Call it what you want, but California’s homebuying pace remains below the Great Recession’s bottom.My trusty spreadsheet reviewed a new set of home sales figures created for the Southern California News Group by real estate tracker Attom. These broad-based statistics track closed transactions by mon

By ALEX VEIGA, AP Business WriterThe average rate on a 30-year mortgage in the U.S. eased again this week, modest relief for prospective home shoppers during what’s traditionally the busiest time of the year for the housing market.Related Articles US robot makers hope to beat China in huma

Two 1980s-era office buildings in Sorrento Mesa previously slated for demolition will instead be repurposed as office condominiums by a developer looking to try something different in a depressed commercial real estate market.Los Angeles-based Abington Emerson Investments LLC has filed an applicatio

How can California improve its lowly homeownership rate? Maybe build fewer apartments.That’s a novel conclusion I drew from my trusty spreadsheet’s look at homeownership stats weighed against building permits data dating back to 1988 for the 50 states.The math shows that residential construction is

Food excursions, springtime festivals, and gearhead gatherings are among the many things to do this weekend, but the events don’t stop there. San Diegans can ring in Asian American and Pacific Islander Heritage Month with the opening of Thumbprint Gallery’s AAPI Exhibition and a collaborative market

James Thorp has done the bar and restaurant song-and-dance in downtown San Diego. He’s done it in Pacific Beach. He’s been all over San Diego, working in hospitality for decades. And this May he’s headed to Escondido with his latest project, Upper East (155 E. Grand Ave).Thorp says Upper East will b

San Diego home prices are still rising but at the slowest rate in years.In February, the San Diego metropolitan area’s home price increased 2.75% annually, said the S&P Case-Shiller Indices report released Tuesday. That’s the smallest increase since summer 2023 when rising mortgage rates sent a shiv

There have been innumerable ups and downs in San Diego County’s history of homebuying across Southern California.The Southern California News Group will now be chronicling home sales and pricing swings using data from a new provider, Irvine-based Attom. The company tracks closed transactions for exi

California is the nation’s second-hardest state to find a homeowner.My trusty spreadsheet reviewed homeownership stats from the Census Bureau for the 50 states back to 1988. The numbers show little return on decades of incentives to get Americans to live in a home they own.California is a prime exam

May in San Diego means longer days, blooming flowers, and a calendar full of can’t-miss events. This month, locals can sip bottomless mimosas at San Diego Magazine’s Brunch Bash or crack crawfish shells at Gator by the Bay. Music lovers can two-step their way through The Outlaw Festival or vibe with

On March 13, the Downtown San Diego Partnership’s annual Create the Future Awards brought together civic and business leaders to spotlight the people, projects, and initiatives shaping the future of the city’s urban core. Held as both a celebration and a fundraiser, the evening featured the debut of

In the time before classes begin at San Marcos High School (SMHS), Warrior Village Project founder Mark Pilcher drops off school supplies for wood shop teacher Chris Geldart’s class. You won’t see him schlepping laptops or books, though—instead, Pilcher’s delivery includes materials like lumber and

A bill making its way through the state Legislature seeks to push the mega Seaport San Diego project through the state-mandated environmental review process at a faster clip and would limit the California Coastal Commission’s ability to deny the project.Wednesday, the state Senate’s Environmental Qu

California’s Department of Transportation is studying data to potentially create a per-mile road charge that drivers across the state would pay.Backers say it’s worth considering because revenue collected from the primary source of funding for roads and highways — the per-gallon excise tax charged a

Chicano Federation Unity LuncheonMay 2Held at the Marriott Marquis, this annual luncheon celebrates Latino leaders and raises funds for housing, early education, and health equity across San Diego.The Avant Garde BallMay 3MCASD throws its first-ever Avant Garde Ball at its La Jolla campus. With “Con

By ALEX VEIGA, AP Business WriterThe average rate on a 30-year mortgage in the U.S. eased this week, though it remains close to its highest level in more than two months.Related Articles Jack in the Box launches turnaround with plan to close up to 200 locations Google’s pa

There’s only one place outside of California where you’ll spend more of your paychecks on housing.My trusty spreadsheet calculated how much typical households spend on housing expenses by reviewing a cost study from WalletHub and homeownership levels from the Census Bureau.The math shows housing exp

By ALEX VEIGA, Associated Press Business WriterSales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged prospective home shoppers.Existing home sales fell 5.9% last month from February to a seas

Maybe you’ve moved, and that antique coffee table doesn’t have the same shine to it in your snazzy new living room. Perhaps your cat has finally finished off every arm of the sofa with her claws. Or you’ve built out a Pinterest board that’s a totally different style to your current digs, and it’s ti

Maybe you’ve moved, and that antique coffee table doesn’t have the same shine to it in your snazzy new living room. Perhaps your cat has finally finished off every arm of the sofa with her claws. Or you’ve built out a Pinterest board that’s a totally different style to your current digs, and it’s ti