• 29% fewer California homes sold. Is the Fed to blame?

    29% fewer California homes sold. Is the Fed to blame?,Jonathan Lansner

    California homebuying hasn’t been the same since the Federal Reserve’s war on inflation began three years ago.That’s what my trusty spreadsheet found in the March homebuying report from Attom, which tracks the closed sales of existing residences and new construction, both houses and condos, dating t

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  • Mission Valley’s Hazard Center is getting a new name, look and vibe

    Mission Valley’s Hazard Center is getting a new name, look and vibe,Jennifer Van Grove

    The Hazard Center shopping center and office complex in the center of Mission Valley is getting a new name and a retail-focused facelift with the property’s new owner seeking to refashion the neglected site into a trendier destination.Los Angeles-based BH Properties, which bought the property in Aug

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  • Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February

    Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February,Associated Press

    By ALEX VEIGA, AP Business WriterThe average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for home shoppers that threatens to slow sales further this spring homebuying season.Related Articles Mission Valley’s Hazard Center is g

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  • April home sales slow with high mortgage rates, prices, putting chill into spring buying season

    April home sales slow with high mortgage rates, prices, putting chill into spring buying season,Associated Press

    By ALEX VEIGA, Associated Press Business WriterSales of previously occupied U.S. homes fell in April, as elevated mortgage rates and rising prices discouraged prospective homebuyers during what’s traditionally the busiest time of the year for the housing market.Existing home sales dropped 0.5% last

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  • ‘Look out for a slowdown’: San Diego home sales slump despite more listings

    ‘Look out for a slowdown’: San Diego home sales slump despite more listings,Phillip Molnar

    San Diego home prices were up slightly in March but at a pace new homeowners might not be thrilled with.The median home price in San Diego County was $900,000 in March, up 1.1% from the previous month, said an Attom Data Solutions report released this week. The median, a combination of all closed sa

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  • Californians are late paying 18% of their student loans

    Californians are late paying 18% of their student loans,Jonathan Lansner

    Despite the financial stress of Golden State life, Californians are relatively good at paying bills compared with the rest of the nation.Take student loans. In the first quarter of 2025, 18% of California student loans were late.That may seem like a stunningly high rate of skipped payments, but it’s

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  • 16 Things to Do in San Diego This Weekend: May 21–26

    16 Things to Do in San Diego This Weekend: May 21–26,Cole Novak

    Got plans for your three-day weekend? How about a show? From University Heights to Oceanside, there will be new theater productions popping up all over the map this Saturday, such as the playful comedy Merry Me at the Diversionary Theatre, Oceanside Theatre Company’s funny and informative Latino His

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  • 17 Things to Do in San Diego This Weekend: May 21–26

    17 Things to Do in San Diego This Weekend: May 21–26,Cole Novak

    Got plans for your three-day weekend? How about a show? From University Heights to Oceanside, there will be new theater productions popping up all over the map this Saturday, such as the playful comedy Merry Me at the Diversionary Theatre, Oceanside Theatre Company’s funny and informative Latino His

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  • The SD Musician Behind Many of Hollywood’s Biggest Soundtracks

    The SD Musician Behind Many of Hollywood’s Biggest Soundtracks,Cole Novak

    It didn’t take long for Archie Thompson to notice the guy at a table near where Thompson and his trio were playing. They were doing their usual blues and jazz gig at the old Croce’s Restaurant in the Gaslamp Quarter downtown. There was an intensity about the dude—as if he were doing some kind of eva

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  • Why more construction didn’t fix California’s high housing costs

    Why more construction didn’t fix California’s high housing costs,Jonathan Lansner

    Build it – and they will fall.We’re often told that California housing costs will dip if more residences are constructed. My trusty spreadsheet’s peek into real estate and demographic patterns, however, questions the wisdom behind construction as a significant housing-cost containment measure.You ca

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  • Father Joe’s Villages Helps Aspiring Chefs Find Culinary Careers

    Father Joe’s Villages Helps Aspiring Chefs Find Culinary Careers,Cole Novak

    For those experiencing homelessness, a career in culinary arts can potentially seem out of reach without the proper resources. Thanks to Father Joe’s Villages, a growing number of unhoused San Diegans are getting the opportunity to pursue a career in food through a new culinary program. “I spent my

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  • Inside Mini Mansions Built for Kids

    Inside Mini Mansions Built for Kids,Cole Novak

    Want to avoid raising an iPad kid? Get them a place to pretend. But options like backyard playhouses are often clunky, mass-produced plastic structures in garish red and yellow, an eyesore against a thoughtfully designed home. Jihyun Kang Butler saw the problem and set out to change it.With two youn

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  • San Diego preparing to put downtown’s old Central Library on the market

    San Diego preparing to put downtown’s old Central Library on the market,Jennifer Van Grove

    After more than two years exploring its options, San Diego is now preparing to market the empty old Central Library at Eighth Avenue and E Street for sale or lease to maximize redevelopment of the half-block, downtown property where height limits are not a constraining factor.On Thursday, San Diego’

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  • 30 Fun Things to Do on Father’s Day in San Diego

    30 Fun Things to Do on Father’s Day in San Diego,Cole Novak

    Father’s Day is an oft forgotten sequel to Mother’s Day celebrations known for lavish bouquets, decadent brunches, and bottomless mimosas. But what do dads get? A “best dad” mug, a shaving kit, or maybe a bottle of imported whiskey if you’re lucky. Let’s mix it up this year, and celebrate Dad in sty

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  • Average rate on a US 30-year mortgage rises to 6.81%, its highest level since late April

    Average rate on a US 30-year mortgage rises to 6.81%, its highest level since late April,Associated Press

    By ALEX VEIGA, AP Business WriterThe average rate on a 30-year mortgage in the U.S. edged above 6.8% this week, returning to where it was just three weeks ago.Related Articles San Diego preparing to put downtown’s old Central Library on the market Many Californians need si

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  • Many Californians need six-figure incomes to afford rent

    Many Californians need six-figure incomes to afford rent,Jonathan Lansner

    California is home to five of the eight U.S. metropolitan areas where a six-figure income is necessary to be a financially comfortable renter.My trusty spreadsheet analyzed April rent data from Zillow, which tracked the stress on household finances caused by the rising cost of being a tenant in the

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  • Up for a swim in the sky? San Diego’s highest pool completes construction

    Up for a swim in the sky? San Diego’s highest pool completes construction,Phillip Molnar

    Downtown San Diego’s newest apartment tower has an amenity that stands out: the county’s highest swimming pool.At roughly 480 feet above ground, the pool at 800 Broadway on its 40th floor makes it the highest place to do a cannonball in all of San Diego County. The luxury tower opened earlier this y

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  • 16 Things to Do in San Diego This Weekend: May 14–18

    16 Things to Do in San Diego This Weekend: May 14–18,Cole Novak

    This weekend in San Diego is filled to the brim with good eats and fun festivals. Enjoy unlimited dairy and drinks at the Cheese & Libation Expo, chow down at an LSU alumni–led seafood boil at Waterfront Park, and explore the interactive Taste San Diego exhibition at the San Diego History Center. Mu

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  • Auction date set for downtown San Diego’s Campus at Horton

    Auction date set for downtown San Diego’s Campus at Horton,Jennifer Van Grove

    The Campus at Horton in downtown San Diego is set to be auctioned off to the highest bidder next month as the project’s lender seeks to recover hundreds of millions of dollars in unpaid debt from developer Stockdale Capital Partners.On May 7, Beacon Default Management, Inc., acting as trustee for Lu

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  • State Farm gets California nod to hike homeowner policies 17%

    State Farm gets California nod to hike homeowner policies 17%,Pat Maio

    California on Tuesday approved a 17% emergency rate hike for State Farm after the state’s largest insurer made an emergency request following January wildfires that devastated two Los Angeles communities.Insurance Commissioner Ricardo Lara’s endorsement means the emergency rate hikes, a first for th

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