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SoCal housing prices continue to rise

Home Prices Increase

Southern California home prices continued to rise in July, as the state continued to be plagued by a seemingly endless housing shortage. The median price of a home last month was $501,000, a 7.7 percent increase compared with July 2016, Irvine-based CoreLogic reported Tuesday. That was the highest price recorded …

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Defendants in Colonies trial found not guilty

Colonies corruption trial

A San Bernardino County Superior Court jury acquitted three defendants in the Colonies Crossroads case Monday, all of bribery and corruption charges filed against them. Rancho Cucamonga developer Jeff Burum, former County Supervisor Paul Biane and Mark Kirk, former chief of staff to then-Supervisor Gary Ovitt, were all charged in …

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New bus service launched

The Riverside Transit Agency Monday launched RapidLink Gold Line, an express route between UC Riverside and Corona. RapidLink, which runs on weekdays only, travels Magnolia and Riverside avenues during peak commuting  hours, according to a statement on the agency’s website Buses leave every 15 minutes. They’re expected to run about …

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Study says climate regulations have helped Inland Empire economy

UC Berkeley report says Sacramento’s efforts to slow down climate change have created thousands of jobs and pumped millions of dollars into the state’s economy. Critics are skeptical, particularly regarding the full impact of cap-and-trade. Conventional wisdom, at least among some economists, holds that climate-change regulations like the ones California …

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Local credit unions pump out auto loans

Auto loans help local credit union growth

Inland Empire credit union members took out loans for new and used automobiles at a solid pace during the second quarter. Loans for new vehicles during that period totaled $446 million, a figure not reached in the Inland region since 2006, according to data released Friday by the Ontario-based California …

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OIA passenger count stays up

OIA Gets Positive Bond Rating

Passenger traffic at Ontario International Airport rose 9.2 percent in July year-over-year, according to data released Friday. The airport served 383,349 passengers last month compared with 350,969 in July 2016, the Ontario International Airport Authority reported. Domestic passenger traffic was up 8.7 percent, while the airport’s two international carriers – …

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