17 things HOA managers should know

One in a series of columns on boards, homeowners, managers, vendors and HOA lawyers.Managers are the HOA’s most important service providers. HOAs don’t work well without competent and trustworthy managers.Managers are increasingly vital for the HOA housing model as it continues to grow. About 30 per
Read MoreOver The Top In Palm Springs, $7.69M

There’s a long tradition of Modernist extravagance in Palm Springs, dating back to the 1950s, of architectural minimalism overlaid with the inescapable influence of Hollywood Regency. In 2012, Sean Lockyer, AIA of Studio AR&D Architects created this extraordinary residence, one of his first desert p
Read MoreIs a new San Diego neighborhood group positive for the Uptown area?

The San Diego City Council voted last week to replace its existing neighborhood group in the Uptown area with a new group that describes itself as younger, more renter-focused and less resistant to development.It’s expected the move could ultimately pave the way for more high-rises and dense develop
Read MoreSan Diego home price hits another record high. Will it ever stop?

San Diego County’s median home price growth showed no signs of abating in April as another record was hit. The median price was $880,000, up from a revised record high of $860,000 the previous month, CoreLogic data revealed Thursday. The county’s median, which includes newly built homes, resale home
Read More-

San Diego had the fastest rising home prices in the nation for a fourth month — an increase of nearly double the U.S. average. The San Diego metropolitan area’s annual home price increased 11.1 percent annually in March, according to the S&P Case-Shiller Indices report released Tuesday. It was follo
Read More -

Chula Vista’s latest residential development, which has some of the lowest prices for new homes in the region, was only possible after a zoning change.There are 718 homes at Sunbow, a new project from Miami-based Lennar in Chula Vista’s Otay Ranch. It is a mix of townhouses and condos, ranging from
Read More The high-flying Dow Jones stock index: Good or bad for California?

The stock market’s venerable yardstick, the Dow Jones Industrial Average, recently made history — crossing 40,000 for the first time.Yes, this milestone set on May 16, is only a brief emotional victory for shareholders. Yet it can be seen as a historical milepost for the broader business climate, es
Read More18 things all HOA members should know

One in a series of columns on boards, homeowners, managers, vendors and HOA lawyers.HOA living involves a trade-off of independence in exchange for the benefits the HOA provides. Someone unwilling to trust others to make decisions and who must personally make all decisions is probably not cut out fo
Read MoreSan Diego’s life science industry has a new challenge: Too much space

San Diego’s world-renowned life science cluster broke a new record at the start of the year: The vacancy rate for lab and office spaces hit 14 percent — an all-time high.Three years ago, businesses were fighting for space in San Diego’s main life science hubs like Sorrento Valley, La Jolla and Del M
Read MoreFashion Valley mall to replace JCPenney with 850 apartments

One of San Diego’s flagship shopping destinations is stepping into the next generation of retail with plans to remake an anchor space into an upscale apartment community.Simon Property Group announced earlier this week that it will redo the west end of Fashion Valley with 850 luxury residential unit
Read MoreDid San Diego City Council make the right call increasing developer fees?

The San Diego City Council recently voted to raise developer fees to cover additional city workers, new technology and other efforts.Critics argued the fees would only make housing less affordable and complained permitting has long delays, as well as suggesting the increased fees should come with in
Read More-

San Diego’s elected leaders agreed Wednesday that the city should move toward securing a formal agreement with local developer Chelsea Investment Corp. to build more than 400 units of affordable housing on an East Village block once destined for a luxury hotel.Members of the City Council’s Economic
Read More San Diego will sublet space in Mission Valley as part of plan to vacate downtown operations building

Eager to exit its failing downtown operations building, the city of San Diego has agreed to lease the entirety of an empty office building in Mission Valley and will move a portion of its development services department to the facility later this year.Monday, San Diego City Councilmembers voted 8-1
Read More13 things all HOA directors should know

This is the first of five installments that will address boards, homeowners, managers, vendors and HOA lawyers.Governance1. HOA governance is a team sport. It’s different from our career jobs because the board legally controls the HOA, not the president. The president is not the boss but mainly is t
Read More-

An ambitious plan by a local affordable housing developer to build more than 400 low-income units in downtown San Diego has reached a key milestone that will allow the city to start negotiating terms for redeveloping a site once intended for a five-star Ritz-Carlton hotel.The city’s Economic Develop
Read More A Modernist Gem In Pasadena, $2.6M

If you’re looking for a 3-bed, 2.5-bath house with flexible multi-level spaces, beautiful details set in a sophisticated design language that reaches back to the glory days of Modernism in Los Angeles, look no further than this exceptional property from Corsini Stark Architects. Known as the Callow
Read MoreJason Hughes, broker in 101 Ash St. deal, wins bid to stop his license from being revoked

A Superior Court judge has blocked the California Department of Real Estate from revoking the license of the broker who advised San Diego city officials to lease a downtown high-rise, then pocketed millions from the deal.Real estate adviser Jason Hughes won a stay of that planned penalty at a hearin
Read MoreWhy so many people have stopped buying vacation rental homes in San Diego

Interest rates and home prices are so high in San Diego that even vacation rental buyers have fled.Mortgages for second homes in San Diego metro, typically a good indicator of vacation rental purchases, were down 45 percent in 2023, said a new study from real estate website Redfin and data analytics
Read MoreWhere in California have wages trailed rent hikes the most?

The pain: Rent hikes outpaced pay raises in 44 of 50 big U.S. metropolitan areas during the past four years — and in four of six metros from California in this study.The source: My trusty spreadsheet reviewed Zillow’s analysis of the growth in rents vs. increases in average hourly earnings between 2
Read MoreDid HOA board go through the correct process to change rules?

Q: If the board decides to change any rules shouldn’t those rule changes be placed on the open general session board meeting agenda for discussion and vote of the board members before being sent out for the 28-day comment period? Is it a violation to make this decision in executive session, without
Read More
Categories
Recent Posts











