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What's Going on Around Town?

  • Jason Hughes, broker in 101 Ash St. deal, wins bid to stop his license from being revoked,Jeff McDonald

    Jason Hughes, broker in 101 Ash St. deal, wins bid to stop his license from being revoked

    A Superior Court judge has blocked the California Department of Real Estate from revoking the license of the broker who advised San Diego city officials to lease a downtown high-rise, then pocketed millions from the deal.Real estate adviser Jason Hughes won a stay of that planned penalty at a hearin

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  • Why so many people have stopped buying vacation rental homes in San Diego,Phillip Molnar

    Why so many people have stopped buying vacation rental homes in San Diego

    Interest rates and home prices are so high in San Diego that even vacation rental buyers have fled.Mortgages for second homes in San Diego metro, typically a good indicator of vacation rental purchases, were down 45 percent in 2023, said a new study from real estate website Redfin and data analytics

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  • Where in California have wages trailed rent hikes the most?,Jonathan Lansner

    Where in California have wages trailed rent hikes the most?

    The pain: Rent hikes outpaced pay raises in 44 of 50 big U.S. metropolitan areas during the past four years — and in four of six metros from California in this study.The source: My trusty spreadsheet reviewed Zillow’s analysis of the growth in rents vs. increases in average hourly earnings between 2

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