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The Current

  • San Diego, Southern California to see modest rent hikes by 2026, study says

    San Diego, Southern California to see modest rent hikes by 2026, study says,Jeff Collins

    Tenants still can expect to pay more for their apartments over the next two years, although rent hikes will be modest compared with double-digit percentage jumps during the pandemic, a recent forecast said.Rents are expected to rise $133 per month in San Diego County by mid-2026, and between $110 an

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  • San Diego falls to No. 8 in home price growth. Here’s where prices are gaining the most

    San Diego falls to No. 8 in home price growth. Here’s where prices are gaining the most,Natallie Rocha

    San Diego County’s home price gains continue to decline — a sharp contrast to the start of 2024 when the region led the nation in growth.The San Diego metropolitan area’s home price increased 4.7% annually in September, according to the S&P Case-Shiller Indices report released Tuesday. That’s a perc

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  • California affordability fixes: 3.5% loans, 50% raises, or 33% home-price cuts?

    California affordability fixes: 3.5% loans, 50% raises, or 33% home-price cuts?,Jonathan Lansner

    Dramatic change would be required to fix California’s homebuying affordability mess.My trusty spreadsheet compared home-price increases with income growth for 10 large California metropolitan areas using housing indexes by ICE, a mortgage-tech firm, and pay stats from the US Bureau of Economic Analy

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  • Temecula’s wine country hits baby boomer skid as more vineyard owners opt to sell

    Temecula’s wine country hits baby boomer skid as more vineyard owners opt to sell,Pat Maio

    BJ Fazeli and his wife Wendy were floating down the Douro River in a tour boat in Portugal’s wine country on a warm summer evening in 2023.While sipping wine and gazing at terraced vineyards along the river, his wife of 45 years popped the question: “What is your exit plan for the winery?”His 67-yea

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  • Fight over Midway District’s height limit not over yet

    Fight over Midway District’s height limit not over yet,Jennifer Van Grove

    A year after the city appeared victorious, the battle over building heights in San Diego’s Midway District rages on in appellate court.In recent weeks, environmental group Save Our Access and the city of San Diego have sparred in opening briefs filed with California’s Fourth District Court of Appeal

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  • Home insurance reform urgently needed in California, watchdog says

    Home insurance reform urgently needed in California, watchdog says,Jeff Collins

    California’s home insurance market needs urgent reforms to halt the exodus of insurers from California and to stem skyrocketing costs for coverage, a state watchdog said.For example, the state should allow insurance companies to use computer models and incorporate their own “re-insurance” costs in c

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  • Look inside: A Del Mar mansion on sale for $75 million

    Look inside: A Del Mar mansion on sale for $75 million,Phillip Molnar

    A newly built home on San Diego County’s most exclusive strip of land has an eye-popping price tag.A new beachfront mansion at 2920 Camino Del Mar was listed last week for $75 million. It is a few houses down from Bill Gates’ $43 million home, and a property purchased by private-equity billionaire E

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  • Bank takes back 600 B Street office tower in downtown San Diego

    Bank takes back 600 B Street office tower in downtown San Diego,Jennifer Van Grove

    A symbol of downtown San Diego’s faltering central business district, the 24-story office tower at 600 B St. has gone back to its lender after a monthslong foreclosure process.Late last month, Western Alliance Bank took back the building from former owner Rockwood Capital through a forced sale trigg

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  • Gen Z and millennials offer up housing solutions for San Diego, Tijuana

    Gen Z and millennials offer up housing solutions for San Diego, Tijuana,Phillip Molnar

    New lockers for San Diego’s homeless, a community-oriented neighborhood next to the Amazon warehouse in Tijuana and other ideas won awards at a design competition this week.Forty-eight proposals were submitted for a housing design challenge Tuesday at the World Design Policy conference in downtown S

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  • San Diego No. 4 in U.S. for most $1M homes

    San Diego No. 4 in U.S. for most $1M homes,Phillip Molnar

    There are more millionaires in San Diego, at least on paper, than you might think.In San Diego County, 35% of homes were valued at $1 million or more in 2023, said a new study from mortgage website LendingTree. That was up from 23% in 2022.The San Diego metro area now ranks fourth in the nation for

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