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
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
Thursday, July 13, 2017
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/
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