Twenty six percent of all Californians last year could afford a statewide, median-priced home of $786,750 , a two percent year-over-year drop, according to the California Association of Realtors. A minimum yearly income of $144,400 was needed to make monthly payments of $3,610 on a 30-year fixed-rate mortgage at a …
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Moreno Valley has opened Santiago Park, the city’s 33rd park. Hundreds of residents joined Mayor Yxstian Gutierrez and the city council to the March 23 opening ceremony, according to a statement on the city’s website. “Moreno Valley’s parks serve as the beating heart of our city, Gutierrez said in the …
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CVB Financial Corp. in Ontario has announced a cash dividend of 18 cents per share for the first quarter of 2022. That dividend was approved Wednesday by CVB’s board of directors and will be payable on or about April 20 to shareholders of record on April 6, according to a …
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The Inland Empire posted a five percent unemployment rate in February, down from a revised 5.7 percent during the first month of the year, according to data released today. The two-county region added 18,000 non-agricultural jobs between January and February, helping to bring about a total of 1,628,000 jobs statewide, …
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The news is even better than that, because the region’s job count is slightly ahead of where it was in February 2020, right before the pandemic hit. The question now is, will that trend continue? The Inland Empire labor market has officially recovered from COVID-19. As of this …
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Ground was broken Wednesday on Mt. San Jacinto Community College District’s STEM Science & Technology facility. The $37 million facility is being built on the district’s San Jacinto campus by C.W. Driver Cos. in Pasadena and LPA Architects, which has offices in California and Texas, according to a statement. When …
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IE Business Daily Business news for the Inland Empire.
