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SAN DIEGO (KGTV) — San Diego's shifting real-estate market could mean new opportunities for entry-level home buyers.A new study from realestate.com says the rate of appreciation for homes at the lower third of the price range are appreciating at 2.2 percent annually. That's a large drop off from the 10.4 percent price growth those homes saw from 2017 to 2018. “Those homes, priced in the bottom third of the market, have been appreciating the fastest and have seen the least inventory in recent years and price cuts are becoming more common as the balance between buyers and sellers is trending toward evening out," said Skylar Olsen, director of economic research for Zillow Group, which owns realestate.com "That’s not a huge surprise, as annual home-value appreciation has been well above historic norms for some time, and was due to slow back toward normal.”The typical entry level home in San Diego County is now worth 4,500. That's still a hefty price for San Diego renters who are paying an average of about ,000 a month and struggling to save for a down payment. Still, down payment assistance programs are available through the County and San Diego Housing Commission. Additionally, potential buyers can qualify for an F.H.A. loan with as little as 3.5 percent down. And Veterans can buy homes with nothing down through a V.A. loan. Carlos Espinoza and his wife Esther are buying a two-bedroom condo in Rancho Penasquitos for 9,000, the full asking price. They put 12 percent down, which they accumulated by increasing contributions to Carlos's 401(K), then borrowing from that fund. "Save as much as you can, even though sometimes you may feel like it's not enough," Carlos said. "The American Dream is alive again."Rich Kushner, a realtor with Burke Real Estate Consultants, said the most important thing an entry level buyer can do is get pre-approved for a loan. That will cause a seller to take an offer more seriously."Everything's negotiable when you write a contract, but you're going to have a stronger offer if you have a pre-approval letter," Kushner said. Realestate.com says inventory of entry level homes is up 21 percent annually in San Diego. Still, challenges remain. Both Zillow and Bankrate listed San Diego as one of the nation's most challenging housing markets for first-time buyers. 2333
SAN DIEGO (KGTV) - San Diego-based Qualcomm is bringing tech companies together this week to showcase innovations in technology at its Smart Cities event. Zee Munir is in San Diego to display a giant touchscreen system. It puts everything teachers need for lessons at their fingertips. Teachers can record lessons and even have an extra set of eyes. “The cameras would show whether the student is paying attention or not dozing off or not,” Munir said. The first-of-its-kind event is designed to make it easier for governments to identify and use the smart innovations, which include parking meters, license plates, and even vacuums. Snajeet Pandit of Qualcomm said San Diego is where much of the smart tech begins. “San Diego compared to other cities adopted tech much faster rather than waiting and watching so they are at the cutting edge of deploying tech,” Pandit said. 882
SAN DIEGO (KGTV) -- Some former students of Brightwood College finally have something to celebrate after their school shut down earlier this month.Town & Country San Diego Mission Valley, where the graduation was scheduled to held, will now host the ceremony free of charge.Karlene Carpenter is one of those students looking forward to the graduation ceremony. She spent countless hours with her classmates, studying and preparing for the next phase of their lives. "The curiculum was amazing. I got the best education there," Carpenter said.RELATED: Brightwood College announces sudden closure amid accreditation, financial turmoilBrightwood suddenly shut down, citing accreditation and financial problems. This happened a few days before Carpenter was scheduled to finish the program. Teachers stepped in to help. Carpenter said some clinical instructors worked for free to help them finish. "My last term was straight A's," Carpenter said. At first, it looked like the graduation ceremony scheduled for January 18th at Town & Country San Diego in Mission Valley was not going to happen since the school was out of business."We still had the date booked, but there was no way to pay for it," Carpenter said. "I went to school a little later in life. You want to walk across that stage, you want to wear your cap and gown, you want to participate in the pinning ceremony inducting you into nursing."Then came a little holiday cheer thanks to Santa's helpers, in the form of Town & Country staff. "We have extended to them a complimentary graduation. Everyone in their families can see them and just really enjoy what they worked so hard for," said Susan Penman, director of sales and marketing at the facility. From stressful classes to a sudden college shutdown, it was the news Carpenter was more than happy to hear. "Thank you from the bottom of my heart. My entire class and all of these students are just elated. It was basically a Christmas miracle," she said. 1988
SAN DIEGO (KGTV) - San Diego State University's men's basketball team has returned to the top ten in the national polls for the first time in five years, reaching number seven in the AP and Coach's Polls released Monday. The Aztecs are 15-0 to start the season, making them one of just two undefeated teams remaining in Division One. The other team is Auburn. Head Coach Brian Dutcher says the team is handling the success well, refusing to be distracted. He told 10News that the growing buzz about his team is reminiscent of the program's glory years at the beginning of the decade, when rising star Kawhi Leonard led the team to conference championships and a deep run in the NCAA Tournament.RELATED: San Diego State's stadium effort gets -million donation"It makes a difference," Dutcher said. "It makes a difference in winning and losing. We're excited when this building is full. Hopefully it will be that way for the rest of the year.""Our student section is growing more and more," junior forward Matt Mitchell told 10News. "They're starting to be more and more active. It only helps the city and helps the program and helps the university."The team's next home game, Saturday versus Boise State, sold out Monday afternoon. A spokesperson says they anticipate that sellouts are likely for the team's other six remaining home games as long as the winning streak continues. 1389
SAN DIEGO (KGTV) - Some parents are keeping their children out of school Tuesday to protest the San Diego Unified School District’s sex education curriculum.A group of parents say the district’s Sexual Health Education Program (SHEP) is too graphic and not age-appropriate for their students, and they are urging district officials to eliminate the program.The parents have taken their concerns to the district’s School Board, but they said board members refuse to replace the curriculum.The program's primary goals, according to district officials, are: 562