California Real Estate Market Update – March 2018

 California home sales tick higher in March as median price reaches eight-month high

urban real estate prices, most live in suburbs

– Existing, single-family home sales totaled 423,990 in March on a seasonally adjusted annualized rate, up 0.3 percent from February and 1.6 percent from March 2017.

– March’s statewide median home price was $564,830, up 8.1 percent from February and 8.9 percent from March 2017.

– Alameda, Marin, San Mateo, Santa Clara, San Diego, and Orange counties all hit a new peak price at $955,000, $1,392,500, $1,615,000, $1,454,500, $625,400, and $824,450, respectively…

Graphics (click links to open):

Note:  The County MLS median price and sales data in the tables are generated from a survey of more than 90 associations of REALTORS® throughout the state and represent statistics of existing single-family detached homes only. County sales data are not adjusted to account for seasonal factors that can influence home sales.  Movements in sales prices should not be interpreted as changes in the cost of a standard home.  The median price is where half sold for more and half sold for less; medians are more typical than average prices, which are skewed by a relatively small share of transactions at either the lower-end or the upper-end. Median prices can be influenced by changes in cost, as well as changes in the characteristics and the size of homes sold.  The change in median prices should not be construed as actual price changes in specific homes.

Read all of C.A.R.’s report here: “March home sales and price report”.

Money Monday: Financial plans, and why you need one

“You may hear the term “financial plan” and imagine thousands of dollars spent and hours in a stuffy broker office discussing the benefits of a diversified portfolio. Or maybe you think financial plans are only for those who, well, have finances. Not so and not so. Every adult needs a financial plan, no matter how much money you have (or don’t have) and how old you are.”

Think through your finances and set up a plan. Consider the following questions:

  1. What’s your current financial situation?
  2. Where do you financially want to be in the short-term, and also in the long-term?
  3. How can you get there?

Read up on Forbes’ advice here: “What Is A Financial Plan, And Why Every Adult Needs One“.

San Diego County Events for April 20 – 22

So much is going on in San Diego County this weekend! Check out shows and festivals of all sorts — most are family-friendly!

San Diego county events this weekendCoronado Flower Show

The Coronado Flower Show is held annually on the third weekend of April in Spreckels Park in the center of Coronado’s Village.

The Coronado Flower Show is the largest tented flower show in the nation. Exhibits are placed inside tents surrounding a central gazebo, which becomes the stage for continuous entertainment, announcements and trophy presentations.

When: Saturday, April 21, 1 – 5pm | Sunday, April 22, 10am – 4pm
Where: Spreckels Park | Orange Ave & 6th St, Coronado, CA 92118
Cost: $5
More information: www.coronadoflowershow.com


Margarita 5k

Join us for a flat and fast 5k run on hard pack sand at low tide on the beaches of Mission and Pacific Beach!

When: Saturday, April 21 | 7:30am – 12pm
Where: 3115 Ocean Front, San Diego, CA 92109
Cost: Free
More information: togetheras31.com/ra/r/margarita-5k/details


ISRAEL – 70 Years of Craft and Design

ISRAEL – 70 Years of Craft and Design celebrates the art and innovation of the nation’s diverse people through a rich range of objects of daily use. Over 100 objects—including Yemenite jewelry, Bedouin textiles, contemporary garments, sustainable and industrial design, adornment incorporating ancient materials, furniture and ceramics—illustrate the special fusion of European and Arab influences embodied in Israel’s modern craft and design. Coinciding with global recognition of Israel’s 70 years of statehood, this project is the Museum’s first opportunity in its 40-year history to feature the innovative work of Israel’s designers and artists.

When: Starting April 21 | Recurs every Sunday, Tuesday, Wednesday, Thursday, Friday, Saturday
Where: Mingei International Museum | 1439 El Prado, San Diego, CA 92101
Cost: $10/$7 (Military, Youth, Students)/FREE (Members)
More information: www.mingei.org


48th Chicano Park Day Celebration

The 48th annual Chicano Park Day celebration will take place on Saturday, April 21, 2018, 10:00 AM to 5:00 PM in historic Chicano Park, located in the Logan Heights community, south of downtown San Diego under the San Diego-Coronado bridge. This family event is free and open to the public. The theme for the celebration is “Chicano Park: El Corazón de Aztlán.”

When: Saturday, April 21 | 10am – 5pm
Where: Chicano Park | Logan Av & Cesar E Chavez Parkway, San Diego, CA 92113
Cost: Free
More information: www.chicano-park.com


2018 Del Mar National Horse Show

For nearly three-quarters of a century, equestrian sports aficionados have marked their calendars each April and May for the Del Mar National Horse Show, held at the Del Mar Fairgrounds in the beautiful seaside town of Del Mar, California.

Each year the Del Mar National attracts more than 1,500 horses representing many breeds across three distinctly different disciplines – Western, Dressage, and Hunter/Jumper. Spectators will see world-class performances in reining with its famous spins and sliding stops, elegant and athletic dressage moves choreographed to music, and nail-biting daredevil show jumping! Evening events feature trick riders, comedy acts, thrills and spills, and breed demonstrations, among many other exciting acts. The competition for prize money, trophies, and ribbons is fierce!

When: Apr 17 – May 6, 2018 | 9am – 9pm | Saturday evenings are featured events
Where: Del Mar Fairgrounds 22nd DAA | 2260 Jimmy Durante Blvd, Del Mar, CA 92014
Cost: $15+
More information: www.delmarnational.com


Pacific Rim Festival

The Second Annual Pacific Rim Festival is coming to Chula Vista!

In conjunction with Chula Vista Maritime Week and sponsored by the Port of San Diego, this event celebrates Pacific Rim food and lifestyle culture and will be held at the Bayside Park in Chula Vista.

This is a free community event with lots of entertainment for all ages. Bring the family to share an afternoon of food, music, and excitement!

When: Saturday, April 21 | 1pm
Where: Chula Vista Bayside Park | 999 Bayside Parkway, Chula Vista, CA 91910
Cost: Free
More information: www.portofsandiego.org/chula-vista-bayside-park


48th Chicano Park Day

The annual celebration will be held in historic Chicano Park, located in the Logan Heights community, south of downtown San Diego under the San Diego-Coronado bridge. This year’s theme is ‘Chicano Park: El Corazón de Aztlán.’ This family event is free and open to the public.

Visitors to Chicano Park Day will experience traditional music and dance, including one of the most beautiful performances of Aztec Indigenous dance, coordinated by coordinated by Danza Azteca Calpulli Mexihca.

The event will feature performances, and in addition, there will be a display of classic lowrider cars presented by Amigos Car Club, children’s art workshop and various informational booths. Food, and arts and crafts vendors will be selling their specialties throughout Chicano Park.

When: Saturday, April 21 | 10am – 5pm
Where: Chicano Park, San Diego, CA 92113
Cost: Free
More information: www.chicanoparksandiego.com


Lagoon Day 2018

Come for a day of family-friendly events. On Saturday, April 21 from 8:30 a.m. to 2 p.m., the Del Mar Lagoon Committee is planning a day of fun for all ages at the Birdwing Open Air Classroom, located east of San Andres and just below Via de la Valle. At 8:30 a.m., a guide will lead interested participants on a bird walk. At 11 a.m., Sky Hunters will present live native raptors. This will be followed by three hours of events including art projects, hands-on science, and animal identification games. Admission is free and participants may drop in at any time.

When: Saturday, April 21 | 8:30am
Where: Birdwing Open-Air Classroom, 3201 Via De La Valle, Del Mar, CA 92014
Cost: Free
More information: sandieguitolagoon.net


If these aren’t enough events, check out my list of the top 20 must-do activities to do in San Diego here!

Day After – Money Monday: Do this after filing your 2017 tax return

“Relieved that you won’t have to think about taxes for another year now that you’ve finally submitted your 2017 return or will soon? It’s best not to put taxes on the back burner yet. Instead, take advantage of being in tax mode to make a few moves that can help with next year’s return and improve your finances overall.”

Image from 401kcalculator.org

Read Forbes’ article to find out “Smart Tax Moves After You File Your 2017 Tax Return”.

San Diego County Events for April 13 – 15

This weekend’s events in San Diego County involve food, art, kid activities, and a whole lot more!

San Diego county events this weekendFallbrook Avocado Festival

The 32nd Annual Fallbrook Avocado Festival is back, and you can check it out for free. Of course, all things avocado will be there, along with craft and food booths, beer and margarita garden, artisan walk, avocado educational area, live bands, and lots of things for the kids!

When: Sunday, April 15 | 9am – 5pm
Where: Along Main Street, around Alvarado Street and surrounding area
Cost: Free
More information: www.fallbrookchamberofcommerce.org/events-v2/avocado-festival


The Inflatable Run & Festival San Diego Event

The Inflatable Run is an all-ages family event featuring a 5k inflatable obstacle course plus fun games, shows, and attractions in the festival area. There are Free activities for kids and interactive attractions available the entire day –including zorb ball races, bounce houses, carnival games, go-cart racing, water balloon battles, live music, delicious food, face painting, magic shows, and so many more surprises.

When: Saturday, April 14 | 8am  – 4pm
Where: SDCCU Stadium | 9449 Friars Rd, San Diego, CA 92108
Cost: Kids Free | Adults Start at $15
More information: www.theinflatablerun.com


Planting for Pollinators

Birds, Butterflies, Bees and . . . Bats? Oh My!  Join us as we learn about these and other animals that help to pollinate our world.  Get out on to the trails with several guided walks to learn about the plants and animals that call San Diego Home.  Enjoy crafts and make this a fun day for all ages!

When: Saturday, April 14 | 10am – 2pm
Where: Living Coast Discovery Center | 1000 Gunpowder Point Dr, Chula Vista, CA 91910
Cost: Free with admission
More information: www.thelivingcoast.org


Oceanside Days of Art | The Shakespeare Connection

Oceanside Days of Art is a juried fine art festival featuring up to and sometimes over 100 local artists selling a variety of unique artwork including paintings, sculptures, stained glass, ceramics, fine jewelry, photography and more.

When: Saturday & Sunday, April 14 & 15 | 10am – 5pm
Where: 704 Pier View Way, Oceanside, CA 92054
Cost: Free
More information: www.ocaf.info/oceanside-days-of-art


17th Annual Taste of Hillcrest

Over 35 fantastic Hillcrest restaurants are participating, giving foodies a chance to sample some of their best and signature dishes. From quaint cafes and French and Italian style bistros to five-star dining delights, this is the most anticipated self-guided culinary walking tour in San Diego! Sample bites such as Pad Thai, Sashimi, Italian Antipasto, or Classic American Comfort Food! Your taste buds are going to go wild on this culinary journey throughout Hillcrest! Enjoy your friends, the gorgeous weather, and one unforgettable tasting adventure!

When: Saturday, April 14 | 12 – 4pm
Where: Rite Aid Check-In Station (535 Robinson Ave.) or Rich’s San Diego Check-In Station (1051 University Avenue)
Cost: $30; $35 on the day of the event
More information: www.fabuloushillcrest.com/taste-of-hillcrest


Family Movie Night: The Princess Bride

Comedy, adventure, romance, and fantasy! There is something for everyone in the classic film The Princess Bride, and you can experience it on the big screen. Rated PG. Come early for fun pre-movie activities the entire family can participate in.

When: Saturday, April 14 | Gates open at 6pm, movie starts at 7:30pm
Where: Moonlight Amphitheatre | 1250 Vale Terrace Dr, Vista, CA 92084
Cost: $5 – $10 | Order by phone at 760.724.2110, or in-person at VisTix
More information: www.moonlightstage.com/performances/the-princess-bride


 

Sunday Organ Concert

Enjoy a free, hour-long organ concert Sunday at Balboa Park’s famed Spreckels Organ Pavilion. At the keys, the audience will find Raul Prieto Ramirez, the city’s newest San Diego Civic Organist and Artistic Director of the Spreckels Organ Society. Prieto Ramirez hails from Spain and, as he told NBC 7, hopes to keep the program interesting – from Bach to Queen – at the historic Spreckels Organ.

When: Sunday, April 15 | 2 – 3pm
Where: Spreckels Organ Pavilion at Balboa Park | 2125 Pan American Rd E, San Diego, CA 92101
Cost: Free
More information: spreckelsorgan.org


If these aren’t enough events, check out my list of the top 20 must-do activities to do in San Diego here!

California Real Estate Market Update

Last year in Q3, there were slightly lower home prices. That and the steady mortgage rates helped a few more Californians to purchase a home.

  • The median price of a Californian home in Q3 2017 was $550,990.
  • The median price for a condo or townhome in California was $449,720.
  • The minimum annual income needed to qualify for the purchase of a median-priced single-family home was $111,260.
  • The minimum annual income needed to afford the monthly mortgage payments on a median-priced condo or townhome was $90,810.

This infographic is from CAR.org.

Money Monday: Stretching your tax refund

“The average tax refund was $2,895 last year, according to the IRS. Whether you’re looking to use it for travel, invest it or use it to build an emergency fund, there are certain steps you can take to stretch your tax refund dollars.”

Forbes has some ideas: “Simple Ways To Stretch Your Tax Refund”

San Diego County Events for April 6 – 8

Check out the spring events for this weekend in San Diego County!

San Diego county events this weekendCitybeat Beer Fest

The CityBeat Beer Fest is the perfect marriage of two of San Diego’s best known exports – music and craft beer.

When: Friday, April 7 | VIP: 12 to 4pm, general admission: 1 – 4pm
Where: Lafayette Hotel, Swim Club & Bungalows | 2223 El Cajon Blvd, San Diego, CA 92104 Cost: $20-$60
More information: www.citybeatbeerfest.com


San Diego Botanic Garden ArtFest

ArtFest at the Garden features some of the finest regional artists displaying their talents with the beautiful San Diego Botanic Garden as a back drop.

Our fine arts show features more than 20 artists displaying and selling their work at amazing prices just for Garden guests. Many of these fantastic sculptors, painters, glass artists, potters, gourd and fiber artists who participate in ArtFest will also provide interesting demonstrations of their craft.

When: Sat & Sun, April 7 & 8 | 9am – 5pm
Where: San Diego Botanic Garden | 230 Quail Gardens Dr, Encinitas, CA 92024
Cost: Free with paid admission or membership
More information: www.sdbgarden.org/artfest


Sip ‘n Savor Festival

Sample food from local chefs and restaurants, learn about featured beers and enjoy music from local bands at the 2nd Annual Sip ‘n Savor Festival.

When: Sunday, April 8 | 12 – 4pm
Where: Hard Rock Hotel San Diego | 207 Fifth Avenue, San Diego, CA 92101
Cost: $25-$75
More information: www.eventbrite.com/e/sip-n-savor-2018-presented-by-the-hard-rock-hotel-san-diego-tickets-39520549026


Carlsbad Flower Fields

Spring is in the air and Carlsbad is in bloom at the Flower Fields, open now through May 13. Take yourself out of the ordinary and spend a few hours in one of nature’s wonders – our Fields of Dreams, our Fields of Color. A place where kids can run and adults can linger – 50 acres of extraordinary color in bloom on a hillside overlooking the Pacific Ocean, with a special nursery, garden, and gift shop by Armstrong Garden Centers, and festivals throughout the season.

When: Mar 1, 2018 to May 13, 2018 | 9am – 6pm
Where: The Flower Fields at Carlsbad Ranch | 5704 Paseo Del Norte, Carlsbad, CA
Cost: $16 for adults, $14 for seniors 60+, $8 for children 3-10
More Info: www.theflowerfields.com


Spring Fling

Come celebrate the end of winter with Welk Resorts! Dive down the rabbit hole at our second annual Spring Fling Family Festival! This event for all ages will include rides, live entertainment, face painting, and the chance to craft a fairy garden.

When: Sat & Sun, April 7 & 8 | 12 – 8pm
Where: Welk Resorts San Diego Golf Course | 8860 Lawrence Welk Drive, Escondido, CA 92026 Cost: $10 – $20
More information: learn.welkresorts.com/spring-fling


If these aren’t enough events, check out my list of the top 20 must-do activities to do in San Diego here!