Southern California rent inflation grows to 5.2%, CPI says
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 it
Prebys Foundation buys Wells Fargo Plaza tower to uplift downtown San Diego
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 Pla
What’s more volatile: Stocks or California home prices?
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’s
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