Tag Archives: Union Tribune San Diego

New lending standards for homebuyers

loan modificationsIf you’re considering buying a home this year, but need a mortgage to do so like the majority of home buyers, then perhaps these new mortgage rules will help you pay back your loan.

As of January 10th, the Consumer Financial Protection Bureau has begun implementing new lending guidelines that, according to U-T San Diego’s article on the topic, “federal regulators say will protect against the risky lending practices that powered the housing bubble and caused a huge collapse in home prices that led to the Great Recession” Continue reading

San Diego housing market in 2013

“Historically low interest rates and limited inventory in 2013 fueled some of the greatest housing appreciation in San Diego County since the early 2000s…

home buying

“San Diegans bought 42,702 homes last year, a slight uptick from 2012 but the most since 2006, the last full year before the Great Recession.

“Last year was a great year for investors, who in June enjoyed 24.1 percent annual appreciation — a post-Great Recession record — to a median price of $420,000…”

Read the rest of Union-Tribune San Diego’s article on 2013’s real estate market in review here.

Events: Cinco de Mayo

This upcoming weekend has a plethora of events planned for the celebration of Cinco de Mayo in San Diego.  There’s so many that I had to randomly choose just a few to highlight here:

San Diego Padres’ Cinco de Mayo Party

  • Start your Cinco de Mayo weekend with the San Diego Padres’ Cinco de Mayo Party on Friday, May 4th. If you get to the park early, there will be live music, $5 Beers, $5 Margaritas or Cocktails and $5 Carnitas Tacos to enjoy. The party starts at 5:00pm and first pitch versus the Florida Marlins is at 7:05pm. You can buy tickets at Padres.com or by calling (619) 795-5555.

Cinco De Mayo Pub Crawl – San Diego Gaslamp Edition

  • Over a dozen or more venues all along the Gaslamp District have some drink specials to celebrate May 5th. You can buy your ticket for the day you want to go or the 2-day pass; check-in at the World Famous Pig N’ Whistle during the following times: Friday 5.4 | 5pm – 9pm, Saturday 5.5- | Noon – 9pm (Do not be late, no exceptions). You will be given a map with the bar locations and when they’re participating in the drink specials. More details are available at U~T San Diego.

Cinco de Mayo Concert in the Park, with SDSU Jazz Orchestra and Chamber Choir

  • Celebrate Cinco de Mayo with a program of Latin American favorites performed by the SDSU Jazz Orchestra and Chamber Choir, for free. The concert begins at 5pm on May 5th. More information.

Fiesta Old Town Cinco de Mayo

  • This FREE Fiesta takes place on Friday, May 4th from 3:00 PM to 10:00 PM, Saturday May, 5th from 11:00 AM to 10:00 PM and Sunday, May 6th, 2012 from 11:00 AM to 5:00 PM. You can go to festivalnet.com to learn more.

29th Annual Old Town Cinco de Mayo 3-day event

  • San Diego’s largest Cinco de Mayo celebration captures the history of the 1800’s in a big way. Highlights include music, food, beer, carnival rides & games, car show, chalk art, shopping, cosutmed performances, Mexican wrestling, stage coach rides, and a riding & roping horse show. At Old Town State Historical Park; Friday, May 4th – 5pm to 10pm | Saturday, May 5th – 11am to 10pm | Sunday, May 6th – 11am to 5pm. More details here.
Are there any great Cinco de Mayo events that I missed? Let me know below–I’d love to learn where I should be going to properly celebrate the holiday!

San Diego foreclosures remain at 4-year low

The Union Tribune San Diego had a great article on the state of San Diego county foreclosures–they’re currently at a 4-year low! Read the article below:

The number of San Diego County foreclosures in March stayed at its lowest point in more than four years, essentially mirroring the downward trend seen statewide, based on Tuesday’s DataQuick foreclosure report. An improving picture in the distressed market could be attributed to some pick-up in the national economy and increasing number of homeowners who short-sell their homes instead of letting them fall into foreclosure.

A little more than 500 homes fell into foreclosure last month, the lowest it’s been since November 2007, when the county recorded 478. The March total is 21 percent lower than the previous month’s and more than half of what it was a year ago.

Statewide, foreclosures in the first quarter of 2012 fell to their lowest level since the third quarter of 2007, when 24,209 trustee deeds were filed. They peaked at 79,511 in 2008’s third quarter.

Local and statewide numbers for default notices, the official start of the formal foreclosure process, were mixed in March, DataQuick numbers show.

San Diego County recorded 1,500, 17.4 percent bump from February but an 18.3 percent drop from a year ago.

The number of default…

Read the rest of this article by U~T San Diego’s Lily Leung here: “San Diego foreclosures remain at 4-year low“.

Events: Top things to do this weekend

Some great ideas for San Diego county residents this weekend from the Union-Tribune San Diego:

Art Alive

Have you ever been so inspired by a piece of art that you rushed home and designed a floral arrangement based on it? What, you haven’t?

Well, some local floral designers do this every year for Art Alive and it’s pretty spectacular. The weekend event is the San Diego Museum of Art’s biggest fundraiser for good reason. Roses, daisies, ranunculus, tulips and many other types of plants and flowers are interpreted to resemble art in the museum’s collection. And with patrons often showing up in floral dresses, the whole event is nothing but lovely.

9 a.m. to 5 p.m. Friday through Sunday. Flower After Hours is from 7 to 10 p.m. Friday San Diego Museum of Art, 1450 El Prado, Balboa Park. $15 and $5 for ages 7 through 17. (619) 232-7931 or sdmart.org.

Last chance: Butterfly Jungle

Fallbrook Avocado Festival 2012Every year, San Diego Zoo’s Safari Park sets up a warm and colorful exhibit featuring thousands of butterflies flying around. And after this weekend it will be gone until next year.

So grab your most colorful clothes and a camera and get ready to get intimate with some Monarchs and Blue Morphos. I admit, I once thought it was sort of gross to have butterflies touch your hair and arms, but I recently went to Butterfly Jungle and it was pretty great, kind of like walking in a fairy tale, minus the bad guys.

9 a.m. to 5 p.m. Friday through Saturday. San Diego Zoo’s Safari Park, 5500 San Pasqual Valley Road, Escondido. $32 for ages 3 to 11, $42 for ages 12 and over; parking is $7 to $15; sdzsafaripark.org.

Fallbrook Avocado Festival

Guacamole is pretty much the best thing, ever.

Celebrate the fruit from which it’s made at Fallbrook’s 26th annual festival. Along with booths and booths of guacamole and other avocado-related treats, there will also be contests, carnival rides, live music and dance and a lot of people wearing green.

9 a.m. to 5 p.m. Sunday. Main Street, Fallbrook. Free; (760) 728-5845 or fallbrookchamberofcommerce.org.

Read more of the U~T San Diego’s list of things to do this weekend here: “The top five things to do this weekend“.