The Trump Administration’s China tariff’s are the closest thing to a cloud on the horizon for a market that stayed red hot during all of 2018. More construction is expected and vacancy should stay low, according to several brokers. Can the Inland Empire industrial market stay as strong in 2019 …
Read More »Home equity gains posted
Homeowners with mortgages saw their equity grow an average of 9.4 percent year-over-year during the third quarter, according to data. That represented a gain of nearly $775.2 billion in home equity since the third quarter of 2017, Irvine-based CoreLogic reported. Nationwide, the average homeowner gained $12,400 in equity during that …
Read More »Student housing project changes hands
A student housing complex in Riverside has been sold. Sterling Highlander, a 216-unit community at 3080 Iowa Ave., sold for an undisclosed sum, according to a statement. Seattle-based Horizon Realty in Seattle was the buyer, The Dinerstein Cos. in Houston was the seller. The pedestrian complex near UC Riverside consists …
Read More »Apple Valley names employee of the quarter
Stephanie Vargas has been named Apple Valley’s employee of the month for the third quarter. A member of the town’s public works department, Vargas helps with irrigation issues and special events, in addition to performing her regular tasks, according to a statement on the city’s website. “Stephanie has shown dedication …
Read More »Brown named head of SBC education board
Hardy Brown II has been president of the San Bernardino County Board of Education. Brown, who was reelected last month for a four-year term, was made president Monday by a unanimous vote of his fellow board members, according to a statement. He was sworn in along with new board members …
Read More »Study: Home ownership still a goal
A majority of California renters aspire to home ownership, according to a report recently released. Half of the state’s renters rank homeownership “very important” or “extremely important,” and four out of five said they want to own a home, according to the California Association of Realtors’ 2018 State of the …
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