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SAN DIEGO (KGTV) -- Low inventory and historically low interest rates are driving California's red-hot real estate market.According to the California Association of Realtors, home sales climbed to their highest level in more than a decade, and the median home price set another high for the fourth straight month.It's making it harder for buyers to buy low but easier for sellers looking to sell high."With everything shutting down, I just figured now was the time to do it," said Kristi Gonzalez.After a career in the San Diego area, Gonzalez is retiring, moving out of state, and about to cash out."I think now is a great time to sell," she said. "There's very low inventory. It will make it easier for me."If you've paid attention to California's real estate landscape, the market is hot in many cities."We're seeing about a 10 percent increase in the last four to five months, and that's insane considering where we were," said Jordan Beal, president of the Beal Group.Beal said the San Diego area sees an influx of buyers from New York, the Bay Area, and Los Angeles."When you look at the fact that money is as cheap as it is, people who have been able to keep their jobs combined with a lot of tech people who can now work remotely and see San Diego as really cheap market compared to the Bay Area, Los Angeles, and New York, I don't see our market slowing down anytime soon," Beal said.The same thing is happening as you head north into the Central Valley."Inventory is historically low, interest rates are historically low, and it's just kind of the perfect storm with that whole supply and demand," said Ronda Newport, president of the Bakersfield Association of Realtors.Newport said the Bakersfield market is on fire.It's a combination of locals looking to take advantage of interest rates and those from wealthier ZIP codes trying to get out of a big city."If you have an LA buyer or a Bay Area buyer, and if they sell their home, you know a small little home for what they sell for in that area, and they move to Bakersfield, and they see what they can get for the money here, it's an easy decision," she said."We are just breaking all sorts of records," said Bruce Blair of Blair Properties.Blair's been selling homes along the Central Coast since the 70s.He said some people are buying houses they've never seen. Some buyers are paying in cash, and those who aren't have large down payments."It's tough to make any type of prediction right now, but right now, the housing market is not affordable for a lot of people in San Luis Obispo County, and that's a problem."According to the California Association of Realtors, September's statewide median home price was 2,430. That's up more than 17 percent from September of last year.According to a survey from Zillow, life uncertainty, likely caused by COVID-19, keeps more than a third of would-be sellers out of the market.The Zillow survey found many sellers say they anticipate a higher sale price if they wait.So, what to do? Unfortunately, there's no crystal ball."I don't anticipate it slowing down too much," said Carla Farley, President of the Greater San Diego Association of Realtors. "Unless we get some interest rates that go crazy after the election cycle, maybe that might slow some things, but I don't anticipate that happening either."According to the California Association of Realtors, the median number of days it took to sell a California single-family home was 11 days in September, down from 24 in September 2019. The September 2020 figure was the lowest ever recorded. 3564

SAN DIEGO (KGTV) — Lifeguards in Pacific Beach are frustrated they being forced to spend less time monitoring the water and more time monitoring the trash left on their station.Not only do lifeguards at the station at the end of Grand Ave. has seen trash thrown onto the roof, clothing left behind, and even trash cans tossed on top of its flag pole."Cans, plastic bags, clothes, anything really that can be found on the boardwalk," says San Diego Lifeguard Sgt. Kerry Brown. "It's become a secondary job duty that takes away from our priorities."RELATED: New Pacific Beach apartment complex may come with sticker shockBrown says lifeguards have to get up to the roof several times a week to clean off trash.They haven't flow the American flag at the station because of past vandalized the flag pole, in one instance raising trash cans on the pole's ropes, according to Brown.Brown said for now, they're trying to make sure their station is kept clear of trash as best they can, but it shouldn't come at the cost of their resources.RELATED: Pacific Beach business owner responds to violent homeless confrontation"Visitors come to the beach and they see trash on our roof and a flag we can't fly, it's a little bit embarrassing," Brown added.Lifeguards encourage anyone who sees anything suspicious around the lifeguard tower to call police. Anyone who notices vandalism can report it on the city's Get It Done mobile app. 1429

SAN DIEGO (KGTV) - It was a significant step in the future of San Diego State University and Mission valley.San Diego Mayor Kevin Faulconer tweeted an image Thursday of signed paperwork to sell the Mission Valley Stadium site to SDSU.The mayor's tweet read “Signed, sealed, delivered!" and it went on to express that the city’s sale of the Mission Valley site is nearly complete.RELATED:-- Council approves sale of Mission Valley stadium land to San Diego State-- Council approves draft of Mission Valley stadium site sale to SDSU-- SDSU releases new renderings of proposed river parkThe two sides spent 18 months negotiating after voters passed Measure G in 2018. It was until June 30, 2020, that the San Diego City Council approved the .2 million proposal for the site.SDSU plans to tear down the former home of the Padres and Chargers and build a new stadium, which will be the centerpiece of a new Mission Valley campus, including classrooms, housing retail, and a river park.The stadium is expected to be ready by fall 2022.TIMELINE OF SDSU MISSION VALLEY:November 6 - Wednesday, November 7, 2018: Voters shoot down Measure E, the so-called SoccerCity Initiative, with "no" votes totaling 69.6 percent. 54 percent of voters favored Measure G, which supported the SDSU West Initiative.August 17, 2019: SDSU releases new renderings of "Aztec Stadium" at Aztec Football Fan FestOctober 14, 2019: San Diego State University presented an offer of .2 million to the San Diego City Council to purchase the SDCCU Stadium site in Mission ValleyNovember 18, 2019: The San Diego City Council unanimously voted today to direct the city's negotiating team to proceed with San Diego State University's offer of .2 million to purchase and redevelop the SDCCU Stadium siteDecember 5, 2019: Project gets M donation from Dianne BashorDecember 27, 2019: SDSU asks for a list of bidders to upgrade internet at its proposed SDSU StadiumJanuary 15, 2020: SDSU releases new renderings of its proposed river walk in Mission Valley (this would be near the stadium)January 28, 2020: City Council sets parameters on SDSU stadium sale, including a minimum of 10 percent affordable housingJanuary 29, 2020: California State Board of Trustees approves environmental impact report and financing needed to acquire SDCCUMarch 24, 2020: California State Board of Trustees approves design and financing plans for Aztec StadiumMay 19, 2020: City Council votes 7-2 to extend the contract of the law firm working on the city's behalf to sell the siteMay 29, 2020: City Council approves draft agreement to sell the Mission Valley stadium site to SDSUJune 30, 2020: City Council approves the purchase and sale agreement that formalizes the sale of the Mission Valley stadium site to SDSU 2772

SAN DIEGO (KGTV) - In light of the governor's directive on limiting large gatherings out of coronavirus concerns, the San Diego Half Marathon announced on Thursday that this Sunday's event will be "virtual" only. While many runners support the decision to cancel the San Diego Half Marathon, they're upset that it doesn't appear there will be any refunds.Organizers sent 10News a statement that reads in part, "By their very nature, the cost of events like ours are front loaded and [non-recoupable], which is why we do not have a refund or deferral policy. This policy is clearly stated in our registration process and is agreed to by runners when they sign up for the event."RELATED: What's been canceled, postponed in San Diego, nationally due to coronavirusMajor changes are also happening to other local events. This weekend’s 5K Leprechaun run in Pacific Beach is canceled. The upcoming Pearl Jam concert at Viejas Arena is now postponed. WonderCon Anaheim is also being postponed.Fears continue to loom over July’s Comic-Com convention but organizers report that it’s still scheduled to take place. “Rip” Rippetoe is the President of the San Diego Convention Center. He tells 10News, “I think it's too soon to speculate on any events that would happen in May, June or July.”“Events of a certain size have been canceled and we're seeing that's to prevent the spread of illness,” says Skylar Crowley with the Better Business Bureau in San Diego. She says consumers need to be reading the fine print on all tickets sale transactions, adding, “If there are cancellations and the tickets were purchased through an original seller- an official site- they should automatically issue a refund to that consumer.”RELATED: Disneyland, California Adventure to close through March due to coronavirusHowever, Crowley says that if the event is postponed and the consumer can't go, he or she might have to submit a formal request through the purchasing platform. A spokesperson for StubHub writes to 10News, "Our policy is to provide a full refund with fees if an event is canceled. In addition, given the current environment, if an event is canceled, customers can opt to receive a StubHub coupon valued at 120 percent of the original purchase." “We do advise that consumers ensure that they are submitting payment with a credit card so in the event that something is indisputable, they can take that to the credit card company and see about getting a refund that way,” adds Crowley.RELATED: San Diego County announces five new coronavirus cases, bans large gatheringsShe says that if consumers are struggling to get access to any refunds that they’re entitled to, they can file a formal complaint with the Better Business Bureau or the Federal Trade Commission. 2763

SAN DIEGO (KGTV) - Mayor Kevin Faulconer Wednesday called on the City Council to pass several proposals that he says will help increase San Diego's housing supply, lover development costs and promote smart growth. 221