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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) -- Many drivers around San Diego say they’re worried about being cited after seeing what some people call “smog checkpoints.”Motorists recently came across one of the mobile smog checks on Nimitz in Point Loma. A roadside team was inspecting cars to gather data in hopes of improving air quality.The mobile unit is set up to look like a DUI checkpoint, but stopping is voluntary. "I look ahead, and I see lights. It's obviously police action, and I'm thinking maybe there's a car accident,” said Nanci Washburn.Washburn said the activity created traffic backup, making her late for a meeting. "Here is a CHP car. Two officers, there's a whole blue tented area here with chairs. Once I got past that, here is a lift to put a car on."Washburn says the first thought that went through her head was that authorities were targeting older vehicles due to emission problems.10News spoke to the California Highway Patrol and the agency behind the smog checks, the Bureau of Automotive Repair. Those agencies say it’s not a checkpoint and no one is being impounded, rather, it’s a voluntary survey to help the state meet air quality standards.The agencies involved claim drivers aren’t penalized for not participating. "There's no fines and no penalties if they pass or fail, it's just informational. And we use this information to help us manage and evaluate the California Smog Check Program,” said Michael Lafferty.Essentially, the state is policing their program, officials claim. The checks are done in zip codes with poor air quality. 1556
SAN DIEGO (KGTV) — Looking for a laugh? It is, after all, the best medicine, right?There's plenty of belly shaking humor to be discovered around San Diego. From open mic nights to nationally-known comics being showcased, locals can find it all at our city's comedy clubs.If you're looking for a spot to sit down, have a drink, and spit-take that drink, here's where you'll find the fun around town:The American Comedy Co.: 818 B 6th Ave., San DiegoAMC is located in the heart of the Gaslamp District, giving guests to chance to spend the night downtown and enjoy laughs with little travel time between activities. The club's underground feel also gives it a speak-easy, intimate vibe. | ScheduleThe Comedy Store: 916 Pearl St., La JollaDavid Letterman threw out the first joke to usher in the famed Comedy Store's La Jolla digs in 1977. The comedy spot gives visitors the comfort of a night near a scenic view of the Pacific while enjoying some laughs. | ScheduleThe Mad House Comedy Club: 502 Horton Plaza, San DiegoNational and local comics take the stage at Mad House most nights every week in Horton Plaza. | ScheduleThe Comedy Palace: 8878 Clairemont Mesa Blvd., Kearny MesaCheck out a lineup of local and nationally-featured comics taking the stage in Kearny Mesa at The Comedy Palace. | ScheduleThe Comedy Club at Pechanga: 4500 Pechanga Pkwy., TemeculaPechanga Resort Casino's Comedy Club brings together some of the comedy circuit's brightest stars and up-and-comers, offering comedy and dinner packages as well. | ScheduleSycuan Live & Up Close: 3007 Dehesa Rd., El CajonNational comedians hit the stage at Sycuan Resort & Casino's Live & Up Close performances. | ScheduleNational Comedy Theatre: 3717 India St., San DiegoImprov comedy and entertainment for all ages from national troupes can be seen at National Comedy Theatre. | ScheduleWinston's Beach Club: 1921 Bacon St., Ocean BeachOpen mic nights, comedy showcases, and roast battles are held weekly at Winston's in OB. | Schedule 2017
SAN DIEGO (KGTV) — It's called "cuffing season" and San Diego is the place to be for participating singles.According to Match, cuffing season is defined as "when daters find someone to settle down within the colder months … and may or may not be a relationship that lasts until the spring."Essentially handcuffing yourself to someone for the winter, before parting ways in the spring.RELATED: The San Diego single scene doesn't offer much, study saysUsing data from its Singles in America study, which Match calls the nation's largest study of singles' dating habits, the site based its rankings on more than 5,000 singles of all ages in the U.S. That study says nationwide, 70 percent of Gen Z and 63 percent of Millennials are searching for love, with about 14 percent of singles saying pressure from family or friends is the key reason they seek out a long-term relationship. The survey adds that only 9 percent of singles are looking to date casually.With that in mind, San Diego ranked as the second best city for cuffing, behind only Indianapolis. Although cuffing season occurs in the winter months, many of the best cities are located in more temperate climates:1. Indianapolis, Ind.2. San Diego, Calif.3. Denver, Colo.4. Chicago, Ill.5. Memphis, Tenn.6. Charlotte, N.C.7. San Antonio, Texas8. Columbus, Ohio9. Houston, Texas10. Los Angeles, Calif.RELATED: Dinner with a view: 9 San Diego restaurants named most scenic in AmericaBut for those looking for a temporary date to help make the end of the year less lonely, many other big cities are actually the worst place to be, according to Match:1. El Paso, Texas2. Washington, D.C.3. Detroit, Mich.4. Philadelphia, Penn.5. Fort Worth, Texas6. New York, N.Y.7. Baltimore, Md.8. Boston, Mass.9. Dallas, Texas10. Seattle, Wash.When it comes to San Diego's dating scene, the climate itself can also be called temperate.According to a previous study by Apartment List, San Diego ranked 73 overall for best cities for singles. In that analysis, only about 22 percent of respondents were satisfied with the dating scene in San Diego. Between women and men, about 17 percent of women and 35 percent of men were satisfied with dating here.Another recent study also offered clues as to San Diego's iffy state for singles. That survey, also compiled by Match, found that the average price of a date in California ran singles about 6, one of the highest in the country. Those figures were based on a dinner for two, two movie tickets, and bottle of wine. 2511
SAN DIEGO (KGTV) — If you've noticed the sharp increase in gas prices around San Diego lately, chances are we're not done.The average price for a gallon of gas Saturday was .77 in San Diego, according to AAA, jumping another four cents since Friday and reaching the highest San Diego has seen in about five months.At this time last month, San Diegans were paying on average 46 cents less per gallon. A year ago, 23 cents less. The closest San Diego's average has come in recent months to was .84 on average in Oct. 2018, according to Gas Buddy.GAS MAP: Search for the cheapest gallon in San Diego with our Gas Map"Four dollars a gallon on average is certainly within the realm of possibility given today's average is .73 and wholesale prices went up some 18 cents," Patrick HeHaan, with GasBuddy, told 10News. "That, in addition to the increases that are already coming down the pipeline, will likely thrust San Diego to that a gallon mark. That's something we have not seen in four, call it five years."AAA says a series of refinery issues have reduced gas supplies. According to Bloomberg, Valero Energy Corp's refinery in the Bay Area, Phillips 66 refinery in Los Angeles, and Chevron Corp.'s El Segundo plants have all seen shut downs and halts in oil production this month due to various problems.Nationally, gas has been averaging .73 a gallon. California's average was at .74 on Saturday, AAA reports.San Diego's recorded its highest average price on Oct. 8, 2012, when an average gallon cost .72. 1530