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SAN DIEGO (KGTV) -- The market may soon be looking up for San Diegans hoping to buy a home. A new report by Zillow found that many economists believe the housing market in the West will turn into a buyer’s market by 2020.According to the housing site, home-values have appreciated faster in 2018 than in 2017. That coupled with a fall in inventory means that sellers are in the driver’s seat.At least for now. Zillow says recent data suggest the balance may be starting to tilt back toward buyers. Home growth is slowing in more than half the nation’s 35 largest metros and price cuts are common.Even in San Diego, where the cost of living is well above average, 20 percent of listings saw a price cut in June.A separate report from Zillow found that the increase in home values has also slowed throughout San Diego.Three out of four economists surveyed say the national housing marked could see a shift to a buyer’s market by 2020.Those same economists say the Midwest will be the first to see the shift, beginning as early as 2019, followed by the Northeast, South and West in 2020.“For the past several years, home sellers held all the cards at the negotiating table, fielding multiple offers while buyers faced stiff competition and a fast-moving market,” said Zillow Senior Economist Aaron Terrazas.Over the next year, Zillow expects the rate of appreciation to slow to 4.7 percent in San Diego, where the median home price is 4,100.“Conditions are starting to show signs of easing up, but the effects of years of limited construction still linger. Inventory is still falling on an annual basis, and home values are growing well above their historic pace. Although these trends are starting to lose their edge, it is far too soon to call it a buyers market,” Terrazas said. 1789

SAN DIEGO (KGTV) - The City of San Diego and the San Diego Housing Commission announced details about a planned purchase of two hotels to convert into permanent housing for the homeless.After a six-month search, city officials announced the purchase of the Residence Inns in Mission Valley and Kearny Mesa. The price tag: 6.5 million.Scott Marshall of the San Diego Housing Commission says the project draws upon city, county and state funds to turn hotel rooms into 332 affordable apartments for the homeless, many of them currently staying at the convention center as part of the program, Operation Shelter To Home."This is not temporary shelter. They are permanent homes that will provide them a path out of the shelter and off the streets," said Marshall.Marshall says of the 29 sites considered, the two Residence Inns stood out."They were operating as hotels and in good condition. They didn't require a lot of work for people to move in," said Marshall.Federal housing vouchers will help residents with part of the rent. They'll also receive a host of wraparound services."Things like health care, Life skills training and employment assistance to help them get back on their feet and to a more stabile life," said Marshall.The hotels turned apartments reside in commercial areas, with many other motels and hotels as neighbors. SDSU marketing professor Miro Copic says any issues at the sites could turn into pubic relations problems."Tourists and travel agents could see it as a negative, and it may turn away people from the area. The city has to manage this effectively. If it does so, it may not have much of an impact on nearby hotels," said Copic.If the city council approves the purchase in October, the apartments could be ready by December. 1768

SAN DIEGO (KGTV) — Summer is right around the corner, San Diego.For younger San Diegans, that means week of adventure and learning at summer camp! And there's something for every interest around San Diego County. Whether it's a traditional day camp with fun activities or something specific (did someone say Circus Camp?)RELATED: Events to enjoy with your toddler in San DiegoHere's a look at a variety of camps — specialty or traditional — around the county this summer:Summer Critter CampWhere: Helen Woodward Animal Center; When: June 10 - Aug. 30Kids will get to experience animal encounters and summer camp activities, animal-themed games, crafts, songs, and get a free Critter Camp t-shirt.YMCA Overnight and Day CampsWhere: Various locations; When: June - AugustYMCA branches across San Diego County offer up a variety of day and overnight camps, from traditional to specialty, and camps just for sports, leadership, adventure, and more.Mesa Rim Climbing CampWhere: Mesa Rim locations; When: March - AugustKids can hit the ropes at Mesa Rim's two San Diego locations, learning yoga, top roping and bouldering skills, or enjoying non-climbing activities like a ninja obstacle course, scavenger hunts, and more.San Diego Zoo and Safari Park Summer CampWhere: San Diego Zoo and Safari Park; When: June - AugustCampers will get to enjoy a wide variety of animal adventures at the San Diego Zoo or Safari Park, with options for various grade levels and featuring a variety of exhibits, tours, games, crafts, and more.Girl Scout CampsWhere: Various locations; When: Various datesWhether or not your child is a Girl Scout yet, they can jump into summer day camps, resident camps, weekend camp outs and more, all featuring educational activities and leadership building fun. Circus CampWhere: San Diego Circus Center; When: June 17 - Aug. 9Kids will learn the fundamentals of circus arts at the San Diego Circus Center's summer camp. Everything from aerial tricks, tumbling, juggling, and clowning to help build strength, teamwork, and focus.Wildlife Day CampWhere: Living Coast Discovery Center; When: June 10 - July 26Campers will experience animal encounters, games, arts and crafts, outdoor exploring, and more while learning about wildlife, conservation, and science.Outside the LensWhere: Liberty Station; When: June 21 - Aug. 23Interested in photography? Kids can jump into a variety of digital media camps throughout San Diego County, designed to build photography and filmmaking skills, promote creativity, and encourage collaboration.Science Summer CampWhere: Fleet Science Center; When: June - AugustA variety of science-themed activities await covering STEAM topics, wildlife, energy and physics, coding, space, and much more through experiments and hands-on learning.Youth Programs at La Jolla PlayhouseWhere: La Jolla Playhouse; When: June - JulyChildren will take part in a series of interactive theatre training programs that cover acting, musical theater, stage movement, improvisation, or behind-the-scenes tasks like costumes and props, set design, and technician support. 3098

SAN DIEGO (KGTV) — The crowds at San Diego International Airport grew Friday night, as travelers kicked off the holiday travel weekend. AAA predicts a record-breaking 115 million Americans will travel this holiday season, up nearly 4 percent from last year. Of those travelers, AAA estimates 105 million people will drive, 7 million will fly, and 4 million will take the train, bus, or cruise ships. According to AAA, airports around the US will be busiest between Dec. 21 through 23. But the crowds should start to build Friday.RELATED: This holiday season to set travel records, AAA says10News spoke to many travelers going in and out of San Diego International Airport Friday. Melissa Flatley flew in from Reno, Nev. She said she wore her festive antler headband to make sure her sister does not lose her in the crowd."It's a little busy on a holiday weekend, so I just wanted for her to find me a little more easily!" Flatley laughed. 10News also met the Monje family. The San Diego family of five was headed to Jacksonville, Fla., to visit family. They said they were travel pros, who purposely wait until the last second to fly, thanks to father Joel's job at Southwest Airlines. RELATED: AAA provides tips on preparing vehicles for holiday travel"We fly standby, so it's always a little frazzled and anxious for us," Lisa Monje said. "But we're very thankful for our benefits. If we can get there on standby for free, hey, that's even better!"Carlos Yu flew in from El Paso, Texas. He told 10News he's glad to be back home in Southern California and planning to take every form of transportation to make his rounds to see friends and family."I've actually never taken the train, so I'm super excited about that," Yu said. "I'm going to drive back down, actually again, so it's going to be a good two weeks."RELATED: The holidays bring a spike in heart attacks. Here's why10News also met the Smith family, who was waiting for their two sons to come home. Their father, Joshua, is in the Navy, based in San Diego. Older brother, Malik, is in the Army. He flew in from El Paso. Middle brother, Jauan, is in the Air Force. He arrived from San Antonio. They all came together from bases all over the country to spend the holidays together at home. "I literally cannot come home to see them until I have to leave to come and do it, so it means a lot. We all get together. It doesn't happen all the time," Jauan said. Santa and Mrs. Claus made an appearance to make sure travelers had a festive and stress-free experience at the airport. 2546

SAN DIEGO (KGTV) — Ten years ago this week, the stock market hit bottom. The country was in a crisis and the glory days of flipping houses in San Diego were a thing of the past. There are still people fixing and flipping houses, but if you want to make it in San Diego, you have to be a smart and savvy investor.“I continued the large pieces of tile all the way over, and I used as much glass as I could to open it up,” says Elijah Zuniga showing off the remodel of his master bathroom.Zuniga is not your average "flipper."“I’m just like the TV shows, except I don’t have a sidekick,” Zuniga says with a laugh.RELATED: San Diego among top hot housing markets for 2019, Zillow reportsA retired police officer and now a consultant, Zuniga buys about four homes a year. Not to live in, but rather as investments. He calls it his passion. And, he has a vision. Zuniga can walk into any home and see its potential. “You have to imagine the finished product in order to work through it,” adds Zuniga.Take the home he purchased in late November for example. It’s a 1974 single family home in San Carlos. The before and after photos are striking. Same with the bathrooms. Zuniga says the key is never cutting corners in the remodel. If you want to flip instead of flop, the investor must impress the buyer. RELATED: Making It In San Diego: How housing got so expensive“You’ve got to fix it to the ‘nines’ in order to get people to say, ‘I want this over everything else,’” says Zuniga.He’s also built a trusted group of contractors who get in, get the job done, and get out. And if you’re going to flip, that’s the other key. The house must move quickly. “We’re in the market of the moment, and we priced to sell,” says Lisa Becker. RELATED: Making it in San Diego: Realtors expect busy spring for buyers and sellersBecker is a Realtor with Keller Williams. She’s also Zuniga’s agent and helps him find investment properties in San Diego. Together they only buy single-family homes in the mid-level range to reach a much larger pool of potential buyers. And, their method works. “So, this particular property, on the market less than a week, we had four offers,” says Becker.That’s right, four offers in less than a week. Flipping or not, time is of the essence for the seller. In November when Zuniga bought the house, Becker figured after renovations it could sell for 0,000. Fast forward to the end of February, with more homes on the market, suddenly the home is valued at 0,000. RELATED: Making It in San Diego: Best and worst places in San Diego County for home resale“The buyer of this home is going to get a gorgeous home ,000 less than they could have purchased at the end of last summer.”No investor likes to lose money, but Zuniga always prepares for a potential market shift. He and Becker agree if you’re going to flip, the smart investor makes his money by buying low and then will price the home according to the market to sell fast. 2957

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