The San Diego and Scottsdale Markets

the great southwest with agents Greg Kuchan & Nicole Kobrinsky



Gregory Kuchan, agent with Douglas Elliman in the San Diego market on a city that attracts “billionaires in board shorts”




Nicole Kobrinsky, broker at House Gallery Collective in Scottsdale on why “the world’s finest golf destination” is so so much more

Welcome to our Great Southwest Show, episode #64 of Boroughs & Burbs. This week we have a tale of two cities which could not be more different, and yet they share a great deal in common.

First, there’s San Diego, known as “America’s Finest City” with its quintessentially southern California vibe. It’s a more laid-back environment, and a much more affordable market than L.A., attracting “billionaires in board shorts.”   Blessed with the most temperate climate in the nation, averaging 65 degrees and sunny all year long, its a market bounded by the Pacific to the west, the ecologically-protected desert and mountains to the east, Camp Pendleton to the north and Mexico to the south. With these natural boundaries limiting development, and an economy long-dominated by the military presence in the area, is it any wonder that San Diego has been one of the most stable real-estate markets in the country? Greg tells me that they’ve been short of inventory for the last 30 years, something that most of the rest of us have been experiencing for the very first time. We’d like to understand who besides Alicia Keys is moving to San Diego and why?

We also have Scottsdale, Arizona, city of 250,000, long known as an incredible tourist destination but sometimes overshadowed by its sister city Phoenix. Like San Diego we see that tourism is now the second-largest industry in Scottsdale as the medical industry is on top. The median price of a home in swanky Pinnacle Peak is only $660,000. Prices have appreciated in Pinnacle Peak by only 10% this past year whereas in South Scottsdale they went up 30%. Taxes are not bad. The top income tax bracket is 4.5% and property taxes statewide average only .62%, significantly less than the nationwide average of 1.06% (compare to Connecticut at 2.13%New Jersey at 2.49% and New York at 1.72%)  Some of the questions we have for Nicole are who is moving into Scottsdale and why? With all of these medical facilities and golf courses can we still say this is a winter destination for retirees, or has Scottsdale evolved into a more balanced year-round community? Is Scottsdale still affordable, or is Arizona experiencing some of the terrific appreciation levels seen in Palm Beach, Boise, and Austin?

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Gregory Kuchan is listing this 3 bed, 2 bath ranch for $995,000. in the Clairemont Mesa West neighborhood. How does this compare?
Nicole helped her clients buy this modern home at Whispering Wind Drive with views of Pinnacle Peak for $3,000,000.
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John Engel – John Engel can be found at http://www.JohnEngel.com. He is a consistently top-producing agent in Fairfield County, Connecticut. John recently won the Realtor of the Year Award in New Canaan where he is has been Chairman of the Town Council and is currently a member of the Planning & Zoning Commission. John also brings an insight into internet-based marketing that is unsurpassed. Before going into real estate he was the founder of two successful internet businesses, Paper.com and e-Media for which he won the prestigious Entrepreneur of the Year Award. John spent his earliest years in Stuyvesant Town in lower Manhattan and went to New Canaan High School before attending Davidson College in North Carolina. After graduating, he served as an officer in the U.S. Army and spent some time leading a military intelligence platoon on the front lines of the first Gulf War. He currently lives in New Canaan with his wife Melissa and four children. In addition to hosting this podcast on the market each week, John Engel produces an easy-to-understand and in-depth monthly market analysis called the Market Report for the 16 towns of lower Fairfield County.

Roberto Cabrera – Roberto can be found at http://www.RobertoCabrera.com. With 24 years of experience, I have been recognized throughout the industry for achieving outstanding results: Ranked nationally by REAL Trends as one of “America’s Best Real Estate Agents” for avg. sales price of $4.350M. Sold a single family Townhouse faster than any other on the Upper West Side over $10M. I live with my wife and daughter on the Upper West Side, the neighborhood I have called home for the past 23 years. I was originally born in Richmond, Virginia and grew up in Maryland, just one mile south of the Mason Dixon line. After graduating with a degree in Mathematical Economics from Hampden-Sydney College, the 10th oldest school in the country, I spent 5 years in Washington, DC working as a financial consultant. I also studied at The National Conservatory of Dramatic Arts and I’m a former actor who once moonlighted as a stand-up comedian. Many years ago, I authored APPLE PIE – The Real Ingredients for Buying and Selling Your Slice.

Boroughs & Burbs Past Episodes

B&B 1: Heym, Kliegerman, Stevenson, Karp, Hobbs

B&B 28: “The Definitive Fairfield County Tour” (John Dicenzo and Robyn Kammerer)
B&B 29 “How’s The Real Estate Market Right Now?”  Lisa Lippman and Rob Johnson
B&B 30 “Am I A Brand?” Brand Building in Real Estate. Matt Leone & Chris Halstead
B&B 31 “The Townhouse Show” New York Real Estate: Terry Niaini & David Kornmeier 
B&B 32 “The Pricing Show” Jonathan Miller of Miller Samuels and Dr. Rob Docters 
B&B 33 “The Current Market” Talking About Real Estate with Scott Hobbs 
B&B 34 Darien, New Canaan & Westport: Discussion on What Makes these Towns Special David Genovese, David Waldman, Tucker Murphy, Laura Budd
B&B 35 “The Ranch Show” Montana Ranches Are Selling For Record Prices
B&B 36 NYC Real Estate “What We Can Expect in 2022”  (Greg Heym & Kevin Kovesci)
B&B 37 About Real Estate w/ Tony Fox, Scott Hobbs & Michael Goldenberg
B&B 38 Super-Lux Condos at $2500 Per Foot Selling in New Canaan and Westport.
B&B 39 What’s the Price of New in New York? Kliegerman & Tomana, New Development
B&B 40: Bob Stefanowski: Critical Issues for Connecticut’s Real Estate Economy
B&B 41: Ari Harkov on the NYC & Brooklyn Markets and Running a Top Real Estate Team
B&B 42: Affordable Housing – Who Needs It? w/ Tony Hwang, Ryan Fazio, Scott Hobbs & Francis Pickering
B&B 43: Benjamin Moore’s Color Expert & Top Designers Talk Color Trends in Real Estate
B&B 44: Noah Rosenblatt of Urban Digs on the New York Market
B&B 45: Governor Ned Lamont. Conversation on Real Estate & the Connecticut Economy
B&B 46 “Tax The Rich, They Won’t Move” A Conversation on Migration and Demographics
B&B 47: “Mexico is Hot” What You Need to Know about this Rising Real Estate Market
B&B 48: Zoom On Q1 Market Report for Real Estate in New York & Connecticut – So Hot
B&B 49: Mike Lubin & Matt Cohen, Top Realtors in New York, on The Post-Covid Market
B&B 50: “Can Housing Keep Rising” A Conversation with Jonathan Miller on Rising Rates
B&B 51: “Designing on a Dime” Sergio Mercado & Jennifer Cohler Mason on Design
B&B 52: The Martha’s Vineyard Show with Britt Bast and Cheri Mason of MVLandVest
B&B 53: The Vero Beach Show with Sally Daley and Bob McNally
B&B 54:  “Bracing for An Economic Hurricane” with Stephen Lascher & David Perry
B&B 55: Thinking of Downsizing? The Show on Small Houses with Sheri Koones
Add ​​​​​​​4pm Thursday to the calendar. Use the Meeting ID: http://zoom.us/j/92135931351
Or, binge watch all 62 shows on Youtube. Subscribe now: http://bit.ly/399yevL