Tag Archives: featured

U.S. housing prices rose 18 percent in July, the highest year-over-year increase since 1976, according to data released today. That increase was fueled by low mortgage rates, low supply and a rebounding economy, according to Core Logic’s  Home Price Index Report for the seventh month of the year. Expected increases …

CBRE has completed sales of seven multifamily properties in the Inland Empire worth a combined $14.4 million. The buyers are all private investors attracted to the two-county region because rents there are rising, according to a statement released Monday. Names of buyers and sellers were not made public. The properties …

A Bible college and Christian retreat house for the last 26 years, the 46-acre site has been sold. Plans are barely in the works, but the new owners are committed to making the property a tourist designation again, much to the delight of Murrieta officials and southwest Riverside County.    …

Perris has broken ground on Enchanted Hills Park, a 22-acre facility that will be built near Interstate 215 and the 74 Freeway. The site, mostly undeveloped, will be transformed into a neighborhood park with a multi-use field, play areas for toddlers and children, restrooms, picnic shelters, bridges, trails and a …

The U.S. economy added only 235,000 jobs in August, well below the 720,000 jobs, some economists were predicting. The unemployment rate dropped to 5.2 percent from 5.4 percent in July, the U.S. Bureau of Labor Statistics reported. August’s job total was the weakest since January. One bright spot in the …

Prabash Coswatte has been promoted to the chief operating officer by Cardenas Markets. Currently the grocery store chain’s chief administrative officer, Coswatte will oversee multiple departments, including store operations, loss prevention, data integrity, maintenance, construction, and real estate, according to a statement. “Prabash has proven to be a successful member …