Point Loma Summer Concerts 2023
I'm proud to be a sponsor of the summer seires, bring you music through the decades. These concerts are all FREE each Friday from 5:30-8:30PM beginning July 14th. They are held in Point Loma Park at 1049 Catalina Blvd. Round up your friends and family and grab your blankets and beach chairs for a relaxing evenoing of music. Enjoy these bands this summer. July 14 - BIG TIME OPERATOR playing music of the 1940's and 1950's July 21 - SCOTT BRUCE TRIBUTE TO ELVIS: THE EARLY YEARS playing Elvis's music from the 1950's July 28 - BEATLES vs STONES tribute bands playing 1960's hits from each of these groups August 4 - FULL STRENGTH will take you back to the 1970's August 11 - DSB: A JOURNEY TRIBUTE BAND will close out the series with 1980's Journey hits
June 2023 Housing Report for San Diego County
THE SUMMER HOUSING MARKET - Expect the San Diego County housing market to slow just slightly yet to remain exceptionally HOT! The real estate market is usually cyclical throughout the year although its "seasons' don't strictly align with the calendar. The Spring market is historically the busiest with the Summer market being the scond busiest. The summer season is considered to run from the time kids are getting out of school in early June through the time they return around the end of August. During the 2023 Summer market demand is expected to decrease slightly which will result in an increase in the number of available homes as more properties continue to come on the market. The combination of decreased demand and increased inventory will bring a slight increase in Expected Market Time. In looking at these trends, buyers may conclude that the market will slow down enought to line up in their favor. That will not be the case Negotiations will continue to favor seller, yet the unbelievable housing pace will slow. Homes will still procure plent of traffic, multipile offers and sales prices above their asking prices. The following summary applies to all of San Diego County. For details relating to a particular neighborhood, please email to request area specific reports. jillmiranda@jillmiranda.com
Advantages of Owning Your Home Instead of Renting
Buying a home can offer several advantages compared to renting. Homeownership is a powerful wealth building tool. Here are some reasons why buying a home is generally considered to be more advantageous in the long run compared to paying rent. 1. Equity and Investment: When you purchase a home, you're building equity as you pay down the mortgage. Over time, your home will appreciate in value, likely resulting in a financial gain when you decide to sell or providing an asset that can be leveraged for other wealth-building activities.In contrast, renting won't provide owership or investment benefits. 2. Stability and Control: Owning a home gives you more stability and control over your living situation. You don't have to worry about the landlord selling the property or raising the rent. Rents in San Diego consistently increase year after year. A fixed mortgage payment offers predictablity. You have more control over your living situation and establish roots in a community. 3. Tax Benefits: Homeowners can typically deduct mortgage interest and property taxes from their income taxes, potentially reducing overall tax liability and increasing take home income. These deductions make hoimw ownership more financially advantageous. 4. Freedom and Personalization: Homeownership offers the freedom to make changes and renovations to customize your property. You can personalize your living space by painting, changing flooring, landscaping and more to create a home that suits your preferences and lifestyle. 5. Long-term Cost Savings: In some cases renting more seem more affordable in the short term, but owning a home can be more cost effective over the long-run. As you continue paying your mortgage, your monthly payments remaing stable. Each month you are paying down your mortgage, creating more equity and effectively increasing your wealth. 6. Potential Rental Income: If you own a property with additional space such as a basement, extra bedroom or separate unit you can rent it out to generate additional income. This additional income stream can help with mortgage costs and other expenses to contribute to your financial well being. It is important to note that the decision to buy or rent a home depends on various factors, including financial stability, the local rental and housing market and future plans. It's important to consult with a Realtor and mortgage broker and potentially a tax advisor to make an informed decision.
