Ocean Park Inn & PB Town Council Ocean Safety FundraiserThrough July 4Ocean Park Inn and the Pacific Beach Town Council are teaming up to raise $20,000 for rip current warning signs along local beaches. As part of the campaign, Ocean Park Inn will match all donations through July 4. Contributions su

By ALEX VEIGA, Associated PressLOS ANGELES (AP) — The latest sign of trouble in the U.S. housing market: A pickup in home purchase agreements falling through before they’re finalized.Some 6% of pending contracts to buy a home were canceled in May, down from 7% in April, but up from 5% in May last ye

San Diego is booming this July, literally. Whether it’s fireworks lighting up the bay on the 4th, the San Diego Pride Parade dancing through Balboa Park, or waterside concerts at the Shell, the city’s summer energy is in full swing. Check out Independence Day festivities, sip wine at USD’s dreamy ca

A third-party expert in distressed real estate will take control of The Campus at Horton project in downtown San Diego as developer Stockdale Capital Partners seeks to hash out a resolution with its lender over hundreds of millions of dollars in unpaid debt.On Thursday, San Diego Superior Court Judg

Downtown San Diego’s first condominium tower in eight years has started sales with a wide range of prices.Bosa Development opened sales to the public last week for its 40-story Andia tower near the Symphony Towers building on B Street. Prices at the 399-unit tower start in the high $500,000s  for a

In a decision with broad implications for victims of January’s wildfires, the state’s home insurer of last resort is on the hook to pay for smoke damage claims, according to a court ruling issued this week.The California FAIR Plan said it would likely not appeal the Tuesday decision by Superior Cour

By ALEX VEIGAThe head of the federal government agency that oversees Fannie Mae and Freddie Mac wants the mortgage giants to consider accepting a homebuyer’s cryptocurrency holdings in their criteria for buying mortgages from banks.Related Articles Federal judge orders US Labor Department

The city of San Diego is vacating its dilapidated City Operations Buildings as hundreds of municipal workers in the Development Services Department move into recently leased and improved spaces in downtown and Mission Valley.The relocation process, which has been years in the making, is underway and

No judgement if you’ve spent the last few weeks locked into Love Island every night. But if you and your couch have had a little too much quality time lately, consider spending the weekend out and about among the community. Buy a drink from one of several local independent brewers taking part in San

San Diego home price gains continued to slow in April and came close to negative territory.The San Diego metropolitan area’s home price increased 1% annually, said the S&P Case-Shiller Indices report for April released Tuesday. It was part of a nationwide slowdown that has seen prices drop in some c

By MICHELLE CHAPMAN, Associated PressReal estate brokerage company Compass has filed a lawsuit against Zillow over its policy to ban private home listings.In a filing with the U.S. District Court for the Southern District of New York, Compass claims that “Zillow has sought to rely on anticompetitive

Why so few home sales in Southern California counties?Well, renters in Orange and Los Angeles counties enjoy the nation’s fourth-largest savings between what landlords charge and the cost of financing a house purchase.My trusty spreadsheet reviewed a study by Zillow that estimated everyday rent pric

The lender behind The Campus at Horton project is asking a local judge to immediately strip developer and property owner Stockdale Capital Partners of control of the property as it seeks to protect the asset during the foreclosure process.Luxembourg-based investment management firm AllianceBernstein

California house hunters are balking at high home prices – just like their fellow Americans.The significant difference is that the rejected homes in California happen to be far more expensive than the typical U.S. house.Please forget the “buyer’s market” vs. “seller’s market” debate that’s spun by m

After a two-year pause, the city of San Diego and a private developer are seeking community input as they craft the plan for a small, downtown park on a tight budget.Last week, the Urban Innovation Division of San Diego’s Development Services Department kicked off a summer-long outreach effort for t

Surging Southern California rent inflation, while national price hikes decline, suggests January’s Los Angeles wildfires may be costing local tenants.My trusty spreadsheet looked at rent costs as tracked by three local Consumer Price Indexes – Los Angeles and Orange counties, the Inland Empire and S

One of San Diego’s oldest companies announced Wednesday it will be purchased by a Florida-based investment firm.Guild Mortgage, based in San Diego since its 1960 founding, has agreed to sell all remaining shares of its company for $1.3 billion to Florida-based Bayview Asset Management.Guild had been

For the first time in almost two years, San Diego home prices didn’t increase.The median home price in San Diego County was $900,000 in April, flat year-over-year, said Attom Data Solutions. The last time the median, a combination of all closed sales of single-family houses, townhouses and condos, d

By ALEX VEIGA, AP Business WriterMCCLEAN, Va. (AP) — The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at a time when elevated borrowing costs remain a drag on the housing market.Related Articles San Diego’s Guild Mort

“My life isn’t that interesting,” says chef Euphemia Ng. Then she starts telling her story—and quickly proves herself wrong.“I was an active 3-year-old, and my grandmother took me to the farmers market in Hong Kong every morning so my aunts could sleep in,” the Tierrasanta resident recalls. “She sho