
Phillip Molnar
Business Reporter at The San Diego Union-Tribune
Business reporter at The San Diego Union-Tribune (@sdut). Grad of @NorthernMichU & @nyu_journalism. Big fan of Star Wars, Padres
Articles
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1 week ago |
sandiegouniontribune.com | Phillip Molnar
Pro-housing advocates say the reduction of San Diego’s residential lot sizes could lower home prices, and increase tax revenue for the cash-strapped city. A coalition of housing groups Friday morning said that denser developments are needed in America’s Finest City. They presented research from housing analysts London Moeder Advisors at a news conference in front of City Hall in downtown San Diego that they say supports their claims.
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1 week ago |
sandiegouniontribune.com | Phillip Molnar
Some luxury homes can take years to sell, and unease about the economy hasn’t helped speed up the process. San Diego County homes costing $6 million and up were taking an average 633 days to sell as of late May, according to Reports on Housing, up from 400 days last year. Homes from $4 million to $5.9 million were taking 308 days, up from 147 days last year. For comparison, properties listing close to the median home price — $750,000 to $1 million — were taking an average 77 days.
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1 week ago |
sandiegouniontribune.com | Phillip Molnar
San Diego County’s cash-strapped water authority is considering a plan that could remove a discount it gives to local farmers — something farmers claim could put them out of business. The authority gives a roughly 25% discount to about 1,000 farmers, who grow everything from flowers to avocados. Everyone involved in the issue is facing higher costs. The authority has been imposing consistent double-digit rate increases on local water agencies in recent years primarily because of declining demand.
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2 weeks ago |
sandiegouniontribune.com | Phillip Molnar
A San Diego City Council member has suggested moving up the timeline to begin charging for parking at Balboa Park to address budget woes. Councilmember Sean Elo-Rivera argues if the city accelerates the start date for paid parking in Balboa Park by six months — from Jan. 1, 2026, to July 1 of this year — that could generate nearly enough new revenue to prevent proposed cuts to city libraries and recreation centers.
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2 weeks ago |
sandiegouniontribune.com | Phillip Molnar
Los precios de las viviendas en San Diego no habían subido tan lentamente en años. En marzo, el precio de las viviendas en el área metropolitana de San Diego aumentó un 1,67 % anual, según el informe de los índices S&P Case-Shiller publicado el martes. Este es el menor aumento desde el verano de 2023, cuando el aumento de las tasas hipotecarias frenó brevemente el mercado.
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