Latest Top (10) News

San Diego home price hits new record high: $550K

The San Diego County median home price soared to its highest point ever, $550,000, in March, said real estate tracker CoreLogic.

Home prices increased 6.8 percent in a year, which experts attribute to a lack of homes for sale and a strong economy. The previous home peak was $545,000 in June.


Mon, 23 Apr 2018 15:55:00 PDT

Fox News host Sean Hannity says he never talked to HUD about loans that helped his real estate investments

Fox News host Sean Hannity said he had no direct discussions with the Department of Housing and Urban Development regarding loans for his real estate holdings revealed in a Sunday report by the Guardian.

The Guardian reported that Hannity has investments in shell companies that have bought real...

Mon, 23 Apr 2018 10:15:00 PDT

The Manor in Holmby Hills is back on top at $200 million

The most expensive home for sale in America is still found in Los Angeles, but it’s no longer the larger-than-life mansion that debuted a year ago in Bel-Air at $250 million.

That speculative wonder of owner-developer Bruce Makowsky has returned to the Multiple Listing Service at $188 million....

Sat, 21 Apr 2018 06:00:00 PDT

Mission Valley's Civita breaks ground on low-income rentals

More low-income apartments are coming to Mission Valley’s upscale expensive Civita development.

Developers Chelsea Investment Group and Sudberry Properties broke ground on the project this weekend. The cost to build the 306-unit complex is $137.5 million, or $449,000 per unit, inside the luxury...

Wed, 18 Apr 2018 04:05:00 PDT

L.A King Dustin Brown heats up the Manhattan Beach home market

Dustin Brown and the Kings are making another run in the Stanley Cup playoffs, but away from the ice, the star right winger is making a play of a different sort: He and his wife, Nicole, have put their home in the Manhattan Beach area up for sale at $6.999 million.

Custom-built for Brown and his...

Sat, 14 Apr 2018 06:00:00 PDT

Rising interest rates sounding alarm bells for debt-laden consumers

A healthy economy can be a dangerous thing.

Americans have a history of loading up on debt in good times, then paying dearly when the bills come due. Adding to the pain: A booming economy is often accompanied by rising interest rates, which make mortgages, credit cards and other debt much more...

Fri, 13 Apr 2018 06:00:00 PDT

Another high-dollar sale in March keeps things hot in Malibu

Another blockbuster sale along the sand in Malibu paved the way for L.A. County’s highest-priced home sales for the month of March. In the Beverly Hills market, two sales tipped the scales at $22 million or more.

Here’s a larger look.

$38 million — Malibu

Hollywood film producer Joel Silver sold...

Fri, 13 Apr 2018 05:30:00 PDT

Lawsuits filed against L.A. County, lenders over green energy program

Attorneys representing homeowners filed lawsuits Thursday against Los Angeles County, alleging a county program that funds solar panels and other energy-efficient home improvements is a “plague” that’s ruined the finances of many borrowers by saddling them with loans they cannot afford.

The twin...

Thu, 12 Apr 2018 13:45:00 PDT

San Diego average rent up to $1,887, breaking record. Will it last?

The average rent in San Diego County hit a record $1,887 a month in March, increasing 8 percent in a year, said a new report released this week.

High-end apartment complexes downtown helped raise the rates substantially, especially those that opened in the last few months, according to data from...

Tue, 3 Apr 2018 17:50:00 PDT

Green Flash, awash in debt, is sold to investment firm

San Diego’s financially troubled Green Flash brewery has been sold to a group of investors following a foreclosure by the company’s principal lender, Comerica Bank.

As a result of the sale, which closed Friday, a new ownership group calling itself WC IPA LLC is taking over and making a number of...

Tue, 3 Apr 2018 14:15:00 PDT