Cash sales accounted for 29.9 percent of all home sales in the Inland Empire in January, a three-percent increase year-over-year, according to data released this week. That was below the national rate – 36.5 percent- for the first month of the year, Irvine-based CoreLogic reported. Nationwide, cash sales peaked in …
Read More »Logistic conference scheduled
The Inland Empire chapter of APICS, a major trade association for supply chain and operations professionals, will host a meeting on global supply chain trends and strategies. The APICS-IE Spring Symposium: Disruptive Innovation in Logistics is scheduled to be held May 6 at Eagle Glen Golf Club in Corona, according …
Read More »CVB Financial posts strong first quarter
Ontario-based CVB Financial Corp. and its subsidiary, Citizens Business Bank, reported net income of $28.5 million for the first quarter of this year. That’s an increase of $1.4 million from the fourth quarter of 2016 and a $5.1 million increase year-over-year, according to a statement released Tuesday by CVB Financial. …
Read More »Housing market stays strong
March was a solid month for the Southern California housing market. A total of 22,042 houses and condominiums, both new and resale, changed hands last month, according to data released Tuesday by CoreLogic in Irvine. That was a 47.6 percent increase month-over-month and a 7.8 percent increase compared with March …
Read More »Higher gas tax won’t fix state roads
Raising California’s gasoline tax to 12 cents per gallon won’t raise enough money to fix the state’s damaged roads, a report released Monday stated. While California does have some of the worse roads in the nation, money for repairs – which usually come from motor fuel taxes – is declining …
Read More »City sets up vehicle electric charges
Moreno Valley has installed three electric vehicle charging stations in the city hall parking lot that are available to the public. The station, at Frederick Street and Calle San Juan De Los Logos, has gotten steady use since it opened during the first week of April, said Jeannette Olko, division …
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