Tag Archives: featured

Housing affordability in California hit a 10-year low during the third quarter, according to the California Association of Realtors. Twenty eight percent of California households could afford the median price of $555,680 during that period, down one percent from the second quarter and three percent year-over-year, the trade association reported …

Flagstar Bancorp Inc. has agreed to buy eight branch offices of Desert Community Bank in San Bernardino County. Cost of the transaction was not disclosed, but the eight branch offices combined have an estimated $600 million in deposits and $70 million in loans, according to a statement. The purchase, which …

Ontario International Airport is preparing for an increase in holiday passenger traffic. An estimated 432,000 passengers are expected to use the airport during the Thanksgiving and Christmas travel periods, an increase of 6.2 percent compared with last year, according to a statement. Passenger levels at Thanksgiving – Nov. 18 through …

Stater Bros. opened a supermarket in Norco on Wednesday. The store, at 2430 River Road, is part of the Norco Village Shopping Center, which is being developed by Upland-based Lewis Retail Centers, according to a statement. A ribbon-cutting ceremony was held at 6 a.m., after which the store officially opened …

Delinquent mortgages throughout the United States dropped slightly in August, according to data released Tuesday. Nationwide, 4.6 percent of all mortgages were in some state of delinquency – 30 days or more past due – during August, a decline of 0.6 percent year-over-year, Irvine-based CoreLogic reported. Also in August, the …

Moreno Valley’s economic development has been recognized for its online excellence by the International Economic Development Council. The council recently presented the city with a Gold Excellence in Economic Development Award for its website, MorenoValleyBusiness.com, which is designed to attract businesses to the city, according to a statement. The website, …