Sales of existing single-family homes in California totaled 262,050 in August, down 6.3 percent month-over-month but up 2.8 percent year-over-year, according to data released Tuesday. Statewide, the median price of a single-family home was $888,740, up 0.2 percent from July and up 3.4 percent in August 2023, when the median …
Read More »U.S. retail sales continue to rise
U.S. retail sales rose in August, the result of rising consumer demand and a decline in inflation making up for a slight drop in job growth, according to a report. Retail sales nationwide, were up 0.4 percent month-over-month and 2.1 percent year-over-year, according to the National Retail Federation and CNBC. …
Read More »Federal money will help Riverside improve neighborhood safety
Riverside has secured $7.5 million in federal funds that it will spend on neighborhood safety upgrades. The money from the U.S. Department of Transportation’s 2024 Safe Streets For All program will help pay for the $9.3 million Riverside Neighborhood Safety Investment Project, according to a statement on the city’s website. …
Read More »Bill would put strict limits on state warehouses
Gov. Gavin Newsom is considering a bill that would place restrictions on the construction of warehouse-distribution facilities. AB 98, which the Senate and Assembly passed Aug. 31, would establish strict regulations for the design and location of logistics facilities. It also would also establish guidelines for parking, truck loading bays, landscaping …
Read More »Pic N Save coming to High Desert
Pic N Save Bargains, a reworking of the original Pic N Save discount retail chain, will locate in Victorville. The company has signed a 10-year lease on a 29,680-square-foot space at 7th Street and La Paz Drive, part of a shopping center anchored by Superior Grocers, according to Progressive Real Estate …
Read More »Kramer named Menifee’s deputy city manager
Rebekah Kramer has been appointed Menifee’s deputy city manager. Kramer, who has 25 years of management experience in the public and private sectors, has been assistant to the city manager for the past three years, according to a statement on the city’s website. Before working in Menifee, Kramer was assistant …
Read More »