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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.

Korean Car Sales Hit Record High in First Half of 2024

Korean automakers posted record-breaking sales in the U.S. during the first half of 2024, despite concerns over potential tariff hikes. According to sales reports...

Used Cars Under $20,000 Are Vanishing from LA Market

Affordable used cars under $20,000 are becoming increasingly rare in Los Angeles, with listings dropping to just a quarter of what they were six...

California Homebuyers Need 10 Years to Save for Down Payment

Middle-income earners in California need more than 10 years of consistent savings to afford a home, according to a new report by Leave the...

Amazon Prime Day Sparks Competing Sales at Walmart and Target

Amazon's annual Prime Day sales kicked off on July 8, prompting major competitors Walmart and Target to launch their own overlapping promotions in a...

Authentic Korean Food Legacy Lives On with Mountain’s New BBQ House

Mountain BBQ, a new restaurant in Koreatown Plaza, is continuing the 50-year tradition of Mountain and Mountain Noodles by serving authentic Korean BBQ grounded...

LA Condo Buyers Now Need $162K Annual Income to Afford Mortgage

Even in Los Angeles, where condos are typically seen as a more affordable housing option, recent data shows that middle-class buyers now struggle to...

Parent Support for Home Buying Requires Strategy and Caution, Experts say

With homeownership becoming increasingly out of reach for first-time buyers, more parents are stepping in to help their children secure a home. But experts...

Housing Affordability Hits Record Low as Costs Surge

The housing affordability crisis in the U.S. has reached its worst level in recent history, driven by steep increases in home prices and mortgage...

LA Construction Costs Surge 6% in Q1 2025, Highest in 12 Years

Construction costs in the Los Angeles area spiked 6% in the first quarter of 2025, marking the steepest quarterly increase in 12 years, according...

Koreatown 6-Story Apartment Project to Replace Historic Building

A new six-story apartment building is planned for Koreatown, with developers proposing to demolish a 1940s-era building to make way for the project. According to...

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