📰 NEWS HIGHLIGHTS

Average long-term mortgage rate rises to 6.22%

The average long-term U.S. mortgage rate increased to 6.22% this week, the highest in over three months, impacting spring homebuyers, according to Freddie Mac. This rise from last week's 6.11% adds costs for buyers, limiting affordability. Rates had dropped below 6% three weeks ago but have risen since the war with Iran began, causing market instability and inflation concerns. The 15-year fixed-rate mortgage also rose to 5.54% from 5.5% last week.

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Two Trader Joe’s coming to North County

North County might be getting not one… but TWO new Trader Joe’s locations. The former REI building in Encinitas could become Encinitas’ second Trader Joe’s. Another may be headed to North City in San Marcos, which would be the first one in the city. If you live in North County, you know one thing… people get very excited about grocery stores. And for good reason, Trader Joe’s has the best snacks, of course. As always, stay tuned for more details!

An’s Gelato is moving in to the Top Gun house in Oceanside

An's Gelato is opening up shop in Oceanside, inside the iconic "Top Gun" House. The gelato shop has been named as the #1 ice cream shop in the US for two years in a row, and now they’re expanding with a fifth location.

They announced via their Instagram that they are opening a new location in Oceanside this summer. An’s currently has four other locations: An’s Dry Cleaning in North Park, An’s Hatmakers in Del Mar, and An’s Electronics Repair in Ocean Beach — As well as An’s Athletic Field Services in Petco Park. This new location is reportedly going to be based on a 1970’s-80’s US airport. Stay tuned for more details!

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New roller rink coming to Seaport Village

A new open-air roller rink is coming to downtown San Diego, just steps away from San Diego Bay. The company behind the original Ringer’s Roller Rink is opening a second location at Seaport Village.

The new location, Ringer’s Seaport, will bring the energy of roller skating to the waterfront, with views of the Embarcadero, the Rady Shell, and the Coronado Bridge. It is expected to open in time to enjoy this summer. Adding an experience in a mostly shop-driven area will be great for locals and tourists. Although I wouldn’t have thought of it originally, I do think this will be a great addition and a fun activity for the kids.

Restaurant of the week: Bahar

Bahar Indian restaurant is a vibrant oasis for lovers of authentic Indian cuisine. From aromatic biryanis to fragrant curries and sizzling tandoori delights, each dish is a symphony of spices and textures that pays homage to India’s culinary heritage. Their dining space is gorgeous, with vibrant colors and traditional decor that transports you to the bustling streets of India’s vibrant markets. Whether you’re dining with family, friends, or colleagues, their welcoming atmosphere sets the stage for an unforgettable and delicious experience. Try their garlic naan and butter chicken, it’s delicious!

Check out their Instagram here

💬 Thinking About a Move? Just Curious? I’ve Got You.

If you’re considering buying, selling, or just want a quick pulse check on your home’s value, reach out any time. I’m always happy to help make sense of this market and plan your next step … And your referrals are always appreciated!

 Feel free to give me a call 760.807.7113 or just click here to send me an email: [email protected]

Best,

NS