• Southern California rent increases after LA wildfires, outpacing US,Jonathan Lansner

    Southern California rent increases after LA wildfires, outpacing US

    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 S

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  • San Diego’s Guild Mortgage to be sold in $1.3 billion deal,Phillip Molnar

    San Diego’s Guild Mortgage to be sold in $1.3 billion deal

    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 been

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  • San Diego home prices flat for the first time in 2 years,Phillip Molnar

    San Diego home prices flat for the first time in 2 years

    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, d

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