​🌱 Rising Interest Rates Affect SD + Latino Film Festival Opens

Happy Tuesday, people of San Diego! These are the most important things going on in town today.

First, today's weather:

Mostly sunny. High: 68, Low: 49.

Attention, financial planners and advisors — we're now offering sponsorship opportunities for local firms interested in building their client base in San Diego. Click here to learn more.

Here are three of the top stories in San Diego today:

1. With a very low real estate inventory, it is a seller’s market, but with rising interest rates homebuyers are hurting. Buyers want to buy now before the interest rates rise over the next 12 months. “We know interest rates are going to keep going up to stem inflation, and that is also giving buyers a bit of impetus to jump now,” said Matt Battiata, whose been a realtor in San Diego for 22 years. “It’s not quite as crazy of a market as it was,” said Battiata. “We’re still able to generate multiple offers on pretty much all of our listings, but it has been tempered a little bit. That’s a combination of interest rates, the stock market going down, what’s happening in Ukraine, you know, just the global economy, inflation, so there has been a little bit of a sea change but it’s all relative. It’s still a seller’s market.” To learn more: Click into parenthesis, then click the link. (CBS News 8)
2. The San Diego Latino Film Festival will open on Thursday. With over 200 shorts and features from the U.S., Mexico, Central America and Spain, the festival will offer something for everyone. The event, which includes a virtual slate as well, will continue through March 20. To learn more: Click into parenthesis, then click the link. (Times of San Diego)
3. Good news for job hunters! The City of San Diego has posted 10 new jobs on their website, and one of them may be right for you. Carpentry, benefits administration, graphic designer, financial analyst, safety rep, accountant — these are just a few of the 91 jobs available right now. To learn more: Click into parenthesis, then click the link. (City of San Diego)

Today in San Diego:

• SB - Free Tax Assistance Clinic — Mission Valley Library. (Noon)
• Preschool Story Time — San Diego Public Library, Central Library. (2 p.m.)
• DO YOUR HOMEWORK @ THE LIBRARY — North Park Branch Library. (3 p.m.)
• Envisioning a Sustainable City of the Future — San Diego Public Library, Central Library. (4 p.m.)
• Virtual: Business Alliance Group, Chamber Tuesdays — San Diego Regional Chamber of Commerce. (4:45 p.m.)
• Peaceful in PJ's Storytime — Riford/La Jolla Branch Library. (6 p.m.)

From my notebook:

• Visit San Diego: "There's no sunset like a San Diego sunset. Have a SD Sunset on your camera roll? Share it in the comments 👇 📷 IG: keyvan.yasami 📍: Pacific Beach" (Facebook)
• San Diego Humane Society: "While Victor Lenguyen makes delectable treats for humans, he really has a sweet spot for animals! Since starting Feline Purrfect Ice Cream, he’s connected with his patrons through a shared passion for pets. He also uses his business to advocate for adoptable cats and donates a portion of proceeds to support San Diego Humane Society!" (Facebook)
• YMCA Raintree Ranch: "It's your turn to have the summer of a lifetime. New friends and memories await you at YMCA Overnight Camps Marston, Raintree Ranch & Camp Surf. Reserve your spot today, spots are filling up fast!" (Facebook)
• City of San Diego: "Sutherland Reservoir is now open for the season! 🏞️ The reservoir offers a variety of recreational activities, including fishing, boating, picnicking and hiking. 🚣 🎣 Sutherland is open Fridays through Sundays from sunrise to sunset, except the third Friday of each month, through September. Boats and other water vessels are permitted on Saturdays and Sundays only." (Facebook)
• North San Diego Business Chamber: "Thank you to NOVA Home Loans for its generous donation to Operation Connect. With this, we will be able to further help transitioning veterans in San Diego. Know a transitioning service member? Invite them to attend the free Operation Connect Workshop on April 1." (Facebook)
• San Diego County Library: "With Udemy, you have access to over 4,000 online video courses across business, tech, and more!" Find this and other resources at the San Diego County Library. (Facebook)

More from our sponsors — thanks for supporting local news!

Featured businesses:

• CBD Philman .com — (Visit website)
• Add your business here

Events:

• San Diego Area Real Estate & Economic Update Free Webinar. (March 8)
• Freedom Tour Powur Solar Career Opportunity. (March 9)
• The Toga Party Band Live at Ebullition Brew Works. (March 12)
• Small Business Lunch Bites. (March 16)
• Saint Patrick’s Day with the Drunk’n Leprechauns at Ebullition Brew Works & Live Music. (March 17)
• Add your event

For sale:

• 2001 Specialized S-Works M4 CX Cyclocross 60cm Bike. (Details)
• Add your item

Loving the San Diego Daily? Here are all the ways you can get more involved:

• Send a friend or neighbor this link so they can subscribe
• Get your local business featured in front of readers
• Send me a news tip or suggestion at sandiego@patch.com

You're all caught up for today! See you tomorrow morning for another update.

— Bettyann Pernice