
29% fewer California homes sold. Is the Fed to blame?
California homebuying hasn’t been the same since the Federal Reserve’s war on inflation began three years ago.That’s what my trusty spreadsheet found in the March homebuying report from Attom, which tracks the closed sales of existing residences and new construction, both houses and condos, dating t

Mission Valley’s Hazard Center is getting a new name, look and vibe
The Hazard Center shopping center and office complex in the center of Mission Valley is getting a new name and a retail-focused facelift with the property’s new owner seeking to refashion the neglected site into a trendier destination.Los Angeles-based BH Properties, which bought the property in Aug

Average rate on a US 30-year mortgage rises to 6.86%, its highest level since mid-February
By ALEX VEIGA, AP Business WriterThe average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for home shoppers that threatens to slow sales further this spring homebuying season.Related Articles Mission Valley’s Hazard Center is getting a n
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