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Antidevelopment Fervor Reincarnated in East Valley

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New housing construction in east San Bernardino valley has carefully and methodically reemerged from the recession.  Encouraged by record low interest rates, lower developable land prices, and higher housing demand, local leaders in the housing industry are again building houses. Development tactics have changed dramatically from the last decade where …

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Californians fear global warming

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Apparently, a majority of Californians believe that global warming is real. More than 60 percent of state residents say global warming is real and is having a negative impact on the state, according to the results of a survey released Wednesday by the Public Policy Institute of California, a non-partisan …

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Filings for jobless benefits are up

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The number of U.S. residents who filed for first-time unemployment benefits went up last week. Initial claims for state jobless benefits increased approximately 12,000 to a seasonally adjusted 267,000 for last week, according to data released Thursday by the U.S. Department of Labor. Claims for the previous week – 255,000 …

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Tune in to The Main Event this Saturday Morning at 9:30 on AM590

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Tune in to The Main Event this Saturday morning at 9:30 on AM590 with host Ed Hoffman as he discusses national current events and politics, with a few mortgage tips along the way. Ed delivers intelligent, entertaining radio that makes hard news easy to understand! This week, Ed starts the …

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National pending home sales drop slightly

National pending home sales drops slightly

Pending home sales nationwide slipped during June, breaking a streak of five months of increases. The Pending Home Sales Index was 110.3 in June, down 1.8 percent from May but still 8.2 percent above June 2014, according to data released Wednesday by the National Association of Realtors in Chicago. Despite …

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Apartment complex sells

Apartment complex sells

A Class A apartment community in Temecula has been sold. The Vineyards at Paseo Del Sol, a 288-unit complex at 31901 Campanula Way, sold for nearly $70 million to The Praedium Group, a real estate investment group based in New York, according to a statement. CBRE Capital Markets represented The …

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