Sales of existing single-family homes in California totaled 426,790 last month, a slight increase from the month prior but a 4.4 percent drop year-over-year, according to data released Tuesday. Statewide, the median home price in March was $849,080, up 10.1 percent from February and up nearly 12 percent from March …
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Metrolink has switched to renewable fuel in all of its locomotives, reportedly the first U.S. transit entity to make that conversion. To meet some of its climate change goals, the agency began using the cleaner-burning substance in a pilot program it held early last year according to a statement on …
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The Inland Empire’s industrial market maintained its torrid pace during the first quarter of 2022, as inventory grew a little more than 618 million square feet during that time. At the same time, industrial vacancy in Riverside and San Bernardino counties fell to 0.6 percent, a record low and the …
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The town has hired an architect to replace the iconic structure on top of Bass Hill, which has fallen into serious disrepair. While no plans have been drawn up, town officials agree on one thing: the building will be torn down, not restored. Apple Valley has selected an architectural …
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California added 60,200 non-agricultural jobs in March, dropping the state’s total unemployed to below one million for the first time since February 2020, one month before the pandemic hit the United States, according to data released today. The state’s unemployment rate fell to 4.9 percent last month, well below the …
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A 44,0000-square-foot retail property in Palm Desert has been sold. Wohl Palm Desert LLC in Orange County received $12 million for Palms to Pines East, CBRE announced Thursday. The buyer was a private investor in San Diego whose name was not released. “We were able to generate multiple offers the …
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IE Business Daily Business news for the Inland Empire.
