Tuesday , February 25 2025
Breaking News

Tag Archives: featured

OIA Traffic Down

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 …

Read More »

Distressed Sales Continue to Fall

National pending home sales drops slightly

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 …

Read More »

Foreclosure Rater Stays Down

Inland Empire Foreclosures Down

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 …

Read More »

Cash Sales of Inland Empire Homes Stay Low

Home Cash Sales

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 …

Read More »

Company in RC Lands Military Contract

Gentex Corp

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 …

Read More »

Study Predicts Bright Economic Future for State, Inland Empire

Both California and the Inland Empire should experience stronger economic growth than the nation during the next year or more, according to report released Tuesday. Turmoil in other countries has slowed U.S. exports and damaged the commodities industry, causing a modest drop in business investment, according to a forecast released …

Read More »