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Hoonsik Woo

Hoonsik Woo is a journalist specialized in covering banking, real estate and automotive news in the Los Angeles area. Woo focuses on in-depth analysis to help readers navigate the complexities of personal finance and investing in LA’s housing markets, as well as keeping them up-to-date with the latest automotive trends and innovations.

California Residents Face $2.56 Million in Lifetime Debt Burden

California residents are facing one of the heaviest lifetime debt burdens in the United States, with total repayments averaging $2.56 million per person, according...

Korean Cars Win Loyalty From Older Buyers, Face Test With Younger Drivers

Hyundai, Kia, and Genesis are among the most familiar auto brands in Korean American communities. A new online survey shows that Korean car preference...

196-Unit Low-Income Housing Project Planned Near Koreatown Metro

A low-income mixed-use housing complex is planned near the Wilshire/Crenshaw Metro area adjacent to Koreatown, according to a recent notice from the Greater Wilshire...

California Home Sales Reach 3-Year High in November

California home sales climbed to their highest level in three years in November, even as home prices softened, reflecting a cautiously improving housing market,...

High-End Online Shopping Expands as Amazon Sells Cars, Luxury Goods

Amazon, long known for everyday essentials, is expanding into high-priced categories ranging from automobiles to luxury goods, positioning itself as a platform for high-end...

Pay Rent to Build Credit, Zillow Launches CreditClimb

A new service that connects renters’ monthly rent payments to their credit scores has entered the market, offering tenants a way to build credit...

Year-end Car Deals Expand as Automakers Boost Discounts

Car buyers are seeing more year-end car deals as automakers and dealerships increase discounts, low-interest financing, and cash incentives to meet annual sales goals....

Homeowners Are Betting on Higher Deductibles Amid Soaring Insurance Premiums

Home insurance deductibles are rising nationwide as premiums continue to climb, leading more homeowners to increase their upfront financial risk in exchange for lower...

Car Color Depreciation Study Reveals Yellow Cars Hold Value Best

Car color depreciation plays a major role in determining how well a vehicle holds its value, and new data shows that the differences between...

Lego World Cup Trophy Set Debuts at Full Size

Lego has partnered with FIFA to unveil a full-size Lego World Cup trophy set ahead of next year’s official World Cup lineup. The new...

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