Tag Archives: san diego

San Diego – Home sale profit isn’t high

The typical San Diego County home seller made $125,000 on the sale of their home last year, said a Zillow study released Wednesday.

But the payout, during a time of increasing prices throughout the nation, was a lower percentage than more than a dozen major metros. In general, it paid off to hold on to a home for at least eight years to get a better return.

The real estate website crunched the numbers on 33 metros and found the best return on investments for homes have been in Oakland, where homeowners saw a 78 percent return on what they originally paid, or Portland, with 64 percent earned.

San Diego County ranked No. 17 as the best return for buyers, with a 33 percent jump, behind Nashville, Mesa, Philadelphia, Phoenix and other cities.

The Zillow study said that in eight years and 11 months (typical length of stay for a San Diego owner) that a seller earned $16,000 per year on their investment when they sold in 2016.

In just dollars, not percentage gain, San Jose had the best return on investment with sellers pocketing $271,150 after nine years and 8 months of ownership.

read more at: http://www.sandiegouniontribune.com/business/real-estate/sd-fi-zillow-house-sale-20170905-story.html

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San Diego – Drought tolerant landscaping rebates

water

Get more info at: http://watersmartsd.org/outdoor-incentives

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San Diego #1 for Solar

After finishing second behind Los Angeles for three consecutive years, San Diego came in first place in the nation as the city with the most installed solar power.

Solar power increased 60 percent in San Diego in 2016, reaching 303 megawatts of installed photo-voltaic capacity, finishing 36 megawatts ahead of Los Angeles and almost 60 percent higher than Honolulu and San Jose, which finished third and fourth.

In the previous report, San Diego racked up enough installed capacity to power 47,000 homes. In the latest rankings, released Tuesday, the number grew to nearly 76,000 homes

Read more at: http://www.sandiegouniontribune.com/business/energy-green/sd-fi-solar-report-20170403-story.html