Buying a home remained a major hurdle for most Californians during the third quarter, according to data released this week. Only 24 percent of the state’s prospective homebuyers could afford the $814,450 needed to buy a median-price single-family home during that time, up slightly from the second quarter, but down …
Read More »Dermody announces Eastvale leases
A vitamin manufacturer and a logistics company have leased space at LogistiCenter Eastvale. Gardena-based Better Nutritionals, maker of the Vitamin Friends product line, and Landmark Global, an international delivery and logistics network, have leased a combined 285,072 square feet, according to Dermody Properties, which helped negotiate both transactions. Better Nutritionals …
Read More »Riverside will use grant to help homeless
Riverside has received a $10 million grant from the state of California that will provide housing and support services for homeless people. That funding, secured by Assemblymembers Sabrina Cervantes, D-Corona, and Eloise Gomez Reyes, D-San Bernardino, will help pay for Project Legacy, a 49-bed campus that will feature healthcare, job …
Read More »Murrieta accepting applications for 2022 Community Development Block Grant
Murrieta is preparing for the 2022/2023 Community Development Block Grant program. City officials expect to receive $590,000 during the current cycle, according to a statement on Murrieta’s website. Fifteen percent of that – $88,500 – is reserved for nonprofits. The block grants are presented to local governments by the U.S. …
Read More »Beautify MoVal to focus on park cleanup
Moreno Valley will hold a Beautify MoVal Community Day of Service Saturday. The event, scheduled for 8 a.m. to noon, will involve volunteer groups cleaning two parks, according to a statement on the city’s website. Mayor Yxstian Gutierrez and the city council are scheduled to participate, along with residents, businesses, …
Read More »Local, national foreclosure rates drop
Four percent of all U.S. mortgages were in some state of delinquency in August, a 2.6 percent decline year-over-year and the lowest percentage since before COVID-19, according to data released Tuesday. Early-stage delinquencies – 30 to 59 days past due – were at 1.1 percent, down from 1.5 percent in …
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