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Hoonsik Woo

Hoonsik Woo
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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.
Business

California Housing Affordability Crisis: Only 1 in 8 Homes Reachable

The California Housing Affordability Crisis has reached a point where finding a home within reach for middle-income households is becoming an increasingly rare feat....
Business

Hyundai Phantom Braking Lawsuit: Sudden Braking Defect Alleged

The lawsuit has been filed in the U.S. District Court for the Central District of California, alleging that a defect in the Forward Collision-Avoidance...
Business

US Home Purchase Cancellations Hit Record High

The U.S. housing market is witnessing an unprecedented surge in "broken deals." According to a recent report from real estate brokerage Redfin, approximately 40,000...
Business

California Economy 2026: AI and Aerospace Drive GDP Growth Amid Job Lag

The California economy is currently navigating a period of "growth imbalance," where output is significantly outpacing employment gains. According to the March 2026 UCLA...
Business

Hyundai and Kia Sales Set February Record; SUVs Up, EVs Mixed

Korean car sales set a new monthly record in February as the brands extended their growth despite reduced incentives and a continuing high-interest-rate environment....
Business

U.S. Home Prices Rise; California Leads Costliest Markets

U.S. home prices continued to climb across many metropolitan areas, while most of the nation’s costliest housing markets remained concentrated in California, according to...
Business

191,300 Air Purifier Recalled for Fire Risk

An air purifier recall has been issued for 191,300 units sold through Amazon, Temu, TikTok Shop, and Shopify due to a potential fire risk. The...
Business

Overseas Retirement Destinations: Top 10 Ranked

As prices rise sharply each year, living abroad is emerging as a new retirement option for people nearing retirement. Live and Invest, which provides information...
Business

First-time Homebuyers’ Dream For All Reopens, Homebuyers Rush to Apply

California’s first-time homebuyer assistance program, Dream For All, has reopened for applications this year, intensifying competition among prospective buyers preparing to purchase a home. Because...
Business

Trump Proposes New Plan to Tackle Retirement Savings Gap

A new federal retirement savings proposal for workers who lack employer-sponsored plans is drawing attention. In a State of the Union address on February 24...
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