Downtown & Metro San Diego
November | December 2013
REPRESENTED OVER 45 TRANSACTIONS SINCE 2002 in
DISCOVERY @ CORTEZ HILL
PROVIDING A LIFESTYLE, NOT JUST AN ADDRESS
Listing and selling condos in this building is especially important to me and I am committed to my clients to give the best service possible. As an original owner from 2002 to 2007, I have grown fond of the location, residents and lifestyle Discovery @ Cortez Hill has to offer! In today’s market you need an agent that demonstrates expertise and confidence throughout the entire transaction. I offer my clients the knowledge, upscale marketing, and negotiating skills to get YOUR CONDO SOLD!
SOLD IN THE LAST 90 DAYS CONDO
SQFT
BED BATH
SOLD PRICE
SOLD PRICE/SQFT
COE
#209 1,040 2 2
$404,000 $388.46 7/30/13
#613 1,230 2 2
$510,000 $414.63 7/31/13
#1003 1,230 2 2
$559,000 $454.47 8/13/13
#706 1,389 2 2
$575,000 $413.96 8/20/13
#1204 1,230 2 2
$605,000 $491.86 9/14/13
#1005 1,383 2 2
$660,000 $488.06 8/20/13
Want your Discovery@CortezHill property to be our next cover home?
Call Carolyn for the most effective marketing to sell your Condo!
Holiday Traditions
Creating A Season To Remember
All information is deemed reliable but not guaranteed. The homes included are listed and sold by various brokers, based on information from the MLS.
WWW.BOWHAYPROPERTIES.COM
619.944.5478 Direct/Mobile | 619.501.5557 Office | 619.298.6683 Fax CAROLYN BOWHAY WHALEN President & Broker-Owner CRS | GRI | e-PRO CalBRE #01264830
BOWHAY PROPERTIES, INC. 1355-A 6th Ave. San Diego, CA 92101 Carolyn@BowhayProperties.com If your home is currently listed, this is not a solicitation for that listing. CA DRE License #01264830
Produced by UpscaleRealEsateMarketing.com • 877.660.0996
Consumer Confidence Is Seasonal Spending An Indicator Of The Housing Market?
Fall In Love With
Terra American Bistro’s Cinnamon Cocoa Rubbed Lamb Shank
Discovery@ Cortez Hill Real Estate Report
Presented By Carolyn Bowhay Whalen
In Good Taste
Event Calendar
Terra American Bistro 619.293.7088 | TerraSD.com
N OVEMBER | DECEMBER 2013 The holidays are almost here! Why not make this the year you create winter memories that will last a lifetime? Whether you celebrate Christmas, Hanukah, or Kwanzaa, holiday traditions will help you build family time that will be cherished for years to come. Here are a few festive ways to make this winter season one to remember. First, make your home magical. Whether it’s placing your tree or menorah in the same special spot year after year or creating an ornament theme that grows and grows each Christmas, building rituals into your holidays will make them truly unique. A few more decorating ideas to consider: Hang elegant stockings
CINNAMON COCOA RUBBED LAMB SHANK WITH CARAMELIZED APPLES, ROASTED BABY FENNEL & ROOT VEGETABLE HASH LAMB INGREDIENTS: 4 lamb hind shank 1 celery, chopped 1 bottle port wine 1 onion, chopped 1 c rosemary 3 cloves garlic 1 c thyme 5 black peppercorns 1 carrot, chopped LAMB RUB INGREDIENTS: 1 tbsp cocoa powder 1 tbsp ground cinnamon 1/2 tbsp chili powder 1/4 tbsp garlic powder
1/8 tbsp salt 1/8 tbsp black pepper 1/2 tbsp brown sugar
Preheat oven to 375. Rub lamb shanks with lamb rub and set aside. Heat a large saute pan with oil until smoking, then add lamb shanks and sear both sides until browned. Place shanks in a large roasting pot with wine, 3/4 cup rosemary, 3/4 cup thyme, peppercorns, garlic, celery, onion & carrot, cover with foil and bake for 3 1/2 hours. CARAMELIZED APPLES INGREDIENTS: 3 gala apples, cored and sliced (skin-on) 1/4 c granulated sugar 1/4 c unsalted butter In a sauté pan on low heat, melt butter then add sugar and apples. Keep mixing until apples caramelize. Should take about 20 minutes or so to cook off the liquid from the apples and then caramelize the apples. Reserve for garnish. ROASTED FENNEL INGREDIENTS: 3 baby fennel 1 tsp kosher salt 1 tbsp olive oil 1/2 tsp freshly cracked black pepper Preheat oven to 425. Cut the tops off of the fennel bulbs and then cut the bulbs in half. In a mixing bowl, toss with the olive oil, salt and pepper and place onto a cookie sheet. Roast in oven for about 25 minutes or until fennel is slightly caramelized. ROOT VEGETABLE HASH INGREDIENTS: 1 1/2 lb root vegetables 1 tsp garlic, minced (parsnips, turnips, celery root, etc.) 2 tbsp olive oil peeled and diced into 1/2 inch pieces Kosher salt and 1 tbsp rosemary black pepper 1 tbsp thyme In a large stock pot, boil root vegetables for approximately 10 minutes and strain into an ice bath to stop the cooking. In a large sauté pan on high heat, heat oil. Add root vegetables and sauté for about 1 minute. Add garlic and herbs. Season with salt and pepper and reserve for service.
for Santa to fill, each embellished with your children’s names; get a second children’s Christmas tree that only the little ones can trim; don your staircase and mantle with evergreens and all-white candles; and don’t forget to hang mistletoe or a kissing ball for lovebirds who pay you a visit. The exterior of your home should not be forgotten either. Get into the holiday spirit by lighting up a few spectacular trees in your yard or highlighting some of the unique architectural aspects of your house. Each year, your family and neighbors will look forward to your light extravaganza. Need inspiration? Head to the zoo to see its dazzling display of holiday lights. Looking for a way to appreciate all the holiday lights in your own neighborhood? Try the old tradition of caroling from house to house. Gather your friends and family, pass out some festive sheet music, and don’t forget your holiday cheer. Best part about caroling? You can make it a White Christmas simply singing the song by Bing Crosby, even if the weather does not wish to participate. Finally, there’s no better place to build holiday traditions than in the kitchen. After all, nothing says the holidays better than warm
Happy Holiday Spending! In 2012, consumers spent 3% more on their holiday spending than the previous holiday season which resulted in over $579 billion in seasonal spending. Will the 2013 holiday season see a return of the Grinch or will consumer spending increase again?
US economy. Strong consumer confidence means that consumers feel that their standard of living is increasing. Confident consumers are more likely to spend more and make bigger purchases - such as a speedy car or new dream home.
Consumer Outlook
Retailer Outlook
“Consumer confidence” is an actual economic indicator which measures the degree of optimism that consumers feel about the state of the economy and their own personal financial situation. There are several “indexes” that provide a numeric measure of consumer confidence. The Consumer Confidence Index (CCI) is based on data from a monthly survey of 5,000 US households consisting of five questions addressing current economic conditions. The CCI dipped slightly in September, 2013 to 79.7 but this is a far cry from the 16-year low index of 57.2 in May, 2008. Overall, the CCI indicates that consumers are currently “positive” about the state of the
Baynote, a company that helps multi-channel retailers increase consumer engagement, predicts a strong holiday season for mobile, online and “brick and mortar” retailers. In their August holiday retailing report, Baynote predicted that 2013 holiday consumer spending could increase by as much as 11% over 2012. In their report, Baynote indicated that consumers can look forward to flash sales, free shipping and Buy-One-Get-One (BOGO) offers throughout the 2013 holiday season. There are only 25 days between the Friday after Thanksgiving (aka “Black Friday”) and Christmas this year, as compared to 32 days in 2012.
gingerbread cookies and hot cocoa. Make the winter holidays special for the little ones by making homemade holiday cookies and treats (maybe even start up an annual cookie swap for friends and neighbors). The kids or grandkids will really enjoy building a beautiful gingerbread house and will look forward to this event year after year. Create a photo album of your gingerbread houses through the years as a special memento. While you’re in the kitchen, why not plan a holiday dinner that every member of the family will look forward to year after year? Forego the normal roasts and casseroles and prepare your partner or child’s favorite meal instead, even if it’s a nontraditional choice. Voila … instant family tradition. And don’t forget to whip up a signature seasonal cup of cheer – think cranberries, cinnamon, and spice. Happy holidays!
Weekends are the busiest shopping days during that timeframe and there are only four weekends between Thanksgiving and Christmas versus five last year. As a result, one-third of retailers have said that they will begin holiday promotional offers as early as October. This means that neither retailers nor consumers can procrastinate during this year’s holiday shopping season. The historically popular apparel and accessories category are projected to increase sales by 2.8% compared to 2012. Also, sales in electronics and appliances are predicted to increase 2% compared to last year, with tablets and smartphones continuing to be wildly popular.
No Grinch To Be Found With the combination of strong consumer confidence and retailer’s positive outlook on holiday spending, there is no Grinch in sight for 2013. Although there are fewer shopping days between Thanksgiving and Christmas, consumers will still be able to take advantage of many promotional offers throughout the holiday shopping season in order to fill all those stockings hanging by the fireplace!
Silver Strand Half Marathon & 5K Sunset Park, Coronado | November 17 858.268.1250 | KOZEvents.com Run along the Silver Strand from Sunset Park in Coronado to Imperial Beach Pier Plaza. The marathon is open to runners, walkers, skaters, hand cycles, and wheelchairs. Enjoy the post-race festivities while watching the half marathoners cross the finish line! 2013 San Diego Bay Wine & Food Locations throughout San Diego | November 18-24 619.312.1211 | SanDiegoWineClassic.com As one of the largest wine and food festivals in the nation, the San Diego Bay Wine & Food Festival has helped shine the light on San Diego’s thriving food scene. The magnitude of culinary talent in San Diego combined with an international showcase of the world’s premiere wines and spirits, and the nation’s trendsetting culinary masters, makes attendance at the San Diego Bay Wine & Food Festival a mouthwatering feast and precursor to the Thanksgiving holiday. San Diego Jazz Fest Town & Country Hotel and Convention Center| November 27-December 1 619.297.5277 | SDJazzFest.org Discerning jazz fans call the San Diego Jazz Festival “the crown jewel of jazz festivals.” All venues are conveniently located in the Town & Country Convention Center. The festival bands represent a wide variety of traditional jazz, Dixieland, ragtime, swing, and rockabilly styles. Skating by the Sea Hotel Del Coronado | November 27-January 5, 2014 800.468.3533 | HotelDel.com Hotel Del Coronado is celebrating the ninth year of Skating by the Sea, a unique Southern California experience-outdoor ice skating overlooking the Pacific Ocean. The oceanfront Windsor Lawn will be transformed into a spectacular ice rink with skating sessions offered daily. Christmas Eve Dinner Cruise San Diego Grape Street Pier | December 24 888.467.6256 | HornBlower.com You will be greeted by Holiday Carolers during boarding and a traditional holiday buffet abroad a yacht while you enjoy the calm waters and beautiful scenery of the San Diego Bay. It’s perfect for entertaining out of town guests, as well as an intimate family affair.
In Good Taste
Event Calendar
Terra American Bistro 619.293.7088 | TerraSD.com
N OVEMBER | DECEMBER 2013 The holidays are almost here! Why not make this the year you create winter memories that will last a lifetime? Whether you celebrate Christmas, Hanukah, or Kwanzaa, holiday traditions will help you build family time that will be cherished for years to come. Here are a few festive ways to make this winter season one to remember. First, make your home magical. Whether it’s placing your tree or menorah in the same special spot year after year or creating an ornament theme that grows and grows each Christmas, building rituals into your holidays will make them truly unique. A few more decorating ideas to consider: Hang elegant stockings
CINNAMON COCOA RUBBED LAMB SHANK WITH CARAMELIZED APPLES, ROASTED BABY FENNEL & ROOT VEGETABLE HASH LAMB INGREDIENTS: 4 lamb hind shank 1 celery, chopped 1 bottle port wine 1 onion, chopped 1 c rosemary 3 cloves garlic 1 c thyme 5 black peppercorns 1 carrot, chopped LAMB RUB INGREDIENTS: 1 tbsp cocoa powder 1 tbsp ground cinnamon 1/2 tbsp chili powder 1/4 tbsp garlic powder
1/8 tbsp salt 1/8 tbsp black pepper 1/2 tbsp brown sugar
Preheat oven to 375. Rub lamb shanks with lamb rub and set aside. Heat a large saute pan with oil until smoking, then add lamb shanks and sear both sides until browned. Place shanks in a large roasting pot with wine, 3/4 cup rosemary, 3/4 cup thyme, peppercorns, garlic, celery, onion & carrot, cover with foil and bake for 3 1/2 hours. CARAMELIZED APPLES INGREDIENTS: 3 gala apples, cored and sliced (skin-on) 1/4 c granulated sugar 1/4 c unsalted butter In a sauté pan on low heat, melt butter then add sugar and apples. Keep mixing until apples caramelize. Should take about 20 minutes or so to cook off the liquid from the apples and then caramelize the apples. Reserve for garnish. ROASTED FENNEL INGREDIENTS: 3 baby fennel 1 tsp kosher salt 1 tbsp olive oil 1/2 tsp freshly cracked black pepper Preheat oven to 425. Cut the tops off of the fennel bulbs and then cut the bulbs in half. In a mixing bowl, toss with the olive oil, salt and pepper and place onto a cookie sheet. Roast in oven for about 25 minutes or until fennel is slightly caramelized. ROOT VEGETABLE HASH INGREDIENTS: 1 1/2 lb root vegetables 1 tsp garlic, minced (parsnips, turnips, celery root, etc.) 2 tbsp olive oil peeled and diced into 1/2 inch pieces Kosher salt and 1 tbsp rosemary black pepper 1 tbsp thyme In a large stock pot, boil root vegetables for approximately 10 minutes and strain into an ice bath to stop the cooking. In a large sauté pan on high heat, heat oil. Add root vegetables and sauté for about 1 minute. Add garlic and herbs. Season with salt and pepper and reserve for service.
for Santa to fill, each embellished with your children’s names; get a second children’s Christmas tree that only the little ones can trim; don your staircase and mantle with evergreens and all-white candles; and don’t forget to hang mistletoe or a kissing ball for lovebirds who pay you a visit. The exterior of your home should not be forgotten either. Get into the holiday spirit by lighting up a few spectacular trees in your yard or highlighting some of the unique architectural aspects of your house. Each year, your family and neighbors will look forward to your light extravaganza. Need inspiration? Head to the zoo to see its dazzling display of holiday lights. Looking for a way to appreciate all the holiday lights in your own neighborhood? Try the old tradition of caroling from house to house. Gather your friends and family, pass out some festive sheet music, and don’t forget your holiday cheer. Best part about caroling? You can make it a White Christmas simply singing the song by Bing Crosby, even if the weather does not wish to participate. Finally, there’s no better place to build holiday traditions than in the kitchen. After all, nothing says the holidays better than warm
Happy Holiday Spending! In 2012, consumers spent 3% more on their holiday spending than the previous holiday season which resulted in over $579 billion in seasonal spending. Will the 2013 holiday season see a return of the Grinch or will consumer spending increase again?
US economy. Strong consumer confidence means that consumers feel that their standard of living is increasing. Confident consumers are more likely to spend more and make bigger purchases - such as a speedy car or new dream home.
Consumer Outlook
Retailer Outlook
“Consumer confidence” is an actual economic indicator which measures the degree of optimism that consumers feel about the state of the economy and their own personal financial situation. There are several “indexes” that provide a numeric measure of consumer confidence. The Consumer Confidence Index (CCI) is based on data from a monthly survey of 5,000 US households consisting of five questions addressing current economic conditions. The CCI dipped slightly in September, 2013 to 79.7 but this is a far cry from the 16-year low index of 57.2 in May, 2008. Overall, the CCI indicates that consumers are currently “positive” about the state of the
Baynote, a company that helps multi-channel retailers increase consumer engagement, predicts a strong holiday season for mobile, online and “brick and mortar” retailers. In their August holiday retailing report, Baynote predicted that 2013 holiday consumer spending could increase by as much as 11% over 2012. In their report, Baynote indicated that consumers can look forward to flash sales, free shipping and Buy-One-Get-One (BOGO) offers throughout the 2013 holiday season. There are only 25 days between the Friday after Thanksgiving (aka “Black Friday”) and Christmas this year, as compared to 32 days in 2012.
gingerbread cookies and hot cocoa. Make the winter holidays special for the little ones by making homemade holiday cookies and treats (maybe even start up an annual cookie swap for friends and neighbors). The kids or grandkids will really enjoy building a beautiful gingerbread house and will look forward to this event year after year. Create a photo album of your gingerbread houses through the years as a special memento. While you’re in the kitchen, why not plan a holiday dinner that every member of the family will look forward to year after year? Forego the normal roasts and casseroles and prepare your partner or child’s favorite meal instead, even if it’s a nontraditional choice. Voila … instant family tradition. And don’t forget to whip up a signature seasonal cup of cheer – think cranberries, cinnamon, and spice. Happy holidays!
Weekends are the busiest shopping days during that timeframe and there are only four weekends between Thanksgiving and Christmas versus five last year. As a result, one-third of retailers have said that they will begin holiday promotional offers as early as October. This means that neither retailers nor consumers can procrastinate during this year’s holiday shopping season. The historically popular apparel and accessories category are projected to increase sales by 2.8% compared to 2012. Also, sales in electronics and appliances are predicted to increase 2% compared to last year, with tablets and smartphones continuing to be wildly popular.
No Grinch To Be Found With the combination of strong consumer confidence and retailer’s positive outlook on holiday spending, there is no Grinch in sight for 2013. Although there are fewer shopping days between Thanksgiving and Christmas, consumers will still be able to take advantage of many promotional offers throughout the holiday shopping season in order to fill all those stockings hanging by the fireplace!
Silver Strand Half Marathon & 5K Sunset Park, Coronado | November 17 858.268.1250 | KOZEvents.com Run along the Silver Strand from Sunset Park in Coronado to Imperial Beach Pier Plaza. The marathon is open to runners, walkers, skaters, hand cycles, and wheelchairs. Enjoy the post-race festivities while watching the half marathoners cross the finish line! 2013 San Diego Bay Wine & Food Locations throughout San Diego | November 18-24 619.312.1211 | SanDiegoWineClassic.com As one of the largest wine and food festivals in the nation, the San Diego Bay Wine & Food Festival has helped shine the light on San Diego’s thriving food scene. The magnitude of culinary talent in San Diego combined with an international showcase of the world’s premiere wines and spirits, and the nation’s trendsetting culinary masters, makes attendance at the San Diego Bay Wine & Food Festival a mouthwatering feast and precursor to the Thanksgiving holiday. San Diego Jazz Fest Town & Country Hotel and Convention Center| November 27-December 1 619.297.5277 | SDJazzFest.org Discerning jazz fans call the San Diego Jazz Festival “the crown jewel of jazz festivals.” All venues are conveniently located in the Town & Country Convention Center. The festival bands represent a wide variety of traditional jazz, Dixieland, ragtime, swing, and rockabilly styles. Skating by the Sea Hotel Del Coronado | November 27-January 5, 2014 800.468.3533 | HotelDel.com Hotel Del Coronado is celebrating the ninth year of Skating by the Sea, a unique Southern California experience-outdoor ice skating overlooking the Pacific Ocean. The oceanfront Windsor Lawn will be transformed into a spectacular ice rink with skating sessions offered daily. Christmas Eve Dinner Cruise San Diego Grape Street Pier | December 24 888.467.6256 | HornBlower.com You will be greeted by Holiday Carolers during boarding and a traditional holiday buffet abroad a yacht while you enjoy the calm waters and beautiful scenery of the San Diego Bay. It’s perfect for entertaining out of town guests, as well as an intimate family affair.
Downtown & Metro San Diego
November | December 2013
REPRESENTED OVER 45 TRANSACTIONS SINCE 2002 in
DISCOVERY @ CORTEZ HILL
PROVIDING A LIFESTYLE, NOT JUST AN ADDRESS
Listing and selling condos in this building is especially important to me and I am committed to my clients to give the best service possible. As an original owner from 2002 to 2007, I have grown fond of the location, residents and lifestyle Discovery @ Cortez Hill has to offer! In today’s market you need an agent that demonstrates expertise and confidence throughout the entire transaction. I offer my clients the knowledge, upscale marketing, and negotiating skills to get YOUR CONDO SOLD!
SOLD IN THE LAST 90 DAYS CONDO
SQFT
BED BATH
SOLD PRICE
SOLD PRICE/SQFT
COE
#209 1,040 2 2
$404,000 $388.46 7/30/13
#613 1,230 2 2
$510,000 $414.63 7/31/13
#1003 1,230 2 2
$559,000 $454.47 8/13/13
#706 1,389 2 2
$575,000 $413.96 8/20/13
#1204 1,230 2 2
$605,000 $491.86 9/14/13
#1005 1,383 2 2
$660,000 $488.06 8/20/13
Want your Discovery@CortezHill property to be our next cover home?
Call Carolyn for the most effective marketing to sell your Condo!
Holiday Traditions
Creating A Season To Remember
All information is deemed reliable but not guaranteed. The homes included are listed and sold by various brokers, based on information from the MLS.
WWW.BOWHAYPROPERTIES.COM
619.944.5478 Direct/Mobile | 619.501.5557 Office | 619.298.6683 Fax CAROLYN BOWHAY WHALEN President & Broker-Owner CRS | GRI | e-PRO CalBRE #01264830
BOWHAY PROPERTIES, INC. 1355-A 6th Ave. San Diego, CA 92101 Carolyn@BowhayProperties.com If your home is currently listed, this is not a solicitation for that listing. CA DRE License #01264830
Produced by UpscaleRealEsateMarketing.com • 877.660.0996
Consumer Confidence Is Seasonal Spending An Indicator Of The Housing Market?
Fall In Love With
Terra American Bistro’s Cinnamon Cocoa Rubbed Lamb Shank
Discovery@ Cortez Hill Real Estate Report
Presented By Carolyn Bowhay Whalen