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SAN DIEGO (KGTV) - San Diego County homebuyers could be gaining an upper hand in negotiations as the region's housing market slows.A new report from real-estate tracker CoreLogic says 2,936 homes changed hands in San Diego County in November, an 11 percent drop from November 2017. Meanwhile, the rate of home-price appreciation slowed to 4.6 percent year-over-year. The median home price was 5,000 in November."It's a good time to get in there," said Mark Goldman, a San Diego loan officer with C-2 Financial. "There's more selection of homes to purchase, and there's probably sellers who are more willing to consider offers maybe a little bit below their list price, and so forth."CoreLogic says Southern California as a whole has seen its biggest sales drop in three years. The company says higher interest rates and the volatile stock market could be contributing to buyer pullback. The average rate for a 30-year-fixed is now 4.55 percent, up about a half percent from a year ago. Goldman said qualifying families, even with a few percent cash down, should be able to get an offer accepted in this market."Be cautious, make an offer at a good price, work with a professional realtor who can guide you to a reasonable price, but if you're going to be in that house five years or so, I think you'll be happy," Goldman said.Goldman said the market is coasting at a rate of appreciation that is more sustainable. He said the 6 to 8 percent annual price growth could not last with wages not growing nearly as fast, he said. Goldman added he expects the market to speed up again in the springtime, which is peak season, but that he does not expect prices to skyrocket. 1679
SAN DIEGO (KGTV) - San Diego cyclists enjoyed a rare opportunity to ride over the Coronado Bridge Sunday at the annual Bike the Bay. The event allowed riders of all abilities to tour the 25 miles of the Bayshore Bikeway and the Coronado Bay Bridge. Riders returned to San Diego for a festival with food trucks and a beer garden. 336
SAN DIEGO (KGTV) - San Diego police are searching for two suspects involved in a knife attack in Bay Terraces early Sunday morning that left a 30-year-old man hospitalized.The assault happened at around 4:25 a.m. in the 6900 block of Paradise Valley Road, said Ofc. Tony Martinez, San Diego Police Department The victim told police he was confronted by two men who asked him for a cigarette."An argument ensued, and during the argument, the victim was stabbed multiple times," Martinez said.Both suspects fled in a white sedan-type vehicle, according to Martinez.The victim suffered a stab wound to the neck, the left bicep and lacerations to his nose, jaw and back, Martinez said. The victim was taken to a nearby hospital. His condition is unknown at this time but Martinez said he is expected to survive.The two men were described as Hispanic between 20 and 30 years old. One of the suspects stands about 6- foot, 2-inches tall weighing 180 pounds with a thin build. He was last seen wearing a black baseball hat, a black jacket and blue jeans.The second suspect stands about 6-feet tall weighing 200 pounds with a heavy build. He was wearing all black clothing.Anyone with any information regarding the attack was urged to call Crime Stoppers at 888-580-8477. 1273
SAN DIEGO (KGTV) — San Diego City Council President Georgette Gomez has floated the idea of turning the second floor of Golden Hall into a permanent homeless shelter.Gomez made her comments Tuesday as the City Council unanimously approved a plan to use the second floor as a temporary shelter for three months while a Father Joe's bridge shelter is relocated. The current shelter for women and families at 14th and Commercial will close April 1. The city plans to build a new tent shelter to open on a lot at 17th and Imperial by June 30. Construction will cost million and the city will lease the land for ,000 a month. "So why spend million to put something back when we can actually spend million in maybe long-term leases to try to find a permanent solution," Gomez said. The Golden Hall concourse is about 1.5 miles away, and steps from City Hall. The bottom floor is still used for various events, including naturalization ceremonies and performances. Greg Block, a spokesman for the mayor, said long-term at Golden Hall wouldn't work for Father Joe's."For their clients, they need to be close to their main campus," he said. "Going back and forth via shuttle and all kinds of things isn't a workable solution for these folks that are there longer term."Bill Bolstad, chief revenue officer for Father Joe's, said the 17th and Imperial location would help residents get health and child care and employment services. "All kinds of things that are infinitely easier to provide when it's right next door, that's why we're very excited about the location down there," he said. Gomez said she understood that but also that Golden Hall is also close to those locations on the east end of downtown. Ultimately, she supported the current plan, as did the rest of the nine-member City Council. 1811
SAN DIEGO (KGTV) - San Diego Mayor Kevin Faulconer announced Wednesday that a record number of potholes have been filled in the city in 2019.An average year sees 32,000 potholes filled, but Wednesday crews filled pothole number 49,000. This year the city tripled the number of pothole repair teams and extended their hours to include nights and weekends. Matt Sinclaire lives on Georgia Street in University Heights, however, and showed 10News a doorknob flier that was left at homes on his block last week announcing that street would be repaved this week. Curiously, the no parking signs were pulled Friday, he says, and the job, he was told, was canceled. Wednesday, that announcement from the mayor was held, and two potholes were repaired directly in front of Sinclaire's home. "This whole thing pissed me off," says Sinclaire. "We waited this long and finally we were going to see our street paved... but we have a nice shiny little black square that's going to probably be good for the next year." Deputy City of San Diego Chief Operating Officer Johnnie Perkins told 10News the project was postponed, not canceled, due to the subcontractor's staffing issues. There was a miscommunication and the contractor gave neighbors bad information about a cancellation, Perkins said. The work should be done by Monday, city officials said.As for potholes and other problems throughout the city, representatives encouraged San Diegans to make repair requests through the City’s Get It Done [sandiego.gov] application. 1522