Mortgage rates hit their highest point this year, 7.52 percent for a 30-year, fixed rate loan, this week.San Diego home prices have continued to increase and went up the fastest in the nation in December and January, said the S&P Case-Shiller Indices.Some experts have said the limited number of home

A property formerly owned by hotel developer Doug Manchester sold for $35 million this week — making it La Jolla’s biggest-ever sale. The more than 30-acre property at 7007 Country Club Drive beats the previous biggest La Jolla sale by more than $10 million. The purchasers of the property were an in

San Diego County will consider subsidizing the Midway Rising project in order to make possible the construction of thousands of rent-restricted apartments on the city’s sports arena site in the Midway District.Wednesday, the San Diego County Board of Supervisors voted unanimously to study the prospe

San Diego had the fastest rising home prices in the nation for a third month. The San Diego metropolitan area’s annual home price increased 11.4 percent annually in February, according to the S&P Case-Shiller Indices report released Tuesday. It was followed by Chicago and Detroit, both up by 8.9 per

Q. I am a sitting board member for our HOA and we are coming up next week with our annual board election and a possible change of president (which is badly needed). As of right now, we have only three board members present out of five due to one moving away and another just resigned.Our sitting pres

San Diego County’s median home price hit a record high of $865,000 — despite rising mortgage rates. The median price was up 9.5 percent in a year in March, said CoreLogic data released Monday and up from the previous peak of $850,000 in November. San Diego County was part of a trend of rising home p

It’s playoff season for basketball and hockey with sports fans glued to the big matchups.But that kind of emotion and energy isn’t just limited to athletic contests. For example, there are plenty of big real estate battles brewing across California this spring.Now, the property game rarely has clear

In the Westside’s Mar Vista neighborhood, the Mexico City based architect Pablo Pérez Palacios of Pérez Palacios Arquitectos Asociados has designed a serene, yet visually challenging, new home unlike anything seen in Los Angeles. Finished in concrete and paying homage to great minimalists like Luis

San Diego International Sports Arena, the imposing concrete venue in the Midway District and the longtime home of the San Diego Gulls, is worthy of special recognition ahead of its expected demolition.On Thursday, San Diego’s Historical Resources Board voted unanimously, with Chair Tim Hutter recuse

Moving can be such a pain. A San Diego AI startup company just announced a deal with a major moving company to help make the process easier.The startup, Yembo, uses AI to analyze videos of people’s homes before they hire a mover. Moving companies then use the information gathered by Yembo to produce

Construction started Wednesday on one of San Diego’s most expensive subsidized housing developments in its history. The $98 million Cuatro development in City Heights, taking up four buildings, will have rent-restricted units for extremely low-income residents earning 30 percent to 60 percent of are

On the same day investor Douglas Hamm paid more than $13 million for the abandoned warehouse that San Diego Mayor Todd Gloria wants to lease for 35 years, Hamm borrowed more than $17 million from a private lender in El Segundo.According to county property records, companies owned by Hamm took out a

Q: Our HOA ballot package for the board election included three candidate statements that endorsed themselves as a slate, one of whom also criticized their opponent. In the past, candidate statements included bios, qualifications, and what they had done or will do, but did not mention opponents or e

Built in 1966, the San Diego International Sports Arena slated to be razed in a proposed redevelopment plan is historically significant for its contribution to the region’s economic growth after World War II, its association with a big name in the local sports industry and its New Formalism architec

Unibail-Rodamco-Westfield has started construction on an all-new wing of luxury shops and destination eateries designed to further elevate the status of its flagship Westfield UTC property in University City.Thursday, the French firm announced the expansion project, which will introduce 50,000 squar

Q: I came across an article in which you answered a question about election by acclamation. There is a lot of information on the internet about acclamation, but one item does not seem to be answered. Perhaps you can assist. Once a board determines/votes to elect candidates by acclamation at an open

Has Southern California’s housing market awoken from its lengthy slumber?My trusty spreadsheet, peeking at February’s CoreLogic sales stats — the most recent available — found these record-setting nuggets …Sales: The 12,430 transactions completed in the six-county region — involving existing and new

San Diego has formally cut ties with the real estate developer proposing to convert the empty office tower at 101 Ash St. into a residential building.Thursday, the city informed developer Reven Capital in a letter delivered via email of its decision to end negotiations, citing an impasse on terms in

San Diego rent growth skyrocketed during the pandemic but now appears to have come back down to earth and — depending where you live — there might be a deal to be had. The average monthly rent in the first quarter was $2,402, said real estate tracker CoStar, up 0.6 percent in a year. That’s at the s

San Marcos recently approved a new 119-unit apartment complex on a piece of land that had been vacant for decades. The roughly $35 million Capalina Apartments complex is expected to break ground in the fall and take about 18 months to build. It is the city’s first new apartment project in more than