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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) - Local Rep. Duncan Hunter addressed the federal investigation into his campaign's spending and gave his thoughts on the ongoing gun control debate. 173
SAN DIEGO (KGTV) -- Local leaders, including Mayor Kevin Faulconer, gathered at a Menorah lighting at San Diego City Hall. Rabbi Zalman Carlebach says with so many recent events of anti-Semitism, it’s important for communities like San Diego to come together in the spirit of peace. "In light of the current events that are happening around the country, that this world could use some more light. America could use some more light."There are several Hanukkah events scheduled around San Diego. For a list of events click here. 535
SAN DIEGO (KGTV) — Inside or outside San Diego Comic-Con, there's plenty to see and do. But one thing attendees always flock to is the exclusives.The great part about the cool toys and collectibles at Comic-Con every year is that you can snag them even without a badge.Inside the convention, there are tons of exclusives fans can wait in line for or vie for a lottery ticket to get simply the chance to purchase something big. But other booths will have plenty of t-shirts, figurines, comic books, and more within budget to check out.SAN DIEGO COMIC-CON: What to know | Off-site activations | Parking | HeadlinesOutside, pop-up shops throughout downtown San Diego will have special installations featuring Comic-Con exclusive gear featuring fan-favorite characters new and old.Here's a handful of awesome swag fans can grab for or less at Comic-Con this year:Inside the conventionMarvel (Booth #2329): Snag some convention exclusive t-shirts priced between - featuring your favorite Marvel heroes, a special Iron Man arc reactor lanyard for , or pin sets starting at .Hasbro (Booth #3329): This iconic The Incredible Hulk 6″ action figure sports the character's classic comic look, featuring a crushed pipe accessory too, for .Mondo (Booth #435): If you love commemorative posters, Mondo has a new set of SDCC exclusive artwork, including Snoopy/Apollo posters for , a Batman: Hush poster for , and a couple of Marvel posters for .Mattel (Booth #2945): Oooh yeeeah. Mattel is selling a “Macho Man” Randy Savage action figure in the style of the wrestlers Slim Jim commercial for . It even comes in a Slim Jim box.Entertainment Earth (Booth #2343): Take a trip to a tropical galaxy far, far away with these convention exclusive Star Wars tiki mugs. Choose from 20 oz. tiki mugs featuring Bossok or Admiral Ackbar for each or a Lando/Nien Nunb 2-pack for .Outside the conventionFYE Pop-up Shop (Horton Plaza): The FYE Pop-up Shop returns with more Comic-Con-exclusive merchandise including specially created cereals for "Child's Play" () and "Kiss" (), a special "Stranger Things" cassette featuring music from the series (), or various t-shirts under .Super7’s “Revenge of the Boodega” shop (701 8th Ave., San Diego): Celebrate Universal Studios Monsters with a special SDCC monsters beach towel for , "monster vision" glasses for , actions figures for , or monster masks for .Arts-Rec (2161 Logan Ave., Barrio Logan): Just a short distance from the convention center, legendary Artist Stan Sakai and Arts-Rec are selling Comic-Con exclusive skateboard decks () and t-shirts () celebrating the 35th anniversary of Usagi Yojimb.Hello Kitty Cafe Truck (Petco Park Interactive Zone): Hello Kitty fans will be treated with exclusive macaron sets featuring Hello Kitty, My Melody, Chococat, Keroppi, & Tuxedo Sam for , confetti popcorn, t-shirts for kids and adults, headbands, canvas totes, exclusive thermal bottles, and more.Comic Pop Up Market + Art Show (WorldBeat Cultural Center, Balboa Park): Check out a free art show filled with handmade goods, artisans, vegan food vendors, Kombucha on tap , face painting and more. While in Balboa Park, check out The Batman Experience at the new Comic-Con Museum too. 3288
SAN DIEGO (KGTV) - Members of a newly formed Guardian Angels chapter in Pacific Beach went on patrol for the first time Saturday night.Members of the Sacramento Chapter traveled to San Diego to train the new volunteers. Administrator Sarah Bonesteel joined after a neighborhood crime walk, saying "crime is getting out of control, we've lost our parks, and our library and things like that."RELATED: Guardian Angels look to start street patrols in Pacific BeachThe Guardian Angels are a national crime prevention nonprofit organization that started in New York in 1979. The group said it created chapters in over 130 cities in 13 countries.While the group has several programs to prevent crime, the most visible are its street patrols. The Pacific Beach Chapter hopes to provide a safe environment after the bars close.Guardian Angels patrol in groups of at least two while wearing red berets and uniforms, and say the patrols are meant to serve as a visual deterrent and aim to avoid violent confrontations.Angels on patrols are unarmed but trained in self-defense to protect themselves in case a situation becomes physical. They hope they do not have to use their training.The organization conducts background checks on new members to ensure everyone's safety. 1270