In other housing news, distressed sales accounted for 8.8 percent of all home sales nationwide during April, a drop of three percent year-over-year. In the Inland Empire, distressed sales accounted for 10 percent of all home sales during that month, CoreLogic reported Tuesday. That was the largest drop of any …
Read More »Inland Empire Veterans Using the VA Loan Program
Current and former members of the military residing in either Inland Empire county can purchase a home with no money down, thanks to the federal government’s VA loan program. According to one local VA lender, VA loans in California not only offer home buyers the chance to finance a home …
Read More »Job Fair Scheduled For Soon-To-Be Terminated Workers
A job fair will be held Wednesday in connection with the layoff of an estimated 730 warehouse workers in Ontario. The workers, who were working at an undisclosed logistics operation, were associates of Adecco Staffing, a nationwide temporary job placement service, said Sarah Palmer, vice president of marketing with Adecco …
Read More »Grant Will Help City’s Health Program
Perris has received a $20,000 grant from Kaiser Permanente to help continue its community garden program, commonly known as Live Well Perris. The grant, which was presented to the city council last week, will support the program formally known as the Perris Green City Farm Program, which uses high-tech growing …
Read More »Bank Reports Solid Quarter
Alta Pacific Bancorp., the parent company of AltaPacific Bank, has reported a net income of $1.1 million, or 19 cents per share, for the second quarter. During the first six months of the year, the financial institution – which has a strong presence in the Inland Empire – reported a …
Read More »Inland Empire office market continues to improve, but at a snail’s pace
The upside is that vacancy is down, absorption is up and lease rates are holding steady. The downside is that any speculative construction, the sign of a truly healthy market, isn’t likely to happen soon. He may be in the minority, but Jerry Holdner believes the long-struggling Inland Empire office market …
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