Fontana has received $3.5 million that it will use to help low-income seniors upgrade their homes. The city will get $2.5 million from its Older Adult Modification program, which pays for home improvements that make a residence safer and more functional, according to a statement on the city’s website. Besides …
Read More »State housing market has solid finish to 2024
Statewide sales of existing single-family homes totaled 268,180 in December, essentially unchanged from November and up 19.8 percent compared with December 2023, according data released Jan. 17. December’s statewide median home price was $861,020, up 1.0 percent from November and up 5.0 percent from December 2023, when the median price …
Read More »West end props up Inland industrial market
The Inland Empire industrial market was a story of east versus west during the fourth quarter of 2023. The west end – Ontario, Rancho Cucamonga, Fontana – continued to improve in the last three months of the year, positive net absorption, declining vacancy and only slight declines in lease rates, …
Read More »IE office market has solid fourth quarter
The Inland Empire office market finished 2024 on a relatively strong note, with stable vacancy, positive net absorption and a steady average lease rate. Vacancy in Riverside and San Bernardino counties during the last three months of 2024 was 7.9 percent, essentially unchanged from the third quarter, according to CBRE. …
Read More »CAR to donate to fire victims
The California Association of Realtors will contribute $600,000 to two charities it sponsors to help victims of the recent Southern California wildfires. The Los Angeles-based trade association will donate $300,000 to its Disaster Relief Fund and $300,0000 to the National Association of Realtors’ Relief Foundation, according to a statement on …
Read More »Southwest Riverside County needs a four-year college degree, group says
A group of educators and business people is working to bring a four-year university to the Temecula Valley. The Southwest Riverside County Higher Education Coalition wants to convert part of a building on Mt. San Jacinto College’s Temecula Valley campus into the only four-year college or university in the region. …
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