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U.S. homeowners with mortgages saw the equity in their homes rise an average of 31.1 percent between the third quarter of 2020 and the third quarter of this year, according to data released this week. That was a collective equity gain of more than $3.2 trillion – an average gain …

Two Newport Beach developers plan to build 163 townhomes in Wildomar in southwest Riverside County. Sancerra Communities and STG Capital Partners have purchased a 26-acre parcel at Palomar Street and Jefferson Avenue and will develop a build-to rent community there, according to a statement released Tuesday. Cost of the parcel, …

U.S home prices grew 18 percent year-over-year in October, the highest rate recorded in 45 years, according to data released today. Despite that, growth in single-family home prices nationwide has slowed since April, and price growth is likely to continue to grow slowly for at least a few months, Irvine-based …

A Newport Beach homebuilder will build a tract of high-end homes in the Mockingbird Canyon section of Riverside. Trumark Homes has purchased 72 finished lots for approximately $10 million in Mockingbird Canyon, which is near California Citrus State Historic Park, said Tom Doyle, principle partner with WD Land in Irvine. …

Kohl’s has donated $70,000 to the Autism Society Inland Empire. The recently announced donation, is part of $8 million in gifts the Wisconsin-based department store chain is making to more than 150 U.S. nonprofits during the holiday season, according to a statement. Grants range from $10,000 to $100,000. Other recipients. …

Cal State San Bernardino has received a $271,000 endowed scholarship that will help students pursue a career in supply chain or manufacturing-operations management. The scholarship was set up by the Association for Supply Chain Management – American Production and Inventory Control Society’s Inland Empire chapter, according to a statement on …