New Senior Homes in SD

Ok, ok you want to downsize but you don’t want to bake in the desert – plus you like living in San Diego. Aren’t there any newer, smaller choices around here?

Lennar has purchased three local golf courses and are on their way to building them out. The development of the Carmel Mountain Ranch golf course off the I-15 freeway (above) faced some resistance from the locals, but they beat that back and a gated senior community is now underway.

The Junipers is a senior community (55+) in Rancho Penasquitos and will include a mix of 455 single-family detached-homes and townhouses for sale. There will also be 81 attached homes for rent for low-income seniors households. It will include a 2.87-acre public park and a 2.82-acre loop trail.

Pricing isn’t out in the open but I’m guessing it starts just under a million.



Another new-home development is called the Farm, and it’s right off Rancho Bernardo Road. It isn’t solely for seniors, but they have a couple of one-story plans.  Here’s a quick tour of their 2,500sf one-story home under construction:

Robot-Made Homes

For those who wouldn’t mind moving to Arizona if you could find a brand-new home for less than $300,000, you should check out this new-home tract in Casa Grande.

It’s called part of the Phoenix Metro area, but if you’re going to central Pho-town, you better pack a lunch. P.S. They need to come up with a better name than ‘printed’ homes – it sounds like you are making them out of paper, not concrete poured by a ‘full-stack automated robotic assembly’.


Where They Moved

For those who have moved in the last three years, Texas, Florida, and Tennessee have been popular destinations – with North Carolina making a surge last year. Here are things to know about moving there!

NAR 2023 Forecast Summit

WASHINGTON (December 13, 2022) – Lawrence Yun, NAR chief economist and senior vice president of research, forecasts that 4.78 million existing homes will be sold, prices will remain stable, and Atlanta will be the top real estate market to watch in 2023 and beyond. Yun unveiled the association’s forecast today during NAR’s fourth annual year-end Real Estate Forecast Summit.

Yun predicts home sales will decline by 6.8% compared to 2022 (5.13 million) and the median home price will reach $385,800 – an increase of just 0.3% from this year ($384,500).

“Half of the country may experience small price gains, while the other half may see slight price declines,” Yun said. “However, markets in California may be the exception, with San Francisco, for example, likely to register price drops of 10–15%.”


San Diego is #97

Realtor.com is forecasting that the San Diego-Carlsbad metro area will have prices dropping 27% in 2023, but also conclude that fewer sales (-23.7%) will make our area more affordable. They combine the two and call it +3.6% combined growth.

They base their forecast on the lack of affordability, which ignores how many, if not most, buyers are using a hefty down payment to keep their monthly payments more reasonable.

If there was a severe price dump in 2023 like they are describing, the sellers wouldn’t go for it, and the inventory would dry up.  Just about every potential seller has to be thinking that they have already given up a certain percentage of their equity in 2022 (off their inflated sense of value), and waiting it out sounds way better than coughing up another 20%.

But this is the type of garbage that could get into people’s head, and whether it’s realistic or not doesn’t matter as much as the perception. Thanks Realtor.com!


America’s Top States for Business

To rank America’s Top States for Business in 2022, CNBC scored all 50 states on 88 metrics in 10 broad categories of competitiveness. Each category is weighted based on how frequently states use them as a selling point in economic development marketing materials. That way, our study ranks the states based on the attributes they use to sell themselves.

We developed our criteria and metrics in consultation with a diverse array of business and policy experts, and the states. Our study is not an opinion survey. We use data from a variety of sources to measure the states’ performance. Under our methodology, states can earn a maximum of 2,500 points. The states with the most are America’s Top States for Business.

The Top Ten:

  1. North Carolina
  2. Washington
  3. Virginia
  4. Colorado
  5. Texas
  6. Tennessee
  7. Nebraska
  8. Utah
  9. Minnesota
  10. Georgia

Read the full rankings here (California was #29):


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