An annual income of $63,680 was needed to afford the U.S. median monthly apartment rent of $1,592 in December, according to a report. That was a year-over-year decline of 0.4 percent, and the lowest required income recorded since March 2022, the real estate brokerage Redfin reported. It was also a …
Read More »National CORE Productions: A New Hub for Creative Storytelling in San Bernardino
National CORE Productions, the latest venture by National CORE, offers a cutting-edge production studio in the heart of San Bernardino for video podcasts and other multimedia programming. Launched in late 2024, the studio is home to flagship shows like the FYI Podcast, which shares compelling human stories, and Inside the …
Read More »Tribe makes donation to help fire victims
The Agua Caliente Band of Cahuilla Indians has donated $100,000 to the American Red Cross to help victims of the Los Angeles fires. “The Tribe extends its deep appreciation to the American Red Cross for its tireless efforts to support people impacted by these devastating fires,” Tribal Chairman Reid D. …
Read More »Inland Empire economy braces for 2025
Heading into 2025, the Inland Empire economy appears to be in relatively good shape. In November, the region’s unemployment rate was 5.3 percent, according to most recent data available from the state Employment Development Department. That’s not an outstanding number, but it matches California’s unemployment rate in 2024, and it’s …
Read More »Inland multifamily market has strong fourth quarter
The Inland Empire multifamily market ended 2024 with an occupancy rate of 94.5 percent, a slight increase from the third quarter, according to a report. One thousand one hundred and ninety-five multifamily units were absorbed in Riverside and San Bernardino counties during the last three months of 2024, up from …
Read More »Diederich joins Menifee city council
Ben Diederich has been named to the Menifee City Council. A longtime Menifee resident and six-year planning commission member, Diederich was appointed during the Jan. 15 council meeting to represent District 2, according to a statement on the city’s website. Diederich was selected from several candidates. All were interviewed by …
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IE Business Daily Business news for the Inland Empire.