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Home equity rises

Local, National Home Prices Continue to Increase

Homes with mortgages saw their equity increase by 12.3 percent nationwide during the second quarter, according to data released Thursday. That represented a gain of nearly $981 billion compared with the second quarter of 2017, Irvine-based CoreLogic reported. The average homeowner gained $16,200 in home equity during that time. About …

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Housing community to show first models

A gated community in Corona that will one day accommodate more than 1,600 home will display its first model homes Saturday. Bedford, which is being developed by The New Home Company in Aliso Viejo, is located southwest of the Cajalco Road-Interstate 15 interchange according to a statement released Wednesday. It …

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Riverside logistics building changes hands

Warehouse Deal Approved As Property Values Drop.002

A 504,000-square-foot warehouse-distribution facility in Riverside has been sold. Meridian Distribution Center II, which is part of the planned Meridian Business Park industrial project, sold for a reported $52 million, according to a  statement released Tuesday. Invesco Real Estate, a global real estate investment firm, bought the project from Sun …

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Entrepreneurs: A Fascinating Group of People!

By Eugene E. Valdez, AKA The Loan Doctor For more than 40 years I have been fascinated with the subject of entrepreneurship and entrepreneurs. I have lent money to them, interviewed them, written about them, consulted and coached them, and I have been one for over 15 years, (Still am!). …

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CSUSB opens facilities for students, faculty

Cal State San Bernardino has opened an on-campus community and dining complex. Coyote Village and Coyote Commons was inaugurated Monday with a ribbon-cutting in the project’s courtyard, according to a statement. Tomás D. Morales, university president,  Harry Le Grande, interim vice president of student affairs, Shari McMahan, provost and vice …

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Brown signs bill that helps sidewalk vendors

Gov. Jerry Brown has signed a bill that will make it easier for sidewalk vendors to operate in California. The bill, which Brown signed Monday, prohibits criminal penalties for sidewalk sales of food and other goods, according to multiple reports. Vendors will also be able to petition the courts to …

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