By ALEX VEIGA, AP Business Writer The average rate on a 30-year mortgage in the U.S. eased this week, though it remains close to its highest level in more than two months. Related Articles Paying for a remodeling job: Tap home equity line or investments? California consumer confidence rises slightly

There’s only one place outside of California where you’ll spend more of your paychecks on housing. My trusty spreadsheet calculated how much typical households spend on housing expenses by reviewing a cost study from WalletHub and homeownership levels from the Census Bureau. The math shows housing e

By ALEX VEIGA, Associated Press Business Writer Sales of previously occupied U.S. homes slowed in March, a sluggish start to the spring homebuying season as elevated mortgage rates and rising prices discouraged prospective home shoppers. Existing home sales fell 5.9% last month from February to a se

San Diego’s average new apartment size is now 827 square feet, a 16% reduction over a decade, said a new study from RentCafe. It is the eighth largest drop in the nation out of 100 cities. America’s Finest City has limited space for residential building, making the reduction a function of reality. H

There have been innumerable ups and downs in the history of homebuying across Southern California. The San Diego Union-Tribune along with 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 cl

A landmark dining and retail center on San Diego’s waterfront that has struggled with tenancy since its opening is on the cusp of new ownership. Commercial real estate investment firm LBX Investments LLC is in the process of acquiring the leasehold for The Headquarters at 789 W. Harbor Drive from cu

San Diego County’s home price continued to rise in February but was still off from its peak. The median home price was $886,500 in February, according to an Attom Data Solutions report released Thursday, up $20,000 from the previous month. The median, a combination of all closed sales of single-fami

San Diego voted Tuesday to ban software that it says is being used to illegally raise residential rents. The city council targeted software used by Texas company RealPage, which has been in federal crosshairs since August when the Biden administration filed an antitrust lawsuit against it. The Justi

Southern California tenants are seeing rent inflation rising once again. My trusty spreadsheet looked at the rent slice of the Consumer Price Index for March in three local markets: Los Angeles and Orange counties, the Inland Empire, and San Diego County. This rent metric is different than most as i

A San Diego-based private foundation with more than a billion dollars in assets is putting its financial weight behind buoying the most troubled sector of the downtown real estate market. On Friday, Prebys Foundation purchased the 24-story office building at 401 B St., better known as Wells Fargo Pl

The recent wild ups and downs of stock prices may offer some comfort to those who prefer the somewhat more serene history of California home values. To see how the plot twists on Wall Street compare with swings in real estate, my trusty spreadsheet looked at histories of stocks (the Standard & Poor’

A proposal for “urgency ordinances” to protect people living in rentals passed on a 3-2 vote Wednesday after the Oceanside City Council reached a compromise on some of the provisions. One of the new ordinances could cap rent increases at a maximum of 5% annually, or up to 8% annually in the case of

California real estate fans should keep a keen eye on Wall Street’s wild gyrations. Share prices across the world have been pummeled in recent days by economic doubts raised by tough trade talk from the Trump administration. And while short-term stock volatility is not always tied to business fundam

Talked about at a high level for years, the future of the Del Mar Fairgrounds may actually come into focus over the next two years with the state institution that owns the land now laying the groundwork to complete a new master plan for its expansive real estate by 2027. Earlier this month, the 22nd

The owner of the recently remodeled, 20-story office tower at 550 West C St. has surrendered the building to its lender, signaling that downtown San Diego’s depressed office market is still reeling from a pandemic-fueled shift in how companies operate. On Friday, asset management firm Barings took b