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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.
LATEST NEWS

Social Security Retirement Covers Only 27.1% in California

Social Security retirement benefits, designed to replace about 40% of earned income, are falling far short of essential retirement living costs in California, according...
LATEST NEWS

California Home Prices Drop Steeper; LA Median $1.06M

High interest rates and ongoing economic uncertainty weighed on the U.S. housing market last year, and home prices in California fell by a steeper...
CONSUMER

Air Premia Promotion to Offer LA-ICN Round Trip From $811

Hybrid carrier Air Premia is launching its biggest discount event of the year, the first-half “Promise” promotion. The promotion runs from 5 p.m. on January...
LATEST NEWS

Over 2 Million Hyundai and Kia Cars Recalled in 2025, Down 12%

Korean car recalls topped 2 million vehicles in 2025, though the total fell from the previous year, according to National Highway Traffic Safety Administration...
LATEST NEWS

Torrance Mall Sale Tops South Bay Retail Deals at $108.5M

A Torrance shopping center anchored by Korean American grocery chain Hannam Chain was sold last month at the highest price recorded for a South...
LATEST NEWS

Online Holiday Shopping Hits Record $257.8B on Discounts

Despite concerns about an economic slowdown and rising prices, online holiday shopping reached an all-time high at the end of the year as retailers...
CONSUMER

New California Rule Adds 1.5% Recycling Fee to Battery-Powered Products

California now charges an added fee when consumers buy products with non-removable, built-in batteries, under a new requirement that took effect on Jan. 1. Under...
LATEST NEWS

Korean Car Sales Surpass 1.8 Million for First Time in U.S.

Korean car sales set a new annual record for the third consecutive year, following strong sales momentum in the first half of the year. According...
LATEST NEWS

California Down Payment Takes 34 Years to Save in Los Angeles

Saving a California down payment can take more than 30 years, according to an analysis. The analysis by Realtor.com found that in Los Angeles, it...
LATEST NEWS

Koreatown Home Sales Fall 13% as Prices Slip Across Types

The Los Angeles Koreatown housing market, which had been entering a recovery phase, showed an overall adjustment as both transaction volume and prices softened...
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