TGIF San Diego - January 23, 2026 - Eric and Deva Edelman, Realtors

Hey everybody, happy Friday. Happy Friday, folks. And thanks for joining us for TGIF San Diego, where we keep you updated on the market, share the latest San Diego buzz, and kick off the weekend together. We're back. Yes, we were sorry that we missed last week, but I caught that horrible bug that's been going around. Yes, you did. I'm doing better now, and hopefully I can make it through our show without coughing on you or, you know, anything else like that. Well, we'll see what happens. Yes, we'll see what happens. All right, we'll get started with Market Minute, where you talk about the market for one minute. Are you ready? Sure. Okay, five, six, five, six, seven, eight. Okay, this week in San Diego, real estate inventory plateaued a bit as new listings came down and pending sales came up. So sellers were wide awake in the first week of the year and then sort of relaxed, and buyers took a little longer to snap too. So we'll see how this shapes up. But right now it's looking like kind of more of the same for now, and we'll see whether or not new listings take off or pending sales pick up or whatever. Sellers again kind of relaxed this last week with price reductions being about the same as they were the week before. Median price was up from November to December, and interest rates hovering in the low sixes, which is good for buyers, good for sellers, although we'd like to see that come down just a bit more. They were a bit lower last week, but that was that seven-day average that had the one day below six in it. So we'll see what happens next, and that's what's going on. Yes, we will see what happens next. All right, let's talk about some other stuff. Let's talk about some stuff that happened in our backyard. Stuff happened in our backyard. So this week I was planting some seeds in the backyard, and a butterfly kind of just like fell out of the sky at me. A butterfly? So it came from a stick that was behind the barbecue, and it had just come out of its chrysalis. And it kind of looked confused, so I helped it out here. I'm going to fast forward a little bit. You all probably don't want to see two minutes of butterfly stuff. But anyway, I picked up the butterfly, and we hung out and walked around in the backyard looking for a good spot where it seemed like the butterfly might want to go. So this butterfly had just come out of its... Brand new butterfly. Wow. Well... We walked over to this cape... Oh, go ahead. I was going to say in years past we had had the butterfly enclosure and actually actively raised these monarchs. It just got to be so much work to keep it going. Anyway, the butterfly seemed like they liked this cape honeysuckle over here, so I put them over here. And they seemed to enjoy it. Good. Well, we hope that butterfly joins its butterfly friends and does the whole thing where they fly to wherever it is they fly to. San Juan Capistrano or... Santa Barbara maybe or Goleta or... Somewhere in there. Or I don't know, maybe go to Mexico or something. Maybe just hang around here. We'll see. Let's talk about more animal news. So there's this dog from San Diego, and the owners own a company that does whale watching. I meant to mute my... Well, it's too late now. Yeah, it's too late now. Sorry, everybody. So this dog likes to hang out in these whale watching boats and they encountered a pod of gray whales and they hung out with this dog for like 90 minutes. Wow. Now, why won't this play? You're supposed to be the tech guy. You tell me why. I'm the tech guy? Yeah. No, we're in trouble. We're... Our screen seems to be frozen. Sorry, everybody. Oh, no. Now, what's happening? Where is this video? Uh, oh, no. Here, let's go back. There we go. Let's check out this dog. I hope. It wants to play you an ad. I think that's what was the problem. Where's Art? I don't know. Did he say anything back to you? No. Maybe he's busy. He's busy doing something more interesting than hanging out with us watching dog videos. This is a really long ad. Well, it's almost over. I'm not sure what it's even for. Who knows? This dog video better be good. Yeah, better be good. All right, here we go. Check out this dog and look at the whales. That's crazy. Whales are right there. That dog is excited. That reminds me of the time that we went whale watching and everybody was looking for the whales and the whale came right up to me. I was the first one to see the whale. Yes, I remember that. I accidentally, um, I muted myself and then I forgot to unmute myself. I'm kind of blowing it today. Oh, here's Art. Hey, Art. What up, Art? Hopefully, you didn't just see all my bungling of the videos and the mics, but that's okay. We're getting back to it slowly. Yes. Art likes dogs. Did you see this dog hanging out with whales? I'm sure he did and I'm sure he really liked it. Yep, no doubt. Oh, let's talk about boats some more. So, two San Diego boats just made it to the National Register of Historic Places. I'm not sure how official that is. Oh, U.S. Department of the Interior. That sounds pretty official. Pretty official. Yes. So, they've designated the Silver Gate and the Cabrillo. Now, I'm pretty sure we've ridden on this one several times. Oh, yeah. Probably even seen, that might have been the one you saw the whales from. Could have been. Yes. Anyway, good job. We're going to say yes, it was. Good job, Silver Gate and Cabrillo for, uh, becoming historic, uh, uh, significant. What? Department of Interior's, uh, U.S. Department. Very important boat. For their maritime significance. Okay, both ferries still operating. You know, docked at the Broadway Pier, showing, uh, Cabrillo, blah, blah, blah. Silver Gate was first built to ferry passengers between San Diego and Coronado. So, that was the San Diego-Coronado ferry. Yes. And resumed ferry service in 87, after the bridge was built. Uh, okay. All right, well, thanks for stepping in. I'm operating around 80, 80% here, and I just took some cough medicine. So, sorry if I, you know, a little woozy. Okay, so there is a new cocktail bar opening, and it's owned mostly by the Padres and collaborators and other folks. That's what I hear, yes. The Diamond Lounge. Diamond Room. Cocktail Lounge. It's right outside the park. You want to say some more stuff about it? Do I? Oh, you're the one who told me about it. Oh, well, yeah, it's, it's right outside Petco Park, and it's a 70s disco theme. Unfortunately, I mean, there are, they're billing it as high-end cocktails, which already tells me I'm probably not gonna go there, because I don't, you know. Well, this lady's gonna go there. I don't really dig paying a lot of money for cocktails, because I'll tell you what, you buy one, uh, 1.75 liter bottle of Kirkland vodka for 20 bucks, it's super high quality, and that's 32 drinks. That's a lot of drinks. 32 drinks for $20. Art says, gotta do the ferries sometime, didn't realize they were operating. We've never actually done the Coronado ferry either, we've just done the, um, the whale watching. Yeah, yeah. Or the bay tours. Okay, so this person is talking about this diamond, diamond lounge. Well, it's supposed to be opening today, is what, what, uh, the word on the street is. And it's, they say it's 70s themed. Okay, so they've got a 70s radio, they've got some wood paneling on the wall, Allman Brothers, Boz Skaggs, Jefferson Airplane. Yeah, these are all, these are all, uh, 70s things. Again, what, oh, the phone, the red phone. Mm, the stones. Rolling stones. I mean, I, I like, I like 70s themed stuff, I, but I don't like your high, high-end cocktails. Well, all right, it looks fairly authentic on the inside. Let's check out their menu. We're gonna go, There's their website. We're gonna go there and sneak a flask in. All right, so the cocktails, Oh, that's not so bad. $15, $16, $17, $18. That's not terrible. That's kind of how it goes these days. Yeah, that's a drink price. Looks like they have some interesting things too. A strawberry field, American Harvest Organic Vodka, St. Germain Strawberry Lemon and Mint. That sounds pretty good. I might try that. The Fluffy Garibaldi. What is that? Nitrogenated Campari, cold-pressed orange juice, jellied Garibaldi orange slice. I might not order that. Yeah, what if I just get, like, an old-fashioned? Baxter's old-fashioned. I assume that's a nod to Ron Burgundy's Dog. Right. Green River Bourbon, Burrata Orchard California Amaro. That sounds like they're kind of taking liberties with the old-fashioned recipe. I don't know. I'm kind of of the mind that if it's not an old-fashioned, if you, like, there's some things in there that maybe make it not an old-fashioned. It might be a good drink, but it's not an old-fashioned. What if I just order a shot of Potters? I'm kind of picky about my old-fashioned. I just want a shot of Potters. That's like a $5 bottle of Vodka. Plastic bottle. Kettle One Vodka, Miso California Olive Vermouth. Let's see, again, a Martini, the dirtiest Martini. Wow, that's going to be a pick. MSG Tincture? That sounds good. They're just going to put up some straight monosodium glutamate in there. Nice. All right, I'm here for it. Let's do it. Joe Panda. All right, so, all right, here we go. Diamond Club Cocktails. This is where it gets high end. We might split with this. That was a scary-looking lady. Yes, it was, wasn't it? I didn't want to say anything, but Art said it first. Yes, he was. We didn't say it, Art said it. Yeah, I mean, that person, I'm sure they were very nice. And, you know, we're not disparaging her, but yeah, a little scary. I thought she looked great. I mean, Art, you know, he can say whatever he wants. The Diamond Margarita, $26. Mission Manhattan, $27. $27 for one drink. There's no drink in the world worth $27. It doesn't even have like gold leaf in it or anything. I mean, maybe if it's got some really fancy something in it, but Whistlepig 10-Year Rye, I mean, you can get an entire bottle of that for like 50 bucks. Yeah, all right. Anyway, well, we might go check it out. Sure. Art wants to go with us sometime. Yeah, you want to go check out the 70's-themed cocktail bar? We'll have John be our designated driver. John will wait outside with a little cap. Yeah. Let's move on to some other stuff. Yes. Some more new stuff. And this new stuff might not be as cool. The mayor, Todd Gloria, has signed a new development plan into law for Claremont. They're going to put 14,000 more homes into Claremont. And they're trying to make it sound like it's going to revitalize the community. It features the creation of community village centers that will integrate residential, commercial, and recreational spaces. Now, I kind of already thought Claremont was built out. It's kind of an older neighborhood. It's, you know, full of established homes. Yes. I guess they're... Go ahead. Well, okay. So they make it sound like they're gonna build 14,000 homes in Claremont. What they've actually done here is updated the community plan. And the San Diego Planning Department is going through community by community in San Diego and redoing the community plans. And when they redo the community plans, they take the commercial spaces and rezone them for mixed-use residential. So what they've done is they're allowing for up to 14,000 new units in this area, which could eventually be built, which is a shame because you can see already it's dense. While you're talking, I'm just going to kind of pan around Claremont here. I mean, it's dense. It's built out. But they've done this in Mira Mesa already. They rezoned and changed the land use codes in Mira Mesa to allow for, I think, up to 25,000 new units. And if you've ever tried to drive up and down Mira Mesa Boulevard in the afternoon, 25,000 more units. And they're saying these are walkable communities, blah, blah, blah, blah, blah. There's no public transit. They're putting the cart before the horse with this crap. And it's just bad. It's bad policy. I gather that you don't like it. No. I was skeptical. It sounds like you just don't like it. He's seen... Art's seen me make fake Big Macs. Yeah, I could make these cocktails. You could make these cocktails. Absolutely. Yeah. I like to make cocktails too. So I think either one of us could probably make these. Yeah, Art agrees. Yeah, yeah. It's funny it's not happening in La Jolla. Well, yeah. And this is one reason why La Jolla is trying to divorce itself from San Diego. It doesn't matter where you are politically. This idea that we can just take every shopping center and stick an apartment complex on top of it is ridiculous. We can add more people, but you've got to give them a way to get places. I mean, this is just... It's irresponsible is what it is. There is a lot of empty big commercial spaces now. Maybe we could do something, but again, with the transit. Well, that's the thing. It scares me about Carmel Mountain Ranch because I know this planning update is coming our way. And we have a ton of big commercial that's going to be empty, big parking lots. And yes, you can put mixed use. You can put stuff there, but you've got to make it so that people can get where they need to go. And yeah, the streets in Claremont are already pretty narrow. Although all the stuff I'm saying now, people were saying in the 1950s when they were building Claremont. So, but I mean... Well, but you might be right though. I might be. And I am because, well... Somebody needs to fix these roads too. When are we going to fix the roads? Let's do that before we start stuffing more homes in there. And I will say that we can't hang it all on Todd Gloria because the state of California has told its cities, you must add X number of units by X date or lose funding for X, Y, and Z. So... These roads are messed up. Yeah, yeah. It's, I mean, it's coming from the top down and, you know, although San Diego's grabbing the bull by the horns and, you know, really, really going for it. And I'll tell you from... Is that your car? What are you doing here on Foyle Way? That's not my car. That's a 20... That's like a 2022 Niro. All right, okay. I was seeing... I was visiting my girlfriend. That's what I thought. Yeah. So anyway, I mean, we have just lived through the addition of 800 units in our community. And I'll tell you what... Oh, that's the same street. Art knows this street. Cannington Drive. Yeah. Todd Gloria needs to get down there and fix that street. Yeah. Well, anyway, I'll stop pontificating about housing policy. Anyway. It's irresponsible. Yeah. It's irresponsible. Sounds like we can all... Those of us who are here in art can agree that we are skeptical at best about this plan. I was just down in Mission Valley at the Broken Yolk Cafe on Wednesday morning, and I pulled into Mission Valley Center. And there's construction fences up. And I was like, oh my God, this is where they're going to do this big, more residential. And I mean, again, Mission Valley, it's just the traffic is horrible. And we can't... I mean, we're taking away parking. We're taking away lanes to make them bike lanes. And bike lanes are good, but you got to give people an alternative to getting in their car. And we haven't been able to do that. And it's going to be really hard for us to be able to do that because our city is so spread out. We did not design our city and our cities in California for public transit. I don't want to get too into the weeds, but we did used to have streetcars, which we do not have anymore. Well, that's the thing. Yes. There were streetcars up and down University, up and down El Cajon Boulevard. Intersection of Foxford and Bamberg. All right. Yeah. Cool. Yeah. Anyway, Claremont, lovely community. And if you stick 14,000 more homes in there, it's going to get a lot more crowded. So crowded. Nobody goes there anymore. And ultimately the argument they're making is we need more affordable housing, but they're not making housing more affordable. They're just making more. New housing is expensive. Yeah. And they're making more apartments, which makes corporate landlords money. Private equity firms and whatnot. Yes. It doesn't really help people per se. Anyway. All right. Let's talk about something better now. Yes. Thank you. So CSU San Marcos. So the CSUs are having a new program where a lot of high school students, if you have a 2.5 GPA, you can get right in there as opposed to, I mean, you know how it was when we were going through this college process with John. He was sweating it out. You know, can I get in where I want to go? Well, if you've got a 2.5 GPA, and I'm not sure the details, but you can get right into CSU San Marcos, which is a good school. Yeah. So I like this change. Some of the other changes, not so much. This one I'm for. Yeah. Give the kids a chance. Let the kids go to CSUSM. Yes, but the bike, Art says the bike lane stuff is killing neighborhoods. I mean, try to go downtown. They've done this thing where they, I mean, they let, during COVID, the restaurants put the dining on the sidewalks. So we're taking away sidewalks. We're taking away lanes for parking. And you try to get anywhere now, and you can't freaking park. And I mean, I know, public transit, but, you know, where is it? And try not to get stabbed while you're on there. Well, any time that we've tried to figure out how to take public transit somewhere, it's like three hours to get anywhere you want to be. We can't take public transit anywhere. I mean, if I want to go from here to Ralphs and Rancho Bernardo, that's a two-hour ride. And then you got to schlep your groceries and anyway. It's bad. Cal Poly Humboldt, huh? Oh, man. Yeah. Okay, we went there. It wasn't Cal, my diploma says Humboldt State University. So that's still where I say I went. Yeah, they turned it into a Cal Poly. All right. Yeah, I really, well, you know how to wind me up, don't you? Sorry. Talk about housing policy. Let's talk about some even better stuff. Cool. So if you all were here with us last year, like in the January, February, March, April, you remember how every week we were checking on the eagles. Well, it could be happening again. Wow. The eagles, they're working on their nest. Sounds like around January is the time where the eggs usually get laid. Jackie and Shadow are getting it on again. Well, I don't know about that. Jackie and Shadow. You keep it clean around here, buddy. Yeah, there is a lag by the time you're note. Yeah, we need to fix our lag a little bit. We have lag for some reasons that solved an old problem we had. No, no, he's talking about the delay between what we say and what he sees. Yeah, because there is a lag which we set for some old reasons. But I think we need, next time we do this, we need to fix the lag so it's shorter. Yes. Because we don't have that problem anymore. We have other new problems. When you do anything with streaming, you got issues or anything with video. Anyway, let's see what's happening now because I've pulled up. Here we go. Maybe we need to refresh this. This is what's happening right now in this eagle's nest. Well, you mentioned housing policy and put a Manhattan in me. I will go to town. Oh, this is live. OK, I don't know which eagle this is. It looks like they're sleeping. Last time Jackie had like a piece of sap on her head the whole time. We could tell it was Jackie. She's also the larger eagle. So these eagles look like they're getting ramped up to do their thing. Well, this is really cool because when I was a kid, it was like bald eagles were on the way out. There were there were barely with the DDT and whatnot. Yeah, yeah. We used to go on a summer vacation to this cabin in Oregon and it was called the Eagle's Nest. It's Father Quigley's cabin. Father Quigley's cabin. Yes. And outside up in the tree, there was an eagle's nest. And every once in a while, you'd see the eagle. Well, fascinating story. I know some people are probably like, oh, man, I hope these eagles don't do their things here because these people are going to talk about the eagles every week. First beer I ever drank was was Father Quigley's. I don't know. What did you do? Oh, I meant to mute myself because I was going to cough. OK, go ahead. You talk about Father Quigley. Yes, the first beer I ever drank. I was like 10 years old. It was a Ham's beer. Oh, Ham's. I don't think they make that anymore, do they? Ham's beer. Play that music while watching the eagles cocked up. It was it was Ham's and Father Quigley had a whole bunch of it. I took one and drank it. It's a headache in a can. Yeah, sure. Well, I don't remember having a headache, but I remember I remember drinking the beer and not liking it, but still drinking it because I thought I should like it. I remember Ham's and there was like Olympia. Yeah, Olympia. There was also a beer in the same price band and it was called Regal Select. I don't remember that one. The slogan for Regal Select, the slogan, I will always remember this. The slogan was one of America's two finest beers. What was the other one? I don't know. What about Michelob? Do they still make Michelob anymore? Yeah, I think that's a that's a pretty standard brand. OK, well, we've probably talked about we've probably reminisced about cheap beers from the past for long enough. Yes. Let's go to North Yorkshire, England. Surely good. Yes, this guy has he has reached a world record for the fastest motorized trash can. Is this where the pudding comes from? Yorkshire pudding? I think so. Anyway, this guy has a he's built a motorized trash can that can go up to 55 miles per hour. I swear to God, we've seen this. We've seen something. It was like a shed. That's it. This is totally different. Oh, man, what's happening here? I don't know. It's not. This is different. It's not a it's not a shed. It's a trash can here. Oh, here we go. Watch. Yeah, this is the fastest trash can on Earth. Fifty five miles an hour, you say? Yeah. It's almost as fast, almost as fast as an eighty eight Hyundai. Oh, my gosh. Art says old English. Oh, God. There's a headache in a bottle. Yeah, that's a good one. Yeah. OK. Yeah, yeah. All right. I'm kind of almost reaching the end of my rope here. Sorry, folks. I was a little bit off here. Looks like we need to fix the lag and messed up some mic stuff and forgot some things. But I'm doing better than I was last Friday. Now, I will tell you, I I wear this Arnold's drive. When I wear this shirt out in public, a lot of people ask me, are you from Milwaukee? It's like, no, have you never seen Happy Days for crying out loud? Hey, let's go to Arnold's and get a cheeseburger. I know Art's seen Happy Days, but kids these days, our kids have seen all the Happy Days. Yes. We've made sure that our kids saw all the classic 70s sitcoms. And most of the 80s. Yeah. Art, I forgot to call you about the tires on Thursday. And I'm going at it. Well, I'll get ahold of you about the tires. Art's going to help me with some tire stuff. Oh, cool. My tires or your tires? No, no, no. My tires on my car. Your tires are fine. Oh, good. Your brakes. Yeah, brakes aren't that important. No. It's crashing to a tree or something. Three out of four of yours are fine. I don't know what's going on with the fourth one. But anyway. Three out of four ain't bad. No. So now that we were having an issue with the camera communicating with the computer, now we've fixed that. So I think we can probably take away the delay. We got to tighten up the lag. And I mean, we've got super fast internet here. It's just so many components that go in. A lot of moving parts. Yes. I mean, if you were, you're looking at us. What we're looking at here are like four lights and a bunch of lights overhead. And a green screen. The wires and cables. The wires. There's mics. All sorts of stuff going on here. But yeah, it's time to go downstairs and make dinner. I'm going to make some shrimp scampi, I think. And we're going to eat that and chill and watch some TV. Probably some Seinfeld. Yes. Well, we'll be back next Friday. And hopefully I won't. I'll be 100%. I won't be mucking up the timing and the microphones. Well, you've got this cough still lurking. So I've got this memory stick here. It's got video on it. Did I ever tell this story? We've told this story. All right. So there was a guy in our community who would defecate on the sidewalk. And he was doing this for a couple of years. There was this thing. And I took it upon myself to investigate this situation and figure out. Defecation investigation. It was a defecation investigation. And what I found was that it was a gentleman here in our community who was doing it. We could throw a rock and hit his head. And here we caught him on camera. Unfortunately, there were no consequences because it's an HOA. And what can they do? But today. They wrote him a strongly worded letter. They wrote him a letter and told him, you stop. If you do that again, we're going to fine you $25. We're going to fine you. So today I'm out unloading the car from my Costco haul. And the guy. Oh, thanks, Art. Art's telling you to get well. I appreciate that. So the guy drives by while I'm in the driveway. And I turned around and I just died mad. I stared at him. That'll show him. I wish I had been out there. I give him my look of disdain. I'm going to give you my look of disdain now. Yeah, exactly. Well, I gave him a similar look and he just kept on driving. But anyway, that's what's on this memory stick. And if you want to see it, I'll send you the video. Yeah, private messages. Okay. All right. Happy Friday. Have a good weekend. Yes. Art, thank you for showing up. Light iced coffee. Hope you have a great weekend. Art remembers the defecation investigation. Yeah, he was there for that. It was a long, it was a multi-month investigation. All right, everybody. Have a great weekend and we'll see you next time. Cool. See you later. Because of the lag. We'll shuffle papers and look like we're having some witty banter.