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California Home Down Payment Rate Falls to 16.3% Amid Cooling Market

The average down payment for homes in California fell in the third quarter as buyers faced higher rates and high prices. A new report...

Can Mobile Homes Solve the Housing Crunch? Insurance Says Otherwise

Rising home prices are pushing buyers toward mobile and manufactured homes, but mobile home insurance works differently and often costs more. These homes typically...

Customer Shoots, Kills Attacker at Korean American Compton Beauty Store

A violent incident at a Korean American beauty supply store in Compton left one man dead after he was shot by a female customer...

California Home Sales Climb to 7-month High

California home sales reached a seven-month high in September, rebounding as mortgage rates stabilized, according to the California Association of Realtors (CAR). Closed escrows...

California ACA Premiums to Jump up to 388% if Subsidies Lapse

California Governor Gavin Newsom warned that without continued federal aid, more than 1.7 million Covered California enrollees will face premium shocks starting in January...

‘Only Child Revolution’: Soaring Costs Make U.S. Parents Stop at One

A growing number of families across the United States are choosing to raise only one child, as rising childcare and living costs make it...

June Kim Appointed Deputy CIO at $556B CalPERS, Nation’s Largest Pension Fund

Korean-born investment professional June Kim has been appointed Deputy Chief Investment Officer for Public Markets at the California Public Employees’ Retirement System (CalPERS), the...

Trump housing work requirement may cut aid for 8 million families

The Trump administration is advancing a proposal to impose a 40-hour weekly work requirement on adults receiving federal housing assistance, according to a draft...

Torrance Sues Korean Church, Pastor Over Park Crash Injuring City Worker

The City of Torrance has filed a subrogation claim against a major Korean church and its pastor, seeking reimbursement for city expenses related to...

California unveils new driver’s license redesign with advanced security

The California Department of Motor Vehicles (DMV) has rolled out a new design for driver’s licenses and identification cards, featuring updated technology and enhanced...

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