Real Estate

Gas, housing and the Golden Door Spa

Escondido gasoline prices rise for seven straight days  Up and down, ye olde gasoline price merry-go-round is going up, up and away again. The average price of a gallon of self-serve regular gasoline in San Diego County rose two-tenths of a cent Tuesday to $2.824, the seventh consecutive daily increase. The average price is 1.5 cents more than one week ago and 6.1 cents higher…


Tale of two master-planned developments

347-home Rancho Tesoro began to take shape this month between Cal State University San Marcos and San Elijo Hills at San Marcos. Meanwhile, 550-home Safari Highlands around Escondido was put on hold due to continued environmental concerns and the need for another round of reports. Rancho Tesoro on the way in San Marcos What once was pristine hiking turf broke ground this month for the…


SD homes too pricey? Try Escondido

While inventory is low, demand for Escondido is spurring development and new communities are underway. Hope still reigns for first time buyers in Escondido as the city is promulgating a first time buyer’s assistance program. — Realtor Del Phillips The economy is looking up for many and according to the Case-Shiller index tracking resales of single family homes, this trend is being reflected in home prices….


Escondido Country Club ghosts rattle Poway, San Ramon developments

Golf ghosts. From Poway to San Ramon, the legacy of Escondido Country Club played through this week. Not coincidentally, the controversial Michael Schlesinger was at the center of the storm(s). Schlesinger bought Poway’s bankrupt StoneRidge Country Club in December. He wants to poll residents about allowing him to develop some of the property. Schlesinger proposes giving the golf course and perhaps other features to the…


Juniper Terrace Apartments changes hands

Juniper Terrace Apartments, a 43-unit garden style building at 1580 S Juniper St., was sold last week for $7.7 million to The Bascom Group, an Irvine-based commercial real estate company with 270 multifamily properties nationwide. Built in 1973, the property features low density single-family home style living with oversized apartments and expansive views, according to Bascom officials who apparently got a good deal. The  apartment…


Real estate specialist devoted to career, family, community

Ring ring, brief pause; a few minutes later, ring ring again. “That’s the life of a working mother,” Escondido commercial/residential and senior housing specialist Sabrina Covington says with a laugh as she puts the phone that is ringing off the hook on mute. Sitting at the Escondido Promenade Starbucks, Covington looked out across the Escondido real estate market and saw that it was good. “I…