Two point seven percent of all of all U.S. mortgages were in some state of delinquency – 30 days or more past due, including foreclosures – in March, according to a recent report. That was a 2.2 percent decrease – from 4.9 percent – in March 2021, Irvine-based CoreLogic reported. …
Read More »MSJC to build STEM building
Mt. San Jacinto College has broken ground on a STEM building that will be developed on its Menifee campus. The two-story Science, Technology, Engineering and Mathematics structure will feature laboratory and computer-based instructional areas, according to a statement. The $50 million project will cover nearly 42,000 square feet. It is expected …
Read More »ONT has busiest month in nearly six years
Ontario International Airport accommodated nearly 520,000 passengers in May, the airport’s busiest month since it was returned to local ownership nearly six years ago. Last month’s passenger count was up 41.5 percent year-over-year and was 9.2 percent higher than May 2019’s passenger count, the last time that month was not …
Read More »State home sales drop
Sales of existing single-family homes in California fell 15.2 percent year-over-year in May, according to the California Association of Realtors. Statewide sales totaled 377,790 during the fifth month of the year, while the median price of a single-family home was $898,980, up 9.9 percent from May 2021, the Los Angeles-based …
Read More »Cardenas Markets to undergo major expansion
Cardenas Markets, the Ontario-based Hispanic supermarket chain, will purchase six Rio Ranch Markets. Terms were not disclosed, but the transaction is expected to be completed by the middle of next month, according to a statement released by Cardenas. The stores – in Chino, Banning, San Bernardino, Riverside, Perris, and Fontana …
Read More »SoCal Gas makes grants to small restaurants
SoCal Gas has donated $525,000 to 162 independently owned restaurants throughout Southern and Central California, including 28 in the Inland Empire. The grants – $3,000 to each restaurant – will be used for equipment upgrades, employee retention and other programs that will keep a restaurant in business, according to a …
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