New Real Estates Laws for San Diego – 2022

There are new laws governing real estate — from emotional support animals to appraisal discrimination — that took effect at the start of this month and could make a big difference for renters and housing in general.

When an appraiser comes to a house to figure out its worth, there are a lot of things to consider — but skin color is not supposed to be one of them.

This new law is aimed at stopping discrimination over race, or bias, among appraisers. One highly publicized case in the San Francisco Bay Area has a Black family suing an appraiser after they felt they were given a lower appraisal value. Their evidence? They asked a White friend to pretend to be the homeowner for a second appraisal and saw their home’s value increase by more than $500,000.

Home Owner Association emails:

If it seems like you get a lot of mail from your homeowner association, you probably aren’t alone.

This state senate bill requires an HOA to send materials by email if that is preferred by an individual member. They can still get everything by snail mail if they want, and if you don’t tell your HOA, the default will stay snail mail.

read more at: https://www.sandiegouniontribune.com/business/story/2022-01-14/new-real-estate-laws-affect-san-diego-renters-landlords-and-homeowners

San Diego – Gains in Area Home Prices Decelerating

San Diego continued to slide down in rankings of the nation’s hottest real estate markets in October.

The S&P CoreLogic Case-Shiller Indices reported Tuesday that San Diego metro saw a 24.2 percent home price gain in a year, making it the sixth fastest-growing market in 20-city index. San Diego had been in the top two markets in the closely watched index for most of 2021.

Nationwide prices showed signs of finally cooling after record-setting pandemic gains, so San Diego metro (which includes all of San Diego County) was not alone in showing a slight deceleration. U.S. average home prices are still up 19.1 percent in a year.

read more at: https://www.sandiegouniontribune.com/business/story/2021-12-28/compared-to-the-rest-of-the-nation-san-diego-home-prices-gains-decelerate

San Diego – Sewer rates increase 17% this Saturday for SFR

San Diego sewer customers living in single-family homes should prepare for some sticker shock when their rates spike 17 percent this week — and 31 percent over the next four years.

The sharp increases are the result of a comprehensive study that showed single-family sewer customers haven’t been paying enough while other customers — businesses, apartments and condos — have been paying too much.

Rates for businesses will drop by 5 percent when the new year begins Saturday, while rates for condos and apartments will drop 12.1 percent.

read more at: https://www.sandiegouniontribune.com/news/politics/story/2021-12-28/sewer-rates-spike-17-percent-saturday-for-single-family-customers-in-san-diego