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Century 21 Peak has acquired American Inland Empire R.E., Inc., a real estate company that does business as Weichert Realtors 24/7. The purchase, which was announced last week, is part of Century 21 Peak’s bid to expand its market share in Southern California during the next five years. Terms of …

Home prices, including distressed sales, were up 5.6 percent year-over-year in the Inland Empire in October, according to data released Tuesday. That was below the national rate of 6.7 percent, Irvine-based CoreLogic reported. “While national home prices increased 6.7 percent, only nine states had home price growth at the same …

Palm Springs is about to make it more difficult for people to rent vacation units in the city. The city council last week passed changes to its ordinance regarding vacation rental units, including limiting a location to no more than 32 rental contracts per year, according to a statement on …

The U.S. economy added 178,000 jobs in November and the unemployment rate fell to 4.6 percent, according data released Friday. That was a drop of 0.3 percent compared with October and the lowest national unemployment rate since August 2007, the U.S. Department of Labor reported. The national unemployment rate has …

Inland Empire credit unions loaned more than $1.7 billion within the local community during the third quarter, a 12 percent year-over-year increase, according to the California and Nevada Credit Union League. That was the highest amount loaned by local credit unions since 2010, as well as a 57 percent increase …

The Inland Empire’s foreclosure rate dropped in September, another sign that the region’s economy continues to mend. Among all outstanding mortgage loans in the two-county region, 0.49 percent were in some state of foreclosure, a drop of 0.23 percentage points year-over-year, Irvine-based CoreLogic reported. That was lower than the national …