Economy

Southern California home sales rose significantly in December, boosted in part by lower mortgage rates and solid job growth. More than 19,000 new and used single-family homes were sold in the six-county region last month, a 4.3 percent increase compared with December 2013, according to CoreLogic DataQuick in San Diego. …

The U.S. economy added 252,000 jobs in December, ending the country’s best year for hiring in 15 years. Unemployment dropped to 5.6 percent – down from 5.8 percent in November – the lowest jobless rate since 2008, according to data released Friday by the U.S. Department of Labor. Also, 50,000 …

The U.S. economy added 252,000 jobs in December, ending the country’s best year for hiring in 15 years. Unemployment dropped to 5.6 percent – down from 5.8 percent in November – the lowest jobless rate since 2008, according to data released Friday by the U.S. Department of Labor. Also, 50,000 …

Manufacturing in the Inland Empire is apparently back on track. The region’s purchasing managers index was 54.5 during December, four and half points above the benchmark for an expanding manufacturing sector. Most important, December was the third consecutive month that the index was 50 or above. Three consecutive months in …

Manufacturing in the Inland Empire is apparently back on track. The region’s purchasing managers index was 54.5 during December, four and half points above the benchmark for an expanding manufacturing sector. Most important, December was the third consecutive month that the index was 50 or above. Three consecutive months in …

It’s just not recovering as quickly, or as comprehensively, as most real estate professionals would like. While there is reason for some optimism, don’t look for any “spec” office construction in Riverside and San Bernardino counties this year. As 2015 begins, the Inland Empire office market is in much the …