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U.S. rent growth slows

Nationwide housing prices take record jump

U.S. rents grew 8.8 percent in October, the lowest year-over-year growth rate since June 2021. That was also the sixth consecutive month that single-family rent growth slowed compared with the previous year, yet the 8.8 percent appreciation was three times larger than before the pandemic, Irvine-based CoreLogic reported. Rents are …

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SB County officials warn of property scam

housing market

San Bernardino County homeowners are being warned about a nationwide property scam. The swindle called a Homeowner Benefit Program, involves homeowners being persuaded to place a lien on their property in exchange for a cash payment, according to a statement released by Auditor-Controller/Treasurer/Tax Collector Ensen Mason and Assessor- Recorder-County Clerk …

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PSP predicts record numbers of Christmas travelers

Palm Springs International Airport

Palm Springs International Airport is expecting a record number of travelers during this year’s Christmas season. More than 35,000 people are expected to pass through the airport during the period that begins Dec. 21 and ends the day after Christmas, according to a statement on the city’s website. Friday will …

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CSUSB gets federal grant

Federal funding will pay for major street upgrades in Riverside

Cal State San Bernardino’s Cybersecurity Center has received $12 million from the federal government. The two-year grant from the National Center of Academic Excellence will be used to develop cybersecurity partnerships with other universities and colleges throughout the United States, according to a statement on the university’s website. “Our region …

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State housing market continues decline

U.S. home prices record annual decline

The demand for housing in California continued to fall in November, as home sales reached their lowest rate in more than 15 years. The state’s housing market last month also experienced its largest year-over-year sales drop in at least 40 years, mostly because of rising interest rates and concerns about …

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Lock Dawson named to NLOC post

Riverside Mayor Patricia Lock Dawson has been named vice-chair of the National League of Cities’ 2023 Community and Economic Development Committee. Victoria Woodards, league president and the mayor of Tacoma, Wash., selected Dawson for that position, according to a statement on Riverside’s website. Dawson will be able to work closely with other leaders …

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