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By Eugene E. Valdez AKA The Loan Doctor™ Many business experts believe that loosening credit to small businesses should be a top priority for banks and policymakers. In my opinion making credit accessible to sound businesses is crucial to our economy and so should be front and center among our …

Aldi, German grocery store chain that is making major inroads in Southern California, will open its first San Jacinto store next month. A ribbon-cutting ceremony is scheduled to he held at 8 a.m. December 6, with the first 100 people in line to receive Golden Ticket gift cards, according to …

California’s unemployment rate stayed at 4.1 percent in October, a record low, according to data. State employers added 36,400 non-agricultural jobs last month, bringing California’s job creation total to more than three million since the economic recovery began nearly nine years ago, the state Employment Development Department reported. Year-over-year, California’s …

Presidio Park, a 45-unit apartment community in Cathedral City, has sold for a record price. The property at 69150 Gerald Ford Drive changed hands for $7 million, or $155,556 per unit, according to a statement. The buyer was a private investment group in Riverside, the seller a family partnership in …

More than 15 acres of prime commercial land in Hesperia has been sold. The four parcels – three at Interstate 15 and Ranchero Road and one at Tamarisk Avenue and Ranchero Road – changed hands for a combined $4.3 million, Progressive Real Estate Partners said in a statement. The first …

Four percent of all U.S. mortgages were in some stage of delinquency in August, according to data. That was a 0.6 percent decrease compared with August 2017, Irvine-based CoreLogic reported in its monthly assessment of nationwide loan performance. “Delinquency” is defined as any loan 30 days or more past due, …