La Jolla Market Risk
Looks like there might be a new "risk list" when it comes to advising those wanting to invest in real estate. This "risk list" will point out foreclosures and other stressed short sales, as well as, advising investors on the places with the least risk to put money into. Read More

The Museum of Contemporary Art in La Jolla
On the 4th of May, the Museum of Contemporary Art San Diego, which is located in La Jolla, will play host to a very modern approach to aural art. "Interact with Soundwaves: The Art of Sampling" is an exhibit that focuses on the modern DJ and art. Since the 50's, people like Stockhausen played and manipulated sound. His work would later go on to influence artist Andy Warhol and even influenced the Beatles. Read More

La Jolla Resident Wins Poster Competition
Congratulations goes out to La Jolla resident, Natalia Tucker, who is a kindergarten student at Torry Pines Elementary. Natalie has won the poster contest sponsored by the State of California Dept. of Boating & Waterways. On Tuesday, January 29th 2008, they will honor the artist at her school. In addition to honoring Natalie, the State of CA Dept. of Boating & Waterway will also teach water safety procedures to the students of Torrey Pines. Read More

Is San Diego in Love with the Mills Act?
An annual tax break will be coming to those wealthy neighborhoods across San Diego, amounting to approximately, 4.7 million dollars. The Mills Act is a program that is responsible for offering incentives to home and property owners that encourage them to maintain and preserve their homes or buildings, by cutting their property tax, as much as, 70%. Currently, San Diego has more participating homes, more than any area in the United States, with over eight hundred. Unfortunately, the city of San Diego is unable, at this time, to make sure all those participating are holding up their end of the bargain. Some of these homes can go 10 years without being inspected. Read More

Future Olympians Coming to San Diego
On Feb. 16th, in Mission Park, San Diego is going to have an opportunity to get a glimpse at the very best long distance runners in the USA. THe USA Cross Country Championship will take place on a two kilometer loop, in Mission Bay. Read More

Waiting for the Bottom of the Real Estate market?
While no one has a 100% accurate crystal ball, the bottom of this market has been hard to find. There has been no real reason for the real estate market to turn around for awhile. That may all change around the 15th of February according to some predictions. Read More

Kyocera Promotes "Going Green" in San Diego
Kyocera's Class A building is going to get a makeover soon. Located in Kearny Mesa on Balboa Ave, construction will begin on the building in the first quarter of this year and planned to be competed in the first quarter of 2009. Read More

San Diego Restaurant Week Comes to La Jolla
It's that time of year. The San Diego Restaurant Week will be taking place in La Jolla and the rest of San Diego County, starting Jan. 27th and will run until Feb. 1st. Chef's from all over San Diego will be participating and will all be trying to showcase their best delectables. The event has gone from seventy-five participating restaurants, its first year, to one hundred and fifty by its fourth. You will be treated to a wonderful pre-determined multi-course meal, at a great price. Prices will range from 30-40 dollars per person, excluding tax, drinks and tips. Read More

Largest Yet, The Fed Lower Interest Rates Again
On Tuesday, the Federal Reserve made a bold move and cut interest rates by 3/4 percentage point. This is not only monumental, but is one of the largest cuts in recent history. The Fed are hoping that this will be the move to ease fears of a recession. Read More

San Diego Housing Market Predicted to Recover in 2008
Some experts are going against that grain and saying that our economic recovery will begin in 2008, especially in San Diego. Buildiing homes in San Diego will again remain somewhat steady at approximately "60% of a past five years' average". The sudden decline in residential construction was irrational behavior. At one time, the construction boom provided life to the economy, but with the sub-prime crisis, along with over building and inflation, we realized we bit off more than we could chew. Read More

Downtown San Diego Condo Market Remains Strong
The lastest figures, reported by MarketPointe Realty, for downtown San Diego Condos, have been released. Downtown San Diego Condo resales outsold last years figures by three units. What's incredible is that these numbers almost match the numbers sold in 2003 and 2004. Nothing can compare to 2005, which was off the charts, with over 700 sold. Read More

Pompeii Comes to San Diego
The San Diego Natural History Museum will play host to, "A Day in Pompeii", on Feb. 15, 2008. The exhibit promises to transport us back in time, two thousand years ago, and show us the day-to-day activities of this legendary city. Read More

When's the Right Time to Buy a Home
Finding the right time for the housing market So, you are thinking about purchasing a home, but are afraid to make a move in this slowing housing market. Here's some advice:
No one should recommend trying to find the exact time to plunge into the housing market, just as they shouldn't recommend an exact time to enter into the stock market. It is probably unrealistic to think that you are going to buy a home just as prices hit their lowest. Even if you are able to nail down the exact time to buy your home, just as prices are on the verge of rebounding, by the time you find your home, get a loan, and close escrow, that ideal time may have passed you by. Read More

Mortgage Forgiveness Debt Relief Act of 2007
The Feds are reporting on the recent tax breaks President Bush signed off on, which will help those homeowners in mortgage crisis. Previously, debts forgiven by the lenders, for example, short sales, or refinancing were taxable to the one who borrowed the money as debt discharge income. With the Forgiveness Debt Relief Act of 2007, the taxpayer no longer has to pay income tax on the forgiven debt on loans which were secured by a principal residence. Read More

Big Donations Keep La Jolla Growing
One million dollars was donated to the La Jolla Playhouse by Rao & Padma Makineni. The money will go towards the play development center, where celebrations are held for opening nights, as well as, rehearsals. Read More

Mortgage Rates - Economy Update
Mortgage rates continue with their trend lower on the perceived notion that the economic downturn could be more than expected. Generally, a sign of a weak economy will in turn create less inflation and lower mortgage rates. On Thursday, the Fed suggested that they were preparing to do something about it, spurring a reaction from investors who interpreted the statement as proof that the Fed will be more aggressive with cutting rates this time around. They are now thinking that a half point cut will be applied at the next meeting, Jan. 30, 2008. Read More

La Jolla Conference Discusses Clean Technology
La JollaThe US will continue with "clean technology fund" estimated to be a multi-billion dollar deal. The fund will assist China and select other developing countries by helping them finance their technologies in order to decrease greenhouse emissions, as well as, other forms of pollution. Read More

Downtown San Diego Waterfront Projects Get Panel Support
Downtown San Diego: Two key components of the city's ongoing makeover of the bay front, the Broadway Pier cruise ship terminal and the Lane Field development recently won crucial support from the San Diego Port Commission. Read More

UCSD Makes National Best Value List
La Jolla: UCSD (University of California San Diego) has been ranked 11th on a national listing of the 100 best values in public universities, in a report published January 7, 2008. Read More

Tennis Fed Cup at La Jolla Beach & Tennis Club
La Jolla- The Fed Cup match between the united States and Germany is scheduled to take place February 2-3 at the La Jolla Beach & Tennis Club. In past years, the club has hosted the event and constructed a special court for the event. William Kellogg, steward of the Tennis club says this year is no different. The court is constructed and grandstands are to be installed soon. After that, lines will be painted on the court and it will be ready for the matches. Read More

Tennis Fed Cup at La Jolla Beach & Tennis Club
La Jolla- The Fed Cup match between the united States and Germany is scheduled to take place February 2-3 at the La Jolla Beach & Tennis Club. In past years, the club has hosted the event and constructed a special court for the event. William Kellogg, steward of the Tennis club says this year is no different. The court is constructed and grandstands are to be installed soon. After that, lines will be painted on the court and it will be ready for the matches. Read More

San Diego County Retirement Association Receives Highest Credit Rating
San Diego - The County's retirement association has been given a credit rating firm's highest rating. The association manages an $8.4 billion fund which pays retirement benefits for County employees. Read More

UCSD Receives Grant for Adult Education
La Jolla: The University of California San Diego (UCSD) has just received a one million dollar endowment grant earmarked for the enhancement of educational programming for older adults. Read More

Crews Report Initial Landslide Repairs Complete
La Jolla: Crews have completed the installation of shear pins in the slope of Mount Soledad where the October 3 landslide occurred. The construction crews are still hard at work on winterizing the slope in order to prevent any further sliding. Read More

Remodeling on the Rise
A popular home-repair referral service reports in its annual poll that home owners are expected to spend an average of $11,250 on various home maintenance and improvement projects in 2008. This estimate is up 13% over the average amount report spent throughout 2007. Read More

The question is - Why buy a Home?
The real estate market of today has many potential home buyers looking at the purchase of a home for reasons other than the obvious: your home provides shelter for your family; it serves as the nucleus of your family. Your home is where birthdays, graduations, holidays and a wealth of memories will be made. It is important that the home buyer of today has a clear understanding of the reasons why it is important to purchase real estate as a long-term investment. Read More

New Home Sales Decline in November '07, Except California
The United States Commerce Department reported last week that sales of new homes went down by 9% in November from October to a seasonally-adjusted annual rate of 647,000. The last time that figure was that low was 12 years ago in April of 1995 when sales fell to 621,000. Read More

5 Easy Ways to Increase the Value of Your Home
Proper home maintenance is the key to the proper creation and preservation of your home's value. Additionally, when it comes time to sell the home, it also impresses potential buyers. Read More

State Refocuses on Creation of Marine Reserves
The California State Fish and Game Department announced earlier this month their intention to begin studies of where it may be appropriate to create marine reserves in waters up to three miles offshore in areas between Santa Barbara and the Mexican border. The studies are expected to begin early in 2008 and will include areas within San Diego County. Read More

'08 Tourism Outlook is somewhat Overcast
The San Diego Convention and Visitors Bureau reports that a number of factors that adversely affected the San Diego Tourism numbers in 2007 are likely to continue in the New Year. Read More

La Jolla Parking Board Vote Halted by City Attorney's Office
The December 19th meeting of the La Jolla Parking District Advisory Board was met with a surprise attendee when Deputy City Attorney Michael Calabrese showed up. Read More

How Green Remodeling Can Pay Off
San Diego Homeowners who are considering remodeling their homes should look into "Green" remodeling practices. Green practices can really pay off in lower utility bills and greater home value when the home is sold. Read More