Homeownership Rate Surged During Pandemic

Homeownership Rate Surged During Pandemic

In the middle of a recession and the worst public health crisis in a century, the U.S. homeownership rate surged to its highest point since the Great Recession.

The homeownership rate reached 67.9% in the second quarter of 2020, according

U.S. Existing-Home Sales Rose 20.7% in June

U.S. Existing-Home Sales Rose 20.7% in June

The housing market came roaring back in June, as low mortgage rates and increased economic activity helped push sales of previously owned homes up 20.7% from the prior month.

Demand was strong from apartment renters seeking more space, young families

San Diego Multifamily Wrap-Up – June 2020

San Diego Multifamily Wrap-Up – June 2020

Although California’s economy began to reopen in May, San Diego is in a precarious position. Responding to record-high unemployment, San Diego’s city council extended its eviction moratorium by an additional month, now set to lapse at the end of

Chargers owner Dean Spanos puts home on the market

Chargers owner Dean Spanos puts home on the market

Los Angeles Chargers owner Dean Spanos is selling the La Jolla home he shared with his wife, Susie, for more than 20 years for $17.95 million.

The Spanos family lived in the 10,285-square-foot, custom-built mansion since 1997, according to property

Apartment Performance Supporting Rents in 2020 Forecast

Apartment Performance Supporting Rents in 2020 Forecast

Rental demand paces elevated construction. San Diego County represented a model of consistency over the past five years as rental demand matched supply growth, preserving tight conditions. The metro’s diversified economy, highlighted by a blend of tech firms, research