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State housing sales expected to rise

Nationwide housing prices take record jump

Sales of existing single-family homes in California are expected to reach 327,100 units in 2024, a 30 percent increase from this year’s projected 266,200 units sold, according to a forecast released this week. The median price of a single-family home statewide is expected to reach $860,300 next year, a year-over-year …

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CSUSB, UCR named among top U.S. universities

San Bernardino library reopens

Cal State San Bernardino and UC Riverside have been ranked among the top universities in the United States by Washington Monthly magazine. The publication rated Cal State San Bernardino 29th and UC Riverside 64th on its 2023 National University Rankings, which are based on their contribution to the public good …

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Grant will help fight riverbed homelessness

Cal State University San Bernardino receives grant money

Riverside County has received a $12 million state grant that it will use to reduce homelessness in the San Jacinto riverbed. The money from the Encampment Resolution Funding Program will pay for “housing, street outreach, and wrap-around services,” to address the issue of homelessness in and around the riverbed,” according …

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Amazon to hire 250,000 seasonal employees

Amazon Fresh to open Murrieta store

Amazon will hire 250,000 extra employees to help with the holiday shopping crunch, including 30,000 from California. The full and part-time positions –  mostly in packing, sorting, shipping, and selecting items to be shipped – are available to applicants from all backgrounds and with different levels of experience, according to …

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Financing secured for Moreno Valley industrial site

Federal funding will pay for major street upgrades in Riverside

An Orange County industrial real estate company has secured financing on a 22-acre parcel in Moreno Valley. Cap Rock Partners in Newport Beach will either build a 500,000-square-foot industrial warehouse on the site, which is part of the World Logistics Center or sell the property once it’s entitled, according to …

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State home sales drop

U.S. home prices record annual decline

Sales of existing single-family homes in California totaled 254,740 in August, down 5.3 percent from July and down 19 percent from August 2022, according to data released Monday. Statewide, the median home price last month was $859,800, up 3.3 percent from July and a three percent increase year-over-year, the California …

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