attacks and is extremely unlikely to vanish this year.

William Brown, president of the National Association of Realtors, said that removing incentives for homeownership, including the mortgage interest deduction, would be a mistake.

“Studies comparing our housing market to that of a foreign country offer an apples-to-oranges scenario that often isn’t constructive,” Mr. Brown said in a statement. “What we know for sure is that home values would suffer if the mortgage interest deduction disappeared, potentially putting homeowners under water.”

Curbing the deduction would give cash buyers an advantage, said Robert Dietz, chief economist at the National Association of Home Builders.

President Donald Trump has promised to protect the mortgage interest deduction. But even under the plans from Mr. Trump and congressional Republicans, the deduction could lose some of its punch.

With mortgage rates so low, the actual benefit isn’t what it used to be. In addition, wouldn’t rising rents and getting rich quick be bigger motivators than the MID?  Have you noticed that you never hear banks arguing for the MID?

Inventory Watch

We’re rolling into the real estate’s dog days of summer, where the listings that missed the selling season need to adjust sharply on price to help cause a sale.

Percentage change in the active inventory since the first week of April:

0-$800,000: +8% (26 to 28 listings)

$800,000 – $1,400,000: +26%

$1,400,000 – $2,400,000: +16%

Over $2,400,000: +15%

Plenty of choices available for buyers!

Tomorrow is the latest Case-Shiller Index.

(more…)

Woody

We’ve talked about how long-time owners are finally giving up their estate, and how the houses tend to need a full remodel.  But every once in a while you see one with unique style and flair that they might be better left alone.

This one sold last month for full price, $1,800,000:

The MLS says $1,800,000, but the tax rolls says $1,785,000.

http://www.sdlookup.com/Pictures-170022103

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