U.S. home sales hit a 10-year low
The last time the U.S. housing market was this slow, “Fifty Shades of Grey” topped the box office and “Uptown Funk” was the No. 1 song.To get a broader glimpse into the nation’s housing market, my trusty spreadsheet reviewed a slightly different set of home sales figures created for the Southern Cal
Read More10 Must-See Artists at San Diego’s Wonderfront Music Festival 2025
The fourth annual Wonderfront Festival returns to San Diego’s Embarcadero Marina from May 16–18 this year. Since launching in 2019, the festival has grown steadily—bringing bigger names, wider audiences, and more reasons for San Diego music lovers to celebrate.Its inaugural year featured Slightly St
Read MoreCalifornia jumps to world’s No. 4 economy. Can that last?
California in 2024 claimed the world’s fourth-largest economy, by some curious math.Whether the state remains at this high, bragging-rights perch is very much in doubt.California businesses produced $4.1 trillion worth of goods and services in 2024, according to the latest gross domestic product est
Read MoreA Compound In Echo Park To Call Your Own, $2.3M
The Star Residence—a Post + Beam classic originally designed in 1956 by USC educator and architect William Mann—has been immaculately rescripted by developer/designer Andreas E. G. Larsson of HabHouse, noted for his sensitive and exemplary restoration of previously overlooked properties by architect
Read MoreHomeownership further out of reach as rising prices, high mortgage rates widen affordability gap
By ALEX VEIGA, AP Business WriterLOS ANGELES (AP) — Homeownership is receding further out of reach for most Americans as elevated mortgage rates and rising prices stretch the limits of what buyers can afford.A homebuyer now needs to earn at least $114,000 a year to afford a $431,250 home — the natio
Read MoreSan Diego Neighborhood Guide: Encinitas
Defined by its beach culture, the North County neighborhood of Encinitas is known for its optimal surf conditions, laid back vibe, and six miles of coastline. In its downtown located along Highway 101, you’ll find eclectic restaurants, beach-inspired shops, and historic architecture, flanked by the
Read MoreCalifornia home sales tumble below Great Recession low for 21 months
Call it what you want, but California’s homebuying pace remains below the Great Recession’s bottom.My trusty spreadsheet reviewed a new set of home sales figures created for the Southern California News Group by real estate tracker Attom. These broad-based statistics track closed transactions by mon
Read MoreAverage rate on a US 30-year mortgage eases to 6.76%, its second straight weekly decline
By ALEX VEIGA, AP Business WriterThe average rate on a 30-year mortgage in the U.S. eased again this week, modest relief for prospective home shoppers during what’s traditionally the busiest time of the year for the housing market.Related Articles US robot makers hope to beat China in huma
Read MoreDeveloper remaking Sorrento Mesa buildings into office condos
Two 1980s-era office buildings in Sorrento Mesa previously slated for demolition will instead be repurposed as office condominiums by a developer looking to try something different in a depressed commercial real estate market.Los Angeles-based Abington Emerson Investments LLC has filed an applicatio
Read MoreWill California’s low homeownership ever get fixed?
How can California improve its lowly homeownership rate? Maybe build fewer apartments.That’s a novel conclusion I drew from my trusty spreadsheet’s look at homeownership stats weighed against building permits data dating back to 1988 for the 50 states.The math shows that residential construction is
Read More16 Things to Do in San Diego This Weekend: April 29–May 4
Food excursions, springtime festivals, and gearhead gatherings are among the many things to do this weekend, but the events don’t stop there. San Diegans can ring in Asian American and Pacific Islander Heritage Month with the opening of Thumbprint Gallery’s AAPI Exhibition and a collaborative market
Read MoreKnotty Barrel Owners Opening Upper East in Escondido
James Thorp has done the bar and restaurant song-and-dance in downtown San Diego. He’s done it in Pacific Beach. He’s been all over San Diego, working in hospitality for decades. And this May he’s headed to Escondido with his latest project, Upper East (155 E. Grand Ave).Thorp says Upper East will b
Read MoreSan Diego home price gains slow compared to rest of U.S.
San Diego home prices are still rising but at the slowest rate in years.In February, the San Diego metropolitan area’s home price increased 2.75% annually, said the S&P Case-Shiller Indices report released Tuesday. That’s the smallest increase since summer 2023 when rising mortgage rates sent a shiv
Read MoreSan Diego homebuying history: 21 twists you should know
There have been innumerable ups and downs in San Diego County’s history of homebuying across Southern California.The Southern California News Group will now be chronicling home sales and pricing swings using data from a new provider, Irvine-based Attom. The company tracks closed transactions for exi
Read MoreCalifornia is next-to-last in homeownership
California is the nation’s second-hardest state to find a homeowner.My trusty spreadsheet reviewed homeownership stats from the Census Bureau for the 50 states back to 1988. The numbers show little return on decades of incentives to get Americans to live in a home they own.California is a prime exam
Read MoreThings to Do in San Diego This Month: May 2025
May in San Diego means longer days, blooming flowers, and a calendar full of can’t-miss events. This month, locals can sip bottomless mimosas at San Diego Magazine’s Brunch Bash or crack crawfish shells at Gator by the Bay. Music lovers can two-step their way through The Outlaw Festival or vibe with
Read MorePhotos: Downtown San Diego Partnership’s 2025 Create the Future Awards
On March 13, the Downtown San Diego Partnership’s annual Create the Future Awards brought together civic and business leaders to spotlight the people, projects, and initiatives shaping the future of the city’s urban core. Held as both a celebration and a fundraiser, the evening featured the debut of
Read MoreTimeless Desert Minimalism By Jill Lewis, $10M
Palm Springs has a great tradition of its own Desert Modernism, and Jill Lewis, of the eponymous San Francisco/Palm Springs-based architectural design firm, has brought a timeless synthesis of classic International Style to a boulder-strewn landscape at the foot of the San Gabriel Mountains. Unlike
Read MoreLocal High School Students Build Tiny Houses for Homeless Veterans
In the time before classes begin at San Marcos High School (SMHS), Warrior Village Project founder Mark Pilcher drops off school supplies for wood shop teacher Chris Geldart’s class. You won’t see him schlepping laptops or books, though—instead, Pilcher’s delivery includes materials like lumber and
Read MoreSeaport San Diego developer asks state lawmakers to expedite environmental review process
A bill making its way through the state Legislature seeks to push the mega Seaport San Diego project through the state-mandated environmental review process at a faster clip and would limit the California Coastal Commission’s ability to deny the project.Wednesday, the state Senate’s Environmental Qu
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