San Diego home price gains continued to slow in April and came close to negative territory. The San Diego metropolitan area’s home price increased 1% annually, said the S&P Case-Shiller Indices report for April released Tuesday. It was part of a nationwide slowdown that has seen prices drop in some

Why so few home sales in Southern California counties? Well, renters in Orange and Los Angeles counties enjoy the nation’s fourth-largest savings between what landlords charge and the cost of financing a house purchase. My trusty spreadsheet reviewed a study by Zillow that estimated everyday rent pr

The lender behind The Campus at Horton project is asking a local judge to immediately strip developer and property owner Stockdale Capital Partners of control of the property as it seeks to protect the asset during the foreclosure process. Luxembourg-based investment management firm AllianceBernstei

California house hunters are balking at high home prices – just like their fellow Americans. The significant difference is that the rejected homes in California happen to be far more expensive than the typical U.S. house. Please forget the “buyer’s market” vs. “seller’s market” debate that’s spun by

After a two-year pause, the city of San Diego and a private developer are seeking community input as they craft the plan for a small, downtown park on a tight budget. Last week, the Urban Innovation Division of San Diego’s Development Services Department kicked off a summer-long outreach effort for

Surging Southern California rent inflation, while national price hikes decline, suggests January’s Los Angeles wildfires may be costing local tenants. My trusty spreadsheet looked at rent costs as tracked by three local Consumer Price Indexes – Los Angeles and Orange counties, the Inland Empire and

One of San Diego’s oldest companies announced Wednesday it will be purchased by a Florida-based investment firm. Guild Mortgage, based in San Diego since its 1960 founding, has agreed to sell all remaining shares of its company for $1.3 billion to Florida-based Bayview Asset Management. Guild had be

For the first time in almost two years, San Diego home prices didn’t increase. The median home price in San Diego County was $900,000 in April, flat year-over-year, said Attom Data Solutions. The last time the median, a combination of all closed sales of single-family houses, townhouses and condos,

The developer behind The Campus at Horton project is teasing a forthcoming resolution with its lender and a flashy new plan for the shuttered Horton Plaza Park — even as it stares down a forced sale of the property more commonly known as Horton Plaza, is in breach of contractual obligations with the

You’d need to earn $154,200 annually to comfortably finance the purchase of the typical San Diego County condo. How did we establish that budgetary standard for what’s arguably the “bargain” homeownership option? Well, my trusty spreadsheet looked at monthly pricing data from Attom, which tracks clo

A local architect coalition has given awards for the restoration of Balboa Park’s Botanical Building, an office in Tijuana, a project at MiraCosta College and more. The San Diego branch of the American Institute of Architects, or AIA, has been giving out awards annually for what it feels are the bes

The man who claimed to be disrupting the backyard housing industry — securing financing, permits and building granny flats across San Diego County, before collecting millions of dollars without doing the work — is now seeking federal protection from his many creditors. Jose Frausto, the founder and

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