Yes, California’s housing market is erratic, as only two states have experienced more volatility during the past half-century.My trusty spreadsheet eyeballed price indexes from the Federal Housing Finance Agency dating to 1975 to get a long-running look at real estate swings for the 50 states and th

Once a bedrock of the Port of San Diego’s value system, the agency’s commitment to diversity, equity and inclusion has quietly shifted in recent months to a philosophy that promotes belonging.In October, the port formally renamed its DEI team the Culture of Belonging team, a spokesperson said. Then,

San Diego home prices rose at the end of the year to rank among the top home markets in the nation.In December, the San Diego metropolitan area’s home price increased 5.51% annually, said the S&P Case-Shiller Indices report released Tuesday. The highest gains in the 20-city index were in the New Yor

A 1970s hotel near Liberty Station that fell on hard times has sold for $17.4 million to make way for new housing.The 110-room Consulate Hotel, built in 1971, was purchased by Encinitas-based Ambient Communities, which said it plans to turn it into market-rate and student housing.The hotel, at 2901

Young San Diegans with dreams of homeownership might need to brush up on country music.Nashville had the highest percentage of homeowners under 30 years old at the end of last year, said a new study from mortgage website LendingTree. Compare that to the San Diego metropolitan area, which was close t

Home prices weakened across Southern California as 2025 started, with only one local market – Orange County – showing rising prices in January.My trusty spreadsheet examined intriguing indexes from First American Data & Analytics, which tracks four local housing markets. These yardsticks follow over

San Diego secured a partial victory in the courtroom battle contesting the city’s pending sale of an East Village parking lot known as Tailgate Park to a development team led by the San Diego Padres.Last week, San Diego Superior Court Judge Katherine Bacal ruled against nonprofit Project for Open Go

Here is a sliver of good news for Southern California house hunters: The typical income required to buy a home dipped modestly in four of the six local counties last year.My trusty spreadsheet reviewed California Association of Realtors affordability stats, comparing fourth-quarter figures with year

Rents at San Diego’s newest luxury apartment building, Folia, rival a mortgage payment.The 342-unit Folia complex at 12520 Camino Del Sur opens this month and already is one of the most expensive apartment buildings in San Diego County. It is located on the edge of  Carmel Valley, northeast of Sorre

What will it take to get house hunters in a buying mood again?My trusty spreadsheet examined a host of federal and industry real estate and economic stats from the past 50 years to help explain the incredibly low number of homes bought nationwide.Consider that in 2023-24, Americans bought 9.5 millio

The lender behind developer Stockdale Capital Partners’ Campus at Horton conversion project in the heart of downtown San Diego has started the foreclosure process to recoup $351.2 million in unpaid debt.On Feb. 6, Beacon Default Management, Inc., acting as trustee for Luxembourg-based investment com

Not even a rent slowdown can stop San Diego’s apartment building boom.Around 4,000 new apartments are set to open in 2025, coming near or matching totals in the past few years, which were also big for multifamily building. Unlike past eras of construction, the growth isn’t limited to one area — proj

The shuttered Costa Verde Center, which takes up 13.9 acres just opposite Westfield UTC in University City, has a new owner with a different vision for the former strip mall that likely features housing as a primary use.On Jan. 31, a newly registered limited liability company affiliated with real es

Southern California’s construction workforce was at 98% of its peak staffing in December – a high level of employment that suggests rebuilding from wildfire damage faces a skills gap.Construction bosses employed 479,900 workers in December in Los Angeles, Orange, Riverside, San Bernardino, San Diego

One of the nation’s top homebuilders is considering building a multi-family housing project on at least a portion of recently acquired industrial land in Scripps Ranch just east of the neighborhood high school.On Dec. 20, Scripps Ranch Community Partners LLC, a newly created entity linked to Shea Ho

Downtown San Diego’s largest apartment complex has sold for $309 million.The 718-unit Park 12 complex, which completed construction in 2019, is next to Petco Park and gets a showcase every San Diego Padres home game as it towers over the eastern half of the ballpark.Park 12’s sale is the second-larg

A 6-year-old life science real estate developer has boosted its San Diego portfolio with the recent purchase of a renovated three-building research campus in the most esteemed corner of San Diego’s science sector.Los Angeles-based Breakthrough Properties purchased the 186,000-square-foot Muse facili

A multi-family housing developer has purchased an empty office building in one of San Diego’s key employment hubs with the expressed intent of creating hundreds of apartments in an area where there are none currently.In late December, Dallas-based JPI bought the 3.65-acre site at 9444 Waples St. in

In an effort to avoid lopsided real estate deals like the one for 101 Ash St. that has cost taxpayers hundreds of millions for a building that still cannot be safely occupied, the City Council on Monday revised the way San Diego will approve future property leases and acquisitions.Council members un

San Diego has fallen from its perch as one of the fastest rising home markets.In November, the San Diego metropolitan area’s home price increased 4.45% annually, said the S&P Case-Shiller Indices report released Tuesday. The highest gains in the 20-city index were in the New York metro area, at 7.32