Tag Archives: featured

Despite what you might see on the news or read online, California is not worst state in which to do business, and the state’s economy is not about to slide into the Pacific Ocean. That was the message delivered Thursday by economist Chris Thornberg at the 7th Annual Inland Southern …

Passenger traffic at Ontario International Airport dropped slightly in August, according to data released this week. Overall passenger count last month was 357,854, a 2.9 percent decline compared with August of 2015, Los Angeles World Airports reported. Domestic traffic was essentially flat – 344,676 passengers a year-over-year drop of 1.82 …

Distressed sales accounted for 7.8 percent of all home sales in the United States during June, while real estate-owned sales accounted for 4.9 percent of those transactions, according to data released Thursday. Bank-owned sales were 23.9 percentage points below their peak of 27.9 percent in January 2009, Irvine-based CoreLogic reported …

The Inland Empire’s foreclosure rate was essentially unchanged in July, according to data released Wednesday. Of the region’s outstanding mortgage loans, 0.54 percent were in foreclosure, down from 0.74 percent in July 2015, Irvine-based CoreLogic reported. That was below July’s national foreclosure rate, which was 0.93 percent. The Inland Empire’s …

Cash transactions accounted for 24 percent of all home sales in the Inland Empire during June, essentially unchanged year-over-year. Nationwide, cash sales were 29.3 percent, a drop of 2.5 percent compared with June 2015, according to data released Tuesday by Irvine-based CoreLogic. That was the first time that home cash …

A Michigan-based company with an operation in Rancho Cucamonga has won a contract from the U.S. Army. Gentex Corp. will be paid $82.5 million to manufacture the Joint Service Aircrew Mask at its facility at 9859 7th St., according to statement by Rep. Pete Aguilar, D-Redlands. The mask will provide …