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SAN DIEGO (KGTV) -- The market may soon be looking up for San Diegans hoping to buy a home. A new report by Zillow found that many economists believe the housing market in the West will turn into a buyer’s market by 2020.According to the housing site, home-values have appreciated faster in 2018 than in 2017. That coupled with a fall in inventory means that sellers are in the driver’s seat.At least for now. Zillow says recent data suggest the balance may be starting to tilt back toward buyers. Home growth is slowing in more than half the nation’s 35 largest metros and price cuts are common.Even in San Diego, where the cost of living is well above average, 20 percent of listings saw a price cut in June.A separate report from Zillow found that the increase in home values has also slowed throughout San Diego.Three out of four economists surveyed say the national housing marked could see a shift to a buyer’s market by 2020.Those same economists say the Midwest will be the first to see the shift, beginning as early as 2019, followed by the Northeast, South and West in 2020.“For the past several years, home sellers held all the cards at the negotiating table, fielding multiple offers while buyers faced stiff competition and a fast-moving market,” said Zillow Senior Economist Aaron Terrazas.Over the next year, Zillow expects the rate of appreciation to slow to 4.7 percent in San Diego, where the median home price is 4,100.“Conditions are starting to show signs of easing up, but the effects of years of limited construction still linger. Inventory is still falling on an annual basis, and home values are growing well above their historic pace. Although these trends are starting to lose their edge, it is far too soon to call it a buyers market,” Terrazas said. 1789
SAN DIEGO (KGTV) — The first-ever professional sports event to be held on an active military base will be held in San Diego this February.As a special thank you to the military, the San Diego Seals pro lacrosse team will play a regular season game on the flight line of MCAS Miramar on Saturday, Feb. 22, 2020, against the Vancouver Warriors. The team has dubbed the first regular season pro sports game on a Marine base the "Rumble on the Runway."RELATED: Padres, D-Backs meet in regular-season games in Mexico City“With more than 100,000 active-duty military personnel calling San Diego home, we are forever grateful for their commitment to protecting our freedom, this city and this great country,” said Seals president Steve Govett. “This game, and the events surrounding it, are a way for us to say ‘thank you’ to them and their families for their service.”A special arena will be constructed to host the event and Seals players will also take part in a series of events leading up to the game with the military and their families.The event will be closed to season ticket members and select active duty, reservist, and retired military guests.RELATED: Padres players surprise San Diego elementary school students with new bikes“MCAS Miramar has a deeply rooted relationship with the San Diego community,” said Col. Charles Dockery, commanding officer, MCAS Miramar. “We strive to be outstanding neighbors to our fellow San Diegans by working hand in hand with them every chance we get. Miramar is grateful to host our San Diegan neighbors for Rumble on the Runway right here on the flight line.”Tickets will be made available to season ticket members online and are already available to military patrons. 1718
SAN DIEGO (KGTV) - Supporters of labor unions rallied across the country on Saturday ahead of a Supreme Court case that could effect how unions collect agency fees. One was held in downtown San Diego outside the California Democratic Convention, where hundreds of union supporters gathered for the “Working People’s Day of Action” event. Demonstrators were supporting the union AFSCME, which is engaged in a court battle that has made its way to the Supreme Court. In Janus v. AFSCME, the Supreme Court will decide whether it is legal for unions, which often donate to political causes, to compel members to agency fees. Those fees are collected by unions from employees who have opted not to join the union but still benefit from collective bargaining. The plaintiff, Mark Janus, has argued it violates his first amendment rights to pay fees to an organization that he disagrees with politically. A ruling in his favor could have wide-reaching effects on public sector labor unions around the country, argues famed labor organizer, Dolores Huerta. “That is going to be very devastating to our unions here in California,” said Huerta, if the court sides with Janus. 1213
SAN DIEGO (KGTV) - The magic of Dr. Seuss’s How The Grinch Stole Christmas returns to the Old Globe Theatre for the holidays.This is the 20th year of the family favorite in Balboa Park.The running time is 1 hour, 25 minutes with no intermission. Families with children under age three will be admitted to the 11 a.m. performances only.Get ticket information here. 371
SAN DIEGO (KGTV) - The family of a California Firefighter is hoping for his safe return after authorities in Mexico arrested two people linked to the case.Authorities announced on Friday that they had arrested a couple linked to the case. The couple has been identified as 32-year-old Fanny N. and 27-year-old Santos N.They say the couple had bank cards with Aguilar's name on them, and the cards were used at businesses in Ensenada, Rosarito, and Tijuana. The arrest was made Thursday.Aguilar disappeared in August when we went to his second home in Baja California.According to Mexican authorities, Aguilar had arranged to meet with one of the suspects at a Rosarito address. They believe it could have been a set up to kidnap him. Aguilar tried to escape.Authorities say neighbors heard gunshots and investigators found bloodstains in the area, but they have not been able to locate Aguilar.Aguilar's cousin in San Diego county, Nancy, says she is hopeful that her cousin will be found."I have faith that he's out there alive, and we are going to find him," she said.Authorities are questioning the suspects for leads. 1129