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Median-priced home out of reach for most Californians

median priced home

Only 23 percent of California households could afford to buy a median-priced home – $817,950 – during the second quarter of 2021, according to a report. That was down from 27 percent in the first quarter of 2021 and from 33 percent year-over-over, drops caused by low-interest rates and not …

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Srinivas to lead Jack H. Brown College

Shanthi Srinivas Joins Cal State San Bernardino’s College of Business.

Shanthi Srinivas has been appointed interim dean of Cal State San Bernardino’s Jack H. Brown College of Business and Public Administration. A professor emerita with more than 30 years in higher education, Srinivas replaces Lawrence C. Rose, who retired in July after serving as dean for 10 years, according to …

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Perris names Reyna deputy city manager

City of Perris names Ernie Reyna Deputy City Manager

Ernie Reyna has been named Perris’ deputy city manager. Reyna, who worked in local government for 23 years, joined the city nearly two years ago as its finance director, according to a statement on the city’s website. He began his new position last month. “I am pleased to announce that …

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Riverside industrial building sells for $3.7 million

building sold

An 18,000 square-foot industrial building in Riverside has been sold for $3.7 million. The structure, located at 887 Marlborough Ave., was sold by New Power Inc. in Riverside to a private investor, according to Avison Young Ontario. New Power Inc., which Avison Young represented, is a solar power company. It …

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RivCo seeks help with drawing supervisor borders

hearing redistricting

Riverside County is asking for public input regarding the redrawing of its supervisorial districts. Redistricting, which California counties are required by law to do every 10 years, is based on population changes accounted for in the 2020 Census, according to a statement on the county’s website. “Fair and equal representation is …

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Route ’66 festival back in business

Route ’66 Cruisin’ Reunion

One year after being sidelined by COVID-19, the Route ’66 Cruisin’ Reunion is returning to downtown Ontario. This year’s event is scheduled to be held Sept. 17 and 18 and will again feature vintage automobiles, live music, vendors, games, and food along the Euclid Avenue median, according to the Greater …

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