Author Archive for Don Pelletier

Zillow Sued Over Zestimates

Do Zillow ‘Zestimates’ mislead home buyers? Lawsuit claims yes.

Suburban Chicago home builders filed legal action last week against the real estate marketing company Zillow, whose at-your-fingertips property-value approximations are misleading home buyers with lowball figures-that result in ‘low-ball’ offers-and that angers sellers, the suit claims.

The so-called Zestimates that the Seattle-based Zillow app has calculated, for the past decade, pose as accurate appraisals in violation of the legal description in Illinois of an appraisal, which needs to be conducted by a licensed appraiser, according to the class-action complaint.

Zillow, for its part, maintains that its approximations are not actual appraisals, nor do they claim to be.

“We believe the claims in this case are without merit. We always say that the Zestimate is a starting point to determine a home’s value, and isn’t an official appraisal. It’s a computer-automated estimate of your home’s value,” Emily Heffter, a Zillow spokeswoman, told MarketWatch.

Zillow says its value estimates are based on public records and other data using “a proprietary formula.” Public records such as those posted on property-tax assessment sites can also be far off from the current market value. Zillow also provides a disclaimer about the accuracy of its approximations.

Three times a week, Zillow’s unique algorithms update its collection of property values, which are based on both public data and user-submitted data. But Zestimates are only as accurate as the data behind them. For example, if the number of bedrooms or bathrooms in a home, its square footage or its lot size are inaccurate on Zillow, the Zestimate will be off.

According to Zillow, “the vast majority of Zestimates are within 10 percent of the selling price of the home.

In Chicago, a Zestimate comes within 5.9% of the eventual sale price just over 44% of the time. Nationwide, Zillow Zestimates are within 5% of the actual sale price 53.9% of the time, within 10% of the sale price 75.6% of the time and within 20% of the closing price 89.7% of the time, according to the company.

Wow, that’s not even good enough for government work!

There is no way a computer program can give an accurate price for homes-period.

The problem begins with the fact that each home is different. Homes aren’t like stock shares. Each share of Apple stock, for instance, is exactly the same as every other share of Apple stock.

Homes, on the other hand, are each completely different, regardless of whether they were built by the same builder and have the same plan.

The major problem with all automated home estimate sites is they are limited to the data on hand. Typically, that includes only square footage, number of beds and baths, recent sales prices and assessor tax values.

What they fail to consider is the location, and other important criteria. For example, is the property on a quiet street or next to a main thoroughfare? Did the owners remove that cheap carpeting and replace it with hardwood floors? Were the appliances replaced with high-end hardware? Granite countertops or tile?  Dual-pane windows to replace single-pane windows? Is there a view or extra-lot-compared to recent homes sold?

The list goes on.

There are primarily two ways to get an accurate estimate of your home’s worth.

Hire an appraiser. That costs money and they will be conservative.

Have a local REALTOR® come by to look at your property. A local REALTOR® will be familiar with your community, what’s sold, the condition of the property, what’s for sale and how desirable the property is in today’s market.

Remember, in the final analysis, your home is worth what you and a ready, willing and able buyer decide it’s worth.

If you are thinking of selling your home, and would like an accurate home evaluation of what it will sell for in today’s market, call me, please. I routinely provide this information at no cost or obligation.

With over 2,100 successful San Diego home sales I am very well-versed in accurate property valuations.

Even if you are not planning on selling-it is good to know how much equity you have in your home.

Don

June Calendar of Events

Want a printable calendar? Click here for the PDF

San Diego County Fair  June 2-July 4

“Where the West Is Fun” Grab your cowboy hat, pull on your boots, and ride on over to this year’s San Diego County Fair as we celebrate the legendary rough-and-tumble Wild, Wild West. San Diego’s annual county fair is the largest fair in California, offering a variety of food, entertainment, exhibits, rides & games throughout the beautiful and historical Del Mar Fairgrounds in the oceanfront village of Del Mar.

Del Mar Fairgrounds 858-755-1161 / www.sdfair.org

Food Truck Friday  June 2- Ongoing

Kick off the perfect San Diego weekend at Balboa Park’s Food Truck Friday event! Each Friday evening from June 2 to September 29, visitors can enjoy live entertainment while eating gourmet dishes served by a rotating selection of more than a dozen food trucks parked in Balboa Park’s historic Plaza de Panama and El Prado walkway.

4-8pm / Balboa Park House of Hospitality San Diego, CA 92101

http://balboaparkconservancy.org/project/food-truck-friday/

Moonlight Cultural Foundation-“Under the Sea” Gala  June 3

The premier nonprofit arts foundation supporting North County San Diego, will host their annual summer gala. Guests will enjoy a gourmet sit down dinner, silent and live auctions, and top-notch entertainment courtesy of Moonlight Stage Productions.

6-10pm / Moonlight Amphitheatre, Vista

760-630-7650 / www.moonlightfoundation.com

Encinitas Rotary Wine & Food Festival  June 3

Tickets include entrance into the event where you can sample fine wines and beverages, taste the best dishes and desserts from our local restaurants & caterers, and enjoy live music.

5-8pm / Encinitas Ranch Golf Course

760-753-1977 / www.encinitaswinefestival.com

Sam Hinton Folk Festival  June 3

This wonderful outdoor event will feature musical performances, musical workshops, group jams and an open mic stage. A great variety of folk music will be offered including Bluegrass, Olde Time, Irish music, and much more.

11am-5pm / Old Poway Park

858-6613-0858 / www.sdfolkheritage.org

CSU San Marcos Monopoly Gala  June 3

Dining, dancing, casino games and entertainment at our annual black-tie gala! Proceeds from the evening support research, student programming and faculty professional development.

6-11pm / CSU San Marcos / 760-750-4408 / www.csusm.edu/gala

Art Around Adams  June 3

Art Around Adams is family friendly event that showcases an array of artists, musicians, street performers, comedians, interactive installations and more!

12-8pm /Adams Avenue from Hamilton Street in Normal Heights

to Biona Drive in Kensington, San Diego, CA 92116

www.artaroundadams.org/

La Mesa Flag Day Parade  June 3

“A Salute to Old Glory” Grand Marshal: La Mesa Lumber.

10am-12pm / La Mesa Village / 619-667-1300 / www.cityoflamesa.us

Rock ‘n’ Roll San Diego Marathon, Half, 5K & Relay  June 3-4

This 26.2 mile marathon and 13.1 mile half-marathon features live music lining the streets, cheer squads, and a huge post-marathon concert to end the race with a bang.

800-311-1255 / www.runrocknroll.com

Gem, Mineral and Jewelry Show  June 3-4

Beautiful mineral specimens, cut gems, gem rough, fossils and eye catching jewelry made from gems and minerals may be purchased.

Sat 10am-5pm, Sun 10am-4pm / California Center for the Arts, Escondido

www.palomargem.org

Fallbrook Open Tennis Tournament  June 3-4 & 10-11

Benefits The Boys & Girls Club of North County. Up to $3000 prize money for the open divisions.

Fallbrook Tennis Club / 760-728-1100 / www.bgcnorthcounty.org

RB Alive! Street Fair  June 4

Come and help us celebrate the Annual RB Alive! In Rancho Bernardo with a full day of entertainment, more than 300 booths, food, a Kids Zone and more.

10am-4pm / Bernardo Center Drive, San Diego, CA 92128

www.chamber.sdbusinesschamber.com

San Diego Kidney Walk  June 4

The nation’s largest event to raise awareness of kidney disease and raise funds to support lifesaving programs for patients, their families, and those at risk.

9am / NTC Park, Liberty Station / www.kidney.org

Golf for Wildlife Tournament  June 4

This 18-hole golf event to promote public awareness and contributes to local and global conservation efforts through fundraising and scholarships.

10am-5pm / Coronado Golf Course

603-689-5497 / www.golfforwildlife.org

State Beach Classic  June 4

Annual surf contest is also a Tribute to Banning Capps. Bringing the entire community together for a day of family fun, organizers Ulises Thomas and Phil Antonopoulos created the event as a tribute to local professional surfer Banning Capps.

Tamarack Beach, Carlsbad

760-908-0235 / www.statebeachclassic.com

America Celebrates the 45th Anniversary of Apollo 16  June 7

A star-studded forum of astronauts and mission control directors will share in-depth personal experiences from NASA’s legendary Mercury, Gemini and Apollo space programs with Museum guests during a special event.

5:30-10pm / San Diego Air & Space Museum

619-234-8291 x111 / www.sandiegoairandspace.org

San Diego Greek Festival  June 9-11

A variety of Greek cuisine, handmade pastries, and traditional Greek coffee, all within the festive atmosphere of music and dance.

Fri 5-10pm, Sat 11am-10pm, Sun 11am-8pm / St. Spyrdion Greek

Orthodox Church: 3655 Park Blvd.

619-297-4165 / www.sdgreekfestival.com

San Marcos Summer Music Fest  June 10

Featuring local craft brews. Family Lawn Games including cornhole, badminton, table tennis, soccer ball croquet and more.

12-8pm / Walnut Grove Park / www.san-marcos.net

Veterans Park Flag Retirement Ceremony  June 10

Hosted by The Poway Veterans Park Committee in partnership with the Fleet Reserve Assoc., Branch 70; the Veterans of Foreign War; the Elks Lodge; and the American Legion. Flags may be dropped off 8:30-11am.

10am / Veterans Park, Poway / www.poway.org

“MOW”TOWN Gala & Chef Appetizer Challenge  June 10

Meals on Wheels San Diego County’s largest annual fundraiser. Includes a full course meal, an open bar and experiential live auction items that cannot be found elsewhere.

5:30pm / Sheraton San Diego Hotel and Marina

619-260-6110 / www.meals-on-wheels.org

South Bay Sustainability Fair  June 10

Free event that promotes programs, products, and services to help you make a positive impact on the environment.

11am-4pm / National City Chamber of Commerce

www.southbaysustainabilityfair.com

Filipino American Cultural Celebration  June 10

Family friendly event with a costume show, food vendors and much more.

12-7pm / Oceanside Civic Center Plaza & Library

760-435-5600 / www.ci.oceanside.ca.us

Global Wellness Day Bike Ride  June 10

Free day of wellness activities, followed by our Friends & Family 5k Bike Ride. We kick-off the day at IB Pier Plaza with a yoga-inspired stretch, delicious food options, and fitness activities.

10am-2pm / Portwood Pier Plaza, Imperial Beach

619-621-5900 / www.piersouthresort.com

Fido Fest  June 10

Dog adoptions, exhibitors, giveaways & fun, discounted vaccinations, microchipping, dog licensing and heartworm and flea preventatives, demonstrations, entertainment and silent auction.

9am-1pm / Town Center Community Park East  / www.ci.santee.ca.us

Julian Backcountry Dance and BBQ  June 10

The “Dance” has featured the best in country music and dancing on the huge floor and stage built by the Sons of the American Legion, Julian. BBQ has been a keystone of the event with all the food cooked on-site.

2-10pm / Menghini Winery / www.juliandance.org

Mud Run – 5k and 10K  June 10-11

The obstacles in our run are all military inspired and include running through combat town complete with US Marine Corps vehicles and our very own United States Marines who are there to motivate you through this course.

Marine Corps Base Camp Pendleton / www.mccscp.com/mudrun

San Diego Festival Of The Arts  June 11-12

Stroll the turf of Waterfront Park at this prestigious juried art show, held to benefit disabled San Diego residents. This event showcases works by over 200 fine artists in a bay view setting. Entertainment, delicious foods, fine wine and craft beer will be available.

10am-5pm / Waterfront Park, 1600 Pacific Hwy., San Diego

www.sdfestivalofthearts.org

Chula Vista Summer Sundays  June 11, 18 & 25

Free musical performance every Sunday. Free photo booth complete with fun props and a free photo strip of the experience. Free merchant samples including food and other giveaways will also be offered.

5-7pm / Village Walk at EastLake / www.chulavistaca.gov

Taste of La Mesa  June 12

Eat your heart out with tastings from many local restaurants!

5-8pm / La Mesa Community Center / www.lamesachamber.net

Salute to Education  June 13

Come join Rancho Santa Fe Security, Denise Mueller and the Encinitas Chamber of Commerce in saluting teachers and students in the community.

5:30-7:30pm / 1991 Village Park Way, Encinitas

760-697-9864 / www.encinitaschamber.com

Taste of Little Italy  June 14

Stroll the sidewalks of Little Italy enjoying live music on and taste offerings from dozens of popular restaurants.

5-9pm / Streets of Little Italy, San Diego / www.littleitalysd.com

San Diego International Beer Festival  June 16–18

Have a cold one with your friends! Hundreds of award-winning varieties of ale, cider, mead, and more will be available for tastings. Festival admission includes San Diego County Fair admission.

Del Mar Fairgrounds, 2260 Jimmy Durante Blvd., Del Mar

www.sandiegobeerfestival.com 

Cooper Family’s Juneteenth Celebration  June 17

Healing the Community Street Fair that commemorates African-American freedom and emphasizes education and achievement. Joyous celebrations, guest speakers, music, and dance performances and family gatherings.

10:30am-5pm / Imperial Avenue, San Diego / www.cfjuneteenth.com

Wine, Brews and Blues Festival  June 17

Wine and handcrafted beer tastings, tasty bites from local restaurants, silent auction, dancing and live music.

5:30-10pm / California Center for the Arts, Escondido

www.bonsallrotary.com

Fairy Festival  June 17

Kids dress up and enjoy fairy crafts, face painting, a fairyland market, enchanted butterfly garden, pizza, and Italian Ice.

10am-4pm / San Diego Botanic Garden, Encinitas

760-436-3036 / www.sdbgarden.org

Low Tide Ride & Stride  June 17

Coronado Rotary Club will hold an 8.2 mile run, walk or bike down the beautiful beach. At the end of the race is a fun, family oriented party with kids games, music and giveaways.

9am / Camp Surf YMCA, Imperial Beach

619-435-8334 / www.lowtiderideandstride.org

Tony Gwynn 5.5K Run & Walk  June 17

AleSmith Brewing Company will be hosting a 5.5 kilometer walk/run to pay tribute to Tony Gwyn. Nicknamed “Mr. Padre” for his unfaltering commitment to his hometown.

8am / 9990 AleSmith Ct., San Diego/  www.tonygwynn5k.org

Walk For Sobriety  June 17

The Walk is an opportunity to bring help and hope to thousands of individuals  and families braving the unforgiving cycle of addiction. Tommy Sablan will serve as emcee.

8am / NTC Park, Liberty Station / www.walkforsobriety.com

Taste of Gaslamp  June 17

The Gaslamp Quarter will be showcasing the excellent dining options available in our vibrant district.

1-4pm / Gaslamp Quarter, San Diego / www.tasteofgaslamp.com

80th Anniversary of Lamplighters Theatre  June 21

Great hors d’ oeuvres and beverages will be served. Raffles will be held to enhance the evening.

5:30-7pm / 5915 Severin Drive, La Mesa

619-465-7700 x2 / www.lamesachamber.net

OB Street Fair & Chili Cook-Off  June 24

Join more than 70,000 visitors for tasty nosh, art, beachfront entertainment, shopping, and more. The Chili Competition will feature tastings from amateur entrants competing for titles. Attendees of all ages can take part in creating the annual Street Fair Community Mural. This is a free event.

10am–8pm / Newport Ave., Ocean Beach

www.oceanbeachsandiego.com/attractions/annual-events/ob-street-fair-chili-cook 

Taste of Adams Avenue  June 25

Go on an adventurous tasting tour of over 40 restaurants, coffee houses, pubs, wine bars, and unique eateries! Taste attendees can also explore the many distinctive shops along the Adams Avenue business corridor.

11am–3pm / Adams Ave. from University Heights through Kensington

www.adamsavenuebusiness.com/event-info/taste-of-adams-avenue 

Summer Fun on the 101  June 24-25

Starts on Saturday with a concert at Leucadia Roadside Park that is free and open to the whole community. Sunday will be the music walk to support local businesses.

Sat 11am-7:30pm, Sun 11am-5pm / Leucadia / www.leucadia101.com

JUNE HOLIDAYS

06 D Day, WWII

14  Flag Day

18  Father’s Day

20  Armed Forces Day

FUN “FACTS” FOR JUNE

• The Birthstone Is Pearl

• The Zodiac Signs Are Gemini (may 21 – June 20)

And Cancer (june 21 – July 22)

• The Flower Is Rose

• National Ice Tea Month

• The Longest Day Of The Year Occurs On The Summer Solstice

Between June 20th Or 22nd (in The Northern Hemisphere

And December In The Southern Hemisphere)

• June Is Known As A Great Month To Get Married

SAN DIEGO FARMERS MARKETS

MONDAY

Escondido – Welk: 3-7 pm

TUESDAY

Coronado: 2:30–6 pm

Escondido: 2:30 – 6 pm

Mira Mesa: 2:30-7 pm

Otay Ranch: 4-7 pm

Pacific Beach: 2-7 pm

UCSD/La Jolla: 10-2 pm

WEDNESDAY

Carlsbad: 3-7 pm

Encinitas: 4-7 pm

Mission Bay: 10 am – 2 pm

Ocean Beach: 4-7 pm

Santee 3-6 pm

THURSDAY

Carmel Valley: 2:30-7 pm

Chula Vista: 3-6 pm

El Cajon : 3-6 pm

Fallbrook: 4:30 – 8 pm

Linda Vista: 3-7 pm

North Park: 3-7 pm

Oceanside CFM : 9 am – 1 pm

Oceanside Sunset: 5-9 pm

UC– Doyle Elementary: 3-7 pm

Valley Center 3-7 pm

FRIDAY

Imperial Beach: 12-6 pm

Kearny Mesa: 11 am -1:30 pm

La Mesa: 1-5 pm

Rancho Bernardo: 9 am -1 pm

SATURDAY

City Heights: 9-1 pm

Del Mar: 1-4 pm

Escondido: 10 am – 2 pm

Golden Hill: 9:30 am – 1:30 pm

Little Italy: 8 am – 2 pm

Pacific Beach: 8 am – noon

Poway: 8 am – 1 pm

Rancho PQ 10 am – 1 pm

Ramona: 9 am – 1 pm

Scripps Ranch: 9 am – 1 pm

Vista: 8 am – 1 pm

SUNDAY

Sikes Adobe: 10:30 am – 3:30 pm

Gaslamp District: 9 am –2 pm

Hillcrest: 9 am – 2 pm

Julian: 11 am – 4 pm

La Jolla: 9 am – 1 pm

Leucadia/Encinitas: 10 am – 2 pm

Point Loma: 9:30 am – 2:30 pm

Rancho Santa Fe: 9:30 am – 2 pm

San Marcos: 11 am – 3 pm

Solana Beach: 1 – 5 pm

For more info and location specifics for San Diego Farmers Markets visit:

www.sdfarmbureau.org

Want a printable calendar? Click here for the PDF

Median Home Price Nearing Record High

The median price for  a single-family, re-sale homes in San Diego County is fast-approaching the record high of $585,000 set in November 2005.  The median price is now only 3% from setting a new all-time record.

The median price for condominiums set a new record high in March 2017.

Home and condo sales were both lower in April compared to the year before. This was due to a lack of inventory, rather than a lack of interest from home Buyers.

Properties are being sold quickly. ‘Average Days on Market’, which calculates the number of days from when a property first goes on the market to when it enters escrow, was thirty-three days for homes compared to an average of fifty-seven days back in 2001.

So, if you, or someone you know has been ‘on the fence’ and waiting to buy a home-you may want to take action now-rather than waiting.

Here are a few reasons why:

Prices will continue to Rise

Core Logics most recent Home Price Index indicates that home prices have increased by 6.9% over the past year. The same report states prices wil continue to increase by 5% over the next year. The market bottom in home prices is long past so waiting no longer makes sense.

Interest Rates Are Expected to Increase

A recent mortgage market survey shows that mortgage interest rates for a 30-year fixed-rate loan, have remained close to 4% over the past few months.  The consensus in the Lending industry however is that rates will likely increase by at least a half percentage point over the next 12 months. That may not seem like a lot until you consider the fact that for every one-half percent increase in rates-the Buyers monthly house payment goes up by 10%-for good!

Either Way, You are Paying a Mortgage 

Some renters who have not yet purchased a home of their own, say they are uncomfortable taking on the obligation of a large home loan. The truth is, everyone should realize that unless you are living with family members-rent-free-you are already paying a mortgage-either your own or your landlord’s.

As a homeowner your monthly mortgage payment is actually a ‘forced savings account’ that allows you to build wealth. As a renter, it is the landlord’s equity, and wealth, that you are building-rather than your own.

It’s Time to Move on with Your Life 

As mentioned previously, rates are going to increase-along with prices. Furthermore, rents have increased by 40%-in just the past 4 years in San Diego-and there is no end in sight. So, why not lock in a fixed payment now-and begin building significant equity for your future-and that of your family?

I know of several excellent low-down payment loan programs that are available right now-including one that requires just 2% down-and another that requires no down payment at all.

If you would like to discuss your options-please feel free to contact me any time. There is no cost or obligation on your part. I am always happy to answer your questions and to help you. Don

May Calendar of Events

Want a printable calendar? Click here for the PDF

More Than Pink Through  May 31

Donate $10 to Susan G. Komen and receive a special discount card offering 15-25% off one item at participating retailers.

12pm / Fashion Valley Mall www.simon.com/shop-support-save

MS Golf Invitational  May 1

Come join us at this esteemed golf tournament featuring premier tee prizes, silent and live auction, lunch, on-course contests, hosted reception, gourmet dinner and player awards.

10am / La Jolla Country Club: 7301 High Ave. http://golfms.org

Small Business Expo, Awards, And Mixer  May 2

The San Diego Regional Chamber of Commerce annually honors our region’s small businesses for their significant contributions.

3:30-7:30pm / Sheraton San Diego Hotel and Marina

619-544-1343 / www.sdchamber.org

Cinco de Mayo Concert / Food Truck Friday   May 5

Celebrate Cinco de Mayo in Balboa Park with a fun, free concert inside the Spreckels Organ Pavilion starting at 6:00 PM. Jarabe Mexicano will perform their unique, uptempo style of music, accompanied by SDSU School of Music and Dance Jazz Band and Wind Symphony. Pre-concert festivities begin at 4:00 PM in the Plaza of Panama with City Heights Mariachi and a variety of cuisines from some of San Diego’s best food trucks, presented as part of the Balboa Park Conservancy’s Food.

4-7pm / Balboa Park – House of Hospitality, San Diego, CA 92101

Fiesta Cinco De Mayo Old Town  May 5-7

This celebration attracts over 100,000 people with its bustling mercado, non-stop music and live entertainment, lucha libre wrestling, and a huge display of lowriders!

See website for schedule. / Old Town, San Diego

www.CincoDeMayoOldTown.com

Serra Mesa Spring Craft Fair  May 6

Over 50 vendors with handmade and artesian items, Fair Trade, vintage. Something for everyone and every budget.

10am / City View Church San Diego: 8404 Phyllis Pl.

858-560-1870 / www.cityviewsd.com

Asian Cultural Festival  May 6

Celebrate Asian Pacific American Heritage month with two stages of cultural and traditional performances from a dozen Asian countries and cultures. There will also be children’s arts and crafts, a ramen-eating contest, a video game tent, a beer garden, and lots of delicious Asian foods! This is a free event.

10am-6pm / Mira Mesa Community Park: 8575 New Salem St.

www.asianculturalfestivalsd.com

LakeFest  May 6

The whole family is invited to attend this all-ages event that features live bands, craft beer, kid’s activities and great food.

12-5pm / Mountain Hawk Park: 1475 Lake Crest Dr., Chula Vista

www.chulavistaca.gov/LakeFest

Horses, Hats & Hope  May 6

A Kentucky Derby Party benefiting REINS Therapeutic Horsemanship Program & The Foundation for Senior Care.

12-4pm / 4461 S. Mission Rd., Fallbrook

760-731-9168 / www.reinsprogram.org

Bikes Boards and Brews  May 6

Enjoy tasters from San Diego’s best Craft Brewers, food pairings from local Pacific Beach Restaurants, a bike show, local artists and more.

1-5pm / Crown Point, Mission Bay Park www.pbbeerfest.com

Rhythm & Brews Fest  May 6

Join fellow craft beer aficionados to sample over 100 beers from over 50 of our county’s award-winning breweries! You’ll also groove to live musical performances and enjoy delicious eats from local food trucks.

1-4pm / Historic Downtown Vista Village

www.sdrhythmandbrews.com

Escondido Renaissance Faire  May 6-7

Our goal is to educate and entertain guests young and old, about the life back in the Elizabethan Era. From battles on the field, to having a drink at the pub, to browsing through our many vendors.

10am-6pm / Felicita Park

805-665-0359 / www.oldetymeproductions.com

Girls on the Run Spring 5k  May 7

More than 500 girls will celebrate their “girl power” by running 3.1 miles with their coaches, families, friends, teachers and community members.

8:30am / Crown Point Park, Mission Bay

619-816-6991 / www.gotrsd.org/5k

Carlsbad Village Street Faire  May 7

The streets will come alive with the sights and smells of fair-time as 800 vendors set up unique booths, fairgoers search for handmade gifts, try mouthwatering foods, and have some fun in the sun.

8am-5pm / Grand Avenue www.carlsbad.org

Bark in the Park  May 7

Dog Contest: Smallest, Biggest, Best Trick and Owner-Pet Look Alike.

1-4pm / La Colonia Park, Solana Beach

858-720-2400 / www.ci.solana-beach.ca.us

Miracle Babies 5K and Kids Festival  May 7

Dress up as your favorite hero! Kid Zone, Family Resource Fair, vendors, food trucks and exotic cars. Participants are encouraged to fundraise to help raise funds for NICU families.

8am-1pm / NTC Park, Liberty Station www.miraclebabies.org

San Diego Surf Film Festival  May 10-13

Over 25 of the finest international surf films.

Misfit Pictures HQ: 565 Pearl Street #100, La Jolla

www.sdsurffilmfestival.com

Ignite San Diego  May 11

Showcases the community’s movers, shakers, creators, thinkers, innovators, doers and dreamers.

6pm / The McMillin Center – Liberty Station: 2875 Dewey Rd.

www.ignitesandiego.org

Gator by the Bay  May 11-14

Experience Louisiana culture with food, music, dancing, a parade, and a marketplace. Indulge in authentic Gulf Coast fare such as crawfish, oysters, and Creole cuisine while you listen to Cajun, zydeco, jazz, rockabilly and blues music.

Spanish Landing Park, 3900 N. Harbor Dr., San Diego

www.gatorbythebay.com

Mama’s Day Benefiting Mama’s Kitchen  May 12

More than 55 chefs from SD’s restaurants, hotels and catering companies.

6:30pm / Hyatt Regency La Jolla at Aventine

619-233-6262 / www.mamaskitchen.org

East County Senior Health & Info Fair  May 12

Join us at this free event and receive free health screenings, health and community resources and much more!

10am-1pm / La Mesa Community Center

619-667-1322 / www.eastcountychamber.org

Surfrider Foundation Art Gala & Auction  May 12

Silent and live auctions, an exclusive fashion show by Fashion Week San Diego®, a delectable menu designed by Executive Chef JoJo Ruiz of Lionfish, and music by DJ Hevrock.

6pm / Paradise Point Resort: 1404 Vacation Rd.

858-622-9661 / https://sandiego.surfrider.org/artgala

Cycle EastLake & Run  May 13

1/2 Marathon, 10K, 5K Super Hero Family Roll & Roll, 25 Mile Marty Garcia Memorial Ride, or our 18 Mile Mountain Bike & Poker Ride! Benefitting EastLake Educational Foundation.

6:30am / EastLake Middle School, Chula Vista

619-997-6470 / www.eefkids.org/cycle

Avenue Amps & Ales  May 13

An overflow of craft breweries, live bands and good eats.

1-5pm / Memorial Park – Third Avenue, Chula Vista www.chulavistaca.gov

Kite Festival  May 13

Go fly a kite at the oldest children’s kite festival in the United States. There will be kite building and decorating, prizes, professional kite fliers, games, crafts, community organizations, food, carnival activities, and live music! This is a free event.

10am-4pm / Dusty Rhodes Park, 2483 Sunset Cliffs Blvd., Ocean Beach www.oceanbeachsandiego.com/attractions/annual-events/kiwanis-kite-festival

Touch A Truck 2017  Mar. 13

Car show for kids where sitting in the driver’s seat is part of the deal. Star Wars & Marvel characters, play laser tag, build a rocket, go on a scavenger hunt, and eat from a food truck.

11am-3pm / Pacific Trails Middle School, San Diego

858-621-3473 / www.TouchATruckSD.com

Balboa Park Pow Wow  May 13-14

The SD American Indian Health Center’s Balboa Park Pow Wow is a cultural

event that showcases the heritage and traditions of American Indians.

10am-6pm / Balboa Park

619-234-1521 / www.facebook.com/BalboaParkPowWow

La Mesa Rocks  May 19

Delicious Food, Live & Silent Auction! Cocktail Attire. Live Music by Disappointing Joseph. Benefiting the La Mesa Parks and Recreation.

6-10pm / La Mesa Community Center

619-667-1319 / www.lamesaparks.org

Festival of the Arts  May 20

This celebration of the historic North Park neighborhood is a free art and live music festival that also highlights local craft beer and food.

11am-10pm / North Park 9-Block Festival

619-294-2501 / www.northparkmainstreet.com

Bowling for Rhinos  May 20

The American Assoc. of Zoo Keepers San Diego Chapter will be hosting their Bowling for Rhinos bowl-a-thon fundraiser benefitting rhino conservation.

6-9pm / Kearny Mesa Bowl: 7585 Clairemont Mesa Blvd. www.sdaazk.com

America on Main Street  May 20

“Come Play For The Day” theme. Come join us as we have fun in the sun and salute our Veterans at this annual event. Admission is FREE!

12-8pm / Downtown El Cajon

619-873-1641 / http://americaonmainstreet.org

Bench Party with Fern Street Circus  May 20

Attendees will be entertained with puppets, jugglers, aerialists, and much more. Attendees will also have a chance to test out their own circus skills in an interactive workshop in tightwire, hooping and puppetry.

12-2pm / Bayside Park, Chula Vista www.chulavistaca.gov

Wild in the Country 2017  May 20

“Casino Royale at the Ranch” will feature a live and silent auction, catered meal, opportunity drawing, live music, casino games and entertainment.

3-7pm / Lions Tigers & Bears: 24402 Martin Way, Alpine

619-659-8078 / www.lionstigersandbears.org

Tails on the Trails Charity Walk  May 20

There will be pet vendors, therapy dog groups, dog adoptions, music, food, games, and K-9 demonstrations.

8am-1pm / Mance Buchanon Park, Oceanside

760-940-5708 / www.ci.oceanside.ca.us

Community Band Festival  May 20-21

Listen to bands that will offer a wide variety musical genres from blue grass ensembles to full concert bands.

Sat 10am-7:30pm, Sun 11am-7:30pm / Old Poway Park www.poway.org

Fiesta Del Sol  May 20-21

A diverse musical showcase providing continuous live music; an array of arts and crafts exhibits; an area just for kids with rides, games and hands-on activities; gourmet food trucks.

9am-9pm / Fletcher Cove, Solana Beach www.fiestadelsol.net

Pirate Days  May 20-21

All aboard the Maritime Museum for Pirate Days, a celebration for kids of all ages! There will be kids’ costume contests, cannon firings, weapon demonstrations, sword fights, scary stories, and a scavenger hunt for Pirate Treasure.

Maritime Museum of San Diego / 1492 N. Harbor Dr., San Diego

www.sdmaritime.org/visit/public-events/pirate-days 

Beach Soccer Jam  May 20-21

Play the most popular sport in the world San Diego style: in the sand! The Soccer Jam will feature Beach Soccer, Brazilian Samba, Capoeira, live entertainment, DJs, a beer garden, and much more. This is a free event.

Fiesta Island, 1550 Fiesta Island Rd., Mission Bay

www.beachsoccerjam.com

Bay Bridge Run/Walk  May 21

Participants head east to National Avenue, then up and over the Coronado Bay Bridge. The race finishes in Tidelands Park.

8am / One Park Blvd.

858-848-5786 / www.navylifesw.com/bridgerun

Grand Avenue Festival  May 21

Enjoy special attractions and great family fun! Over 500 vendors, live entertainment, and food from around the world make the Escondido Grand Avenue Festival a family tradition since 1989. This is a free event.

8am-5pm

www.kennedyfaires.com/Escondido

Valley Center Rodeo & Festival  May 26-28

Vendors, western arts & crafts, food booths, live bands, a horseshoe tournament, beer gardens and more. Head to the rodeo grandstands for a full rodeo event lineup.

See website for schedule. / Valley Center Community Center

www.vcstampede.com

Aquatic Adventures by the Bay  May 27

Youth fishing, kayaking, rowing, bounce houses, scavenger hunt, obstacle courses, face painting, arts & crafts, entertainment, food & beverages.

10am-2pm / Pepper Park, National City

619-336-4290 / www.nationalcityca.gov

Vista Strawberry Fest  May 28

Live entertainment on multiple stages, bands & local craft brews all day long in the beer garden. Carnival rides & 300+ vendors. Prizes galore!

7am-4pm / Downtown Vista

760-726-1122 / www.vistastrawberryfest.com

Solana Beach Memorial Day Ceremony  May 29

Camp Pendleton Young Marines Color Guard, Santa Fe Christian School Band, “Feathers from Heaven” doves, City Dignitaries and a guest speaker.

11am-12pm / Veterans Honor Courtyard at La Colonia Park

858-720-2453 / www.ci.solana-beach.ca.us

MAY HOLIDAYS

05  Cinco de Mayo

06  National Teacher’s Day

14  Mother’s Day

29  Memorial Day

20  Armed Forces Day

FUN “FACTS” FOR MAY

The Birthstone is Emerald

The Zodiac signs are Taurus (Apr. 19 – May 20)

and Gemini (May 21 – June 21)

The Flower is Lily of the Valley

Asian American Heritage Month

Jewish American Heritage Month

Skin Cancer Awareness Month

National Bike Month

SAN DIEGO FARMERS MARKETS 

MONDAY

Escondido – Welk: 3-7 pm

TUESDAY

Coronado: 2:30–6 pm

Escondido: 2:30 – 6 pm

Mira Mesa: 2:30-7 pm

Otay Ranch: 4-7 pm

Pacific Beach: 2-7 pm

UCSD/La Jolla: 10-2 pm

WEDNESDAY 

Carlsbad: 3-7 pm

Encinitas: 4-7 pm

Mission Bay: 10 am – 2 pm

Ocean Beach: 4-7 pm

Santee 3-6 pm

THURSDAY

Carmel Valley: 2:30-7 pm

Chula Vista: 3-6 pm

El Cajon : 3-6 pm

Fallbrook: 4:30 – 8 pm

Linda Vista: 3-7 pm

North Park: 3-7 pm

Oceanside CFM : 9 am – 1 pm

Oceanside Sunset: 5-9 pm

UC– Doyle Elementary: 3-7 pm

Valley Center 3-7 pm

FRIDAY

Imperial Beach: 12-6 pm

Kearny Mesa: 11 am -1:30 pm

La Mesa: 1-5 pm

Rancho Bernardo: 9 am -1 pm

SATURDAY

City Heights: 9-1 pm

Del Mar: 1-4 pm

Escondido: 10 am – 2 pm

Golden Hill: 9:30 am – 1:30 pm

Little Italy: 8 am – 2 pm

Pacific Beach: 8 am – noon

Poway: 8 am – 1 pm

Rancho PQ 10 am – 1 pm

Ramona: 9 am – 1 pm

Scripps Ranch: 9 am – 1 pm

Vista: 8 am – 1 pm

SUNDAY

Sikes Adobe: 10:30 am – 3:30 pm

Gaslamp District: 9 am –2 pm

Hillcrest: 9 am – 2 pm

Julian: 11 am – 4 pm

La Jolla: 9 am – 1 pm

Leucadia/Encinitas: 10 am – 2 pm

Point Loma: 9:30 am – 2:30 pm

Rancho Santa Fe: 9:30 am – 2 pm

San Marcos: 11 am – 3 pm

Solana Beach: 1 – 5 pm

For more info and location specifics for San Diego Farmers Markets visit:

www.sdfarmbureau.org

Want a printable calendar? Click here for the PDF

Real Estate’s New Normal

As I have reported for the past few months now, there is a major shortage of available homes on the market.

There are three main reasons for the lack of inventory over the past five years, all of which seem intractable.

First, baby boomers aren’t moving at the rate they were previously. According to an AARP survey, 87% of baby boomers over the age of 65 intend to remain in their homes. The main reason is to be near family and friends. Another reason is to avoid excess capital gains taxes. Selling a personal residence allows for a $500K exemption- if married or a $250K exemption if single.  Any realized gains over those amounts are taxed as capital gains. There are a few ways around this, most of which involve setting up trusts. That is something you would need to discuss with your attorney and/or accountant. Please let me know if you need a referral to a good attorney or accountant.

Another factor impacting the current shortage of available homes is due to the fact a few years back, when there was a huge number of foreclosures, many of these homes were purchased ‘in bulk—directly from the banks- bought by hedge funds and big private-equity groups. Rather than flipping the homes, they rented them out to the families who had been foreclosed upon-in an effort to keep them in their local community-AND to NOT sell them at the bottom of the market.

Frank Nothaft an economist with Corelogic, says in 2006 there were nine million single family houses in in the rental stock. That number increased by three million in the following seven years, he said.

As a result, there were many fewer homes for sale, which helped drive up prices in markets around the country; especially here in Southern California.

There is, as yet, no sign these investors will be putting those properties back on the market.

The third main reason for low inventory is builders aren’t building.

Home builders say its new regulations that are holding them back from filling the void. CNBC reports that such regulations may cost builders up to a quarter of the price of a new home, and a recent National Association of Home Builders study found regulatory costs have increased 29 percent in the past five years. The builders also say labor shortages are holding them back.

Finally, prices for land and materials are rising and there is a lack of finished lots in neighborhoods where people want to live. These price constraints create an incentive for builders to construct fewer and more expensive homes, because under such high demand, they can fetch higher prices for each home they do sell, CNBC reports.

There you have it. The new normal: low inventory resulting in multiple offers and rising prices.

With prices near all-time record-breaking levels you may have a lot more equity in your home than you realize. In fact, most of our clients are surprised to learn how much their home is worth. If you would like me to provide you with an accurate home evaluation-a lot more accurate than you will find on Zillow or other similar sites-please feel free to contact me anytime even if you have no intentions of selling, and are just curious, I am happy to provide you with this info.

April Calendar of Events

Want a printable calendar? Click here for the PDF

Goodguys Meguiar’s Del Mar Nationals  Mar. 31-Apr. 2

Over 2,500 hot rods & custom cars plus exhibits, swap meet, cars for sale, entertainment, indoor car show, Goodguys Autocross racing, specialty parking areas, kids zone and more.

Fri & Sat 8am-5pm, Sun 8am-3pm / Del Mar Fairgrounds

925-838-9876 / www.good-guys.com

The Flower Fields  Apr. 1-30

Take yourself out of the ordinary and spend a few hours in one of nature’s wonders; a place where kids can run and adults can linger. This 50 acres of extraordinary color, better known as The Flower Fields at Carlsbad Ranch®, is in bloom on a hillside overlooking the Pacific Ocean and offers a special nursery, garden, and gift shop by Armstrong Garden Centers in addition to festivals throughout the season.

www.theflowerfields.com

Julian Gold Rush Days  Apr. 1

Julian Gold Rush Days,, celebrates the discovery of gold in this mountain community and invites visitors to learn more about its history with a weekend of entertainment including gold panning, tomahawk throwing, candle dipping and more.

10am-5pm / Julian Mining Company

760-765-1857 / www.juliangoldrushdays.com

Latin American Art Festival  Apr. 1-2

After being selected by a panel of experts, artists from Colombia, Peru, Venezuela, Guatemala and many cities of Mexico and the United States,

will be present.

11am-6pm / Arts District, Liberty Station

619-752-6118 / www.latinamericanartfestival.com

Carlsbad 5000  Apr. 1-2

The World’s Fastest 5K will return to Carlsbad for its 32nd year in 2017. And don’t forget about the kids, they can join in on the fun too at Junior Carlsbad 5000, on April 1!

See website for schedule. / Carlsbad Village

www.runrocknroll.com/carlsbad-5000

CSHP-UCSD 12th Annual Phun Run  Apr. 2

ALL proceeds from the race go to UCSD Student-Run Free Clinic Project, which provides high quality, free-of-cost, evidence-based healthcare to San Diego’s underserved population.

9:30am / UCSD: Parking lot P604

www.phunrun.wixsite.com/2017

San Diego Padres Home Opener  Apr. 7

Come enjoy a weekend of baseball at Petco Park as the Padres begin the 2017 season against the San Francisco Giants!

www.padres.com

La Jolla Concours d’Elegance  Apr. 7-9

A weekend of prestigious automotive events. Experience the chic allure of La Jolla’s Avenues, which exudes first class hospitality, magnificent boutiques and world-class cuisine.

Ellen Browning Scripps Park: 1133 Coast Blvd.

619-233-5008 / www.lajollaconcours.com

VinDiego Wine & Food Festival  Apr. 8

Spend an afternoon at beautiful Liberty Station enjoying hundreds of California’s finest vintage award-winning wines, delectable gourmet food samples and lively music.

3-7pm / 2640 Historic Decatur Rd.

www.vindiego.com

Taste Of Julian  Apr. 8

A great opportunity to sample many of the culinary delights Julian has to offer all at once, including famous apple pie!

www.visitjulian.com

South Bay Earth Day  Apr. 8

Fun activities and a showcase of products and services to help you reduce your impact on the environment, save money and live greener and healthier.

11am-4pm / Chula Vista Bayside Park & Marina

www.chulavistaca.gov

REINS Spring Hop Egg Hunt  Apr. 8

All proceeds benefit REINS Therapeutic Horsemanship Program. Games, music, food, bunny photo, bake sale and petting zoo!

11am-1pm / 4461 S. Mission Rd., Fallbrook

760-731-9168 / www.reinsprogram.org

Coronado Flower Show  Apr. 8-9

The largest tented Flower Show in the U.S. and Coronado’s longest running tradition.

Sat 1-4pm, Sun 10am-4pm / Spreckels Park: 601 Orange Avenue

www.coronadoflowershow.com

Healthy Living Festival  Apr. 8-9

Over 200 exhibitors offering the latest in health and fitness and beauty products and services.

Sat 10am-6pm, Sun 10am-5pm / Del Mar Fairgrounds

805-667-9290 / www.healthylivingfestival.com

Ugly Dog Contest  Apr. 9

Cutest dog, best trick, dog who looks like their owner and more. Gift baskets with dog products will be given to the 1st, 2nd and 3rd place winners in each category. Gift bags with samples will be handed out to the first 100 to check in that morning.

10am-3pm / Del Mar Fairgrounds / www.bitly.com/dog2017

Onehope Act Today! For Military

Families 5k/10k Run/walk & Family Festival  Apr. 15

Cross the finish-line and celebrate at our festival featuring live music, ONEHOPE wine & beer garden, 35+ booths and a kids’ zone with bounce houses, carnival games and arts and crafts.

6:30-11am / Tecolote Shores, Mission Bay Park

www.acttodayformilitaryfamilies.kintera.org

Wanderlust 108  Apr. 15

Wanderlust’s unique triathlon consists of a five-kilometer run (or walk), a large-scale, outdoor yoga class led by some of the world’s top teachers and a guided meditation led by renowned teacher, Noah Levine. Mindful triathletes will also enjoy music from live DJs and an array of surprises throughout the day.

7:30am-3:30pm / Preble Field, NTC Park

www.wanderlust.com

Taste of Hillcrest  Apr. 15

Over 35 fantastic Hillcrest restaurants are participating, giving foodies a chance to sample some of their best and signature dishes.

12-4pm / Robinson and 5th Avenue / www.fabuloushillcrest.com

AVG Earth Day Fest  Apr. 15

Vendors will offer crafts for sale and share earth-friendly ideas.

10am-3pm / Alta Vista Gardens – Brengle Terrace Park, Vista

760-822-6824 / www.altavistagardens.org

Easter Egg Hunt at Vista Optimist Club  Apr. 15

The Vista Optimist Club hosts an All You Can Eat Pancake Breakfast and Easter Egg Hunt. Crafts, face painting and pictures with the Easter Bunny.

7:30am-1pm / 600 Optimist Way / www.vistaoptimist.org

Children’s Spring Festival & Egg Hunt  Apr. 15

Limited to children 3rd grade and under. Bring a bag or basket to collect your eggs. Games and refreshments.

10:30am / La Colonia Park: 715 Valley Ave., Solana Beach

858-720-2453 / www.ci.solana-beach.ca.us

San Marcos Spring Egg Scramble  Apr. 15

After an early morning breakfast, toddlers through 5th graders are invited to the community “Spring Egg Scramble.

8-10am / Walnut Grove Park / www.san-marcos.net

Santee Spring Eggstravaganza  Apr. 15

Crafts, Food, Primo DJ, Pony Rides, Inflatables, Petting Zoo, Carnival Rides, Face Painting, Continuous Egg Hunts.

9am-3pm / Santee Lakes – Lake #5 / www.ci.santee.ca.us

Poway Kid’s Easter Egg Hunt  Apr. 15

Create spring masterpieces with free arts and crafts; Fun Zone; take your picture with Benny and Bonnie Bunny. Teen egg hunt on the 22nd.

8am-1pm / Poway Community Park / www.poway.org

Oceanside Easter Egg Hunt  Apr. 15

There will be 4 egg hunt areas with prizes, food vendors, a fire engine and a magic show.

10am-1pm / Mance Buchanon Park: 425 College Blvd.

760-435-5041 / www.ci.oceanside.ca.us

Encinitas Spring Egg Hunt  Apr. 15

Adding to the fun in addition to the 20,000 eggs, this year we’ve got two live shows from Hulabaloo.

10am-1pm / Encinitas Community Park / www.ci.encinitas.ca.us

Taste of Point Loma  Apr. 19

Gives SD food lovers a chance to sample fresh seafood, decadent desserts and a variety of ethnic cuisine from an array of restaurants. United Portuguese SES Inc.: 2818 Avenida De Portugal

www.2017tasteofpointloma.eventbrite.com

March for Babies  Apr. 22

This is an annual fundraiser walk used to bring awareness and raise funds for the local San Diego – Imperial Division office for March of Dimes.

7-10:30am / Junior Seau Pier Amphitheater, Oceanside

858-576-1211 / www.ci.oceanside.ca.us

Maritime Fest  Apr. 22-23

Live music, entertainment, a Tall Ship and variety of boats on display, and waterfront tours. Engaging displays with hands-on nautical activities, a marine science lab and more.

10am-4pm / Chula Vista Marina / www.chulavistaca.gov

Earth Day Fair  Apr. 23

More than 300 exhibits from groups sharing what they are doing to help the environment and how you can help.

10am-5pm / Balboa Park www.earthdayweb.org

Bonita’s Chili “Cook-Off” & Fair  Apr. 23

The event features; Entertainment Stage featuring youth groups and a magician. Kids zone with booth activities!

10am-3pm / Bonita Village Shopping Center / www.bonitakiwanis.org

Fallbrook Avocado Festival  Apr. 23

Since the 60’s thousands of avocado lovers come to Fallbrook to sample the cuisine, contests, avacado-themed gifts, bands, entertainment, clothing, crafts, jewelry, and farm fresh produce.

www.fallbrookchamberofcommerce.org

San Diego Wedding Party Expo  Apr. 23

From venues to caterers, florists to DJs and photographers to gown designers you will not want to miss this show!

12-4pm / Hyatt Regency Mission Bay Resort

www.sandiegoweddingparty.com

Spring Fling – Business Expo  Apr. 27

Take this opportunity to join fellow members and mix and mingle! Enjoy beverages and food provided by local businesses and the Chamber.

5-8pm / La Mesa Community Center: 4975 Memorial Drive

619-465-7700 x2 / www.lamesachamber.net

Lakeside Rodeo  Apr. 28-30

The annual good old-fashioned rodeo featuring bull riding, bareback bronco riding, barrel racing and steer wrestling. Something for the entire family!

www.lakesiderodeo.com

San Diego Mother’s Bay Run  Apr. 29

5K, 10K and Lil’ Tykes 100m Dash. Benefiting the San Diego Rescue Mission.

7am / De Anza Cove Park, Mission Bay / www.sdmothersbayrun.com

NAMIWalks/Runs San Diego

County and HHSA Wellness Expo  Apr. 29

We walk together to raise awareness of mental illness and raise funds for those affected by mental illness in San Diego.

9am / NTC Park at Liberty Station / www.namiwalks.org

Black & White Ball and Auction Gala  Apr. 29

Silent auction, dinner, awards, dancing and entertainment. All proceeds benefit the Boys & Girls Clubs of North County.

6-10pm / Pala Casino Spa Resort / www.bgcnorthcounty.org

PVGC Annual Flower Show & Plant Sale  Apr. 29

A wide variety of dazzling plants and flowers on display in Templars Hal. 9am-3pm / Old Poway Park

858-668-4576 / www.powayvalleygardenclub.org

National City Community Service Day  Apr. 29

Help volunteer to paint, landscape, build, or even with general maintenance and clean up. Lunch will be provided!

8am-2pm / El Toyon Park: 2005 E 4th Street, National City

619-336-4290 / www.nationalcityca.gov

Mission Federal ArtWalk  Apr. 29-30

Stroll through Little Italy to enjoy over 15 blocks filled with artwork from over 350 local, national, and international artists.

11am-6pm / Between Ash and Grape Streets / www.artwalksandiego.org

Chocolate Festival  Apr. 30

Popular annual event with over 15 vendors showcasing and sampling various types of chocolate.

10am-4pm / Maritime Museum of San Diego / www.sdmaritime.org

SDCVA Wine & Food Festival  Apr. 30

We welcome you and your friends for an afternoon filled with some of San Diego County’s finest wines – ranging from Cabernet Sauvignon to Syrah and everything in between.

1-4pm / Bernardo Winery www.sandiegowineries.org

MotorCars on MainStreet  Apr. 30

Featuring over 400 pre-73 restored classic, rod and custom cars & trucks. 10am-5pm / Orange & Isabella Avenues, Coronado

619-437-0254 / www.coronadomainstreet.com

IMPORTANT DATES

09  Palm Sunday

11  First Day Of Passover

14  Good Friday

16  Easter

18  Tax Day

22  Earth Day

26  Administrative Professionals Day

SAN DIEGO FARMERS MARKETS 

MONDAY

Escondido – Welk: 3-7 pm

TUESDAY

Coronado: 2:30–6 pm

Escondido: 2:30 – 6 pm

Mira Mesa: 2:30-7 pm

Otay Ranch: 4-7 pm

Pacific Beach: 2-7 pm

UCSD/La Jolla: 10-2 pm

WEDNESDAY

Carlsbad: 3-7 pm

Encinitas: 4-7 pm

Mission Bay: 10 am – 2 pm

Ocean Beach: 4-7 pm

Santee 3-6 pm

THURSDAY

Carmel Valley: 2:30-7 pm

Chula Vista: 3-6 pm

El Cajon : 3-6 pm

Fallbrook: 4:30 – 8 pm

Linda Vista: 3-7 pm

North Park: 3-7 pm

Oceanside CFM : 9 am – 1 pm

Oceanside Sunset: 5-9 pm

UC– Doyle Elementary: 3-7 pm

Valley Center 3-7 pm

FRIDAY

Imperial Beach: 12-6 pm

Kearny Mesa: 11 am -1:30 pm

La Mesa: 1-5 pm

Rancho Bernardo: 9 am -1 pm

SATURDAY

City Heights: 9-1 pm

Del Mar: 1-4 pm

Escondido: 10 am – 2 pm

Golden Hill: 9:30 am – 1:30 pm

Little Italy: 8 am – 2 pm

Pacific Beach: 8 am – noon

Poway: 8 am – 1 pm

Rancho PQ 10 am – 1 pm

Ramona: 9 am – 1 pm

Scripps Ranch: 9 am – 1 pm

Vista: 8 am – 1 pm

SUNDAY

Sikes Adobe: 10:30 am – 3:30 pm

Gaslamp District: 9 am –2 pm

Hillcrest: 9 am – 2 pm

Julian: 11 am – 4 pm

La Jolla: 9 am – 1 pm

Leucadia/Encinitas: 10 am – 2 pm

Point Loma: 9:30 am – 2:30 pm

Rancho Santa Fe: 9:30 am – 2 pm

San Marcos: 11 am – 3 pm

Solana Beach: 1 – 5 pm

For more info and location specifics for San Diego Farmers Markets visit:

www.sdfarmbureau.org

Want a printable calendar? Click here for the PDF

Condo Prices Set New Highs in February

Both the median and average prices for condos set new all-time highs in February. It was also the fifty-seventh month in a row the median price has been higher than the year before.

The median price for single-family, re-sale homes was higher, year-over-year, for the fifty-seventh month in a row.

Home sales eked out 0.5% gain compared to last February.

Condo sales, on the other hand, were just over one-third the monthly average since January 2001.

The inventory of actively listed single-family, re-sales homes in San Diego County continues to define the market. There were 3,587 homes for sale as of March 10th. The average number of homes for sale each month since January 2001 is almost 8,582-so we are very short on housing inventory! 

The sales price to list price ratio jumped to its highest level since last July: 98.2%.

As you may have heard, on March 15th, the U.S. Federal Reserve increased the Fed Funds Rate by 25 basis points bumping it to between 0.75% and 1.00%. Fed officials expect to hike rates by 25 basis points two or three more times in 2017.

While the rate increase indicates a strong economy, it will mean higher interest rates for mortgages.

A small increase may not sound like much, however, when interest rates increase by just one-half of one-percent, for example, the Buyers monthly mortgage payment goes up by 10%-permanently.

With San Diego home prices in their 4th straight year of significant price increases, the lack of affordability is a real concern here.

If you are thinking of buying a home this year-don’t wait!

The Fed’s future rate increases-coupled with escalating home prices, will likely make it increasingly more difficult to afford the home you want.

The good news is, we have several   great low down payment loans available that require between zero and 3.5% down payment.

If you are planning on selling your home soon-you could not have picked a better time!

Prices are up-rates are still near historical lows, and the future rate increases could soften prices-due to lack of affordability.

Please feel free to call me if you would like an accurate evaluation of your home, since the market prices have changed, or if you would like to discuss some strategies on ‘how to leverage’ the market in your favor-whether you are buying or selling.

You can reach me on my cell number # 858-336-1114 or email: donp@pelletierhomes.com

Thank you!

Don

March Calendar of Events

Want a printable calendar? Click here for the PDF

San Diego Theater Week  Feb. 26-Mar. 5 

Check out some of San Diego’s amazing local theater, dance and music companies with discounted tickets and other special offers. More than 40 venues throughout the County.

(858) 381-5595 / www.SDTheaterWeek.com 

Mickey Cafagna Golf Tournament  Mar. 3 

Established to honor Mickey Cafagna, former Mayor of Poway. In keeping with Mickey’s charitable spirit, a portion of this year’s profits will be donated to the Poway Firefighters Association, which maintains a relief fund that benefits those affected by fire.

10am / Maderas Golf Club, Poway

(858) 748-0016 / www.poway.com

Del Mar Gem Faire  Mar. 3-5 

Fine jewelry, precious & semi-precious gemstones, millions of beads, crystals, gold & silver, minerals & much more at manufacturer’s prices. Over 70 exhibitors from around the world. Jewelry repair & cleaning.

Fri 12-6pm, Sat 10am-6pm, Sun 10am-5pm / Del Mar Fairgrounds

(503) 252-8300 / www.gemfaire.com

Archery Festival  Mar. 3-5 

Come take a shot at archery at this state-of-the-art facility!

Easton Archery Center of Excellence, Chula Vista

www.chulavistaca.gov 

Finish Chelsea’s Run  Mar. 4

Join your friends and neighbors for the 7th Annual Finish Chelsea’s Run in honor of Chelsea King. The event will feature a competitive 5K race and fun run/walk, family festival, children’s activities, team competition, entertainment and refreshments. Proceeds from the event will go towards the Chelsea’s Light Foundation Sunflower Scholarship Fund.

7:30–11am / Balboa Park, San Diego

www.chelseaslight.org/race-faq 

Annual Trails Day  Mar. 4 

Three-mile hike will visit the Discovery Lake, and Discovery Creek trails. A more challenging, 7-mile hike with more than 1000 feet of elevation gain will be offered to Double Peak Park.

8:30am-12pm / Discovery/Lakeview Park, San Marcos

(760) 744-1050 / www.san-marcos.net

Annual Koi Show  Mar. 4-5 

Over 300 Koi on display in competition, from 6 inches to 3 feet long. Described as “living jewels,” Koi can live over 100 years. Learn how to build a Koi pond and waterfall, turning your backyard into a tropical paradise.

Sat 9am-4pm, Sun 9am-3pm / Del Mar Fairgrounds

(619) 542-2000 / www.koiclubofsandiego.org

San Marcos Alive  Mar. 5 

Fine art, craft fair, art demonstrations and exhibitions, children’s area, musical entertainment and juried art & photography show.

10am-3pm / San Marcos Civic Center

(760) 744-1050 / www.san-marcos.net 

St. Patrick’s Day Half Marathon  Mar. 5 

Begins with the Green Mile run/walk which includes children and adults with mental and physical disabilities. The 5K/Half Marathon is a fast out and back course that takes you on a tour of El Cajon.

7am-1pm / Downtown El Cajon

(619) 440-6161 / www.eastcountychamber.org

Annual Bridal Fair  Mar. 5 

Over 20 vendors, select wedding designers, florists, photographers, officiants, bakery specialist and musical professionals.

10am-1pm / Grand Tradition Estate & Gardens, Fallbrook

(760) 728-6466 / www.grandtradition.com 

Arts Alive Banner “Unveiling”  Mar. 5 

The unveiling reception is the “reveal” that premiers the exhibit each year. The signature activity and sole fundraising event of the 101 Artists’ Colony is to put on the Arts Alive Encinitas exhibit.

12-3pm / Leichtag Commons – Barn 2: 441 Saxony Rd., Encinitas

www.101artistscolony.com

CSF Telethon  Mar. 9

Epic student performances and far out fun and games for all! Benefits the Coronado Schools Foundation.

4:30-8:30pm / Coronado High School www.csfkids.org/telethon 

Lung Force Expo  Mar. 11 

A forum for healthcare professionals, patients, and survivors, and caregivers to learn about the latest treatments, support, and research for lung cancer.

8:30am-3pm / SDG&E Energy Innovation Center

(619) 683-7514 / www.lungforce.org

Just In Time for Foster Youth “Walk the Talk” Annual Celebration  Mar. 11 

Connect and engage 400+ prominent members of the community with the JIT mission and the young men and women whom JIT serves. Gourmet cuisine, entertainment and a live auction.

6pm / Hyatt Regency La Jolla at Aventine

(858) 705-1705 / www.jitfosteryouth.org

Youth Fitness Expo and Family Fun Day  Mar. 11 

Educational exhibits, fitness activities, carnival games, raffles, and performances by the children in our after school dance classes in almost 100 San Diego County elementary schools.

12:30-4pm / Balboa Park: Spreckels Organ Pavilion

(619) 276-7763 / www.heartlightsandiego.com

Tip Top Run 5K & 10K  Mar. 11 

The Agua Hedionda Lagoon Foundation will have their annual Tip Top Run Leprechaun Dash & Bash. Runners will receive lunch from Tip Top Meats, two complimentary beers or wines, an event t-shirt, and a swag bag full of goodies.

8:30am / 1580 Cannon Road, Carlsbad

(760) 804-1969 / https://lagoon.aguahedionda.org

Living with Animals  Mar. 11

Whether we see an animal as a pet, a pest, or food has changed over time and across cultures, making our relationships with them dynamic and complex to say the least.

10am- 5pm / San Diego Museum of Man

1350 El Prado, San Diego, CA 92101

(619) 239-2001 / www.museumofman.org

Best Coast Beer Fest 2017 presented by Sycuan  Mar. 11

More than 200 beers from nearly 100 local breweries, grab a sensible lunch in our food truck alley and listen to the sweet sounds of local bands – all while taking in the gorgeous views of Coronado and downtown San Diego.

1-5pm / Embarcadero Marina Park South

1 Marina Park Way, San Diego, CA 92101

www.bestcoastbeerfest.com/san-diego-2

St. Patrick’s Day Parade and Irish Festival  Mar. 11

Experience the largest Irish celebration west of the Mississippi. The parade features over 120 floats complete with marching bands, bagpipers, traditional Irish dance troupes, clowns, and dignitaries. The festival portion boasts live music, a beer garden and a kids’ zone. The parade will start at 10:30 am at 5th and Laurel Streets.

9 am–6pm / Balboa Park, San Diego

www.stpatsparade.org

Salute to the Military Ball  Mar. 11 

A black-tie affair giving Coronado citizens and surrounding business communities an opportunity to show their thanks and support to local military members and their families.

6-11pm / Hotel del Coronado

(619) 435-9260 / www.coronadochamber.com 

Tomato Mania  Mar. 11-12 

California’s largest tomato seedling sale is back! Workshops teach what you need to know to grow great-tasting tomatoes.

9am-3pm / The Water Conservation Garden, El Cajon

(619) 660-0614 x10 / www.thegarden.org

North County St. Patrick’s Day Parade/Festival  Mar. 12 

Featuring a parade, vendors, kids activities and live Irish music! The parade will run along Broadway and Main. Come and enjoy the local micro-breweries and restaurants, and food booths.

12-6pm / Downtown Historic Vista

(760) 414-9391 / www.vvba.org 

National City International Mariachi Festival  Mar. 12 

Celebrate San Diego’s Mexican heritage through mariachi music, traditional folkloric dancing, and a celebration of arts, culture, and culinary delights.

11am-7pm / Pepper Park: 3299 Tidelands Avenue

(619) 410-2230 / www.nationalcitychamber.org 

Shelter to Soldier First Annual Dog Walk  Mar. 12 

Walk YOUR dog in the Downtown Vista St. Patrick’s Day Celebration! Continue the fun at the America Legion for lunch, basket raffles, pet adoptions and vendor information.

2pm / Vista Village Creek www.classy.org 

Spring into Healthy Living  Mar. 15 

Speakers on frauds and scams, fire safety, driver safety, exercise, free health screenings, senior-friendly exercise demonstrations, senior resources, healthy continental breakfast and more.

9am-12pm / McGrath Family YMCA, Spring Valley

(877) 926-8300 / www.eastcountychamber.org 

San Diego Latino Film Festival  Mar. 16-26 

The festival will occupy five screens for eleven days and will present over 160 films from Latin America, the United States, and Spain. Opening and closing night parties, daily music acts, the 2nd Annual Sonido Latino Beer & Wine Festival, Q&A sessions with visiting filmmakers.

AMC Fashion Valley 18

(619) 230-1938 / http://2017.sdlatinofilm.com

St. Patrick’s Day  Mar. 17 

Every year on March 17, the Irish and the Irish-at-heart across the globe observe St. Patrick’s Day. What began as a religious feast day for the patron saint of Ireland has become an international festival celebrating Irish culture with parades, dancing, special foods and a whole lot of green.

San Diego shamROCK  Mar. 17 

Over 50,000 square feet of astroturf will be rolled out to set the scene for a block party that boasts three stages, non-stop music, and of course – plenty of green Bud Light beer and Jameson Irish Whiskey libations.

6pm-12am / Gaslamp Quarter, Downtown San Diego

(619) 233-5008 / www.sandiegoshamrock.com 

Downtown San Diego St. Patrick’s Day Pub Crawl  Mar. 17

One of the biggest party days of the year in San Diego! Join us for our annual St. Patrick’s Day Pub Crawl which grants you access and drink discounts at over 10 different venues. Your St. Patrick’s Day Pub Crawl kit includes drink coupons, free welcome shot vouchers, and a map of all participating S.D. bars and nightclubs.

4pm-2am /  Tin Roof, 401 G St., San Diego, CA 92101

(619) 718-0996 / www.clubcrawlsandiego.com/st-patricks-day

South Oceanside Hot Rod, Rat Rod,

Custom Car, Bike and Boat Show  Mar. 18 

This is a great neighborhood event with awesome vehicles, entertainment, food, and tons of fun for everyone!

9am-3pm / South Oceanside Elementary School

(760) 207-5371 / www.facebook.com/southocarshow 

San Diego Cake Show  Mar. 18-19 

Celebrity appearances from stars of the top TV baking competitions, classes taught by world-renowned teachers for all skill levels, from beginners to advanced and free demonstrations on the Main Stage! Large vendor area.

10am-5pm / Del Mar Fairgrounds

(858) 333-6905 / www.sandiegocakeshow.com

Kia Classic  Mar. 21-26 

Features 144 of the best women golfers playing for the $1.8 million purse. The field features 2016 Kia Classic Champion Lydia Ko and crowd favorites Paula Creamer, Stacy Lewis, Michelle Wie and Lexi Thompson.

Park Hyatt Aviara Resort, Carlsbad www.kiaclassic.com 

Race for Autism  Mar. 25 

100% of donations support San Diego autism programs, services, and local classrooms. 5K chip-timed run or walk, 1-mile SUPERHERO Family Fun Walk, scenic Balboa Park course, resource fair, children’s activities, music, commemorative medals and t-shirts, prizes and refreshments.

7am / Balboa Park

(858) 679-8800 / www.raceforautism.org 

Health Fair Saturday  Mar. 25 

Thousands of residents circulate through this event which features scores of information booths, insurance providers, healthcare presentations, health screenings by Sharp Grossmont Hospital, and live, interactive demos.

10am-2pm / Grossmont Center, La Mesa

(619) 440-6161 / www.eastcountychamber.org

Bark in the Park Fund Raiser  Mar. 25 

Experience the new Live Oak Dog Park. A community walk, which will give participants a tour of the park’s lovely trails and the off-leash area. Followed by dog contests, food and demonstrations/seminars.

9am-2pm / Live Oak Dog Park: 2746 Reche Road, Fallbrook

(760) 731-1041 / www.fallbrookchamberofcommerce.org 

Home Garden Tour  Mar. 25 

The self-guided tour will highlight five beautiful gardens, located in East County utilizing an array of color, variety, and low water usage. Learn how you can design your backyard for low water usage plants.

9am-3pm / The Water Conservation Garden, El Cajon

(619) 660-0614 / www.thegarden.org 

The Bunny Ball  Mar. 25 

Cruise 4 Kids is raising money and collecting Bunnies for sick and underprivileged children. This is a high energy black tie spring celebration. Live DJs, dancing, cocktails, raffles, silent auctions, magician, photos with bunny mascots, photo booth, balloon drop, and candy buffet.

7:30pm / Hilton San Diego Resort: 1775 E. Mission Bay Dr.

(760) 716-5248 / www.TheBunnyBall.com 

Tequila & Taco Music Festival  Mar. 25-26

Enjoy live music, craft beer, margaritas, and food vendors all weekend long! Tequila sampling is on Saturday only, from 11 am–3 pm: taste top-shelf tequilas while enjoying the best gourmet tacos. Proceeds from the event will benefit The Gen Giammanco Foundation. Refer to website for tickets.

11am–5:30pm Saturday / 11:30am–6pm Sunday

200 Marina Park Way, Embarcadero Marina Park S., San Diego

www.tequilaandtacomusicfestival.com/sandiego 

Encinitas Half Marathon  Mar. 26 

With breathtaking views along the historic Highway 101, you’ll be inspired and energized by the beauty of each mile through one of So Cal’s most popular beach towns. Post-race festival.

7:30am-12pm / Moonlight Beach, Encinitas

(760) 846-5721 / www.encinitashalfmarathon.com

SAN DIEGO FARMERS MARKETS 

MONDAY

Escondido – Welk: 3-7 pm

TUESDAY

Coronado: 2:30–6 pm

Escondido: 2:30 – 6 pm

Mira Mesa: 2:30-7 pm

Otay Ranch: 4-7 pm

Pacific Beach: 2-7 pm

UCSD/La Jolla: 10-2 pm

WEDNESDAY 

Carlsbad: 3-7 pm

Encinitas: 4-7 pm

Mission Bay: 10 am – 2 pm

Ocean Beach: 4-7 pm

Santee 3-6 pm

THURSDAY

Carmel Valley: 2:30-7 pm

Chula Vista: 3-6 pm

El Cajon : 3-6 pm

Fallbrook: 4:30 – 8 pm

Linda Vista: 3-7 pm

North Park: 3-7 pm

Oceanside CFM : 9 am – 1 pm

Oceanside Sunset: 5-9 pm

UC– Doyle Elementary: 3-7 pm

Valley Center 3-7 pm

FRIDAY

Imperial Beach: 12-6 pm

Kearny Mesa: 11 am -1:30 pm

La Mesa: 1-5 pm

Rancho Bernardo: 9 am -1 pm

SATURDAY

City Heights: 9-1 pm

Del Mar: 1-4 pm

Escondido: 10 am – 2 pm

Golden Hill: 9:30 am – 1:30 pm

Little Italy: 8 am – 2 pm

Pacific Beach: 8 am – noon

Poway: 8 am – 1 pm

Rancho PQ 10 am – 1 pm

Ramona: 9 am – 1 pm

Scripps Ranch: 9 am – 1 pm

Vista: 8 am – 1 pm

SUNDAY

Sikes Adobe: 10:30 am – 3:30 pm

Gaslamp District: 9 am –2 pm

Hillcrest: 9 am – 2 pm

Julian: 11 am – 4 pm

La Jolla: 9 am – 1 pm

Leucadia/Encinitas: 10 am – 2 pm

Point Loma: 9:30 am – 2:30 pm

Rancho Santa Fe: 9:30 am – 2 pm

San Marcos: 11 am – 3 pm

Solana Beach: 1 – 5 pm

For more info and location specifics for San Diego Farmers Markets visit:

www.sdfarmbureau.org

Want a printable calendar? Click here for the PDF

Prices & Sales Continue Rising in 2016

Prices for single-family homes, while not quite reaching the highs set in 2005, ended the year with modest gains. The median prices for homes gained 5.4% compared to 2015. Making it the fifth year in a row of year-over-year gains.

The median price for condos/townhomes did reach all-time highs in 2016, gaining 8.3%.

Sales were up marginally in 2016. Single-family home sales rose 0.7% year-over-year. Condo/townhome sales were up 0.3%.

NEW FHA LOAN LIMITS FOR 2017

The Federal Housing Finance Agency has released the conforming loan limits change for 2017. This change resulted in higher loan limits beginning in January for many counties across the country.

The Federal Housing Administration is insuring loans for people looking to purchase a home or refinance a home with a little equity. The program insures loans up to the maximum loan limit in the county in which the property is located.

The maximum loan limit in San Diego County is rising to $612,950 for 2017. This represents a significant change for people looking to purchase a home who have good income, sufficient credit, and a healthy debt-to-income ratio who are otherwise tight on cash to close. This change represents bigger borrowing power in nearly every county across the United States.

To read the full report click:
http://pelletier.rereport.com