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Palm Springs to host holiday events

Palm Springs affordable housing project gets state grant

Palm Springs is preparing to host its annual holiday tree lighting and parade next month. The tree lighting is scheduled to be held at 5:15 p.m. on Dec. 1 at Frances Stevens Park, 500 N. Palm Canyon Drive, according to a statement on the city’s website. Twenty-four hours later the …

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Inland Empire tough market for renters

Bank Handing Customer Cash

The Inland Empire is among the least affordable markets in the United States for single-family rentals, according to data released this week. The median monthly rent in the Riverside-San Bernardino-Ontario market was $3,250, the sixth-most expensive market in the country, Irvine-based CoreLogic reported. California markets made up the top five: …

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State, Inland housing affordability declines

U.S. home prices record annual decline

Only 15 percent of all households in California could afford a median-priced home – $843,600 – during the third quarter of this year, according to data released Friday. That represented a 16 percent drop from the second quarter and an 18 percent decline year-over-year, the California Association of Realtors reported. …

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ONT braces for heavy Thanksgiving travel

ONT nearly back to pre-pandemic passenger levels

Ontario International Airport expects a 12 percent increase in passenger traffic during the Thanksgiving holiday. More than 212,000 passengers will use the airport from Nov. 17 to Nov. 27, the busiest Thanksgiving travel season for the airport since 2007, according to the Ontario International Airport Authority. That prediction is based on …

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Some Inland business owners are still fretting over inflation

Inflation Chart

Inland Empire business owners have many concerns about their companies’ immediate future, but one potential problem stands out above all others. Inflation. The Inland Empire Center for Entrepreneurship at Cal State San Bernardino interviewed 673 business owners earlier this year and asked them what their “greatest concern” was regarding their businesses …

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