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SAN DIEGO (KGTV) -- Despite the still-high cost of living, San Diego’s housing market is beginning to cool down, according to a new report by Zillow. San Diego ranked third on the list of housing markets seeing the biggest slowdown. San Jose and San Francisco, two markets also known for their high costs of living, places first and second on the list The report shows that conditions in San Diego’s market are favoring buyers more than they did a year ago. RELATED: Home prices rise, sales plungeMore than 20 percent of homes for sale in America’s Finest City had a price cut in January of 2019, compared with only 12.4 percent of homes that saw a cut in January of 2018. Of the homes that have sold, 95.7 percent sell for their listing price. At this time last year, 97.7 percent of homes sold for their list price. The amount of time it takes to sell homes is also on the rise. In 2018, homes sold in 60 days, including time to close, Zillow reports. So far this year, homes are selling in 75 days. RELATED: Realtors expect busy spring for buyers and sellersEven though the market is starting to cool, San Diego’s median home value is 1,400. In comparison, the national median is just 5,300. “It is no surprise that the markets which pushed the bounds of affordability over the housing recovery are now experiencing significant cooling,” said Skylar Olsen, Zillow Director of Economic Research. “As down payments and mortgage payments far outpaced incomes, buyer demand eventually exhausted itself. Those buyers looking in cooling markets will likely welcome the relief, although the entry price is still high. Inventory is returning and spending more time on market, meaning their decision making can be made with a cooler head.”RELATED: How housing got so expensive 1785
SAN DIEGO (KGTV) – Excitement and confusion. That’s what many San Diego County restaurant owners felt after hearing the county has suspended enforcement activities on restaurants, for now.A judge’s ruling Wednesday allowed two strip clubs to stay open, and in a surprising twist, extended to the restaurant industry, allowing for in-person dining.While the county sorts out what it will do next, some restaurants are taking the opportunity to reopen for in-person dining, even if it’s short-lived.“I was thrilled to hear the judge’s ruling,” said Julian Hakim, co-owner of The Taco Stand. “I wish there was, even now, a little more clarity. We know the county is not going to enforce, but we’re not sure if ABC who holds our alcohol licenses or others choose to keep enforcing.”Hakim is cautiously optimistic and will now offer minimal outdoor dining options at his locations in downtown San Diego, La Jolla, Encinitas, and North Park.“I’m still prepared for anything,” he said. “There really isn’t any evidence that sitting outside is contributing to the COVID cases; I think there’s evidence of people being inside, so I would agree with that, and I wouldn’t open inside just yet.”Mikko Sushi’s Escondido, Carlsbad, and Vista locations reopened for outdoor dining and indoor dining at 25% capacity Thursday.“We decided to open with all the safety guidelines that are mandated by the county and state we will follow that,” said Mikko Sushi co-owner Mia Davis. “We debated actually, should we really open or not, but after thinking through overnight, many of our employees need jobs, this is right before Christmas, and they need to put the food on the table, they need to pay their rent.”Davis said she had to furlough 70% of her employees after the latest restrictions on restaurants went into place, and they could only offer takeout.Both Davis Hakim said they have many safety precautions in place, and they’re following what happens next closely.“We take this COVID-19 seriously, and we know the cases are increasing, and we just want to follow the rules.” 2069
SAN DIEGO (KGTV) — For the fourth consecutive year, the USS Champion has won a contest held between ships at Naval Base San Diego over which crew could put together the best decorations."It's just a great opportunity for the crew to really come together, enjoy some time not focusing on the day to day, but to really express themselves," said the ship's commanding officer, Lt. Commander Matthew Yokeley.The Champion, an Avenger-Class Minesweeper, was covered in decorations. Lights, bows, and bells lined the railings and were struck all the way to the top of the mast. Giant inflatables were mounted on the deck, along with a Christmas tree. The lights were synchronized to flash with a holiday music show.This is a big deal for us. Christmas lights are pretty competitive," said Petty Officer Pierce Cloninger. "We like to win. They don't call us Champion for nothing." 880
SAN DIEGO (KGTV) — Fans of Hello Kitty can catch the character's popular, pink cafe rolling through the North County and South Bay in the next month for the first time. The Hello Kitty Cafe Truck will be rolling through Carlsbad on Jan. 12 at The Shoppes at Carlsbad from 10 a.m. to 8 p.m. Fans can catch the colorful cat near Regal Cinemas and Luna Grill.On Feb. 2, the truck is also scheduled to bring its delicious treats and trinkets to Chula Vista at the Otay Ranch Town Center.RELATED: San Diego Restaurant Week 2019: Over 180 restaurants taking partFans of the truck can grab a bite of tasty goodies, including a giant Hello Kitty cookie, macaroon set, and lunchbox with confetti popcorn. An array of merchandise is also available, including exclusive thermal bottles, bow headbands, t-shirts for kids and adults, toys, and more.This isn't San Diego's first foray with the Kitty. The truck appeared at San Diego Comic-Con International in 2018 and after a stint at Fashion Valley Mall, has since opened a pop-up cafe shop at the mall. 1049
SAN DIEGO (KGTV) -- From big box stores to locally based companies, a number of businesses in San Diego County are significantly scaling up their workforces to meet the demand caused by the coronavirus.Walmart, the nation’s largest employer, plans to hire 150,000 associates by May, including 6,200 in California. The company has boosted pay and bonuses, raising e-commerce employee wages by an hour as online orders surge. In the San Diego area, the company is looking for cashiers and stockers, employees at fulfillment centers and truck drivers, said spokeswoman Tiffany Wilson.RELATED: San Diego COVID-19 trackerWith a lot of customers now shopping online for in-store pick-up, Walmart has a high demand for personal shoppers to fulfill those orders, Wilson said.Papa John’s announced Monday it will hire 20,000 workers nationwide, including 130 to 140 team members in San Diego County alone. The company is hiring various team member roles in stores along with delivery drivers, said spokesman Blair Carpenter.“Typically, delivery drivers can expect to earn up to to 15 an hour, and wages can vary at franchise locations,” Carpenter said.RELATED: What's the difference? Cold vs. flu vs. coronavirus symptomsCVS Health announced plans to hire 50,000 workers across the country, including more than 300 people in the San Diego area, part of what it calls the “most ambitious hiring drive in the company’s history.”The company is also boosting bonuses by 0 to 0 for health professionals and in-store associates working on the front lines.“If people have a mindset where they’re passionate about the customer, I’d love to have them apply,” said CVS Vice President of Talent Acquisition Jeffrey Lackey.RELATED: INTERACTIVE MAP: Confirmed coronavirus cases in San Diego CountyLocally based grocer Jimbo’s is also scaling up its workforce, with plans to hire 60-75 new employees. The positions include “food service, meat and produce clerks, stockers, cashiers and baggers,” the company said in a statement.Jimbo’s has given employees a 50 cent per hour raise, boosting its minimum wage to at least an hour. The company said it has opportunities available at their 4S Ranch, Carlsbad, Carmel Valley, Escondido and Horton Plaza locations.Many businesses are accelarating their hiring during the pandemic. Walmart and CVS said they had shortened the hiring process from about two weeks to about one day. RELATED: What's open during California's coronavirus 'stay at home' orderPapa John’s said many applicants would be hired the same day they apply.“We have simplified the hiring process so that most individuals can start in most restaurants on the same day,” said Carpenter. “Applications can be done online in just a few minutes, and we are offering flexibility to interview by phone or in-person, with some safety precautions in place.” 2862