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SAN DIEGO (KGTV) — San Diego's shifting real-estate market could mean new opportunities for entry-level home buyers.A new study from realestate.com says the rate of appreciation for homes at the lower third of the price range are appreciating at 2.2 percent annually. That's a large drop off from the 10.4 percent price growth those homes saw from 2017 to 2018. “Those homes, priced in the bottom third of the market, have been appreciating the fastest and have seen the least inventory in recent years and price cuts are becoming more common as the balance between buyers and sellers is trending toward evening out," said Skylar Olsen, director of economic research for Zillow Group, which owns realestate.com "That’s not a huge surprise, as annual home-value appreciation has been well above historic norms for some time, and was due to slow back toward normal.”The typical entry level home in San Diego County is now worth 4,500. That's still a hefty price for San Diego renters who are paying an average of about ,000 a month and struggling to save for a down payment. Still, down payment assistance programs are available through the County and San Diego Housing Commission. Additionally, potential buyers can qualify for an F.H.A. loan with as little as 3.5 percent down. And Veterans can buy homes with nothing down through a V.A. loan. Carlos Espinoza and his wife Esther are buying a two-bedroom condo in Rancho Penasquitos for 9,000, the full asking price. They put 12 percent down, which they accumulated by increasing contributions to Carlos's 401(K), then borrowing from that fund. "Save as much as you can, even though sometimes you may feel like it's not enough," Carlos said. "The American Dream is alive again."Rich Kushner, a realtor with Burke Real Estate Consultants, said the most important thing an entry level buyer can do is get pre-approved for a loan. That will cause a seller to take an offer more seriously."Everything's negotiable when you write a contract, but you're going to have a stronger offer if you have a pre-approval letter," Kushner said. Realestate.com says inventory of entry level homes is up 21 percent annually in San Diego. Still, challenges remain. Both Zillow and Bankrate listed San Diego as one of the nation's most challenging housing markets for first-time buyers. 2333

SAN DIEGO (KGTV) -- San Diego’s City Council voted 8-1 Monday evening to ease parking requirements for certain housing projects, which they say will make it easier for developers to build new homes. Mayor Kevin Faulconer said Monday that the current parking rules are outdated, but opponents say San Diego isn’t ready for the changes and that the city should focus on improving transportation. The plan gets rid of parking requirements for multi-family units in neighborhoods within half a mile of mass transit. “While it took way too long to get this ordinance approved, I praise my colleagues for finally getting it across the finish line,” said Councilmember Scott Sherman. “This is good news, but our work to fix San Diego’s housing crisis is nowhere near complete. We must continue pushing innovative strategies to improve housing affordability and we can’t wait two years for approval.”Before Monday’s vote, at least one parking spot per unit was required. The new policy gives residents who don’t have a car the option of paying less for housing. Supporters say the move makes it easier for developers to build and help the city reach it’s climate action goals. Those opposed say San Diego doesn’t have the public transportation to support the change. Critics also say roughly 94 percent of San Diego residents own a car. The change applies to new apartment and condo projects. 1393

SAN DIEGO (KGTV) — San Diego State students will be able to learn all about Latinx representation in media through the life of the "Queen of Tejano."On what would have been the famed superstar's 48th birthday, SDSU's School of Journalism and Media Studies will offer a course dedicated to the late Selena Quintanilla Perez next spring called, "Selena and Latinx Media Representation."Students will be able to register for the class starting on Nov. 1, 2019.RELATED: Free textbook program saves Grossmont College students thousandsThe course will explore and deconstruct Latinx identities and socio-cultural representations through Selena's music, career, and influence, according to Nathian Rodriquez, assistant professor of digital media studies.“Students also need access to content in media landscapes to better understand the relationship between mediated representations and Latinx identity formation and maintenance,” Rodriguez said. “Speaking about these issues through the life of a well-known and visible celebrity allows students to utilize both pop culture and Latinx culture to deconstruct and interrogate the significance and broader meaning of minority-based mediated content.”Selena released 10 albums throughout her career, winning several awards including Tejano Music Awards, Billboard Latin Music Awards, and a Grammy. RELATED: MiraCosta College plans to offer first-time students two years of free tuitionNot only did her work on stage influence music, but her fashion and fame influenced thousands as she became a Latin music icon.In March 1995, she was killed by the founder of her fan club. A movie released two years later, starring Jennifer Lopez as Selena, further highlighted Selena's lasting influence on pop culture.“Selena was such an inspiration to so many Latinx individuals around the world, and continues to be today. Her music, fashion, and iconography have influenced every facet of pop culture, transcending the entertainment world and influencing socio-cultural spaces world-wide,” Rodriguez said. “I grew up listening to Selena and wanted to create a course that highlighted her impact on not just Latinx culture, but pop culture in an international scope.” 2205

SAN DIEGO (KGTV) -- SeaWorld San Diego is set to close Wednesday as another round of storms move through the county. According to a SeaWorld spokesperson, the park will be closed December 4 due to “forecasted inclement weather, including periods of significant rain and possible thunderstorms.”“The safety of our guests and employees is our top priority,” the park said in a statement. RELATED: Check today's San Diego County forecastSeaWorld anticipates reopening again on Thursday, December 5. Rain is expected to become widespread by Wednesday morning with periods of heavy rain, possible thunderstorms, localized flooding and heavy rain, according to 10News Meteorologist Megan Parry. As a result of the rain, the National Weather Service issued a flash flood watch for Wednesday from 6 a.m. to 6 p.m. for San Diego County’s coastal areas, valleys and mountains. Coastal areas are expected to receive up to an inch of rain while some mountains could see as much as three inches of precipitation. 1008

SAN DIEGO (KGTV) - San Diego rolls out the red, orange, yellow, green, blue, and purple carpet in July for thousands of people who will be attending the Pride Festival headlined by Melissa Etheridge. The event, held Saturday and Sunday July 13 and 14, will take place at Balboa Park’s Marston Point on the corner of Sixth Avenue and Laurel Street. Festivalgoers can enjoy performances from more than 100 entertainers on multiple stages, food booths, vendors, and exhibits. General admission is for a weekend pass, with discounts available online before the event. Teens and children high-school aged and younger can get into the festival for free. Tickets are available at the front gate box office when the festival is open. The following items are banned from the festival: Air Horns Alcohol Bicycles, Skates, Scooters or Skateboards (Store your bike at our free bike storage!) Drones or Remote Control Aircraft, Cars or Toys Flyers, Samples, Giveaways or Promotional Items Illegal Drugs Instruments Laser Pointers Outside Beverages. Exception for unopened disposable water bottles. All reusable water bottles, canteens, and hydration packs must be empty. Outside Food Pets or Other Animals – Except Service Animals WeaponsNeed more info? See a map of the Pride Festival and a complete lineup. 1310

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