
California home sales tumble below Great Recession low for 21 months
Call it what you want, but California’s homebuying pace remains below the Great Recession’s bottom.My trusty spreadsheet reviewed a new set of home sales figures created for the Southern California News Group by real estate tracker Attom. These broad-based statistics track closed transactions by mon

Average rate on a US 30-year mortgage eases to 6.76%, its second straight weekly decline
By ALEX VEIGA, AP Business WriterThe average rate on a 30-year mortgage in the U.S. eased again this week, modest relief for prospective home shoppers during what’s traditionally the busiest time of the year for the housing market.Related Articles Denny’s and Waffle House remove egg surcharges as pr

Developer remaking Sorrento Mesa buildings into office condos
Two 1980s-era office buildings in Sorrento Mesa previously slated for demolition will instead be repurposed as office condominiums by a developer looking to try something different in a depressed commercial real estate market.Los Angeles-based Abington Emerson Investments LLC has filed an applicatio
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