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Home prices grow at highest rate in 45 years

Nationwide housing prices take record jump

U.S home prices grew 18 percent year-over-year in October, the highest rate recorded in 45 years, according to data released today. Despite that, growth in single-family home prices nationwide has slowed since April, and price growth is likely to continue to grow slowly for at least a few months, Irvine-based …

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Riverside to get $1 million homes

housing market

A Newport Beach homebuilder will build a tract of high-end homes in the Mockingbird Canyon section of Riverside. Trumark Homes has purchased 72 finished lots for approximately $10 million in Mockingbird Canyon, which is near California Citrus State Historic Park, said Tom Doyle, principle partner with WD Land in Irvine. …

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Department store chain donates to autism group

Kohl’s has donated $70,000 to the Autism Society Inland Empire. The recently announced donation, is part of $8 million in gifts the Wisconsin-based department store chain is making to more than 150 U.S. nonprofits during the holiday season, according to a statement. Grants range from $10,000 to $100,000. Other recipients. …

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CSUSB receives endowed scholarship

chaffey college

Cal State San Bernardino has received a $271,000 endowed scholarship that will help students pursue a career in supply chain or manufacturing-operations management. The scholarship was set up by the Association for Supply Chain Management – American Production and Inventory Control Society’s Inland Empire chapter, according to a statement on …

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Southern California economy faces “uneven” recovery

Inflation Chart

Despite having recovered 70 percent of the jobs it lost due to COVID-19, Southern California’s economy will experience an uneven recovery in 2022, according to a forecast. Labor shortages, the ongoing supply chain disruption, equity gaps and inflation will continue to plague the region’s economy during the next 12 months, …

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Community workshop will discuss business district plan

The town of Apple Valley and the Apple Valley Business District Association will hold a community workshop Dec. 8 regarding the Village Business District Specific Plan. That plan, which is being written, focuses on making development, investment and renovation easier in that part of Apple Valley. Members of the public …

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