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

San Diego average rents are essentially flat, or dropping in some cases, as the apartment construction boom continues. Average rent in San Diego County in early May was $2,520 a month, rising 0.3% over the past year, said real estate tracker Costar. That was lower than the nationwide increase of 1.1

California’s population is blossoming in places where the lifestyle appeals to a younger, cost-conscious, family-oriented audience. It’s not rocket science. Let me explain by starting with the latest population tally from the state Department of Finance. It shows California with 39.5 million residen

Citing an economic climate hostile to hotel development, the developers looking to remake the former Navy property at 1220 Pacific Highway now have until December to advance a project that centers around an entertainment venue on a portion of the waterfront site. On Tuesday, Port of San Diego commis

Southern Californians seeking an apartment deal are finding this chore is getting tougher. My trusty spreadsheet reviewed April’s rent report from ApartmentList for the 250 largest U.S. cities, including 32 from Southern California. ApartmentList combines pricing patterns for all-sized rentals from

Looking to engineer a renaissance of downtown San Diego’s core, a well-heeled philanthropic organization and its partners are going public with an ambitious vision for six blocks of city-owned real estate that they believe community leaders can rally around. Tuesday, Philadelphia-based real estate c

Zillow has broken from the pack to say San Diego County home values could decrease over the next year. Home values in San Diego County will drop 1.1% by March 2026, Zillow said in its latest Home Value Index. While the decrease is small, it’s notable because no other major forecasters have said home

By Tim Henderson, Stateline.org More new apartments were built in 2024 than in any other year since 1974, but the Trump administration’s tariffs and deportations of potential construction workers, plus higher interest rates, could be a wet blanket on the boom. Related Articles Average rate on a 30-y