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February 2024

New San Diego Renter Protections: Key Changes for 2024

Smaller Security Deposits (AB 12): - Starting July 1, max 1-mo rent for security deposit. - Applies to most landlords, exceptions for small owners with specific conditions. Eviction Restrictions (SB 567): - Family member move-in evictions require 12-mo occupancy by them. - Substantial remodel evictions to require permits and >30-day....

County offers down payment assistance to first-time homebuyers

The County of San Diego’s Down Payment and Closing Cost Assistance Program has $2 million available until the end of June to help first time homebuyers. The program is for people with an income 80% or less of the area median income. It offers a deferred loan for a down payment and closing costs, with no monthly payments. More information is available on the San Diego Housing Commission's...

San Diego Home Prices Fell in November, But Remain Up 8% Year Over Year

San Diego home prices declined for the second month in a row in November, but remained 8.0% higher than a year ago, according to the respected Case Shiller Index. Detroit and San Diego were listed as the two large markets with the highest year-over-year gains. High mortgage rates were blamed for the price declines, but a decrease in rates could support further annual gains in home prices. Continue...

Happy Valentine’s Day

Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was common for friends and lovers...

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