Homebuying burden quadrupled in California’s low-price counties
Even the least expensive parts of California have become unaffordable for homebuyers. My trusty spreadsheet reviewed homebuying affordability data from Attom, which tracks the typical house hunter’s financial challenges dating to 2005 in 36 California counties. By comparing home values, mortgage rat
Redevelopment of Grossmont Center starts with $10M face-lift
The future of Grossmont Center is taking shaping as the mall’s owner embarks on a multiphased redevelopment plan designed to refashion the sprawling 64-year-old outdoor center into a central gathering hub for the La Mesa community. Last week, Maryland-based Federal Realty Investment Trust started it
Average US long-term mortgage rate hits the lowest point in more than 3 years
By ALEX VEIGA, AP Business Writer The average long-term U.S. mortgage rate is now down to its lowest level in more than three years. Related Articles How I’d split California, economically speaking Hold on: Another increase to your SDG&E bill is coming An app’s blunt life check adds another layer to
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