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State, Inland home sales plummet

Sold Sign

Sales of existing single-family homes in California totaled 274,040 in October, down 10.4 percent from September and down nearly 37 percent year-over-year, according to a report released this week. That was the lowest sales level since February 2008 and the largest year-over-year decline since December 2007, not counting the pandemic, …

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Shopping center sells for $8.4 million

A 20,600-square-foot neighborhood retail center in Chino has been sold. Chino Village sold recently for $8.4 million, along with 2.5 acres of open space next door that is ripe for development, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive marketed the property at 4103 Riverside Drive and represented the …

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ONT sets monthly record

ONT nearly back to pre-pandemic passenger levels

More than 541,000 passengers passed through the gates at Ontario International Airport in October, the highest one-month count since the airport came under local ownership six years ago, according to a statement released this week. That was a 7.3 percent year-over-year increase, and the eighth consecutive month in which Ontario …

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Morongo tribes makes annual Thanksgiving donation

Morongo tribe donates $6.5 million to hospital

The Morongo Band of Mission Indians has donated 15,000 turkeys to non-profit groups, churches and charities from across Southern California. That’s the most the tribe has ever given out in its annual Thanksgiving Outreach Program, which is marking its 36th anniversary this year, according to a statement. This year’s donation …

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State housing affordability drops

Eighteen percent of California households could afford a median-priced home – $829,760 – during the third quarter, according to the California Association of Realtors. That was up 16 percent from the second-quarter of this year but down from 24 percent compared with the third quarter of 2021, the Los Angeles-based …

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