Once upon a time Carlsbad was a sleepy little beachside town, but now big money is taking over. Here’s a tour of projects being discussed on the street:
Rob Dawg’s neighborhood! Hat tip to Eddie89 for sending this in:
Surf, sun and year-round moderate temperatures can sometimes come at a cost.
With a reputation as one of the most expensive states in the U.S., California (thankfully) still has some economically sound places to reside – if you know where to look.
Just to be clear: We didn’t just create this list based solely on the cheapest places to live. The cost of living was part of our methodology, but so was the quality of life, as well as the key components of transportation, housing, food and utilities.
Here are the 5 most affordable cities in California:
- Simi Valley
About an hour north of Los Angeles, Oxnard offers beachfront living at an affordable price.
The median household income here is $62,349 with median home value settling at $332,600, which is actually a great deal for California real estate.
Golf, winery visits and strolls on Mandalay Beach are all part of living in Oxnard.
With fertile agricultural land surrounding the city, many crops grow in the region. But Oxnard is most famous for its strawberries, with the popular California Strawberry Festival held here each year.
The city has the nickname of the “Gateway to the Channel Islands,” a nearby national park and marine sanctuary.Link to Full Article
If you’d like to contribute to the Chabad of Poway in hopes of finding solutions to the senseless violence that plagues our society, click here:Link to Donation Page
What’s the answer?
Let’s start by interviewing the murderers in jail and have them reflect on how stupid it was to throw their life away, and then share that with the kids.
This is a real estate blog, and I’m going to plow ahead. Let’s keep living!
Here’s a fascinating example of the current market conditions between La Jolla and Carlsbad, and it shows that it’s not just about price.
Today there are 62% more homes for sale priced under $1,000,000 than there were last year – you can buy a cheaper home! But buyers want quality – look at how the average list-price-per-sf of the pendings relates to the actives:
NSDCC Actives vs. Pendings
This is why pricing will likely plateau – people are willing to pay these prices if they can just get a suitable home. They are making their decisions based on location, condition, and schools, and are willing to pass on inferior homes even though they could save some money.
Buyers are decisive too, and are willing to act when they see the right fit. Look at how the average days-on-market compares:
NSDCC Actives vs. Pendings
The higher-end buyers are being very deliberate, but the rest are acting!
Those who lived around Los Angeles in the 1970s will enjoy this link:
From the Reader:Link to Full Article
Hat tip to Eliana for sending this in!
Back in July 1978 the average home price in San Diego was $73,000. That may sound inexpensive but that was still $22,000 higher than the national average at the time! La Jolla was much higher and you couldn’t find much for under $150,000. Scripps Ranch average was between $90,000-$100,000, Mira Mesa ranged between $55,000-$100,000, and the newer community of Rancho Penasquitos average was $75,000. Chula Vista had some good buys and Imperial Beach averaged about the same as the city of San Diego. In this three part series, Dave Cohen interviews century 21 realtor Jay Meetze on the housing market in the summer of ’78.
The C.A.R. sent out this paper that reviews the current housing dilemma, which boils down to having to improve zoning regulations to facilitate more/better infill projects because the more-mature cities are out of land for the most part. She also included this:
However, the paper also offers evidence that cities can use their control over the development process to limit access to housing, sometimes in problematic ways. The finding that less housing is built in cities with both higher homeownership rates and White populations is sadly consistent with existing research on NIMBY opposition to local housing development (Lewis & Baldassare, 2010; Scally & Tighe, 2015; Whittemore & BenDor, 2018). These studies examined opposition to building multifamily or affordable housing; it is striking that in this study cities with more homeowners and larger white populations had less single-family development. This finding serves as yet another warning that racial exclusion from White communities continues to limit housing opportunities for people of color.Link to Full Report
Unfortunately, there was a collision at the gliderport yesterday where two people died. Here’s what it’s like flying one, with a view of La Jolla Farms:
Hat tip to bode for sending this in:
Hat tip to Eddie89 for sending in this Forbes article that declares San Diego to be one of the Top 14 destinations this year – and this was before Manny mania!
For a destination to officially be having “a moment,” it needs more going for it than mere festivals or a few restaurant openings. The city has to be experiencing a shift in the way it looks and feels.
Maybe it’s posturing itself as a new cultural mecca with gallery or museum openings. It could be establishing itself on the epicurean radar with fresh food halls or eateries from top-notch chefs.
Those are the things that caught our Forbes Travel Guide editors’ eyes with the following cities. Some are traditional hot spots that somehow keep reinventing themselves. Others are new stops prepping for their first time in the spotlight. All are having monumental moments that are worthy of a visit in 2019.Link to Article