Distressed home sale accounted for 10.7 percent of all single-family home sales in the Inland Empire in December, Irvine-based CoreLogic reported Wednesday. Since February 2009, when distressed sales in Riverside and San Bernardino counties reached a peak of 76.3 percent, the region’s share of distresses sales have dropped 65.6 percent. …
Read More »Free Trees Available
Riverside Public Utilities’ customers may once again claim a free shade tree they can plant in their yard or outside of their business, courtesy of the department. For the 15th consecutive year, customers may present their March billing statement at one of four city nurseries and receive a tree free …
Read More »Housing Crisis Caused by State and Local Governments
California has a housing affordability crisis. According to Beacon Economics, Californians spend more of their income on housing than in any other state in the country. Beacon also blames high housing costs for the out-migration of 22 percent of middle class Californians to other states. These figures are notable. Some …
Read More »Tune in to The Main Event this Saturday Morning at 9:30 on AM590
Tune in to The Main Event this Saturday morning at 9:30 on AM590 with host Ed Hoffman as he discusses national current events and politics, with a few mortgage tips along the way. Ed delivers intelligent, entertaining radio that makes hard news easy to understand! This week, the show starts …
Read More »Inland Empire Bank Merger is Official
Ontario-based Citizens Business Bank has completed its merger with County Commerce Bank in Ventura County. The transaction, which was announced in October, was officially completed Monday, according to a statement by CVB Financial Corp., Citizens Business Bank’s holding company. Citizens Business Bank now has six locations in Ventura County: the …
Read More »Moreno Valley Lands Auto Dealership
Moreno Valley will soon have another automobile dealership. Hyundai of Moreno Valley will be developed on a five-acre site at 27500 Eucalyptus Ave. near the Stoneridge Towne Center, said Mike Lee, the city’s economic development director. The 25,000-square-foot project, which is expected to be open for business by the end …
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