Rocky Point, located 10 miles south of Carmel on Highway 1, is known for its stunning views of the Big Sur Coast. Rocky Point Restaurant, located there, operated from 1947 to 2020, but closed during the COVID pandemic. It was purchased in 2021 for $8 million by Esperanza Carmel, a real estate company controlled by […]
To alleviate the housing crisis, the California Department of Housing & Community Development has set an ambitious goal of adding 2.5 million new housing units across the state by 2030. Photo courtesy Getty Images. Housing affordability appears to be getting worse in the Bay Area’s nine-county region. Only 1 in 5 households could afford to […]
Dozens of recently closed 99 Cents Only Stores in California will soon reopen under the banner of their former competitor, Dollar Tree. On Wednesday, Dollar Tree announced it had acquired nearly 200 leases from 99 Cents Only Stores in California, Arizona, Nevada and Texas, with plans to reopen them under its name. Most of these […]
With soaring home prices and high interest rates, homeownership in the U.S. is increasingly unaffordable for the average household. And it’s one of the reasons why, despite similarly rising costs, people are choosing to keep renting over becoming homeowners. I became a first-time homebuyer in New York City this year and now that I have […]
