Reuters has a summary of what is in the final tax bill. #TaxReform
https://www.reuters.com/article/us-usa-tax-provisions-factbox/whats-in-the-final-republican-tax-bill-idUSKBN1ED27K
San Diego real estate blog tracking news and market trends related to real estate, banking, and technology posted by a San Diego Commercial Appraiser. #SanDiegoCommercialAppraiser #CommercialAppraisals
Wednesday, December 20, 2017
Monday, December 11, 2017
The San Diego vacation rental regulations that we may have to live with for a very long time goes up for vote...
The San Diego vacation rental regulations that we may have to live with for a very long time goes up for vote TOMORROW. #Airbnb #SanDiego
https://www.voiceofsandiego.org/topics/government/everything-need-know-big-vacation-rental-vote/
https://www.voiceofsandiego.org/topics/government/everything-need-know-big-vacation-rental-vote/
Thursday, December 7, 2017
The Case-Shiller Index reporting on the local housing real estate index is up 7.55% from one year ago for San Diego.
The Case-Shiller Index reporting on the local housing real estate index is up 7.55% from one year ago for San Diego. See link for the most recent graph.
#SanDiego #RealEstate
https://ycharts.com/indicators/case_shiller_home_price_index_san_diego
#SanDiego #RealEstate
https://ycharts.com/indicators/case_shiller_home_price_index_san_diego
Monday, November 27, 2017
The homeless population is impacting downtown Portland to the point that businesses are relocating.
The homeless population is impacting downtown Portland to the point that businesses are relocating. This is why it is so important for the City of San Diego to get in front of our current housing crisis. #SanDiego
http://www.foxnews.com/us/2017/11/27/columbia-sportswear-may-close-downtown-portland-office-over-threats-public-defecation-by-homeless-people.html
http://www.foxnews.com/us/2017/11/27/columbia-sportswear-may-close-downtown-portland-office-over-threats-public-defecation-by-homeless-people.html
Sunday, November 26, 2017
The LA Times has an interesting article about a former Sears building renovation underway in Santa Monica.
The LA Times has an interesting article about a former Sears building renovation underway in Santa Monica. #Retail #CRE
http://www.latimes.com/business/la-fi-sears-santa-monica-20171126-story.html
http://www.latimes.com/business/la-fi-sears-santa-monica-20171126-story.html
Friday, November 24, 2017
This PBS series How We Got To Now will be of interest to Real Estate professionals.
This PBS series How We Got To Now will be of interest to Real Estate professionals. The series looks at how the invention of sewers, clocks, lighting, glass, sound, air conditioning and other historical technology occurred. The programs focus at how these inventions influenced the development of urban areas and society in general. The Clean episode details how in the City of Chicago had to elevate the massive buildings in the urban core above street level to create a grade change to allow new sewer laterals to work. The Cold episode details how air conditioning directly impacted the build out of the Southwest and changed the U.S. electoral map. #RealEstate
http://www.pbs.org/show/how-we-got-now/
http://www.pbs.org/show/how-we-got-now/
Wednesday, November 22, 2017
Good news for people in real estate and finance that rely on the HP12C to run their business calculations.
Good news for people in real estate and finance that rely on the HP12C to run their business calculations. The HP company has published an HP12C calculator app on Google Play. It costs $14.99. There is also a free HP12C app that has a few pop up advertisements in the upper right hand corner called TouchFin that is available for Iphones and Andriod phones. Please refer to link in previous post. #HP12C #CRE #RealEstate
https://play.google.com/store/apps/details?id=com.hp.hp12c&hl=en#details-reviews
https://play.google.com/store/apps/details?id=com.hp.hp12c&hl=en#details-reviews
Monday, November 20, 2017
The popular real estate calculator, the HP12C , is available as an App for the Iphone and for Android phones.
The popular real estate calculator, the HP12C , is available as an App for the Iphone and for Android phones. So cool. Elvis Pfützenreuter you are the greatest! #RealEstate #CRE #HP12C
https://epxx.co/ctb/touchfin/
https://epxx.co/ctb/touchfin/
Thursday, November 9, 2017
The fight for your TV subscription business has been at full tilt since early 2017.
The fight for your TV subscription business has been at full tilt since early 2017. AT&T offered steep price incentives to customers to obtain a satellite dish or to sign up with DirectTVNow (its internet streaming service), in an effort to shift customers away from its more costly to maintain cable TV infrastructure. Hulu, SlingTV, and Netflix already had a strong internet streaming customer base. Now Google is entering the fray offering YouTubeTV streaming services in San Diego. #YouTubeTV #SanDiego
http://www.sandiegouniontribune.com/business/technology/sd-fi-youtubetv-review-20170902-story.html
http://www.sandiegouniontribune.com/business/technology/sd-fi-youtubetv-review-20170902-story.html
Tuesday, November 7, 2017
According to the National Association of Realtors, the number of Realtors is approaching the 2006 level.
According to the National Association of Realtors, the number of Realtors is approaching the 2006 level. #RealEstate
https://seekingalpha.com/article/4121669-growing-number-realtors-may-signal-real-estate-bubble
https://seekingalpha.com/article/4121669-growing-number-realtors-may-signal-real-estate-bubble
Saturday, October 21, 2017
The families that have lost their homes this fall are trying to move forward in what was already a very tight and...
The families that have lost their homes this fall are trying to move forward in what was already a very tight and competitive housing market. Realtors, property managers, and local municipalities throughout the California must step up as never before to develop practical solutions for these families. #RealEstate
http://www.cnn.com/2017/10/21/us/california-fires-housing-crisis/index.html
http://www.cnn.com/2017/10/21/us/california-fires-housing-crisis/index.html
Saturday, October 14, 2017
Airbnb is developing its own properties.
Airbnb is developing its own properties.
http://www.slate.com/blogs/future_tense/2017/10/13/airbnb_s_first_apartment_complex_will_cater_to_disney_world_tourists.html
http://www.slate.com/blogs/future_tense/2017/10/13/airbnb_s_first_apartment_complex_will_cater_to_disney_world_tourists.html
If you are curious about the recent changes to Loopnet and Costar you can check out this link. #CRE
If you are curious about the recent changes to Loopnet and Costar you can check out this link. #CRE
http://blog.loopnet.com/2017/10/upcoming-enhancements-heres-what-you-need-to-know/
http://blog.loopnet.com/2017/10/upcoming-enhancements-heres-what-you-need-to-know/
Thursday, October 12, 2017
First Tuesday discusses graduated zoning as a means to address the California housing shortage. #RealEstate
First Tuesday discusses graduated zoning as a means to address the California housing shortage. #RealEstate
http://journal.firsttuesday.us/housing-shortage-graduated-zoning-changes-are-the-answer/60246//?utm_source=newsletter&utm_medium=email&utm_content=100917&utm_campaign=saprior
http://journal.firsttuesday.us/housing-shortage-graduated-zoning-changes-are-the-answer/60246//?utm_source=newsletter&utm_medium=email&utm_content=100917&utm_campaign=saprior
Tuesday, October 3, 2017
San Diego Airbnb debate continues with alternate plans to be discussed by the City Council on October 23, 2017.
San Diego Airbnb debate continues with alternate plans to be discussed by the City Council on October 23, 2017.
#SanDiego #Airbnb
http://www.sandiegouniontribune.com/business/tourism/sd-fi-airbnb-proposal-20170920-story.html
#SanDiego #Airbnb
http://www.sandiegouniontribune.com/business/tourism/sd-fi-airbnb-proposal-20170920-story.html
Monday, October 2, 2017
Tenants in San Diego threatening rental strike over habitability issues at local apartment complex and protesting...
Tenants in San Diego threatening rental strike over habitability issues at local apartment complex and protesting high rental increases. #SanDiego
https://www.sandiegoreader.com/news/2017/sep/30/ticker-linda-vista-tenants-threaten-rent-strike/
https://www.sandiegoreader.com/news/2017/sep/30/ticker-linda-vista-tenants-threaten-rent-strike/
Friday, September 29, 2017
Wondering what local bureaucrats are paid and how your tax dollars are being put to work?
Wondering what local bureaucrats are paid and how your tax dollars are being put to work?? You can now look this up online. Transparent California is a public service and is dedicated to providing accurate, comprehensive and easily searchable information on the compensation of public employees in California. #California
http://transparentcalifornia.com/salaries/all/
http://transparentcalifornia.com/salaries/all/
Current San Diego housing market update, including all the numbers: transaction volume, turnover rate, price change...
Current San Diego housing market update, including all the numbers: transaction volume, turnover rate, price change by tier, construction starts and home ownership trends. #SanDiego #RealEstate
http://journal.firsttuesday.us/san-diego-housing-indicators-2/29246/
http://journal.firsttuesday.us/san-diego-housing-indicators-2/29246/
Thursday, September 7, 2017
I know a lot of hard working real estate professionals that try to be perfectionists.
I know a lot of hard working real estate professionals that try to be perfectionists. Unique properties, different clients with different needs and ever-changing market conditions mean that getting a deal closed is a major achievement in itself.
#RealEstate
https://www.entrepreneur.com/article/298163#
#RealEstate
https://www.entrepreneur.com/article/298163#
New residential tower going up in UTC.
New residential tower going up in UTC.
http://www.sdbj.com/news/2017/sep/05/westfield-begins-work-new-apartment-tower-utc/
http://www.sdbj.com/news/2017/sep/05/westfield-begins-work-new-apartment-tower-utc/
Wednesday, August 23, 2017
Freddie Mac is rolling out new automatic appraisal options for residential mortgages in September, 2017 for loans...
Freddie Mac is rolling out new automatic appraisal options for residential mortgages in September, 2017 for loans processed using Loan Adviser Suite. #RealEstate
http://freddiemac.mwnewsroom.com/press-releases/freddie-mac-introduces-innovative-appraisal-altern-otcqb-fmcc-1318582
http://freddiemac.mwnewsroom.com/press-releases/freddie-mac-introduces-innovative-appraisal-altern-otcqb-fmcc-1318582
Thursday, August 17, 2017
The Assessor's Office is seeing an increase in property tax defaults this year.
The Assessor's Office is seeing an increase in property tax defaults this year. Most commercial properties that qualified for a reduced assessment during the recession had their assessed values brought to fair market by 2015. Lower cap rates have been driving up commercial values, placing pressure on income property owners with recently assessed properties. The Assessor's office bases all commercial property tax assessments on fee simple values, a scenario that assumes new fair market leases in place for income properties. #SanDiego
http://www.nbcsandiego.com/news/local/More-Than-22000-San-Diego-County-Property-Taxpayers-in-Default-440860353.html
http://www.nbcsandiego.com/news/local/More-Than-22000-San-Diego-County-Property-Taxpayers-in-Default-440860353.html
Friday, July 28, 2017
The retail shake up continues as fast food chains like McDonald's have made iced lattes and coffee drinks a part of...
The retail shake up continues as fast food chains like McDonald's have made iced lattes and coffee drinks a part of their standard menu. Starbucks to close all 379 Tevana locations. #CRE
http://abcnews.go.com/Business/wireStory/starbucks-shutter-teavana-stores-sales-disappoint-48892840
http://abcnews.go.com/Business/wireStory/starbucks-shutter-teavana-stores-sales-disappoint-48892840
Bloomberg has a nice update on what has been occurring with U.S.
Bloomberg has a nice update on what has been occurring with U.S. economic growth. It notes that nationally, residential developers are becoming hemmed in by the construction labor supply and a lack of developable lots. #RealEstate #Bloomberg
https://www.bloomberg.com/news/articles/2017-07-28/u-s-economic-growth-rebounds-but-breaking-out-is-hard-to-do
https://www.bloomberg.com/news/articles/2017-07-28/u-s-economic-growth-rebounds-but-breaking-out-is-hard-to-do
Thursday, July 13, 2017
The State of California enforces $4,000 anti-discrimination fine with Airbnb host.
The State of California enforces $4,000 anti-discrimination fine with Airbnb host.
#Airbnb
http://www.latimes.com/business/la-fi-airbnb-discrimination-20170713-story.html
#Airbnb
http://www.latimes.com/business/la-fi-airbnb-discrimination-20170713-story.html
The City of San Diego mayor meets with local Realtors to discuss housing inventory.
The City of San Diego mayor meets with local Realtors to discuss housing inventory. Link to 99-page study from previous July prepared by London Realty Advisors for the San Diego Regional Chamber of Commerce. #SanDiego #RealEstate
http://www.cbs8.com/story/35876671/report-san-diego-housing-and-affordability-will-get-worse-by-2020
http://www.cbs8.com/story/35876671/report-san-diego-housing-and-affordability-will-get-worse-by-2020
Sunday, June 18, 2017
The Voice of San Diego reports on opposition to SoccerCity in Mission Valley by large local developers.
The Voice of San Diego reports on opposition to SoccerCity in Mission Valley by large local developers. #SanDiego #RealEstate
http://www.voiceofsandiego.org/topics/land-use/how-san-diegos-biggest-developers-swarmed-against-soccercity/
http://www.voiceofsandiego.org/topics/land-use/how-san-diegos-biggest-developers-swarmed-against-soccercity/
Friday, June 16, 2017
Amazon to buy Whole Foods for 13.7 billion. Game changer for grocery retailers.
Amazon to buy Whole Foods for 13.7 billion. Game changer for grocery retailers.
#CRE #Retail
https://techcrunch.com/2017/06/16/amazon-wants-to-become-walmart-before-walmart-can-become-amazon/
#CRE #Retail
https://techcrunch.com/2017/06/16/amazon-wants-to-become-walmart-before-walmart-can-become-amazon/
Wednesday, June 7, 2017
The UTC Westfield mall will be looking a lot nicer by this October.
The UTC Westfield mall will be looking a lot nicer by this October. A new indoor/outdoor event space for concerts, an art-walk, a jet water fountain for kids, and new gardens are all in the works along with more parking. #SanDiego
http://www.sandiegouniontribune.com/business/retail/sd-fi-utc-renovation-20170606-story.html
http://www.sandiegouniontribune.com/business/retail/sd-fi-utc-renovation-20170606-story.html
The Qualcomm Stadium appraisal is in, and we are back at it with determining a politically acceptable use of the...
The Qualcomm Stadium appraisal is in, and we are back at it with determining a politically acceptable use of the land. #SanDiego
http://www.voiceofsandiego.org/topics/land-use/bombshell-appraisal-puts-qualcomm-stadium-land-at-110-million-as-is/?google_editors_picks=true
http://www.voiceofsandiego.org/topics/land-use/bombshell-appraisal-puts-qualcomm-stadium-land-at-110-million-as-is/?google_editors_picks=true
Wednesday, May 24, 2017
Rattlesnake report in UTC today.
Rattlesnake report in UTC today. There was also a very serious bee attack to a mother taking her baby out for a walk up in north county reported on the news yesterday. The weather is changing and making the wildlife more active. Be careful out there. #SanDiego
Thursday, May 4, 2017
Way to Go America's Finest City!!! Excellent tourist industry report in the San Diego Union-Tribune.
Way to Go America's Finest City!!! Excellent tourist industry report in the San Diego Union-Tribune.
http://www.sandiegouniontribune.com/business/tourism/sd-fi-tourism-economic-impact-20170504-story.html
http://www.sandiegouniontribune.com/business/tourism/sd-fi-tourism-economic-impact-20170504-story.html
Wednesday, May 3, 2017
Don Zech has posted a great retail market update for the San Diego commercial real estate community.
Don Zech has posted a great retail market update for the San Diego commercial real estate community.
http://cdccommercial.com/may-2017-monthly-letter#.WQpkuMdsXqc.google_plusone_share
http://cdccommercial.com/may-2017-monthly-letter#.WQpkuMdsXqc.google_plusone_share
Wednesday, April 19, 2017
Bloomberg weighs in on the Amazon effect.
Bloomberg weighs in on the Amazon effect. Look for more office and medical office uses in retail centers and more flex users in Class B office down the road.
#Retail #CRE
https://www.bloomberg.com/news/articles/2017-04-07/stores-are-closing-at-a-record-pace-as-amazon-chews-up-retailers
#Retail #CRE
https://www.bloomberg.com/news/articles/2017-04-07/stores-are-closing-at-a-record-pace-as-amazon-chews-up-retailers
Friday, March 31, 2017
Father Joe's announces plan to address downtown San Diego homeless situation.
Father Joe's announces plan to address downtown San Diego homeless situation. The most affordable older SROs were demolished for new development over the past 20 years. #Downtown #SanDiego
http://www.cbs8.com/story/35034530/motel-makeovers-father-joes-unveils-plan-to-house-the-homeless
http://www.cbs8.com/story/35034530/motel-makeovers-father-joes-unveils-plan-to-house-the-homeless
This index can help commercial realtors determine the current phase of the market cycle.
This index can help commercial realtors determine the current phase of the market cycle.
#Realtors #CRE
http://www.bizjournals.com/prnewswire/press_releases/2017/03/31/PH50894
#Realtors #CRE
http://www.bizjournals.com/prnewswire/press_releases/2017/03/31/PH50894
Thursday, March 30, 2017
Tuesday, March 28, 2017
The mini-dorm dispute continues near SDSU.
The mini-dorm dispute continues near SDSU. Several housing projects are planned on Mission Gorge Road and I-8, however, the area has to go through flood mitigation planning first. Properties that are not designed for higher occupancy have parking ratio problems and the agendas of younger and older residents often do not mix. Ideally, there needs to be more built-to-suit affordable student housing up and down the trolley line near SDSU. Rising rents are making it more difficult for students to finish their degrees. #RealEstate #SDSU
http://www.sandiegoreader.com/news/2017/mar/27/ticker-sdsu-mini-dorm-group-sues-again
http://www.sandiegoreader.com/news/2017/mar/27/ticker-sdsu-mini-dorm-group-sues-again
Wednesday, March 22, 2017
Sears closure appears imminent. #CRE
Sears closure appears imminent. #CRE
http://www.usatoday.com/story/money/business/2017/03/21/sears-says-substantial-doubt-can-stay-business/99479726/
http://www.usatoday.com/story/money/business/2017/03/21/sears-says-substantial-doubt-can-stay-business/99479726/
The City is being forced to weigh in on short-term rentals, a relatively new land use phenomenon that the zoning...
The City is being forced to weigh in on short-term rentals, a relatively new land use phenomenon that the zoning code does not address. If it's not specifically allowed in the code then it is not an outright legal use at this time as far as the City of San Diego is concerned. However, in recent years they have allowed this use and taxed the rental fees. So it's not allowed, but it's being taxed. This newer land use that was brought on by the internet is so widespread that it is expected to take some time for across the board enforcement and the establishment of new regulations. Property owners that fail to ensure quiet enjoyment to their neighbors have been the ones targeted for enforcement and fines thus far. #RealEstate #AirBNB
http://www.cbs8.com/story/34928512/short-term-vacation-rentals-no-longer-permitted-in-san-diego
http://www.cbs8.com/story/34928512/short-term-vacation-rentals-no-longer-permitted-in-san-diego
Sunday, March 19, 2017
This mitigation is critical for the air quality in surrounding communities.
This mitigation is critical for the air quality in surrounding communities.
#RealEstate #CRE
http://www.latimes.com/local/california/la-me-salton-sea-20170317-story.html
#RealEstate #CRE
http://www.latimes.com/local/california/la-me-salton-sea-20170317-story.html
Friday, March 17, 2017
That's real estate for you.
That's real estate for you. It's a volatile market out there - even for classic Monopoly game tokens. The thimble is out and T-Rex and others are in.
#Realtor
http://www.huffingtonpost.com/entry/new-monopoly-token-pieces_us_58cad9a3e4b0ec9d29d9eca0
#Realtor
http://www.huffingtonpost.com/entry/new-monopoly-token-pieces_us_58cad9a3e4b0ec9d29d9eca0
Thursday, March 16, 2017
The Brookings Institution has released its 2017 Metro Monitor.
The Brookings Institution has released its 2017 Metro Monitor. The Metro Monitor tracks economic progress in the nation’s 100 largest metropolitan areas (Including San Diego, CA) based on growth and prosperity. This year’s edition focuses on market trends from 2010 to 2015, a period of hastening recovery from the Great Recession. This is a more technical publication regarding metro area productivity and prosperity. You can download the full report or an executive summary. I will be making posts with less technical market trend data soon.
https://www.brookings.edu/research/metro-monitor-2017/
https://www.brookings.edu/research/metro-monitor-2017/
Wednesday, February 15, 2017
This web site will allow busy realtors to better plan trips and avoid peak traffic times throughout the region.
This web site will allow busy realtors to better plan trips and avoid peak traffic times throughout the region. It maps the historical speeds on freeways for each day of the week and throughout the day for major cities in the region so that you can pick the very best time to hit the road. #Realtor
http://trafficpredict.com/current_traffic/?location=san-diego
http://trafficpredict.com/current_traffic/?location=san-diego
Local property management firm closes down leaving property owners and tenants in a lurch.
Local property management firm closes down leaving property owners and tenants in a lurch.
http://www.cbs8.com/story/34495380/residents-left-in-limbo-by-poway-property-management-company
http://www.cbs8.com/story/34495380/residents-left-in-limbo-by-poway-property-management-company
City planners look towards creating a 30-acre park in Mission Valley along the San Diego River. #SanDiego
City planners look towards creating a 30-acre park in Mission Valley along the San Diego River. #SanDiego
http://www.kpbs.org/news/2017/feb/15/san-diego-may-get-elusive-river-park
http://www.kpbs.org/news/2017/feb/15/san-diego-may-get-elusive-river-park
Wednesday, February 1, 2017
Fed waits for real economy to match rising confidence - Not changing interest rates for now.
Fed waits for real economy to match rising confidence - Not changing interest rates for now.
http://www.marketwatch.com/story/fed-holds-steady-wanting-more-than-just-rising-confidence-2017-02-01
http://www.marketwatch.com/story/fed-holds-steady-wanting-more-than-just-rising-confidence-2017-02-01
Bankrate.com reports on the best neighborhoods in the U.S. for flipping homes.
Bankrate.com reports on the best neighborhoods in the U.S. for flipping homes.
#RealEstate #Realtor
http://www.bankrate.com/finance/real-estate/best-neighborhoods-for-buying-flipping-homes-1.aspx
#RealEstate #Realtor
http://www.bankrate.com/finance/real-estate/best-neighborhoods-for-buying-flipping-homes-1.aspx
According to the L.A.
According to the L.A. Times, the federal government has ordered a local mortgage company to pay $3.5 million to settle charges that it operated illegal kickback schemes with real estate agents and brokers. #RealEstate #CRE #Realtor
http://www.latimes.com/business/la-fi-mortgage-kickbacks-20170131-story.html
http://www.latimes.com/business/la-fi-mortgage-kickbacks-20170131-story.html
Thursday, January 12, 2017
The animals at the Portland Zoo are having a snow day!
The animals at the Portland Zoo are having a snow day! Something to cheer up all of you hard working realtors!!! #RealEstate
https://youtu.be/r19F6LhzhCA
https://youtu.be/r19F6LhzhCA
The Scotsman Guide has an article about what to expect from the mortgage industry in 2017. #RealEstate
The Scotsman Guide has an article about what to expect from the mortgage industry in 2017. #RealEstate
http://www.scotsmanguide.com/Residential/Articles/2017/01/What-Lies-Ahead-in-2017-/
http://www.scotsmanguide.com/Residential/Articles/2017/01/What-Lies-Ahead-in-2017-/
Tuesday, January 10, 2017
Costar has posted a summary of the major, year end, commercial real estate news. #CRE
Costar has posted a summary of the major, year end, commercial real estate news. #CRE
http://www.costar.com/News/Article/2016-Another-Banner-Year-for-Commercial-Real-Estate/187711
http://www.costar.com/News/Article/2016-Another-Banner-Year-for-Commercial-Real-Estate/187711
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