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U.S. home price growth expected to cool

Nationwide housing prices take record jump

Home prices nationwide increased 15 percent in 2021, the result of high demand and not enough houses available for sale, according to data released Tuesday. That was a nine percent increase from 2020, as home prices grew 10 percent in first quarter and reached 18 percent growth in the fourth …

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Chick-fil-A coming to Palm Desert

Three retail pads at a new shopping center in Palm Desert have been sold. Chick-fil-A Drive Thru, Quick Quack Car Wash and AT&T/Spectrum bought one property each at the recently developed Monterey Crossing, according to Hanley Investment Group Real Estate Advisors. Hanley Investment arranged all three transactions, which combined totaled …

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No live audience for Riverside state of city

Riverside’s state of the city address this year will be a virtual event. Scheduled to be held Feb. 24, the address by Mayor Patricia Lock Dawson will be streamed on Riverside TV – www.WatchRiverside.com – and social media, according to a statement on the city’s website. Local cable television outlets …

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CVB Financial finishes 2021 strong

CVB Financial Corp. the holding company for Citizens Business Bank, had net income of $47.7 million for the fourth quarter of 2021, compared with $49.8 million for the third quarter of 2021 and $50.1 million for the fourth quarter of 2020. Earnings per share were 35 cents for the fourth …

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UCR sets personal record for Giving Tuesday

UCR ranked among top universities

UC Riverside raised $383,273 on Giving Tuesday last year, the third consecutive year the university has participated in the international charitable event. One thousand nine hundred and twenty one donors contributed 2,495 gifts to campus programs that will benefit students and employees, according to a statement on the university’s website. …

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Grant will help Inland minority-owned businesses

Cal State University San Bernardino receives grant money

The Inland Empire Center for Entrepreneurship has received a $200,000 grant from Bank of America, money it will use to help local minority-owned businesses that have been hurt disproportionally by COVID-19. The year-long grant will help the center at Cal State San Bernardino assist approximately 250 business owners create, or …

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