San Diego County Water Restrictions: http://www.sdcwa.org/drought-restrictions
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San Diego: Home Prices Fall from September to October
The median price for a home in San Diego County fell from September to October, but the pace of annual appreciation still ticked up.
Last month, the county median price was $440,000, down from $445,000 in September, real-estate tracker CoreLogic DataQuick reported Wednesday. Despite the drop, the pace of annual appreciation increased from 5.5 percent in September to 6.6 percent in October because home prices fell by nearly $10,000 between those two months in 2013.
The pace of annual home price appreciation has been slowing since peaking at 24.1 percent in June 2013, led largely by investor activity such as foreclosure resales. It has been in the single digits since April, with activity in the market down each month compared to the same in the prior year. Last month’s 3,308 transactions were down 5.7 percent from October 2013.
Andrew LePage, a CoreLogic DataQuick analyst, said in a statement that consumer homebuyers haven’t flooded the market since investors exhausted the supply of foreclosure properties. That’s made for a markedly slow 2014.
read more at: http://www.utsandiego.com/news/2014/nov/12/dataquick-october-homes-sold-realestate-median/
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San Diego: Plumbing Retrofit Upon Re-Sale Ordinance
San Diego Municipal Code 147.04 requires that all buildings, prior to a change in property ownership, be certified as having water-conserving plumbing fixtures in place. All residential, commercial and industrial water customers who receive water service from the City of San Diego Public Utilities Department are affected by this Ordinance.
Who is Responsible?
- The seller/transferor is responsible for ensuring that the property is in compliance, and for filing a Water Conservation Certificate with the City prior to close of escrow.
- The seller provides the $10 filing fee which must be submitted with the Certificate.
- The seller and the buyer may mutually agree to transfer the retrofit responsibility to the buyer. In that case: The seller/transferor must submit a Transfer of Responsibility to Retrofit Certificate (PDF) to the City of San Diego. The buyer/transferor has 90 calendar days to retrofit the plumbing fixtures in the property and 30 days thereafter to file a Water Conservation Certificate (along with a $10 filing fee) (PDF) signifying completion.
- Filing a Water Conservation Certificate is not required for properties that do not receive water service from the City of San Diego Public Utilities Department. Please verify with individual water districts if similar ordinances exists, (i.e., CAL AM [California American], Olivenhain, etc.).
Read more at: http://www.sandiego.gov/water/conservation/selling.shtml
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