Airbnb Removing Listings

Airbnb Removing Listings

According to Wired Magazine, Airbnb has purged more than half of its Boston listings to comply with new city regulations and property owner registration requirements.  According to the article, "The home-sharing service is adopting a more conciliatory tone with local regulators ahead of an expected initial public offering next year."

The City of San Diego Is Taking Comments, Suggestions on Housing Policy Outline

The city of San Diego residents can submit comments and suggestions to the city’s Planning Department through Dec. 20, 2019.  The City of San Diego staff will use the comments to prepare the final housing outline draft, which will be presented to the City Council for adoption at a future date.

Link to San Diego Planning Department Page

Draft Housing Element for Public Review

City of San Diego staff are happy to announce the release and public review period for the Draft 6th Cycle Housing Element, which incorporates the input gathered from a wide range of San Diegans. Upon adoption, this plan will be used to guide future housing-related planning decisions through implementation steps designed to meet the identified goals, objectives, and policies. Consistent with the City's General Plan and its City of Villages Strategy, the Draft Housing Element aims to increase housing opportunities while enhancing the transportation and land use connection through an improved jobs-housing balance and creating more compact and walkable communities.

The Draft of the Housing Element can be accessed through the links below. Important content is found in both the main body of the Housing Element and in its appendices.

Comments on the Draft can be submitted through Friday, December 20th, 2019 to Elizabeth Dickson by email at EDickson@sandiego.gov or in writing to 9485 Aero Drive San Diego, CA 92123. 

Salton Sea Documentary on Amazon Prime

This documentary about the Salton Sea is very informative.  It was released in 2015 and is now part of the Amazon Prime library.  As a commercial appraiser, I have been tracking and reporting on the air quality in conjunction with commercial properties being appraised out in the communities impacted.

Genres: Documentary
Director: Bill Wisneski

The United States of Us Mapped

Business Insider has an interesting article that attempts to explain some of our differences here in the U.S.  The Eleven Nations Inside the United States

Here at Chandos Pacific Appraisal, we are major fans of maps. However, this may be an over-simplification of more complex differences.   For example, there are many Californians that want the north and south of the State of California to be divided.

City of Chula Vista Harbor Park Plans In Final Stage

The Port of San Diego and the City of Chula Vista have released renderings of the proposed future parkway.    Chula Vista's New Bay Front Park

Mission Valley Real Estate News

The City of San Diego To Meet About Selling Mission Valley Site to San Diego State University

Idaho Is Not Happy with the Influx of Californians

The Los Angeles Times has an interesting article about the reception Californians are receiving when they move up north.  

 Idaho Residents Concerned With California Invasion

Voice of San Diego Provides Update on Mission Valley Land and SDSU

Update on Mission Valley

Ninth Circuit Upholds Santa Monica Ban on Airbnb-Type Rentals

Court Rules Against Airbnb In Santa Monica, CA

The Courthouse News Service reports. "A Ninth Circuit panel on Thursday affirmed the dismissal of a lawsuit claiming a beach city’s ordinance banning short-term rentals unlawfully disrupts the flow of interstate commerce."

Tiny Houses Approved by City of San Diego

San Diego Approves Tiny Homes

The San Diego Union-Tribune Reports
"San Diego officials say they plan to begin allowing movable “tiny houses” in backyards across the city, to help address the local homelessness and affordable housing crises."

City With A Plan

The City of San Diego Is Finalizing A Plan For Dealing With Homeless

Restaurant Market Trends

Restaurant Business Online reports on the Restaurant Sector Shake-Up.  This article details how the repositioning of retail malls and smaller retail centers is forcing a repositioning of the restaurant sector.

The Future of Mission Valley

Big Changes Planned For Mission Valley

An excellent article by the San Diego Union-Tribune summarizing the plans for this area.

Smaller Apartments Are Doing Big Things For Developers

Smaller Apartments Are Doing Big Things For Developers: The smallest apartment units are doing wonders for developers' bottom lines, according to a new analysis by CoStar.

San Diego Housing Crisis

The Voice of San Diego Reports on:

How the San Diego Housing Crisis Became So Dire

Mission Valley Stadium Update

Voice Of San Diego Reports on the SDSU Stadium Redevelopment Project

East Coasters Eye San Diego

San Diegans are looking to more affordable markets, while New Yorkers see San Diego as a bargain.
#RealEstate 

Marcus & Millichap Weighs in on the Yield Curve Inversion

San Diego Prepares For More Electric Cars

San Diego Prepares for More Electric Vehicles
#CRE

Bayview Plaza looks to introduce 156 mostly market-rate apartments to the neighborhood that will soon serve as the front porch for the Mid-Coast Trolley extension.

Large Hotel Chains Are Following Airbnb's Lead

Secondary Retail Highest & Best Use Shifting In San Diego

Commercial rental rates for secondary retail locations have been lagging throughout most of the San Diego County because of the general shake-up going on with primary retailers that have been bearing most of the brunt of the aggregate retail market shift  - which is part of the post-Amazon effect with other retailers following Amazon into subscription programs.   There has been an evident repositioning of primary and secondary retail to medical office, professional uses, and small boutique schools (karate,  yoga, SAT prep), and more coffee shops.  These newer uses are moving into what were once traditionally retail locations.

Ten News Reports on San Diego Restaurant Space Users

Voice of San Diego Reports on Civic San Diego

Civic San Diego News

Developers in San Diego Building Homes With Suites for Extended Family

San Diego Real Estate Blog

We would like to thank all of our loyal and dedicated followers from Google +.  We plan to continue tracking news that we believe will add value to the lives of local realtors and real estate investors. Our new blog address is: San Diego Real Estate  Our Google+ blog attracted over 550 followers in just a few short years.  We hope to improve upon our content for all of our new followers on blogger. 

#SanDiegoRealEstateBlog

As most are aware - the shut down is looming.   If you are having a difficult time moving your blog I would recommend the Google+ Exporter program.  It really is the only game in town for easily moving your blog to a new platform.  It will allow you to download proper blog export files that will easily upload into Blogger or blog platforms that use WordPress.  Using this program requires you to override some security notifications, which made me seriously uncomfortable, (with no offense, intended to the smart, clever, kind and generous person Alois Bělašk, that developed and made this translation tool available).   Alois I owe you one!  Thank you!!!  If you are worried about security - run the program on an old computer that is out of service - and change your password right away.   Heaven forbid Google from making this a simple process or having tech support that picks up the phone.  If you downloaded your Google+ data but are having trouble uploading the data to a new platform this software developer should be able to help.

#GoodByGooglePlus    #Google+Exporter #HowToMoveYourGoogle+BlogtoBlogger  #HowToMoveYourGooglePlusBlogtoBlogger

Check Local Laws Before Booking Your Summer Airbnb

https://lifehacker.com/check-local-laws-before-booking-your-summer-airbnb-1833300051

#Airbnb

#Airbnb
https://www.nytimes.com/2019/03/09/travel/airbnb-miami-beach-war.html

Meet the Real Estate Appraiser of the World’s Most Gruesome Murder Sites

https://www.rollingstone.com/culture/culture-features/manson-oj-simpson-heavens-gate-murder-real-estate-appraiser-randall-bell-804463/

The future use of older big-box retail properties in San Diego. #CRE #SanDiego

The future use of older big-box retail properties in San Diego. #CRE #SanDiego
https://www.nbcsandiego.com/news/local/Big-Box-Retail-Spaces-Sears-Toys-R-Us-Hot-Commodity-San-Diego-506707481.html

What is going on with U.S. retail??? Motley Fool weighs in on this topic. #Retail #CRE

What is going on with U.S. retail??? Motley Fool weighs in on this topic. #Retail #CRE
https://www.fool.com/investing/2019/02/15/store-closures-coming-not-retail-apocalypse.aspx

The State of California already has a similar 10% cap on annual rental increases with a required notification...

The State of California already has a similar 10% cap on annual rental increases with a required notification timeline.
#CRE #Apartments
https://www.npr.org/2019/02/27/698509957/oregon-set-to-pass-the-first-statewide-rent-control-bill

Hyundai Nexo Review: The Hydrogen Fuel Cell-Powered Electric SUV | WIRED

https://www.wired.com/story/hyundai-nexo-review-hydrogen-fuel-cell-electric/

Downtown apartment building intentionally flooded.

Downtown apartment building intentionally flooded. "Dispatchers received a call shortly before 12:25 a.m. from a person at an apartment complex in the 1800 block of State Street reporting that a man had turned on a fire hose on the eighth floor and was spraying water, according to San Diego police."

Vandals Flood Downtown Apartment & Condominium Property

After decades of suburban sprawl, San Diego eyes big shift to dense development - Los Angeles Times

https://www.latimes.com/politics/la-pol-ca-big-cities-housing-plans-san-diego-20190225-story.html

The Oscars program showed some of the first images insideThe AcademyMuseum of Motion Pictures, which is a museum in...

The Oscars program showed some of the first images insideThe Academy Museum of Motion Pictures.  This museum is currently under construction by the Academy of Motion Picture Arts and Sciences. An older commercial building has been re-purposed for this use. A wonderful new attraction for Los Angeles visitors. #Oscars
https://en.wikipedia.org/wiki/Academy_Museum_of_Motion_Pictures

The winter rains are causing high levels of alder, poplar and junipertree pollen to hit the air in San Diego.

The winter rains are causing high levels of alder, poplar and juniper tree pollen to hit the air in San Diego. These allergens are forecast to increase going into next week according to www.Pollen.com. Be prepared. Make sure you have your allergy medications on hand. If you are a busy real estate professional you may want to consider a key chain case. #SanDiego

Expert warns Australia could turn into slums in 20 years | 60 Minutes Australia

https://www.youtube.com/watch?v=vRSdiq3sOTc

Payless Shoes to Shutter Stores Across the U.S.

#CRE
https://www.today.com/style/payless-shoesource-plans-liquidate-close-all-u-s-stores-t148992

Real Estate Projects

https://www.businessinsider.com/wildest-real-estate-projects-lie-in-ruins-2019-2

Airbnb

https://www.reuters.com/article/us-airbnb-paris/paris-seeks-14-million-from-airbnb-for-illegal-adverts-idUSKCN1PZ0DA  #Airbnb

ABA Supports Proposed Residential Real Estate Appraisal Threshold Increase | ABA Banking Journal

https://bankingjournal.aba.com/2019/02/aba-supports-proposed-residential-real-estate-appraisal-threshold-increase/

Not a Crime to Sleep in Your Car in San Diego

https://www.nbcsandiego.com/news/local/SD-City-Council-Repeals-Law-Banning-People-From-Living-In-Cars-505397361.html

Hackers walk off with $130,000 real estate down payment of local family.

Hackers walk off with $130,000 real estate down payment of local family. From the San Diego Union-Tribune, "According to the couple, someone used the escrow company’s exact email to ask for the wire. It even included details only someone working on the sale of the home could know. It had all the names of the people involved in the transaction, the escrow officer, the real estate agent,” said Andrew." This is a scam that usually comes from overseas. The hackers are breaking into email accounts of real estate professionals and reading all their emails looking for deals that are about to close. Your emails leave a digital trail of all the people involved in the deal, required deposits, transaction deadlines, etc. They then hack into your client's accounts and they wait for a strategic time to send an email with their own bank account number. Since the buyers are expecting this email - they follow the instructions and have the funds wired to the hackers account and not the escrow company. Sound scary??? It is. When it comes to important wire transfers - Call and Confirm the bank and routing number directly with the escrow person in charge of your transaction. This scam has happened to others in San Diego. Most people keep the news private and only deal with the FBI. This couple is doing a huge community service by going public with this information and making people aware of this crime. #RealEstate #Scam #SanDiego



http://www.cbs8.com/story/39914206/oceanside-couple-caught-up-in-real-estate-scam

Poway steps up to the plate with a proposed plan to deal with homelessness in San Diego County with a program that...

Poway steps up to the plate with a proposed plan to deal with homelessness in San Diego County with a program that assists Poway homeowners with setting up granny flats in their backyards. This public sector program requires that the units be managed by a third party and that the units be leased to low-income earners. #SanDiego #Grannyflat
https://www.sandiegouniontribune.com/communities/north-county/sd-no-poway-granny-flats-20190204-story.html

SDG&E Fraud Alert: Crooks are calling local San Diego SDG&E Customers

SDG&E Fraud Alert: Crooks are calling local San Diego SDG&E customers at this time saying that their electricity will be turned off in 30 minutes unless they pay a past due amount owed to SDG&E. They then route the call to a billing assistant who tries to get payment over the phone or send you to a fake SDG&E location before 4 PM the same day. When you confront them with information indicating the account should be in good standing - they hang up.

The call will look like it is coming from SDG&E - but it is a fake caller that is spoofing the caller ID system.

Please be sure to alert elderly people about this.

SDG&E will never demand payment over the phone or threaten to cut power over the phone,

Caller ID-Spoofing
One of the especially convincing techniques that con artists use is known as caller ID spoofing. This technique involves the caller disguising his real identify by deliberately falsifying the information being transmitted to your caller ID. Usually, the caller alters the caller ID information to make it look like someone legitimate is calling. For example, in the case of utility scams, the criminals would make it look like SDG&E is calling.

If you are suspicious or made uncomfortable by anyone claiming to be with SDG&E, hang up and call our main customer service line at 1-800-411-7343.

#Scams #SanDiego #SDGE

California sues wealthy coastal city over low-income housing

http://www.cbs8.com/story/39856005/california-sues-wealthy-coastal-city-over-low-income-housing

St. Paul Cathedral Puts Its Faith In A High Rise

https://www.kpbs.org/news/2019/jan/25/st-pauls-cathedral-bankers-hill-6th-olive/

First Tuesday reports on the new 2019 disclosure laws for California real estate agents and brokers. #RealEstate

First Tuesday reports on the new 2019 disclosure laws for California real estate agents and brokers. #RealEstate
https://journal.firsttuesday.us/what-you-need-to-know-about-the-refreshed-and-mostly-improved-agency-law-disclosure/66264/?utm_source=newsletter&utm_medium=email&utm_content=012119&utm_campaign=saprior

Inc.

Inc. is reporting on the impact the U.S. government shutdown is having on private contractors that work for the federal government.
https://www.inc.com/guadalupe-gonzalez/fast-growing-contractors-government-shutdown-day-26.html

Inc.

Inc. reports on the impact that the U.S. government shutdown is having on SBA loans and SBA lending at this time. #SBA #CRE #Banking
https://www.inc.com/guadalupe-gonzalez/government-shutdown-small-business-administration-loans-sba.html

Do nice guys in the workplace finish first or last?

Do nice guys in the workplace finish first or last?? NPR reports on a study of the costs of incivility and the value of civility in the workplace.

https://www.npr.org/2019/01/18/686338396/christine-porath-what-is-the-cost-of-being-uncivil-in-the-workplace

High-Profile Escondido Development Would Bring Only a Fraction of the Units Allowed - Voice of San Diego

https://www.voiceofsandiego.org/topics/land-use/high-profile-escondido-development-would-bring-only-a-fraction-of-the-units-allowed/

What $900,000 buys right now in three San Diego County communities - Los Angeles Times

https://www.latimes.com/business/realestate/hot-property/la-fi-hp-what-money-buys-20190119-story.html

The City of San Diego is working on linking trolly line transportation network to Lindbergh Field airport.

The City of San Diego is working on linking trolly line transportation network to Lindbergh Field airport. #SanDiego #RealEstate
https://www.voiceofsandiego.org/topics/land-use/faulconer-and-sandag-unveil-their-airport-transit-vision/

The County of San Diego is trying to encourage more local property owners to add a second residential unit.

The County of San Diego is trying to encourage more local property owners to add a second residential unit.
#SanDiego
https://www.nbcsandiego.com/news/local/accessory-dwelling-units-granny-flats-board-of-supervisors-waive-fees-permits-504127101.html

Airbnb sues Miami Beach over new rules requiring rental sites to police listings

https://www.miamiherald.com/news/business/tourism-cruises/article223915280.html

Fed Faces a Fresh Test: Engineering a Soft Economic Landing - WSJ

https://www.wsj.com/articles/fed-faces-a-fresh-test-engineering-a-soft-economic-landing-11546822609

This article takes a close look at the trends for apartment/multifamily renters and property owners in San Diego's...

This article takes a close look at the trends for apartment/multifamily renters and property owners in San Diego's commercial real estate market. #CRE #Multifamily
http://www.cbs8.com/story/39727408/more-than-half-of-san-diego-county-renters-are-burdened-by-housing-costs

Kiplinger weighs in on what to expect from the apartment market this year. #CRE #Multifamily

Kiplinger weighs in on what to expect from the apartment market this year. #CRE #Multifamily
https://www.kiplinger.com/article/real-estate/T050-C032-S014-2019-real-estate-report-the-multifamily-market.html