Average rate on a 30-year mortgage holds steady at lowest level in nearly 10 months

By ALEX VEIGA, Associated Press The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who have been held back by stubbornly high home financing costs. The long-term rate was unchanged from last week a
Read MoreUS home sales rose in July as mortgage rates eased a bit and home prices grew more slowly

By ALEX VEIGA, Associated Press Business Writer Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the market in over five years. Related Articles Cracker Barrel unveils a new
Read MoreDecaying California Theatre must be sold or demolished

The abandoned, 98-year-old California Theatre building at the corner of Fourth Avenue and C Street in downtown San Diego must be sold by the end of next year or razed shortly thereafter, per the terms of a just-announced legal settlement. On Wednesday, the City Attorney’s Office announced that the c
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There’s a good chance a home purchased in San Diego County last year is now worth less. The median home price was $900,000 in June, according to Attom Data Solutions, which combines sales of single-family homes, townhouses and condos. It’s down $15,000 from the same time last year and marks the four
Read More 5 of San Diego’s Best Libraries to Explore

From sun-soaked beaches to towering stacks of books, San Diego offers no shortage of places to get wonderfully lost. While card catalogs and call numbers may be a thing of the past, the city’s libraries remain true gems—welcoming spaces to escape, explore, and discover something new, all for free. H
Read MoreThis could be downtown San Diego’s biggest apartment complex. Almost all of it is affordable housing

A developer is seeking approval for the first phase of a massive 1,000-unit residential complex that would be the biggest in downtown San Diego. The Mirka 1000 complex would fit on a 2.1-acre triangle lot on National Avenue between Commercial and 16th streets. It is about two blocks from Padres Tail
Read More16 Things to Do in San Diego This Weekend: August 20–24

The dog days of summer have technically passed, but with plenty of toasty days on the way, consider spending some time outside this weekend. Bike the Bay offers a morning cycle around the San Diego Bay and over the Coronado Bridge, and the Padres will take on the Dodgers in a three-game grudge match
Read MoreLender takes back Campus at Horton property in downtown San Diego

Seven years after buying the once iconic Horton Plaza mall in the heart of downtown, developer Stockdale Capital Partners has lost control of the property that it refashioned into a mixed-use office campus called the Campus at Horton. On Monday, the unfinished campus property went back to Stockdale’
Read MoreWhat to Know About the Multibillion-Dollar Midway Rising Project

When the filmmaker Cameron Crowe needed a stadium to look like it was from the 1970s for his 2000 movie Almost Famous, he turned to his hometown. He filmed the scene in which protagonist William Miller meets the rock band Stillwater for the first time at Sports Arena Stadium (now called Pechanga Are
Read MoreRemember the ’90s! 2008 wasn’t California’s only housing crash

“This isn’t 2008!” It’s a common refrain from real estate gurus when talking about the fragility of California’s housing market. Well, housing and economic conditions today may not be exactly like 2008 – shorthand for the financial disaster that popped that decade’s real estate bubble, creating the
Read MoreJust 15% of Californians can afford a home vs. 34% nationally

Shrinking affordability isn’t just a California problem. That’s what you see from my trusty spreadsheet’s comparison of the California Association of Realtors’ affordability report for the second quarter of 2025 vs. the numbers from the same period in 2022. Yes, the required income to buy California
Read MoreSD Besties: 10 Stories of Locals Meeting Their Forever Friends

Finding forever friends can be a lot like dating—if not harder, since there are few platonic equivalents for “I think you’re a hottie; can I take you out sometime?” You’re looking for a person who just gets you, who makes you feel safe to be yourself. Someone you can laugh and dream and travel and e
Read MoreIrvine Company adding hundreds of apartments to University City office campus

Southern California real estate giant Irvine Company plans to raze two, 1980s-era office buildings to make room for hundreds of apartments and turn its University City office campus opposite a major mall into a mini neighborhood. The company announced last month that it will redo the western portion
Read MoreSports Illustrated Debuts First-Ever Women’s Games in San Diego

Women’s sports are having a moment across the nation. Indiana Fever point guard Caitlin Clark and Chicago Sky forward Angel Reese are dominating the WNBA, the US women’s Olympic gymnastics team earned 10 medals at last year’s Paris Games, and American swimmer Katie Ledecky continues to smash records
Read MoreAt Women-Focused RAGEher, Anger Is What It’s All About

I’m on all fours in a dark room, throat tight, body heaving, panting like an animal. My hair sticks to my sweat-soaked face, covering my eyes. All around me, like a scene from some ancient pagan ritual, women howl, curse, bawl, their bodies shaking in feral agitation. This is RAGEher, and we’re only
Read MoreWorth The Wait: The Last Wexler, $6.6M

In over six decades of architectural practice—Donald Wexler (FAIA, 1926-2015)—had a profound influence on what we now admire as Desert Modernism. Starting with a brief stint at Richard Neutra’s office in L.A., Wexler moved to Palm Springs to embark on a career that would encompass public commissions
Read MoreAverage rate on a 30-year mortgage drops to lowest level since October

By ALEX VEIGA, AP Business Writer MCLEAN, Va. (AP) — The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly 10 months, giving prospective homebuyers a sorely needed boost in purchasing power that could help inject life into a stagnant housing market. Related Article
Read MoreAntsy about California housing? The worry isn’t foreclosures

Perhaps the best news for California’s ailing housing market is that mortgage problems remain below historical norms. That’s what my trusty spreadsheet review found in bill-payment data for consumers from the Federal Reserve Bank of New York. The research is based on a sample of individuals with cre
Read MoreSpecial Activations at the Del Mar Wine + Food Fest’s Grand Tasting Event

Slip into the moment: You’re strolling through Surf Sports Park in the fall outfit you’ve been dying to wear, maybe even snagging some handmade jewelry with rare natural gemstones from Timka Jewelry while sipping locally made hard kombucha and snacking on Michelin-starred must-try meals from San Die
Read MoreHomeowners turn to cash-out refinancing to take advantage of big gains in home equity

By ALEX VEIGA, AP Business Writer Homeowners are cashing in on years of home equity gains, even as mortgage rates remain elevated. The trend sent cash-out home refinancing activity to a nearly three-year high in the April-June quarter, according to data from home loan data tracker ICE Mortgage Techn
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