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The Current

  • For 15% of California homeowners costs exceed half of income

    For 15% of California homeowners costs exceed half of income,Jonathan Lansner

    Here is yet another way to look at the financial challenges of California homeownership: Recurring costs eat up more than half of household income for roughly 1 in 6 owners statewide. My trusty spreadsheet identified this affordability challenge by analyzing 2024 Census Bureau housing data for the 5

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  • For 27% of California tenants, rent is more than half their income

    For 27% of California tenants, rent is more than half their income,Jonathan Lansner

    We don’t spend enough time discussing the financial burden renters face, such as housing expenses eating up more than half of the incomes of roughly 1-in-4 California tenants. My trusty spreadsheet identified this affordability challenge by analyzing 2024 Census Bureau housing data for the 50 states

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  • San Diego’s 94-Year-Old Clay Whisperer

    San Diego’s 94-Year-Old Clay Whisperer,Cole Novak

    “Sometimes people say, ‘Hey, I saw your pot on Etsy for $1,000,’ and I probably sold it for about $100. But I would make pots even if I couldn’t sell them. I’d give them away if I had to. At 15, I managed to sneak into the Marine Corps. I was six-foot-one-and-a-half and weighed 200 pounds. They didn

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  • California home values drop $106 billion to $10.8 trillion

    California home values drop $106 billion to $10.8 trillion,Jonathan Lansner

    Here’s a smidgen of good news for California house hunters: Mild discounting is underway. My trusty spreadsheet peeked at a Zillow report tracking total home values for the year ending in June and the pandemic era — February 2020 through June 2025. Zillow totaled all of its price estimates for every

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  • 15 Up-and-Coming California Bands to Listen to Right Now

    15 Up-and-Coming California Bands to Listen to Right Now,Cole Novak

    Listen to our Ultimate California Mixtape below featuring each artist Some of the most famous musicians on the planet got their start in California—the Eagles, the Grateful Dead, Cher, Snoop Dogg, and Fergie, to name a modest handful. But before they were topping charts and selling out stadiums, the

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  • San Diego’s biggest new apartment complex opens with average rents topping $5K

    San Diego’s biggest new apartment complex opens with average rents topping $5K,Phillip Molnar

    San Diego renters are no strangers to high prices, but a new Serra Mesa complex might cause sticker shock. AMLI Aero has an average rent of $4,014 a month for a one-bedroom unit, said real estate tracker CoStar, $5,049 for a two-bedroom, and $6,136 for three bedrooms. Its first residents move in Fri

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  • Average rate on a 30-year mortgage falls to lowest level in nearly a year

    Average rate on a 30-year mortgage falls to lowest level in nearly a year,Associated Press

    By ALEX VEIGA, AP Business Writer The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week. Related Articles 36% of California homebuyers were in

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  • 36% of California homebuyers were investors in 2025’s first half

    36% of California homebuyers were investors in 2025’s first half,Jonathan Lansner

    Investor influence on home sales continued to grow as 2025 started. My trusty spreadsheet reviewed stats from Cotality – the new name for the CoreLogic data crunchers – tracking 26 California metropolitan areas and single-family home sales that either went to primary residents or investors. These in

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  • Brigantine proposing $26M redevelopment of Fish Market restaurant on San Diego Bay

    Brigantine proposing $26M redevelopment of Fish Market restaurant on San Diego Bay,Jennifer Van Grove

    The new owner of The Fish Market restaurant on downtown San Diego’s waterfront is angling to tear down the aging venue and replace it with a $25.6 million, multi-concept dining destination that would incorporate the familiar seafood restaurant alongside a grab-and-go option and a high-end steakhouse

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  • New SF Art Exhibit Explores California’s Oft-Overlooked History

    New SF Art Exhibit Explores California’s Oft-Overlooked History,Cole Novak

    The Black Gold: Stories Untold exhibit at Fort Point National Historic Site in San Francisco is haunted. Really. But that’s not an excuse to avoid the place—it’s all the more reason to go and get up close to history. “Black Californians have been central, not marginal, to our collective narrative,”

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  • Home Tour: Inside a Hawaiian-Inspired Bayfront Dream on Coronado

    Home Tour: Inside a Hawaiian-Inspired Bayfront Dream on Coronado,Cole Novak

    Each morning at zero-eight-hundred sharp, as Allan and Lyndsey Arendsee sip coffee on their bayfront pool deck a few houses down from the Naval Air Station North Island on Coronado, they are serenaded by “The Star-Spangled Banner” issuing forth from the base. As the last strains fade away, they surv

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  • Where in California are investors the most active homebuyers?

    Where in California are investors the most active homebuyers?,Jonathan Lansner

    Investors, just like house hunters, like a bargain. And in California, that means looking inland. My trusty spreadsheet reviewed data from Cotality – previously known as CoreLogic – tracking the share of single-family home purchases made by people not occupying the property. My focus was on the aver

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  • No small problem. San Diego’s last store for miniature replicas faces closure

    No small problem. San Diego’s last store for miniature replicas faces closure,Roxana Popescu

    Michael Sue Nanos’s shop in Pacific Beach is stuffed with tiny, wondrous things: pinky-nail sized cereal boxes, tables and chairs fit for a family of pocket mice, and an aptly named little book, “Little Women.” Now Nanos is facing a big decision: whether, and where, to relocate. For at least 22 year

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  • Shortage of homebuyers forces many sellers to lower prices or walk away as sales slump drags on

    Shortage of homebuyers forces many sellers to lower prices or walk away as sales slump drags on,Associated Press

    By ALEX VEIGA, Associated Press Business Writer LOS ANGELES (AP) — Skyrocketing housing values and a shortage of homes on the market gave homeowners the upper hand for years when it came time to sell. That’s no longer a given. Across the country, it’s getting tougher for sellers to drive a hard barg

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  • If the Federal Reserve cuts interest rates, is that good news?

    If the Federal Reserve cuts interest rates, is that good news?,Jonathan Lansner

    Hoping the Federal Reserve will cut the interest rates it controls fits the “be careful what you wish for” conundrum. There’s a good possibility the nation’s central bank will lower its Fed Funds rate – what banks pay overnight – at its next meeting Sept. 17. Federal Reserve officials have acknowled

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  • San Diego’s Polyhaus is Designing the Future of Fire-Safe Homes

    San Diego’s Polyhaus is Designing the Future of Fire-Safe Homes,Cole Novak

    The morning marine layer has just burned off in La Jolla. Heat pools on the pavement. Mirages shimmer off the patio stones as a leaf blower hums somewhere in the valley below. In the backyard of one quiet residential block, something strange juts up from the earth—an angular form clad in gleaming me

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  • Can BrainEcho Technology Help Treat Insomnia?

    Can BrainEcho Technology Help Treat Insomnia?,Nicolle Monico

    As I walk into Cereset in Encinitas, I wonder if tonight will finally be the night I get the kind of sleep I remember from my childhood: fully knocked out, vivid dreams, pillow lines on my face. As I get situated in a La-Z-Boy chair, head tech coach Madolyn Dolce places electroencephalogram (EEG) se

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  • Rent prices in San Diego mostly flat. So why does it feel so expensive?

    Rent prices in San Diego mostly flat. So why does it feel so expensive?,Phillip Molnar

    San Diego has some of the highest rents in the nation but, in a minor consolation for tenants, they haven’t gone up as much recently. Average asking rent was $2,532 a month in San Diego County in early September, said real estate tracker CoStar, up roughly 1% in two years. Average rent is still the

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  • Dilapidated California Theatre building is on the market again. Will anyone buy it?

    Dilapidated California Theatre building is on the market again. Will anyone buy it?,Jennifer Van Grove

    The crumbling, 98-year-old California Theatre building at the corner of Fourth Avenue and C Street in downtown San Diego is officially for sale, once again, as the insolvent property owner seeks to satisfy the terms of its legal settlement with the city. Earlier this week, commercial real estate bro

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  • California building permits tumble to 16% below average

    California building permits tumble to 16% below average,Jonathan Lansner

    California’s permits for new housing dipped to an 11-year low, minus the pandemic-era lockdowns. My trusty spreadsheet reviewed Census Bureau data on California building permits, focusing on how the first half of 2025 compared with historical trends dating to 1988. Statewide, 49,400 permits were fil

    Read More
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