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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.
LATEST NEWS

Fuel Economy Regulation Rollback Could Cost Drivers $1,432

Government fuel economy regulation has effectively lost its force after penalties were ended under the One Big Beautiful Bill (OBBBA) signed by Donald Trump...
LATEST NEWS

New Home Sales Soar on Builder Discounts, 3-Year High

New home sales rose sharply in August as builder incentives and discounts drew more buyers. The annualized pace reached 800,000, up 21% from 664,000...
CONSUMER

New Car Ownership Cost Drops to $11,577 a Year

The new car ownership cost has eased this year, offering some relief to drivers. The American Automobile Association (AAA) estimates the annual expense at...
LATEST NEWS

LA Home Sales Drop 16% While Prices Keep Rising

The Southern California housing market flashed mixed signals in August as LA home sales drop while prices continued to inch higher, leaving buyers and...
LATEST NEWS

Best Week to Buy a Home in LA Arrives in October

The best week to buy a home in Los Angeles is almost here. A new report says buyers will soon see better prices, more...
CONSUMER

EV tax credit ending spurs hot lease rush, price as low as $0 per month

As the EV tax credit approaches its deadline on September 30, automakers and dealerships are unleashing unprecedented promotions, including “$0 monthly” offers and deep-discount...
LATEST NEWS

Korean American developer building 51-unit Koreatown apartment on 6th St.

A new Koreatown apartment development is under construction in Los Angeles Koreatown, led by a Korean American developer.   According to Urbanize LA, the former gas...
LATEST NEWS

California Rent Burden Hits 27% of Renter Households

The California rent burden remains severe, with more than one in four renter households spending over half their income on housing. According to data...
LATEST NEWS

Kia unveils 2026 Sportage Hybrid with more power, efficiency

The 2026 Kia Sportage Hybrid receives its most comprehensive update since the fifth-generation launch, with improvements spanning exterior design, in-cabin displays, ADAS, and on-road...
LATEST NEWS

A New Koreatown Apartment Project Proposed With 24 Units In 6-story

A new Koreatown apartment project has been filed with the Los Angeles Department of City Planning to replace four homes at 112 N. Mariposa...
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