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SAN DIEGO (KGTV) -- San Diegans could see a bit of relief from rising housing prices, according to a Zillow housing report.The report claims that 20 percent of listings in June saw a price cut, compared to only 12 percent of homes that had their prices cut a year ago. Similarly, the increase in home values has slowed, and is expected to see even slower growth over the next year.While the rise in home values has seen a slight decrease, they’re still on the rise. The median price in the county is now 3,700, up 6.6 percent from a year earlier."Now with prices being so high, we decided to move to Arizona where prices are more affordable," said Eric Oster, who rents an apartment in the Kearny Mesa area.Zillow expects that rate of appreciation to decline to 4.7 percent by next year. Still, the cooling home price growth is being offset by higher interest rates, which increases monthly payments. "The key is, if you're going to buy a home, the biggest question is - can I afford the payments, and if you're stretching yourself too thin it doesn't matter what the market's doing," said Bridget Potterton, a San Diego Real Estate Broker.The median home value in the US is currently 7,300. Meanwhile in San Diego, the median home value is 3,700, according to Zillow. 1310
SAN DIEGO (KGTV) - San Diego County farmers are finding innovative solutions to problems brought on by climate change."It's getting hotter and drier, and we're in longer, more frequent droughts," says Al Stehly, who manages 15 farms in the North County. "So we have to use the water we do have better."Stehly says water is the biggest concern as temperatures rise."It's just going to get hotter and drier," he says. "So we've got to squeeze everything out of that sponge that we can without depleting the resource."The County Farm Bureau agrees, saying it's up to farmers to get creative when they plant. The farming industry is a .7 billion business in San Diego."We are forced to adapt," says Farm Bureau Executive Director Hannah Gbeh. "Facing global climate change, our farmers come up with the most innovative solutions possible."One solution found in many farms is increasing density in their fields. Stehly has moved some of his trees to just a few feet apart. That lets him water more trees with the same amount of water. It also puts more shade on the ground, which helps control evaporation. He says his grapefruit grove that usually produces 7-800 boxes per acre is now up to 1300 boxes.He's also cutting the trees shorter, which makes harvesting easier. And he's replaced some of his "high-water" crops like avocados with plants that use less water, like grapes and coffee."We have to use as little water as possible and still produce a healthy crop," says Stehly.But the most significant change, says Stehly, has been in technology. He recently added a sensor system to his farms that help him track tree growth, soil moisture, and more.All the information goes into an app, which tells him which areas of the farm need water, and which don't. He says that can help him know what areas to water, when to water and how much water to use."We can skip irrigations. We can skip days," Stehly says. "When you add that up over the course of a year, it's thousands of dollars and hundreds of thousands of gallons of water."The Farm Bureau says the industry can also help solve the climate crisis."The future of ag is the solution to climate change," says Gbeh. "We need to plant more trees. We need to sequester more carbon. Nothing sequesters carbon better than an avocado tree. Here in San Diego, we can be the solution."But, Gbeh says, that can only happen if water costs and regulations are low enough to encourage more planting. 2449
SAN DIEGO (KGTV) -- San Diegans hoping to rent a two-bedroom apartment would need to work more than three minimum-wage jobs to be able to afford housing, according to a new report. The report, conducted by the National Low Income Housing Coalition, named the San Diego-Carlsbad metro the fifth most expensive area for housing in the state. The report found that San Diegans need to make more than an hour to be able to afford a two-bedroom apartment at a fair market value of ,068. RELATED: San Diego County city shows enormous home appreciation in 20 years 571
SAN DIEGO (KGTV) — San Diego International Airport is reporting an increase in travelers as coronavirus restrictions continue to lift.New numbers from the San Diego Airport Authority showed that from June 18 to 21, an average of 8,679 daily travelers went through the TSA Checkpoint. That's a drop off of 80 percent from the same time last year. However, during the height of the coronavirus restrictions in April, the drop off was as much as 95 percent compared to the same time in 2019. "From what we are seeing and based on our conversations with airlines, leisure travel is coming back faster than business travel, and this is consistent with nationwide trends and reports," said Airport Authority spokeswoman Sabrina LoPiccolo. LoPiccolo says the airport has taken numerous steps to help stop the spread of COVID-19, including plexiglass sneeze guards in some areas, increased cleaning and floor markers to encourage social distancing. The large drop off in travel has taken a toll on businesses that depend on travelers to survive.Across the runway at Park, Shuttle, and Fly, owner Al Cruz says the lack of air travel forced his family to temporarily lay off the lots 15 workers."We were very scared," Cruz said. "We moved real quick, we have to survive. We're family-owned and we're not a big corporation. We don't have a lot of money to sustain us.During the height of the shutdown, Cruz rented hundreds of spots to a rental car company to store excess cars, but it was a revenue cut. In June, he received a Paycheck Protection Program loan and reopened, hiring back the 15 workers. There are now about 45 cars owned by travelers in the lot. Cruz said he needs the trend of increased flying to continue to make it. "If it does not, it flattens out like it was three months ago, we can't survive on that," he said. The Auto Club of Southern California is reporting a surge in people inquiring about road trips as their preferred form of summer travel. It will release its formal projections Thursday. 2016
SAN DIEGO (KGTV) - San Diego Mayor Kevin Faulconer and community leaders broke ground Tuesday on a Mission Bay park makeover in honor of a woman who died serving her community. Maruta Gardner was struck and killed by a DUI driver in 2016 while she was removing graffiti. The park in Bonita Cove is being named in her honor and receive a “much-needed makeover” for the playground, city officials say. RELATED: Hit-run driver who killed Mission Beach activist sentenced Other improvements to the park include a new shade structure, comfort station, repaired sidewalks, updated restrooms, improved lighting, and pedestrian curb ramps. Security lighting will also be enhanced. The cost of the park improvements will be .4 million and the project should be completed by fall 2020.Maggie Frazier, a friend of Gardner's, told 10News, "She'd be dancing in her red cowboy boots and jumping for joy. She was so passionate about this program and wanted to see it fulfilled. Unfortunately, that wasn't the case." 1010