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Home Prices Increase

Home Prices Increase

Inland Empire home prices, including distressed sales, were up 6.1 percent in January compared with one year earlier. That number followed the national trend: single-family home sales, including distressed sales were up 6.9 percent in January compared with January 2015, Irvine-based CoreLogic reported in its Home Price Index and Forecast, …

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Another Good Month for Inland Empire Manufacturing

Another Good Month for Inland Empire Manufacturing

Manufacturing in the Inland Empire continued to expand during February. The region’s purchasing managers index was 56.5 last month, the second consecutive month that sector has grown, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Fifty or above means the sector is expanding, …

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Don’t Let History Repeat Itself

By Ed Hoffman By the time you read this, Super Tuesday will be over and the Republicans will have a presumptive nominee. And he just might be Donald Trump. Some of you have been ready to vote for Donald Trump since the very moment he entered the race. I wasn’t. …

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Airport Traffic is Flat

Airport Traffic is Flat

Passenger traffic at Ontario International Airport was essentially unchanged in January. The facility handled 312,413 domestic and international passengers during the first month of this year, a year-over-year decline of 934 passengers, or 0.30 percent, according to data released Monday by Los Angeles World Airports. The airport’s two international airlines, …

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Starbucks Opens in Redlands

Starbucks

Starbucks has opened a store in a former drive-thru restaurant on Redlands Boulevard, ending a long-running dispute between Redlands and the project’s developer. The restaurant at 625 E. Redlands Blvd. opened two weeks ago, said Oscar Orci, the city’s director of development services. The disagreement, which lasted several years, involved …

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IE Industrial Market Stays Hot

Inland industrial market is more than solid

To no one’s surprise, the Inland Empire’s industrial market remained strong during the fourth quarter of last year. The region’s industrial sector recorded a 3.3 percent vacancy rate and absorbed more than 8.5 million square feet of space during that time, according to data released Monday by Lee & Associates …

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