In a bid to help struggling businesses in Del Mar’s downtown village area, the Del Mar City Council on Monday, May 6, voted to establish a new advisory committee to come up with ideas to make the city more business friendly. The council voted unanimously, with members Sherryl Parks and Don Mosier absent, to approve the formation of an 11-member committee that would be composed of representatives of different types of businesses and property owners.
The National Association of Realtors just released their Pending Sales Report which revealed that buyer demand is at its highest point in three years. At the same time, the supply of homes for sale has dramatically dropped in the last several months. That has created a real estate market not seen since boom times of the last decade. We are beginning to see bidding wars in most price points in almost every market.
As The Winston School gears up for its eighth annual Festival of the Arts on May 18, many of the students are putting finishing touches on their creations while others are selecting from work done earlier this year or rehearsing for performances. The festival, which is a highlight of the year for the school and the surrounding community, exemplifies the school’s “philosophy of helping students find and develop their passions and their strengths, whether that be in the arts, in the field of technology, in history, whatever,” said Headmaster Mike Peterson.
An estimated 37,764 new and resale houses and condos sold statewide last month. That was up 31.5 percent from 28,719 in February, and up 0.8 percent from 37,481 sales in March 2012, according to San Diego-based DataQuick.