Pending home sales nationwide increased for the third consecutive month in February, according to data released today. The Pending Home Sales Index went up 0.8 percent during the second month of this year, to 83.2, the National Association of Realtors in Chicago reported. Three regions – the south, northeast, and …
Read More »Mortgage delinquencies drop for 22nd straight month
Late payments on mortgages nationwide dropped for the 22nd consecutive month in January, according to data released today. During January, 2.8 percent of all mortgages in the United States were in some stage of delinquency, meaning 30 days or more past due including foreclosures, Irvine-based CoreLogic reported. That was a …
Read More »Rancho parcel sells for $6.7 million
A 1.8-acre commercial parcel in Rancho Cucamonga has been sold for $6.7 million. The vacant property, at the northwest corner of Red Oak Street and Spruce Avenue, is part of City Center, an area designated for future multifamily housing, retail and governmental use, according to CBRE. CBRE marketed the site …
Read More »Hemet breaks ground on skatepark
A groundbreaking ceremony was held March 28 at the future site of a skatepark in Hemet. Gibbel Park Skate Plaza will cost $2.2 million, most of which will come from the American Rescue Plan Act, according to a statement on the city’s website. C.S. Legacy Construction in Pomona is the …
Read More »Perris approves health food ordinance
Starting July 1, most stores in Perris that sell food will be required to provide healthy food and beverages in their checkout aisles. An ordinance passed recently by the city council applies to all stores larger than 2,500 square feet, according to a statement on the city’s website. The law …
Read More »Cardenas Markets raises fund for AHA
Ontario-based Cardenas Markets raised nearly $60,000 for the American Heart Association in February. The money will go toward the association’s “Life Is Why,” campaign, which promotes longer living through a healthier lifestyle, according to a statement. “We are so proud to partner with our local communities and caring customers to …
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