The key 30-year mortgage rate broke through the 5 percent threshold earlier this month, faster than most analysts expected.  Rates haven’t crossed that watershed mark for seven years, but what that means for the housing market is more of the same, according to analysts.

Homes sales will stay in a holding pattern – hurt by higher rates but also helped by the strong economy.

“The higher rates will ensure that home sales will go sideways and house-price growth will slow into the low single digits as homebuyers adjust to the higher rate,” said Mark Zandi, chief economist for Moody’s Analytics.  The higher rates will affect would-be home shoppers in high-cost cities the most, particularly out West, Zandi said, but looser credit standards and the strong job market should ease the blow on the market as rates move even higher.

“I expect fixed mortgage rates to rise to a peak of 5.5 percent over the next 12 to 18 months,” Zandi told Scotsman Guide News.

The Mortgage Bankers Association reported this week that 30-year fixed rates with conforming balances averaged 5.05 percent, going over 5 percent for the first time since 2011.

“We didn’t expect to hit 5 percent until maybe later in the year,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting.  “So, we got an upside surprise on rates.”

Kan said MBA’s forecast hasn’t changed, though.  The strong economy and low unemployment with wages rising by close to 3 percent will keep homebuyers in the market.

Crossing the 5 percent line will weigh on consumers’ minds, however.

“It is like the stock market, right?” Kan said.  “When you hit certain points, there is definitely sort of a reaction to that.  When we were talking about the 4 percent mortgage rate, there was a lot of buzz around that in the refi world.”

Kan said homebuyers will likely accept the higher mortgage cost, or look at less expensive houses.  “(At) 5 percent, yes, it is going to be another psychological mark, but historically what we have seen is that people looking for homes tend to already have made that decision (to buy),” Kan said.  “Most people don’t change their minds based on a change in rates.”

Higher rates have already slowed the pace of home-price growth.  If the rates remain at around 5 percent, the prices could fall in some California markets, said George Ratiu, the director of quantitative and commercial research for the National Association of Realtors.  Ratiu said it is becoming a matter of simple math in some markets.  A half percentage point increases in rates in high-cost cities adds a hefty increase to the mortgage payment.  Buyers on the margins may not be able to afford that anymore.  The listed prices eventually must come down.

“It is pretty clear that the current rates are likely to push out many buyers in the market, particularly first-time buyers,” Ratiu said.  “Either prices have to come down or incomes have to go noticeably higher to compensate for that.”

San Francisco, Ratiu noted, would be one market where prices could flatten or decline.  A person earning the U.S. median wage can buy less than 1 percent of the homes on the market in that city now.

“You have to get into the $200,000 (earnings range) to get anywhere near half the available listings,” Ratiu said.  “When you compare that to a place like Dayton, Ohio, for example, the $50,000 (earnings) mark gets you access to roughly 50 percent of the available listings.  It tells you the picture is much more severe in California.”

“Autumn  Chill’?

By PHILLIP MOLNAR  San Diego Union Tribune                                                                                                                                                                  September 26, 2018

Existing home prices in July for the San Diego metropolitan area increased 6.2 percent in a year, it’s slowest pace since January 2017, according to the S&P CoreLogic Case-Shiller Indices released Tuesday.

San Diego’s price increases were the second-slowest in the West, only ahead of Portland, said the index, which studies the metropolitan areas of 20 major cities.  The San Diego region still slightly outpaced the national average of 6 percent.

The indices evaluate home prices by more than just price, tracking repeat sales of identical single-family houses as they turn over through the years.  It is a favorite of economists, who use it to get a more complete view of the market instead of just the median home price.

Price increases have slowed throughout much of the nation, with experts citing a variety of reasons:  A gain in the number of homes for sale, rising mortgage interest rates and rent growth slowing, which may limit some pressure to buy.

“A slight autumn chill has fallen over the housing market, and after an incredibly hot past few years, it’s probably fair to say the cool-down is a welcome development for many would-be home buyers,” Zillow senior economist Aaron Terrazas wrote.

Las Vegas led yearly price increases at 13.7 percent, followed by Seattle at 12.1 percent and San Francisco at 10.8 percent.

David Blitzer, managing director of the index, wrote in a report that 15 of the 20 cities studied saw smaller monthly increases than the same time last year including San Diego) Sales of existing single-family homes are down, he wrote, but residential building permits were up.

“Rising home prices are beginning to catch up with housing,” he said.

Following national trends, San Diego has seen more homes available for purchase over the last few months.  In July, there were 7,021 listings, up from 5,828 in July 2017 and 6,571 in July 2016, according to the Greater San Diego Association of Realtors.

Mark Goldman, real estate lecturer at San Diego State University, said the local market was strongly affected by increasing interest rates, more so than other parts of the nation, because of higher prices in California.

“Even if the house stayed the same price,” he said, “the house got more expensive because interest rates are higher.”

The interest rate for a 30-year, fixed-rate loan was 4.72 percent at the end of July, Mortgage News Daily reported, up from 4.1 at the start of the year.  The median home price for a single-family resale home was $630,000 in July, which meant the monthly mortgage payment (assuming 20 percent down) went from $3,044 at the start of the year to $3,275 by July.

Despite the recent slowdown in price gains, local business leaders and the San Diego Regional Chamber of Commerce are still worried about the ability of workers to own homes.

“Although indicators are suggesting that prices are no longer consistently increasing at the same outrageous pace, home ownership is still out of reach for too many San Diego families,” wrote Sean Karafin, the chamber’s vice president of economic research.

While all cities in the index increased in prices, the slowest yearly increases were in Chicago at 3 percent and Washington, D.C., at 2.7 percent.

Dia de los Muertos Guest Chef Dinner   Nov. 1
This year were inviting 8 guest chefs to join our own chef de cuisine Christine Rivera in the kitchen. We have an epic night of food and celebration planned.
Time/Place: 6-10pm / Galaxy Taco, La Jolla


Escondido Da de los Muertos Festival   Nov. 1
Guests are invited to create altars to remember and honor their loved ones in a special area outside of the Centers museum; the event also features live music, traditional Mexican fare, sugar skull decorating, and more.
Time/Place: 5-9pm / California Center for the Arts, Escondido
Contact: 800-988-4253 /

Californias American  Indian & Indigenous Film Festival   Nov. 1-3
Will highlight current films from American Indian filmmakers, producers, directors, and actors.
Time/Place: CSU San Marcos & Pechanga Resort & Casino


Chula Vista Veterans Parade   Nov. 2
A ceremony recognizing veterans and military families will immediately follow.
Time/Place: 8-11:30am / Magdalena Avenue to Santa Venetia Street – Veterans Elementary School

Old Town San Diegos Dia de los Muertos   Nov. 2-4
The spirits of loved ones who have died return to earth to celebrate with friends and family, during this happy, festive and very artistic time. Arts & crafts, music and food.
Time/Place: Old Town San Diego State Historic Park

Fall Home Decorating/Remodeling Show   Nov. 2-4
Hundreds of exhibitors for all of your home Improvement needs from decorating/remodeling, home additions and landscaping.
Time/Place: Fri & Sun 10am-5pm, Sat 10am-6pm / Del Mar Fairgrounds
Contact: 800-999-5400 /

San Diego Beer Week   Nov. 2-11
A 10-day celebration, promoting more than 130 independent craft breweries in San Diego County. Join the San Diego Brewers Guild and more than 60 independent breweries for 2018 Guild Fest, taking place at Embarcadero South in Downtown San Diego on November 3.
Contact: 858-581-7368 /

Escondido Tamale Festival   Nov. 3
A celebration of all the great Latin foods that have become iconic staples of Californias culture. Best Tamale Contests. Grande Stage featuring Mariachis, Folklorico, Aztec, Latin Dance Performances. Activities for the kids.
Time/Place: 11am-5pm / Grape Day Park
Contact: 760-839-4777 /
Kids Care Fest   Nov. 3
This community-oriented event is open to the public and features free health screenings for children and their families.
Time/Place: 9am-1pm / Lemon Grove Recreation Center
Contact: 619-825-5050 /

Bike the Coast   Nov. 3
Experience riding on the Southern California coast with 100, 50 or 25 mile routes on Highway 101. Everything starts and finishes at the Oceanside Pier with food, music, expo, shopping and fun!
Time/Place: 8am / Oceanside Pier

6K Veteran Walk/Run   Nov. 3
All proceeds benefit the Veterans Home in Chula Vista.
Time/Place: 8:30am-1pm / Chula Vista Veterans Home: 700 E Naples Court
Contact: 619-392-6333 /

Trout Opening Weekend   Nov. 3-4
2,500 pounds of Rainbow Trout with large fish up to 12 pounds will be stocked for this upcoming event!
Time/Place: 6am-5pm / Santee Lakes Recreation Preserve
Contact: 619-258-4785 /

Carrera de los Muertos San Diego   Nov. 4
You will experience a great sense of community through a little exercise, music, dance, face painting and a lot of fun.
Time/Place: 6:45am / Embarcadero Park South

Carlsbad Fall Village Faire   Nov. 4
Take in the beauty of our seaside city while browsing through unique booths, indulging in delectable eats and enjoying family entertainment at the largest one-day street faire in the nation.
Time/Place: 8am-4pm / Grand Avenue


Fallback Festival   Nov. 4
A Childrens Historic Street Faire. Travel back in time to enjoy our old west town! Pan for gold, saddle up on pony rides, and enjoy live entertainment.
Time/Place: 11am-4pm / Gaslamp Quarter


Coronado Island Film Festival   Nov. 9-12
Parties, panels, exhibits, workshops, celebrities, live performances, new films, filmmakers, interesting venues, awards, tributes, blooming gardens, beach walks, sunsets, shops and restaurants for every taste, along with a wide variety of films by filmmakers from every level of the craft, from emerging student to seasoned pro.

Ride the Point Memorial Charity Bicycle Ride   Nov. 10
Ride the Hidden, Unridden, and Forbidden Point Loma in San Diego, CA on EXCLUSIVE routes open once a year!
Time/Place: 6am-12pm / Liberty Station

San Diego Veterans Day Parade   Nov. 10
See over 4,000 Veterans, Active Military, Bands, Floats and Civic Groups celebrate Veterans Day.
Time/Place: 11am-1pm / San Diego Embarcadero


Silver Strand Half Marathon, 10 Miler & Veterans Day 5K   Nov. 11
Run along the Silver Strand, from Coronado to Imperial Beach! Enjoy the post race Beach Party and Beer Garden.
Time/Place: 7-11:30am / Sunset Park, Coronado
Contact: 858-268-1250 /

Tribute to Veterans Showcase Concert   Nov. 11
This special performance will include patriotic repertoire as well as classical selections.
Time/Place: 1pm & 6pm / California Center for the Arts, Escondido
Contact: 619-233-3232 /

UH Arts Open/Taste of University Heights   Nov. 11
Stroll through the quaint neighborhood sampling delicacies from University Heights diverse restaurants and enjoy a free self-guided tour of the arts.
Time/Place: 11am-4pm / University Heights, San Diego


Fallbrook Veterans Day Parade & Celebration Ceremony   Nov. 11
Marine Corps Mounted Color Guard, military vehicles, Fallbrook HS Marching Band, Boy and Girl Scout Troops, Fallbrook HS Marine Corps JROTC, Naval Sea Cadets Gunfighters Squadron and more! Ceremony in Village Square and free lunch at VFW post 1175 S Old Stage Rd.
Time/Place: 10am-1pm / Main Avenue
Contact: 760-728-8784 /

San Diego Bay Wine & Food Festival   Nov. 11-18
Featuring dozens of events, hundreds of domestic and international wineries, the celebration of craft beer and spirits, local culinary legends and nationally recognized celebrities, and a Grand Tasting Finale on the stunning Embarcadero.

Breast Cancer Cheering Station   Nov. 16
We will have a water, music and cheer station to root on the walkers, who will start their journeys at the Del Mar Fairgrounds and receive a huge show of support as they enter the Del Mar Village – the first city on their journey!
Time/Place: 7:30-9:30am / Del Mar Village
Contact: 858-735-3650 /

Tree Lighting and Santas Arrival   Nov. 16
Entertainment provided by local choir and dance groups throughoutt the evening. This free event is open to the whole family and a great way to kick off the holiday season.
Time/Place: 6:30-8pm / Carlsbad Premium Outlets
Contact: 760-804-9045 /
Victorian Country Christmas   Nov. 16-18
Support veterans and children in our local area! We will be kicking off the annual Toys for Tots drive so be sure to bring an unwrapped toy to help out! Crafts, high tea, silent auction and more!
Time/Place: 9am-4pm / Chula Vista Elks Lodge
Contact: 619-240-0098 /

Del Mar Antique Show   Nov. 16-18
One of the largest indoor shows in California, regularly averaging 100+ exhibitors from all over the United States.
Time/Place: Fri & Sat 11am-7pm, Sun 11am-5pm / Del Mar Fairgrounds
Contact: 727-423-0187 /

Susan G. Komen San Diego 3-Day   Nov. 16-18
A 60-mile walk for women and men who are ready to end breast cancer forever.
Time/Place: 6:30am-5:30pm / Del Mar Fairgrounds
Contact: 800-996-3DAY /

Star of India Companion Sail   Nov. 17-18
Five years have elapsed since the last time Star of India sailed, so the opportunity to join her under sail this November makes this an a more unique experience!
Time/Place: Maritime Museum of San Diego
Contact: 619-234-9153 x111 /

Encinitas Holiday Street Fair   Nov. 18
450+ booths, dozens of unique downtown retailers, music of popular local bands and Kidz Zone.
Time/Place: 9am-4pm / Coast Highway 101
Contact: 760-943-1950 /

Mother Goose Parade   Nov. 18
San Diegos East Countys annual holiday kick-off celebration featuring whimsical floats, clowns, bands and equestrians.
Time/Place: 1-3pm / El Cajon Blvd & W Main St
Contact: 619-333-0771 /

San Diego Jazz Fest and Swing Extravaganza   Nov. 21-25
A variety of traditional jazz music, from ragtime to hot jazz to swing to rockabilly. Jazz bands and musicians from across the U.S. will perform.
Time/Place: Town and Country Resort & Convention Center
Contact: 619-297-5277 /

Father Joes Villages Thanksgiving Day 5K Run & Walk   Nov. 22
Generates awareness and funds to help support Father Joes Villages efforts to provide and serve close to 1 Million Meals each year!
Time/Place: 7:30-10:30am / Spreckels Organ Pavilion, Balboa Park
Oside Turkey Trot   Nov. 22
Pacific Marine Credit Union Oside Turkey Trot 10k Run, 5K Run/Walk and Senior 1 Mile. Event offers a costume contest, largest teams competition, fabulous live entertainment on the course and finisher medals for all participants.
Time/Place: 6:45-11:30am / Oceanside Civic Center
Contact: 760-434-5255 /

Waddle and Trot 5K and Kids Fun Run   Nov. 22
All proceeds benefit Santee Santa’s, Santee Lakes Foundation and Santee Food Bank. All participants receive a T-shirt and an online finisher certificate.
Time/Place: 6-11am / Santee Lakes Recreation Preserve

Thank You Run 5K/10K and Kids Run   Nov. 22
Lets have another fantastic Thanksgiving morning with our family and friends while we raise funds for Helens Closet and San Diegans suffering with ALS.
Time/Place: 7-10am / 4S Ranch Community Park
Contact: 858-449-1101 /

San Diego Run for the Hungry 5K & 10K   Nov. 22
All profits from this race are donated to the Jacobs & Cushman San Diego Food Bank.
Time/Place: 7-10am / Westfield Horton Plaza Mall

Fallbrook Thanksgiving Day Turkey Trot   Nov. 22
Our goal is to raise funds for the Fallbrook Land Conservancy, Fallbrook Animal Sanctuary and the Fallbrook Community(s).
Time/Place: 8-10:30am / Grand Tradition Estate & Gardens
Contact: 760-468-0322 /

SD South Bay Turkey Trot & Food Drive   Nov. 22
Run or walk San Diegos only Turkey Trot that has 3 distances to choose from: 15k (9.3 miles), 10k (6.2 miles), 5k (3.1 miles).
Time/Place: 8-10:30am / Rohr Park, Bonita


Coronado 5K Turkey Trot   Nov. 22
Move Your Feet Before The Feast and support mental health initiatives at Rady Childrens.
Time/Place: 8-11am / Tidelands Park


Julian Country Christmas & Tree Lighting   Nov. 24
Julian kicks off the holiday season with the annual lighting of the towns huge living Christmas tree, presented by the Julian Merchants Association. Meet Santa!
Time/Place: 2-7pm / Pioneer Park
Contact: 760-765-1857 /

Oktoberfest in El Cajon   Sept. 28-30 & Oct. 5-7

German culture, including entertainment provided by our popular band Guggenbach-Buam. Enjoy folk dances, games, and contests, vendor booths and craft stands, and let your youngsters go crazy in the Kids’ Zone!

Time/Place: 1017 South Mollison Avenue

Contact: 619-442-6637 /

Gaslight Steampunk Expo   Oct. 5-7

A weekend of interactive maker workshops, special presentations, vendors, tea pot racing, tea dueling, fashion shows, games, music, movies and more.

Time/Place: Town & Country Resort Hotel

Trolley Dances   Oct. 5-7

Hop on and off the trolley on a guided tour to see 6 dances created in unique public spaces.

Time/Place: 10am-3pm / Hazard Center Trolley Station – Starting Point

Contact: 619-225-1803 /

Pacific BeachFest   Oct. 6

Fish taco contest, surf competition, beach volleyball, craft beer, kids activities and music!

Time/Place: 8am-7pm / Pacific Beach Boardwalk

Contact: 858-273-3303 /

Carlsbad Oktoberfest   Oct. 6

The Carlsbad Rotary Oktoberfest, a fall tradition, will bring thousands of people to enjoy German food (and beer!), live music, and entertainment for children.

Time/Place: 12-10pm / Holiday Park

Good Food Community Fair   Oct. 6

Culinary demos, family-friendly activities, expert panel discussions, garden activities, and of course…food!

Time/Place: 11am-4pm / World Beat Center, San Diego


Solo Italiano – Dinner in Rosso   Oct. 6

A one-of-a-kind curated dining experience featuring flowing Italian food all evening, sips of Italian beverages, live entertainment, an Italian fashion show, an exotic car show, Gesso Italiano (Italian Chalk) and interactive performances.

Time/Place: 5-10pm / Piazza della Famiglia, Little Italy

Contact: 619-233-3898 /

La Jolla Art & Wine Festival   Oct. 6-7

Combines the best parts of the chic coastal town of La Jolla for a weekend of fine art, delectable wines, craft beers, scrumptious food, and live music.

Time/Place: 10am-6pm / Girard Avenue & Prospect Street

Contact: 858-228-6542 /

Maker Faire San Diego   Oct. 6-7

A celebration of technology, arts, crafts, science, many more projects and the Do-It-Yourself (DIY) mindset. Over 250 local and regional makers display their creations.

Time/Place: 10am-6pm / Balboa Park

Taste of Rancho Santa Fe   Oct. 7

Over 500 guests will enjoy an incredible feast from more than 40 vendors featuring Rancho Santa Fe’s and beyond most celebrated restaurants, Napa Valley and Sonoma wineries, breweries and other beverage vendors!

Time/Place: 4-7pm / The Inn at Rancho Santa Fe

Contact: 858-756-1131 /

A Taste of Coronado   Oct. 10

Take a culinary trip around the world sampling from our local bistros. Meander along Orange Avenue or take a ride on the complimentary trolley.

Time/Place: 5-9pm / Orange Avenue

Contact: 619-437-8788 /

Taste of Mission Hills   Oct. 10

25 participating purveyors of delicious tastes, including long established and very new arrivals in Mission Hills are participating. Included in the price of each ticket is Old Town Trolley guest transportation to within steps of each participating venue.

Time/Place: 5-9pm / See website for list of participating restaurants.

Contact: 619-559-9502 /

San Diego International Film Festival   Oct. 10-14

A totally unique film experience; including world premieres, never before seen studio releases, the best in independent filmmaking and a full schedule of glamorous parties and intimate events with filmmakers.

Contact: 619-818-2221 /

Ocean Beach Oktoberfest   Oct. 12-13

Eclectic, beachside festival with a variety of exciting activities, contests and entertainment. Beer garden and live music.

Time/Place: Fri 3-11pm, Sat 11am-11pm / Ocean Beach Pier


Fashion Week San Diego   Oct. 12-14

We are bringing new designers from around the world to show their never seen before collections on the FWSD Runway.

Time/Place: LUX Art Institute, Encinitas

Contact: 858-270-9466 /

Polish Festival   Oct. 12-14

A wonderful cultural celebration in Pacific Beach all about Polish culture, traditions and cuisine.

Time/Place: St. Maximilian Kolbe Polish Roman Catholic Mission

Contact: 858-272-7655 /

Carmel Valley Trail 5K, 10K and 15K   Oct. 13

Participants, regardless of distance, will experience one of the hillier courses you will find without heading to the mountains.

Time/Place: 6-10:30am / Torrey Highlands Community Park


Row for the Cure   Oct. 13

Grab your oars and paddles to row your way through a 4.5 kilometer course through Mission Bay. All entry fees and donations benefit Susan G. Komen San Diego.

Time/Place: 7am-12pm / North Ski Beach, Mission Bay

Contact: 858-573-2760 /

Ladies at the Lake Fall Market   Oct. 13

There will be a variety of vendors with uniquely selected items. HUGE raffle, Food, Spa Services and More!

Time/Place: 9am-2pm / Santee Lakes Recreation Preserve

Contact: 619-258-4759 /

Taste of North Park   Oct. 13

Enjoy 50+ food tastes from some of San Diego’s best restaurants and craft beer samples from 15 local brewers.

Time/Place: 11am-3pm / University Ave & 30th St

Contact: 619-294-2501 /

Latin American Art Fair   Oct. 13-14

Outdoor exhibits, painting, sculpture, photography and printmaking as well as folk art, crafts, performance and culinary arts of Latin American countries.

Time/Place: 11am-6pm / Bread & Salt, San Diego

Contact: 619-752-6118 /

HauntFest on Main   Oct. 19

A pumpkin patch, costume contest, kidz zone, rides, car show, entertainment and more!

Time/Place: 5-10pm / Downtown El Cajon

Borrego Days Desert Festival   Oct. 19-21

Inspiring art, entertainment, delicious food and drink, and so much more! Borrego Days Parade at 10am on Friday.

Time/Place: Christmas Circle Community Park

Contact: 760-767-5555 /

Ye Scallywag! Festival   Oct. 20

Music, food and craft beer festival. Live music throughout the day featuring Rancid, Mighty Mighty Bosstones, Hepcat, Less Than Jake, and The Interrupters.

Time/Place: 12-9pm / Waterfront Park, San Diego

Monster Dash and Bash   Oct. 20

Beer garden, food trucks, costume contest, silent auction and medal ceremony.

Time/Place: 7-11am / Palomar College, San Marcos

Contact: 760-744-1150 x2732 /

La Vista Memorial Park and Mortuary Dia de los Muertos   Oct. 20

World renown programs of music, folk dancing, entertainment, food and hand-crafted items.

Time/Place: 2-10pm / 3191 Orange Street, National City


Bulls of Sant’Agata Charge Little Italy   Oct. 20

40 classic and rare “Italian bulls,” better known as Lamborghinis. An evening with souped up rides and musical entertainment for the whole family to enjoy.

Time/Place: 6-11pm / India St & W Fir St

Contact: 619-233-3898 /

San Diego Kids Expo & Fair   Oct. 20-21

Expect to see 150 local and national companies that have products and services catered to kids and families. The inflatable Playland is the place for them, filled with lots of jumpies, mini Xorbing Balls and an obstacle course!

Time/Place: 10am-5pm / Del Mar Fairgrounds

Contact: 619-269-9441 /

Escondido Grand Avenue Festival   Oct. 21

Live entertainment, over 400 vendors, children’s rides and activities, and food from around the world.

Time/Place: 9am-5pm / Grand between Center City & Ivy

Contact: 760-839-4880 /

YMCA of San Diego County Tour de Cove   Oct. 21

Join Challenged Athletes Foundation at beautiful La Jolla Cove for a fun and sweat-drenching 4.5 hour stationary cycling marathon with 100 riders and over 50 challenged athletes.

Time/Place: 9am-1:30pm / Ellen Browning Scripps Park

Contact: 858-866-0959 /

Craft Classic Half Marathon & 5K   Oct. 21

a unique San Diego course with sweeping views, challenging hills and a delicious craft beer reward at the finish line at Green Flash Brewing Co.

Time/Place: 6:30am-12pm / 6550 Mira Mesa Blvd.


Fleet Week San Diego   Oct. 22-28

Honors and celebrates the men and women of the military through events that entertain and alliances that thank and support these heroes.

Contact: 619-858-1545 /

American Rose Society National Convention   Oct. 25-29

“Fiesta of Roses” Special events featured at the Convention will be a Reception, Rose Show, Bus Tour to Rose Gardens, Special Guests, Educational Lectures, Auction, Awards Banquet, plus District Meetings & Breakfast.

Time/Place: Crowne Plaza Hotel & Convention Center

Contact: 619-222-3376 /

Trick-or-Treat on India Street   Oct. 26

This fun and safe Halloween event makes it possible for urban families to enjoy authentic trick-or-treating fun as Little Italy businesses along historic India Street open their doors to give out candy and Halloween treats.

Time/Place: 5:30-7:30pm / Little Italy

Contact: 619-233-3898 /

San Diego Monster Bash   Oct. 27

Six blocks in the East Village will transform right before your eyes as the WCKD Village comes to life.

Time/Place: 6pm-Midnight / Gaslamp Quarter

San Diego Pet Con   Oct. 27

Four-legged friends can receive “spa treatments” from local groomers, sample delicious treats and try on the latest in furry fashions; their humans will enjoy interacting with top trainers and learning pet-care tips from animal welfare organizations.

Time/Place: 10am-6pm / De Mar Fairgrounds

Contact: 800-977-3609 /

Encinitas Dia de los Muertos   Oct. 27

Celebrate life with live performances, art-making workshops, a student art exhibit, artist demos, food trucks and more.

Time/Place: 10am-5pm / Encinitas Community Center

Contact: 760-298-1708 /

North Park Day of the Dead Festival   Oct. 27

Mexican-themed artisanal crafter purveyors from throughout the US, popular food trucks with a regional foodie-following, and a select choice of beer, mezcal, and tequila vendors in our spirit cantina.
Time/Place: 11am-5pm / Ray Street, San Diego


Balboa Park Halloween Family Day   Oct. 27

Over two dozen participating museums and cultural attractions present free crafts for kids, costume parades and contests, and tons of spooky surprises.

Time/Place: 11am-4pm / Balboa Park

Contact: 619-239-0512 /

Oceanside Dia de los Muertos   Oct. 28

Free family-friendly event with entertainment, carnival rides, altar displays and a classic car show!

Time/Place: 10am-4pm / Mission San Luis Rey

Contact: 760-757-3651 /

Trick or Trot 5K and 1 Mile Fun Run   Oct. 28

Costumes encouraged! Pumpkin decorating and a Pumpkin sprint are also part of the fun activities.

Time/Place: 8-11:30am / Morley Field, San Diego


Fallbrook Harvest Faire   Oct. 28

An autumn themed faire of handmade crafts, local foods & treats, petting zoo, pony rides, pumpkin contests, pie baking contests and scarecrows on display.

Time/Place: 9am-4pm / Main Avenue

Contact: 760-728-5845 /

Del Mar Racing Season   Through Sept. 3
The Del Mar Racetrack is a world-class Thoroughbred racing destination welcoming the industry’s top athletes and California’s most spirited partygoers.
Time/Place: Del Mar Thoroughbred Club: 2260 Jimmy Durante Blvd.
Contact: 858-755-1141 /

Barona Powwow   Aug. 31-Sept. 2
Join the Barona Band of Mission Indians for a weekend of contest dancing, camping, drums and cultural immersion.
Time/Place: Fri 6-11pm, Sat 7 Sun 1-11pm / Barona Sports Park, Lakeside
Contact: 619-443-6612 x120 /

US Sand Sculpting Challenge and Dimensional Art Expo   Aug. 31-Sept. 3
Patrons will see and be able to buy over 1,000 one-of-a-kind works of art and enjoy live entertainment from bands. Picnic on the Bay with food and drink from over a dozen gourmet food trucks and a wine and beer garden.
Time/Place: Broadway Pier and Landing: 1000 North Harbor Drive
Contact: 619-980-6651 /

Julian Grape Stomp Festa   Sept. 1
With ten local wineries offering sips to sample, a wide variety of food and shopping opportunities, great Italian music provided by Roman Holiday, Bocce Ball Court, a little extemporaneous dancing here and there, this will be a party to remember!
Time/Place: 11am-6pm / Menghini Winery

Labor Day Stickball Tournament   Sept. 1-3
Honoring long-standing traditions, paying tribute to this East Coast sporting pastime and having a fun!
Time/Place: 8am-5pm / Little Italy

Big SoCal Euro   Sept. 2
Features more than 3,000 European cars from throughout the region. Bring your family to meet other car enthusiasts and enjoy raffles, drag racing, great food, automotive vendors, swap meet, afterparty and more.
Time/Place: 12-6pm / SDCCU Stadium

Taste of Del Mar   Sept. 6
Explore 20+ culinary creations from local and award-winning restaurants, experience 10+ craft beer and wine “Sip Stops,” and enjoy live music.
Time/Place: 5:30-8:30pm / Downtown Del Mar Village
Contact: 858-735-3650 /

Play on the Bay   Sept. 7
Enjoy spectacular food, drinks, live music, a silent auction and more in an unforgettable evening on the bay.  Proceeds benefit, a non-profit assisting public school teachers with the supplies and equipment they need for their classrooms.
Time/Place: 6-9pm / Loews Coronado Bay Resort

Beach Polo Cup   Sept. 7-9
Polo matches, a lavish VIP tent, stylish informal fashion modeling, boutiques selling everything from jewelry to designer clothing to yachts, the Porsche Million Dollar Road Rally and much more.
Time/Place: Hotel del Coronado

Burgers & Beers   Sept. 8
Try gourmet burgers from more than 20 of San Diego’s best restaurants as they compete to win the “Best Burger” award. Enjoy unlimited beer samples from over 40 of the best breweries San Diego has to offer.
Time/Place: 1-4pm / Golden Hill Park

KGB Sky Show   Sept. 8
Blending lighting, video and special effects to enhance the fireworks display following an exciting SDSU football game.
Time/Place: 5pm / SDCCU Stadium

Carlsbad Brewfest   Sept. 8
Craft beer with tastings from more than 34+ San Diego & national breweries, music, entertainment, games & food vendors.
Time/Place: 12-4:30pm / Holiday Park: 3400 Pio Pico Drive

San Diego Blues Festival   Sept. 8
Features 9 musical acts on two stages. Festival attendees will enjoy local craft beer, cocktails and wine along with specialty food trucks and arts and crafts vendors.
Time/Place: 12-8pm / Embarcadero Marina Park North

South Bay Pride Art & Musical Festival   Sept. 8
Fun for all with live entertainment, local art, food, drinks and more! Children’s Area includes bungee jumping, inflatables and more.
Time/Place: 12-8pm / Chula Vista Bayside Park

Cardiff Greek Festival   Sept. 8-9
Be Greek for the day and enjoy authentic food, music, live entertainment, dancing, children’s activities and more.
Time/Place: Sat 10am-10pm, Sun 11am-9pm / Sts. Constantine and Helen Greek Orthodox Church

Taste of Downtown   Sept. 13
Enjoy tantalizing tastes from more than 40 Restaurants located throughout the East Village, City Center and Gaslamp Quarter.
Time/Place: 5-9pm / Downtown San Diego
Contact: 619-234-0201 /

Sorrento Valley Beer Festival   Sept. 14
Fresh, cool craft beer, delicious food, live music, fun games, fire pits and plenty of comfortable seating.
Time/Place: 5-9pm / Party Pals: 10427 Roselle St.

America’s Finest BBQ State Championship   Sept. 14-15
Compete in a KCBS sanctioned BBQ competition, sample world class BBQ and enjoy the beer garden, all while watching the San Diego Bayfair’s World Series of Powerboat Racing.
Time/Place: Mission Bay: Crown Point Park

San Diego Bayfair   Sept. 14-16
World Series of Powerboat Racing – a family festival tradition for more than 40 years speeds to the finish line.
Time/Place: 8am-4pm / Mission Bay Park

Santee Bluegrass Festival   Sept. 15
Fine wines, a bevy of brews, tasty treats, bidding bazaar and live Bluegrass music. Annual fundraiser.
Time/Place: 5:30-9:30pm / Town Center Community Park East

Julian Music Festival   Sept. 15
Celebrate with bluegrass to celebrate the festival’s roots and Western ballads to remember the past and present.
Time/Place: 1-7pm / Menghini Winery

Old Town San Diego Fiestas Patrias   Sept. 15
Our exciting Fiestas Patrias parade kicks off the festivities that will include the Escaramuzas, traditional women equestrians. Following the parade, there will be a variety of entertainment.
Time/Place: 12-4pm / Old Town State Historic Park
Contact: 619-220-5422 /

Taste of South Park   Sept. 15
Hallmarked by an eclectic mix of restaurants, bars and pubs, coffee houses and family dining spots, chart a course for South Park and satisfy all your foodie cravings in one day!
Time/Place: 12-4pm / South Park at Fern St.

Oceanside Harbor Days   Sept. 15-16
Sun, sand, and surf including a costume party for kids 12 and under at Pirate Village; Arts, Crafts and Food booth areas; Nail ‘n’ Sail Competition; music, a beer garden and more.
Time/Place: 9am-5pm / Oceanside Harbor

Ironman 70.3 Superfrog   Sept. 16
The challenging course was designed by a group of Navy Seals stationed at the US Navy Seals center in Coronado to both prepare them for the IRONMAN World Championship in Kailua-Kona, Hawaii and to enhance their training.
Time/Place: 7-11am / Imperial Beach Pier

San Diego Quilt Show   Sept. 20-22
Enjoy hundreds of quilts on display and over 40 vendors featuring everything quilters and others, need, want and love. This year’s theme is “Wild West.”
Time/Place: Fri & Sat 10am-6pm, Sun 9am-4pm / SD Convention Center
Contact: 619-443-2706 /

Semper Tri, Devil Dog Duathlon & 7K Run   Sept. 22
Help us support quality of life programs for our Marines, Sailors & their Families by taking part in the Semper Triathlon, Devil Dog Duathlon and 7K No Beach Out of Reach Run.
Time/Place: 7am-12:30pm / Marine Corps Base Camp Pendleton

Bonitafest Performing Arts Festival   Sept. 22
Come see the South Bay’s best show choirs and stage bands, sample delicious food and take in arts and crafts.
Time/Place: 9am-4pm / Bonita Vista High School

SaltDog Classic   Sept. 22
Local bands, vendors, artists, and a full on Tiki Bar rocking this year. Supporting Rancho Coastal Humane Society.
Time/Place: 11am-6pm / Seaside State Beach, Solana Beach

San Diego Festival of Beer   Sept. 22
Enjoy the sounds of live music while sampling unlimited and exclusive craft beer tastings, food trucks, vendor booths, lively music, fun games, and more!
Time/Place: 12-5pm / Broadway Pier

Pacific Islander Festival   Sept. 22-23
Cultures and customs of Melanesia, Micronesia and Polynesia with entertainment, food, music and specialty crafts.
Time/Place: 9am-4pm / Mission Bay’s Ski Beach

San Diego Restaurant Week   Sept. 23-30
Dine deliciously at restaurants offering prix-fixe menu options throughout San Diego County.

La Mesa Oktoberfest   Sept. 28-30
Hundreds of exhibitors, family friendly activities, German food, music, dancing, games and of course beer.
Time/Place: La Mesa Village

Poway Rodeo   Sept. 28-29
Guests can watch contestants compete in events such as Bareback and Saddle Bronc Riding, Barrel Racing, Tie Down Roping, Steer Wrestling, Team Roping and Bull Riding.
Time/Place: Poway Valley Riders Association

Cabrillo Festival   Sept. 28-29
Brightly colored clothing and dramatic music and dancing bring to life the traditions of the Native American, Mexican, Portuguese and Spanish cultures.
Time/Place: 11am-4pm / Naval Base Point Loma

MCAS Miramar Air Show   Sept. 28-30
The Blue Angels, U.S. Army Golden Knights, U.S. Navy Leap Frogs, Lockheed Martin F-35B Lightning and more will fill the sky over the three days of air show.
Time/Place: Marine Corps Air Station Miramar

El Cajon Oktoberfest   Sept. 28-30 & Oct. 5-7
Folk dances, games, and contests, vendor booths and craft stands, and let your youngsters go crazy in the Kids’ Zone!
Time/Place: See website for schedule. / 1017 South Mollison Avenue
619-442-6637 /

Bayside Brew & Spirits Festival   Sept. 29
Highlights the unique culture of the National City community and celebrating music and of course beer, wine and spirits.
Time/Place: 12-5pm / Pepper Park, National City

Adams Avenue Street Fair   Sept. 29-30
Featuring 90 musical acts on six stages. Beer gardens and beer tastings, giant carnival rides, festival foods and more than 300 arts and crafts booths.
Time/Place: Sat 10am-10pm, Sun 10am-6pm / 34th and Adams Avenue, Normal Heights
Contact: 619-282-7329 /

Encinitas Oktoberfest   Sept. 30
Music, Bavarian dancers, German food and drink, and a street craft faire featuring more than 200 vendors.
Time/Place: 10am-6pm / Mountain Vista Drive & El Camino Real
Contact: 760-753-6041 /

Treasure Chest Beer + Food Fest   Sept. 30
Beer and food pairing extravaganza, will serve as a fundraiser for breast cancer charity Susan G. Komen San Diego.
Time/Place: 12-5pm / Green Flash Brewing Co., Mira Mesa

By Phillip Molnar Contact Reporter                                                                                                                                                                                            San Diego Union Tribune

San Diego was one of the least-affordable U.S. metro areas for buying a home in the second quarter, said a recently-released study from mortgage website HSH.

Potential buyers needed to make $130,986 a year to afford the median-priced single-family house.

Only two other metro areas were less affordable — San Jose and San Francisco — said the study, which crunched numbers for 50 regions across the United States.

HSH determined rankings by looking at quarterly home price data, local property taxes, homeowner insurance costs and income needed to qualify for a loan. It also assumed that prospective homebuyers made a 20 percent down payment.

The most affordable metropolitan area was Pittsburgh where the required annual salary to afford a median-priced home was $38,253. Other affordable cities for homebuyers were Cleveland ($39,253), Oklahoma City ($40,780).

Keith Gumbinger,’s vice president, said rising mortgage rates are only a small part of the difficulty for potential buyers.

“Unfortunately, even if rates don’t go up very much,” he said, “part of the issue we run into is that home prices are rising so quickly.”

San Diego has been locked at the No.3 spot since HSH expanded the study to 50 metros three years ago. Los Angeles was No.4, which usually is seen as less affordable than America’s Finest City — but Gumbinger said the larger pool of homes in Los Angeles reduced the median cost in comparison to San Diego.

HSH said the salary needed to afford a single-family home in Los Angeles was $114,907, about $16,079 less than San Diego.

The mortgage website said that the salary needed to buy a San Diego home had increased 12.1 percent in a year. So, even a substantial raise last year would not necessarily make homeownership much easier.

Part of the issue, Gumbinger said, is a lack of homes for sale across the nation.

“In many markets, there is simply such little inventory to buy,” he said. “Even if you’re well-positioned to buy a home, there might not be anything you can afford to buy or anything you can afford to buy that is desirable to buy.”

There were 6,413 homes listed for sale in June, said the Greater San Diego Association of Realtors. There were more than 12,000 homes for sale in June 2011.

HSH also looked at the possibility of putting 10 percent down for a San Diego home instead of 20 percent, but that would increase the needed salary by roughly $24,000. The reason is that monthly payments would be higher with a smaller down payment. Also, putting less than 20 percent down means the buyer needs to purchase private mortgage insurance, adding to monthly payments.

Gumbinger said the study did not look at even more low-cost options — such as, 1 percent down — because those are aimed at low-income buyers, and there isn’t much for those buyers to purchase in expensive markets.

Nationwide, the salary needed for a median-priced home was $61,522 in the second quarter, HSH said. Across all 50 markets, the median increase in existing home prices was 6.55 percent in a year. Including available tax and insurance costs, a potential buyer would need to have seen a median increase in income of 10.58 percent just to keep pace.

Lawrence Yun, chief economist for the National Association of Realtors, wrote in the study that strong economic growth, a healthy labor market and a large millennial population should be driving sales much higher.

“With not enough homes for sale, multiple bids caused prices to rise briskly and further out of the reach of some prospective buyers,” he wrote.

In June there were 3,927 home sales in the county, CoreLogic said, which is the lowest in four years. But, the median home price hit its highest in history, $575,000.

The median single-family home price, determined by the National Association of Realtors in the study, was $645,000.

Housing experts generally attribute a lack of homebuilding during the recession as one of the reasons much of the nation today faces a housing shortage. In San Diego County, 18,031 residential building permits were issued in 2003 but those dropped to less than 3,000 in 2009 during the recession. There were 9,580 residential permits issued in 2017.

By Jamie Hopkins, Forbes Contributor

When talking about real estate, you have likely heard the widely used phrase “location, location, location.” What realtors mean by this is that identical homes may have very different prices depending upon location. What this often means to home buyers is that they may have to pay more to live close to work or to be in the best school district. The right location may also mean the most potential for capital appreciation, an important consideration when the home is a long-term investment. In retirement, however, many of these considerations move to the background. In fact, retirees need a new mantra when making housing decisions, “cash flow, cash flow, cash flow.” Cash flow is king in retirement. Without it, you cannot meet your retirement income needs.

Before focusing on “cash flow,” the place to begin is with what people want since that drives spending needs. The reality is that most people want to age in place. A 2017 research article published in the Journal of Financial Planning, “The Effect of Low Reverse Mortgage Literacy on Usage of Home Equity in Retirement Income Plans,” showed that the vast majority of homeowners, roughly 83 percent, wanted to age in place in their current home for as long as possible. People feel a deep emotional attachment to their homes. This emotional aspect of homeownership cannot be ignored in retirement, but it also cannot be the only consideration. In many cases, the current home is not financially or functionally appropriate for the homeowner to live in throughout retirement.

In addition to wanting to age in place, homeowners do not want to “backtrack” in retirement from owning to renting. Only 5% of the survey respondents in the aforementioned study indicated a desire to rent if they were to move out of their home in retirement. Once an individual owns a home, most want to keep owning a home. Home ownership evokes a real sense of achievement and is still viewed as part of the “American Dream.” Even in today’s increasingly partisan world, homeownership remains a shared value across party lines. In a 2017 Zillow Housing Aspiration Report, roughly two-thirds of both Republicans and Democrats reported that owning a home is essential to living the American Dream.

Since most homeowners want to age in place and not rent, let’s take a look at why “cash flow, cash flow, cash flow” should replace “location, location, location” in choosing retirement housing. According to Chris Mayer, a Columbia University Real Estate Professor and the CEO of Longbridge Financial, “There is a lot of opportunity for older homeowners to be more strategic about their living situation and let home equity help cover their expenses in retirement. Cash flow can be improved in three ways: moving to free up cash flow, restricting debt obligations, or supplementing retirement income by tapping into home equity through a reverse mortgage.

The first housing strategy to improve cash flow is to move in order to free up equity or to reduce costs. Downsizing is probably the most common housing decision made in order to free up cash as many retirees are living in homes that are too large, too expensive, and not fit for senior living. Downsizing to a more economical home that allows for aging in place can be a viable strategy because it helps reduce ongoing costs and, at the same time, frees up home equity to support a more comfortable standard of living in retirement.

Closely related to downsizing is relocating. Relocating might mean moving to a more expensive house but in a less expensive area, perhaps even to a new state or country. When selling a house and relocating to a new area, it is important to look at the total cost associated with moving, including changes in taxes. Some states, like Pennsylvania, provide good tax incentives for seniors to relocate by not taxing pension and Social Security income, which can increase cash flow. However, a relocation decision needs to be carefully examined because it is almost impossible to reverse. If you sell your home and move to a new state, it is unlikely you will be able to repurchase your old home and move back if you don’t like the new area.

The second retiree housing cash flow factor is debt management. While freeing up cash flow and equity can be achieved through downsizing and relocating, taking strategic measures to deal with an existing mortgage can also improve a retiree’s financial situation. Every year an increasing proportion of retirees are entering retirement with a mortgage; the required mortgage payments throughout retirement put a serious strain on cash flow. These mortgage payments can cause a substantial financial burden and risk for the retiree. To address this problem, some people try to make extra payments and prepay the mortgage several years before or early in retirement. Most research shows, however, that this is not the best way to handle a mortgage and actually can be worse for a retiree than just continuing to make normal mortgage payments throughout retirement. One option is to lower monthly payments by refinancing at a lower interest rate. Another option is to embrace the mortgage and spread out the payments over a longer period of time. While getting a longer mortgage for a retiree might seem counterintuitive, it can actually improve cash flow by lowering monthly payments and, in many cases, increase the longevity of the homeowner’s retirement portfolio.

The third retiree housing cash flow strategy is to utilize a reverse mortgage in order to tap into home equity to support one’s retirement. A reverse mortgage can be used in a number of different ways to improve cash flow. One strategy for a retiree with an existing mortgage is to essentially flip the traditional forward mortgage into a reverse mortgage. Depending on an individual’s home equity, outstanding mortgage, and income sources, a reverse mortgage can be used to pay off a traditional mortgage. This can give the homeowner increased cash flow and added flexibility throughout retirement.

A reverse mortgage, while different from a traditional mortgage, is also very similar. “The one thing a reverse mortgage gives a homeowner, that they often don’t expect, is flexibility,” said Gregg Smith, President and CEO of One Reverse Mortgage. “That flexibility comes in the form of freedom from a mortgage payment – if the homeowner still has one as they enter retirement. Homeowners also have the flexibility to access their equity as it’s needed in a line of credit. This gives them the ability to access only what’s needed and allow the rest to grow. All of this can be done while staying in the home where they built a family and created memories.” Homeowners can still make premium payments on a monthly basis, however, utilizing the strategy to pay off a traditional mortgage with a reverse mortgage in retirement while maintaining the same monthly payments. In this case, the homeowner is not losing any home equity but has the ability to stop making payment at any point if cash flow becomes tight. This could be done, for example, in a month when the homeowner needs to replace the fridge, or if the stock market drops and the retiree does not want to sell investments that month.

In addition to repaying a traditional mortgage to improve cash flow, a reverse mortgage  line of credit can be used to supplement spending when or if the retiree’s investment assets suffer from a market downturn. In this way, the reverse mortgage functions similar to a cash reserve to help the retiree avoid selling off investments at a loss. Notwithstanding a large number of published academic research reports showing beneficial ways to use them, nevertheless reverse mortgages remain vastly underutilized today.

Making the most strategic housing decision is crucial for a successful retirement. Yet, too often retirees don’t think strategically about using home equity to free up cash flow and improve their financial situation. Instead, many homeowners want to age in place, relying on the old saying “location, location, location.” Instead, they should be thinking, “cash flow, cash flow, cash flow” in retirement. Strategies like reverse mortgages, downsizing, refinancing, and relocating can free up cash flow and home equity, and put the retiree in a house that is suited for successfully aging in place.

The CADO   Through Aug. 30
An immersive pop-up experience devoted to California Avocados will feature seven imaginative rooms of large-scale interactive art installations.
Time/Place: Liberty Station, South Promenade

Del Mar Racing Season   Through Sept. 3
The Del Mar Racetrack is a world-class Thoroughbred racing destination welcoming the industry’s top athletes and California’s most spirited partygoers.
Time/Place: Del Mar Thoroughbred Club: 2260 Jimmy Durante Blvd.
Contact: 858-755-1141 /

Summer Family Mural Project   Aug. 3
Join us during “Food Truck Fridays” in Balboa Park! Help paint a large mural in front of the Timken, then go inside for an art treasure hunt.
Time/Place: 5-7pm / Timken Museum of Art, Balboa Park
Contact: 619-239-5548 x109 /

Bon Odori Festival   Aug. 3-4
Enjoy a variety of merchants, family friendly activities, Japanese festival foods, a beer garden, a tea & dessert garden, and cultural performances! Each festival day will also be highlighted with traditional Bon Odori practices – “Toro Nagashi” and the “Bon” dance.
Time/Place: Fri 12-8pm, Sat 11am-9pm / Japanese Friendship Garden, Balboa Park
Contact: 619-232-2721 /

Lake Poway Family Campout   Aug. 4-5
Activities include: guided evening hikes, campfire with s’mores, and Extreme Rahim returns with his family pleasing magic/comedy show. Remember to bring your own camping equipment, dinner supplies to barbeque, and grill/charcoal. Kiwanis club will be offering a pancake breakfast.
Time/Place: 5pm-9am / Lake Poway
Contact: 858-688-4772 /

Chula Vista Lemon Festival   Aug. 5
Live entertainment, a kids’ fun zone and lemons galore. Celebrate this juicy jubilee with the community by sporting your brightest yellow outfit and enjoying lemon-infused activities including live bands, sour contests, a kid’s fun zone, a craft beer garden and hundreds of festive booths.
Time/Pl ace: 11am-5pm / 3rd Avenue: E to G Streets
Contact: 619-422-1982 /

Vista Rod Run   Aug. 5
300+ classic and specialty cars. Car owners compete for the best of the best to win one of 30 trophies. Also featured is High Energy DJ, Millionaire Beach Bums band, Specialty Auto vendors and great downtown shopping, restaurants and breweries.
Time/Place: 9am-2pm / Historic Downtown Vista

Tiki Oasis 2018 – South Seas Cinema   Aug. 8-12
The largest and longest-running tiki gathering in the world, Tiki Oasis attendees enjoy a tiki-tastic art and fashion marketplace, live tropical-jazz music, go-go dancers, a classic car show, pool parties and more.
Time/Place: Bali Hai & The Crowne Plaza Hotel

Summer Bash – Business Expo   Aug. 9
Join members of the business community and view the goods and services they provide and mix and mingle! Attend and be prepared to have fun, taste great food and the opportunity win over 46 FREE door prizes from participating business vendors!
Time/Place: 5-8pm / La Mesa Community Center
Contact: 619-465-7700 x2 /

Night Fishing   Aug. 9 & 23
Bring your lanterns, but not your radios. Permit required but no state license is needed.
Time/Place: 5-11:30pm / Santee Lakes: Lakes 1-4
Contact: 619-596-3141 /

National City Automobile Heritage Day Festival & Car Show   Aug. 11
Join us for live music, food from a variety of National City’s popular eateries, entertainment for children and specialty booths.
Time/Place: 10am-3pm / Kimball Park
Contact: 619-477-9339 /

Julian Natural Wonderfest   Aug. 11
Wildlife encounters, music, art and star party featuring the Perseid Meteor Shower. Learn about the wildlife through our animal ambassadors. Learn about the Cosmos with Telescopes and our local Astronomers. Enjoy special activities at our Exhibitor Booths. Stage events for adults and kids.
Time/Place: 3-11pm / Jess Martin Park

ArtWalk @ Liberty Station   Aug. 11-12
More than 200 international, national and local San Diego artists, showcasing every medium including painting, sculpture, glass work, fine jewelry, photography and more. Along with the art, attendees will also be able to enjoy live music, interactive art for kids and the kids at heart, street food options and a wine and beer pavilion.
Time/Place: Sat 10am-6pm, Sun 10am-5pm / 2645 Historic Decatur
Contact: 619-615-1090 /

Art in the Village   Aug. 12
Celebrating the dynamic art culture in Carlsbad Village and the surrounding areas, the event attracts thousands of residents and a diverse selection of fine artists. Live music & local dining.
Time/Place: 9am-5pm / Carlsbad Village
Contact: 760-453-7076 /

Hillcrest CityFest Street Fair   Aug. 12
Games, activities, more than 250 vendors, live headliner music, a beer garden and much more, CityFest is a celebration of spirit and play each year in San Diego.
Time/Place: Noon-11pm / 5th Ave and University Ave.
Contact: 619-299-3330 /

Cardiff Dog Days of Summer   Aug. 12
Watch or enter in 6 different dog contests. Enjoy a wide variety of music throughout the event at the Main Stage and in the Beer & Wine Oasis. A Maker’s Market row will feature quality handmade goods made by local artisans. Rescue Row by Rancho Coastal Humane Society and Pet Health Expo.
Time/Place: 11am-6pm / Encinitas Community Park
Contact: 760-436-0431 /

San Diego Int’l Mariachi Summit Gala   Aug. 17
Celebrate the beauty, passion and pageantry of Mexico. Benefitting the Mariachi Scholarship Foundation, promoting mariachi education in San Diego and awarding over $450,000 worth of college scholarships since 1996.
Time/Place: 7:30-9:30pm / San Diego Civic Theatre
Contact: 619-570-1100 /

¡Latin Food Fest!   Aug. 17-18
California’s largest most attended annual Hispanic culinary celebration includes a festival kick-off party “Mexico Mercado.”  Gran Tasting – the festivals signature event featuring 150 food, beverage, wine, beer and spirits stations, Cooking Demos, Best of Fest Chef Awards, VIP Tent, and Live Music.
Time/Place: Fri 6:30-10:30pm, Sat 11am-3pm / Embarcadero Marina Park N

Stone 22nd Anniversary Celebration & Invitational   Aug. 18
Enjoy a relaxing evening of beer, food and live music with brewers and representatives from all of your favorite breweries.
Time/Place: 1-8pm / California State University San Marcos

California Clambake   Aug. 18
With a sunset backdrop, live entertainment and interactive beach games, guests donned in white attire will cozy up on communal tables and enjoy a shellfish feast featuring menus from renowned Guest Chef Tim Hollingsworth.
Time/Place: 5:30-8pm / Hotel del Coronado
Contact: 619-522-8490 /

Chula Vista HarborFest   Aug. 18
Enjoy the endless opportunities for delicious food and drinks, art in the park, and family friendly activities that combine with perfect weather and a long list of top-notch entertainment to make for a fun-packed summer’s day to remember!
Time/Place: 10am-6pm / Bayside Park
Contact: 619-233-5008 /

World Bodysurfing Championships   Aug. 18-19
350-400 bodysurfers from around the world compete in their respective age divisions for trophies and prizes.
Time/Place: 6:30am / Oceanside Pier

Luau and Legends of Surfing Invitational   Aug. 19
Four will be paired with a surf legend for a friendly competition that draws surf legends from around the world, followed by a festive luau with musical entertainment, a tropical buffet, and live and silent auctions featuring surf-inspired artwork, unique surfboards and vacation packages. All proceeds benefit research and patient care at Moores Cancer Center at UC San Diego Health.
Time/Place: 7am / Scripps Pier, La Jolla

Carlsbad Music Festival   Aug. 24-26
The Festival programming is an eclectic mix of creative music ranging from contemporary classical, to indie rock, to world music, to electronic; plus a beer garden and food trucks steps from the beach.
Time/Place: See website for schedule. / Carlsbad Village

Imperial Avenue Street Festival   Aug. 25
The festival grooves to the sounds of live music from multiple stages. Browse the offerings of 4 blocks of local artists, crafts, and gourmet food and beverages. Columbian to Cajun, paintings to pottery, old favorites and new directions.
Time/Place: 12-9pm / Logan Heights

San Diego Spirits Festival   Aug. 25-26
The largest Cocktail Festival in San Diego provides a tremendous occasion to sample and experience the finest spirits and foods, with unique opportunities to learn how to create and pair the perfect cocktail and sample top-shelf cocktails from small-batch and big-name distillers.
Time/Place: Fri & Sat 2-6pm, Sun 2-5pm / Port Pavilion on Broadway Pier

LeucadiART Walk   Aug. 26
Local juried artists displaying original art, live music, live mural painting, Craft Beer Garden, Children’s Art Pavilion.
Time/Place: 10am-5pm / N Coast Hwy 101, Encinitas
Contact: 760-436-2320 /

Bike the Bay Community Ride   Aug. 26
Ride the bridge, Bike the Bay! Cruise around the San Diego Bay and enjoy an opportunity to pedal across the San Diego-Coronado Bay Bridge. This non-competitive community bike ride is for riders of all abilities and will take you on a scenic, and primarily flat ride, around the San Diego Bay via the Bayshore Bikeway.

Barona Powwow   Aug. 31-Sept. 2
Join the Barona Band of Mission Indians for a weekend of contest dancing in all categories, camping, drums and cultural immersion.
Time/Place: Fri 6-11pm, Sat 7 Sun 1-11pm / Barona Sports Park, Lakeside
Contact: 619-443-6612 x120 /

US Sand Sculpting Challenge and Dimensional Art Expo   Aug. 31-Sept. 3
Over 300 tons of sand dumped on the pier on San Diego’s Big Bay. Patrons will see and be able to buy over 1,000 one-of-a-kind works of art and enjoy live entertainment from bands. Picnic on the Bay with food and drink from over a dozen gourmet food trucks and a wine and beer garden.
Time/Place: Broadway Pier and Landing: 1000 North Harbor Drive
Contact: 619-980-6651 /

It’s astonishing how much financial misinformation manages to float around the Internet.

Let’s separate fact and fiction.

These are five financial myths that are totally false, and what you should know instead.

  1. Your home is an investment

Your home, first and foremost, is a place to live where you can find peace and comfort.

Yes, you can make money buying and selling real estate, but don’t expect that your home will automatically yield big profits. You can also lose money on your home.

So try to separate home buying and home investing. If you want to be a real estate investor, consider owning a rental property or invest in REITs, for example.

2. Buying is always better than renting

Not always.

It depends on several factors, including where you live. Housing and rental prices change over time, and vary by geography, so there isn’t a brightline rule. To make a fair comparison, consider the full cost of ownership, including property taxes, mortgage costs, real estate transaction fees and property maintenance, among other costs.

Also consider your short-term and long-terms goals, including if you plan to move or need more space in the coming years.

3.  Carry a credit balance to increase your credit score

No. Don’t carry a credit balance, unless you like paying interest.

If you have a credit card, pay it off in full each month. That can demonstrate a pattern of financial responsibility. Plus, you can enjoy other perks like cash back and travel rewards.

If you can’t pay off your credit card in full each month, then you shouldn’t use a credit card.

If you want to increase your credit score, focus instead on managing your credit utilization.

Lenders evaluate your credit card utilization, or the relationship between your credit limit and spending in a given month. If your credit utilization is too high, lenders consider you higher risk.

Ideally, your credit utilization show be less than 30%. If you can keep it less than 10%, even better. For example, if you have a $10,000 credit limit on your credit card, ideally you should spend less than $1,000 in a given month.

4.  You only have one credit score

You may have hundreds of credit scores, each calculated by consumer companies and banks. That said, there are three major credit bureaus that act as credit reporting agencies: Equifax, Experian and TransUnion. Each credit bureau offers a credit score.

For better or worse, your credit score is the gateway to an array of financial products such as mortgages, auto loans, personal loans, credit cards and private student loans.

FICO credit scores are among the most frequently used credit scores, and range from 350-800 (the higher, the better). A consumer with a credit score of 750 or higher is considered to have excellent credit, while a consumer with a credit score below 600 is considered to have poor credit.

5.  Student loan consolidation will lower your interest rate

If your goal is to lower your student loan interest rate, then student loan consolidation is not your best bet.

Student loan consolidation won’t lower your interest rate, but it can help you organize your federal student loans into a single student loan with a single monthly payment. With federal student loan consolidation, your resulting interest rate is equal to a weighted average of your current federal student loans, rounded up to the nearest 1/8%. So, your student loan interest rate could be higher.

In contrast, student loan refinancing can cut your student loan interest rate.

Student loan refinancing helps you combine your existing federal and private student loans into a new, single student loan with a lower interest rate and only one monthly payment. The higher your student loan balance, the higher potential to save money.

For example, let’s assume you have $100,000 of student loan debt with a 7% interest rate and a 10-year repayment term. If you refinance student loans to a 3% interest rate and 10 year repayment term, you would save $195 per month and $23,457 over the life of your student loans.

And that’s no myth.

By Zack Friedman, Contributor Forbes                                                                                                                                                                                                June 4, 2018

Report:  Wealth Gap Grows

Census data review finds average $43K between top, bottoms tiers in S.D

By Phillip Molnar,  Union Tribune May 12, 2018

If you feel left behind in San Diego’s economy, you’re not alone.

The gaps between the haves and have nots in San Diego was the ninth-highest out of 100 cities between 2011 – 2016, said a report from Bloomberg News.

The news service’s analysis of the Census Bureau data compared households in the top 20 percent to the bottom 20 percent.  San Diego had one of the biggest widening gaps – going from No. 39 on the list to No. 9.

In the five years studied, the gap between the San Diego average household income in the top 20 to the bottom 20 was $43,000.  The nationwide average gap was $31,000.

San Jose had the biggest gap at $74,000.  It was followed by San Francisco at $69,000; Bridgeport, Conn., at $59,000; and Seattle at $53,000.  The lowest gap was $3,000 in El Paso, Texas.

A wealth gap isn’t always bad, provided everyone’s wages are going up, but in San Diego the problem is that people on the lower end are being hurt by housing cost, said Wayne Winegarden, a senior  fellow at the San Francisco-based Pacific Research Institute.

He said San Diego’s dramatic increases in housing costs, at least in part fueled by its high-paying life sciences industry, means people in weaker industries may struggle to keep up.

“The cost of living is going up, reflecting what is happening in the good parts (of the economy),” he said.  “But, you h have a lot of industries that aren’t doing as well.”

Alan Berube, a senior fellow at the Brookings Institution, wrote in a February report on income inequality that even if everyone’s wages are going up, the wealth gap is a problem because low-income workers will be priced out of metro areas before wages can go up.

“At least in the short run, city and metropolitan income trends do not suggest the existence of a rising tide lifting all boats,” he wrote, “but rather separate ebbs and flows for households at different extremes of the distribution.”

According to a Federal Reserve survey released at the end of last year, the median household net worth was up 16 percent at all income levels from 2013 to 2016.  But, the top 10 percent saw their net worth go up 40 percent.

The Bloomberg analysis said the exodus of people from California is causing the wealth gap in places like Boise, Idaho, to rise.  California led all states for Idaho migration for the last three years, according to data from the Internal Revenue Service.

Bloomberg said the gap between the super rich – households in the top 5 percent – and the middle class, roughly households in the middle 20 percent, also grew in the time period studied.  In that case, San Diego also ranked No. 9 with the widest gap of the 100 cities, a difference of $91,400.