By ALEX VEIGA, AP Business WriterLOS ANGELES (AP) — The latest evidence that homeownership is becoming increasingly less accessible to many Americans: Sales of previously occupied U.S. homes fell last year to a nearly 30-year low for the second time in as many years.Elevated mortgage rates, a yearsl

“How expensive?” tracks measurements of California’s totally unaffordable housing market.Buzz: San Diego County house hunters face potential house payments double what they were five years ago.Source: My trusty spreadsheet tracked this yardstick of affordability by looking at its 37-year history of

San Diego County was on track for its lowest-ever home sale year as mortgage rates and prices stayed high to end the year.Through November, CoreLogic data shows 25,998 home sales. At that sales pace and with interest rates near 7% at the end of December, 2024 could take the crown for slowest year fr

Filled with theoretical promise, the mostly finished Campus at Horton is a hollow shell of what should be, by now, an employment hub and public attraction demonstrating downtown San Diego’s greatest strengths.More than six years after buying the iconic real estate, developer Stockdale Capital Partne

The images of the fires in Los Angeles stopped some Harmony Grove residents cold.Debbie O’Neill knows the stress of evacuating as fire bears down. A decade ago, she and her husband fled after they saw the flames from the Cocos fire crest a nearby hill and hurtle down toward their Harmony Grove home.

As the one-year anniversary of historic San Diego flooding nears, the county Assessor’s Office is reminding property owners affected by it to file for property tax relief ahead of the upcoming deadline on Wednesday.Flood victims who had at least $10,000 in damage to their home or commercial property

La Jolla was a jewel in the luxury buyer’s eye in 2024.Two La Jolla sales — both for $35 million — were tied for the biggest home sales of the year. Other than those sales, it was a slower year for luxury housing, which mirrored a down sales year for the whole market. The region’s biggest-ever home

Quiet for much of last year, particularly amid speculation about the prospects of its mega projects, San Diego-based life science real estate developer IQHQ appears to be taking a different tack in 2025.The firm announced last week that it raised $900 million in capital in 2024 from existing equity

How will the California economy handle the Los Angeles wildfires’ early repair estimates running between $50 billion to $150 billion?Well, much of those rebuilding funds will be from insurance. Other payments will be covered by various governments and their assistance programs. There will be charity

Southern California real estate giant Irvine Company has sold two of its downtown San Diego office towers for a fraction of what it paid for the buildings 20 years ago.In late 2024, the privately held, Orange County-based real estate company found separate buyers for the 40- and 50-year-old building

ApartmentList’s December rent highlights for 100 US metros.“How expensive?” tracks measurements of California’s totally unaffordable housing market.The pain: Despite some hopes that 2024 might be a tenant’s market, barely half of California markets surveyed by one study had falling rents.The source:

By JESSE BEDAYNDENVER (AP) — The U.S. Justice Department is suing several landlords for allegedly coordinating to keep Americans’ rents high by using both an algorithm to help set rents and privately sharing sensitive information with their own competitors to boost profits.Related Articles Swollen r

Encinitas had such a restrictive anti-housing law six years ago that the state threatened legal action.Things have changed, slowly, with new denser housing developments approved, and demand might be highest for the agriculture-themed Fox Point Farms. There are around 2,500 people on an interest list

Does your HOA board use a consent calendar as part of its regular meeting procedure? If not, your board is missing a chance to preserve meeting time and energy for agenda items requiring discussion.Board meetings lasting beyond two hours in length will tax the concentration of both directors and aud

San Diego is trying to keep a dramatic upgrade of Otay Mesa’s Brown Field on track by allowing the developer to shuffle which projects will be built first and by extending some development deadlines.City officials said the developer deserves the concessions partly because it took the city more than

Jimmy Carter’s economic legacy is cloudy, at best.The former president’s death on Dec. 29 put the performance of the business climate during his White House days between 1977 and 1980 under the microscope again.I’ll let others debate his economic policies, such as a losing battle with inflation and

San Diego home price gains have slowed compared to remarkable highs over the past few years.In October, the San Diego metropolitan area’s home price increased 4.5% 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 a

San Diego’s efforts to win an ongoing legal battle for control of Liberty Station will soon include getting appraisals for 54 separate properties within the sprawling former military base.Appraisals are often a precursor to selling a property, but city officials are actually trying to accomplish jus

“How expensive?” tracks measurements of California’s totally unaffordable housing market.The pain: California is home to 15 of the nation’s 25 costliest metropolitan areas.The source: My trusty spreadsheet reviewed the annual “price parity” report from the US Bureau of Economic Analysis, which gives

More than 700 properties are due to be sold to the highest bidder at an online auction early next year due to their owners’ failure to pay millions of dollars in taxes to San Diego County.It is the county’s biggest sale of so-called tax-defaulted properties in seven years.The Board of Supervisors ea