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Inland foreclosures decline

Real Estate Good in Inland Empire

Foreclosures in the Inland Empire were down year-over-year in July, according to data released Friday. The rate of foreclosures among outstanding mortgage loans in the Inland region that month was 0.72 percent, down from 0.97 percent in July 2014, Irvine-based CoreLogic stated in its monthly report on U.S. foreclosures. That …

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IE industrial continues to grow

Major warehouse-distribution facility open in Fontana

The Inland Empire’s industrial market remained strong during the third quarter, as available space continued to drop and lease rates kept rising. The two-county region recorded 7.2 million square feet of positive net absorption during that time, according to Voit Real Estate Service’s third quarter report on the industrial market …

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On The Move

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Skateboard champion Tony Hawk will serve as Community Grand Marshall in the 24th Annual Palm Springs Festival of Lights Parade, scheduled for Dec. 5. More than 100,000 people are expected to line the parade route along Palm Canyon Drive and Ramon Road to view the city’s major holiday event, according …

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On The Move

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Luke Watson has been named Temecula’s community development director. Watson, who began his new position last month, has held a variety of positions with the city during the past 10 years, was selected after a four-month search, according to a city release. The community development director position opened up when …

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Inland housing agencies receive grants

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Three housing rehabilitation agencies in the Inland Empire have received grants from the Wells Fargo Housing Foundation. Habitat for Humanity Riverside received $100,000, while HomeStrong USA/Hometown Community Development Corp. and National Community Renaissance, both in Rancho Cucamonga, received $50,000 each, according a foundation statement. The grants are typically used for …

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Ontario to get upscale auto dealership

Auto loans help local credit union growth

Audi, the German manufacturer and distributor of luxury automobiles, is coming to Ontario. Workers are expected to begin grading on a five-acres of open space the company purchased on Inland Empire Boulevard between Archibald and Vineyard avenues, according to multiple sources. No formal construction schedule has been set, but the …

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