Pro-housing advocates say reducing San Diego’s residential lot sizes could lower home prices, and increase tax revenue for the cash-strapped city. A coalition of housing groups Friday morning said that denser developments are needed in America’s Finest City. They presented research from housing anal

California workers ended 2024 with the nation’s fifth-largest pay raises, despite sluggish job creation. My trusty spreadsheet looked at a fourth-quarter tally of workers and wages by the Bureau of Labor Statistics that’s taken from a review of employers’ unemployment insurance filings for the 50 st

A nonprofit affiliated with the San Diego Padres will soon take over the day-to-day upkeep of 22 downtown blocks surrounding Petco Park. Starting July 1, an entity known as the Ballpark District Community Partnership will be responsible for the daily security, cleanliness and enhancement of the bloc

Some luxury homes can take years to sell, and unease about the economy hasn’t helped speed up the process. San Diego County homes costing $6 million and up were taking an average 633 days to sell as of late May, according to Reports on Housing, up from 400 days last year. Homes from $4 million to $5

The prospective buyer of The Headquarters has agreed to pay $34.9 million to acquire the historically designated dining and retail center on San Diego’s downtown waterfront in a transaction that could be finalized later this week. On Friday, the San Diego Unified Port District’s board of directors w

San Diego County homebuying hasn’t been the same since the Federal Reserve’s war on inflation began three years ago. That’s what my trusty spreadsheet discovered in the March homebuying report from Attom, which tracks the closed sales of existing residences and new construction, houses and condos, d

Budget-conscious home seekers who need any whiff of hope may cheer the latest Case-Schiller national price index. The good news is that this oft-quoted yardstick of U.S. prices declined 0.3% between February and March. It’s the first monthly dip in the “seasonally adjusted” version of the index sinc

The new owner of the fenced-off Costa Verde Center just opposite Westfield UTC is working on a blueprint for the former strip mall that centers around creating a walkable neighborhood with its own main street flanked by thousands of residential units, neighborhood shops and eateries, and possibly a

San Diego home prices haven’t risen this slowly in years. In March, the San Diego metropolitan area’s home price increased 1.67% annually, said the S&P Case-Shiller Indices report released Tuesday. That’s the smallest increase since summer 2023 when rising mortgage rates, briefly, hit the brakes on

California homebuying hasn’t been the same since the Federal Reserve’s war on inflation began three years ago. That’s what my trusty spreadsheet found in the March homebuying report from Attom, which tracks the closed sales of existing residences and new construction, both houses and condos, dating

The Hazard Center shopping center and office complex in the center of Mission Valley is getting a new name and a retail-focused facelift with the property’s new owner seeking to refashion the neglected site into a trendier destination. Los Angeles-based BH Properties, which bought the property in Au

San Diego home prices were up slightly in March but at a pace new homeowners might not be thrilled with. The median home price in San Diego County was $900,000 in March, up 1.1% from the previous month, said an Attom Data Solutions report released this week. The median, a combination of all closed s

Despite the financial stress of Golden State life, Californians are relatively good at paying bills compared with the rest of the nation. Take student loans. In the first quarter of 2025, 18% of California student loans were late. That may seem like a stunningly high rate of skipped payments, but it

Build it – and they will fall. We’re often told that California housing costs will dip if more residences are constructed. My trusty spreadsheet’s peek into real estate and demographic patterns, however, questions the wisdom behind construction as a significant housing-cost containment measure. You

After more than two years exploring its options, San Diego is now preparing to market the empty old Central Library at Eighth Avenue and E Street for sale or lease to maximize redevelopment of the half-block, downtown property where height limits are not a constraining factor. On Thursday, San Diego

California is home to five of the eight U.S. metropolitan areas where a six-figure income is necessary to be a financially comfortable renter. My trusty spreadsheet analyzed April rent data from Zillow, which tracked the stress on household finances caused by the rising cost of being a tenant in the

Downtown San Diego’s newest apartment tower has an amenity that stands out: the county’s highest swimming pool. At roughly 480 feet above ground, the pool at 800 Broadway on its 40th floor makes it the highest place to do a cannonball in all of San Diego County. The luxury tower opened earlier this

The Campus at Horton in downtown San Diego is set to be auctioned off to the highest bidder next month as the project’s lender seeks to recover hundreds of millions of dollars in unpaid debt from developer Stockdale Capital Partners. On May 7, Beacon Default Management, Inc., acting as trustee for L

California on Tuesday approved a 17% emergency rate hike for State Farm after the state’s largest insurer made an emergency request following January wildfires that devastated two Los Angeles communities. Insurance Commissioner Ricardo Lara’s endorsement means the emergency rate hikes, a first for t

The annual income required to purchase a typical California house has nearly doubled over the past five years. To see how homebuying burdens have multiplied, my trusty spreadsheet compared the California Association of Realtors’ homebuying affordability report for the first quarter of 2025 with the