Gratitude Realty

August 14, 2019

Is this Bay Park apartment complex a model for transit development?

The proposed residential and retail mid-rise complex that would take over the 3.55-acre parking lot at the intersection of Clairemont Drive and Morena Boulevard in Bay Park represents the future of transit-adjacent housing in San Diego, its developer says.

Wednesday,

August 9, 2019

Convicted Former NFL Star Kellen Winslow Jr.’s SoCal Home Sells for $2.85M

The Encinitas, CA, home of former NFL tight end Kellen Winslow Jr.—currently behind bars on a rape conviction—has sold. The contemporary farmhouse changed hands this week for $2.85 million.

Initially charged with rape and kidnapping

July 31, 2019

Fed cuts interest rates: What does it mean for you?

Current Rates

REAL TIME INTEREST RATES

The Federal Reserve on Wednesday cut its benchmark interest rate by a quarter percentage point, the first cut since the 2008 financial crisis. The new short-term range will be between 2% and 2.25%.

But

July 30, 2019

50 Years Later: Manson Murder House in Los Feliz Hits Market at $2M

Fifty years after it was the scene of a grisly murder, this home in the Los Feliz neighborhood of Los Angeles is on the market for $1.98 million.

Today, the two-bedroom, 1.5-bathroom,

July 29, 2019

Mortgage Rates Drop to a 2 1/2-Year Low

Rates for home loans tumbled, sending the benchmark to its lowest since late 2016.

The 30-year fixed-rate mortgage averaged 3.73% in the June 27 week, down 11 basis points, Freddie Mac said Thursday.

The 15-year fixed-rate mortgage averaged 3.16%,

July 25, 2019

What’s Happening in San Diego this Weekend July 25-27

Friday, July 26

Nissan Super Girl Surf Pro
All Day (Friday through Sunday), South of Oceanside Pier at the end of Mission Avenue (Oceanside)
Talk about a whole lot of girl power in one place. The world’s top professional female

July 23, 2019

Seaport Village Tower will be the most unique on the coast

In some circles there is a sense that San Diego is missing an internationally recognizable calling card, as in a postcard-worthy — or in today’s vernacular, Instagrammable — destination that shouts, “Visit me.” The cylindrical tower with a cinched waist

July 21, 2019

San Diego home price stays at $570K

The San Diego County median home price stayed at $570,000 in May, the same as it was last May, said real estate tracker CoreLogic.

Home prices reached a peak in August 2018 of $584,750 but the price mostly leveled off

July 18, 2019

5 intriguing trends to track in the multifamily housing

In just about any metro area in the U.S., investors, developers, and builders are scrambling to keep pace with the surging demand for multifamily housing, especially rental apartments.

TREND #1: THE QUEST FOR THE URBAN LIFESTYLE

Multifamily products are

July 12, 2019

Things to do in San Diego this weekend July 12-14

Friday, July 12

Wonderspaces: In Common
Times Vary, B Street Pier (San Diego)
Prepare to immerse yourself in a world of wonder. The traveling art exhibit, “Wonderspaces,” returns to San Diego with more than a dozen more interactive pieces

July 11, 2019

14 Housing Markets Where Home Prices Might Have Peaked for now

Earlier this month, the real estate research team at Zillow published a report that showed U.S. home prices dropped from March to April 2019. That was the first month-over-month drop in home values since February of 2012.

According to the

July 10, 2019

Wall Street surges as Fed hints at July Mortgage rate cut

Major U.S. stock indexes jumped on Wednesday after Federal Reserve Chairman Jerome Powell highlighted weakening U.S. economic indicators in congressional testimony, boosting the odds of an interest rate cut later this month.

The central bank’s monetary policy committee all but