Single-family home sales in Southern California were flat last month compared with one year earlier, according to data released Tuesday. A total of 24,326 new and used home were sold in the six-county market in June, a drop of -0.2 percent compared with June 2015, Irvine-based CoreLogic reported in its …
Read More »FHA Loans Hottest in the Inland Empire
FHA loans, which are home loans insured by the Federal Housing Authority, now account for approximately 30% of all home loans in the United States. FHA loans in California can be hard to come by in some cities because of high property values – but according to one local mortgage …
Read More »City Lifts Water Restrictions
Riverside is turning the water back on. Based on recommendations from the city’s public utility and its board, the city council Tuesday voted to return to stage one of Riverside’s water conservation ordinance, according to a statement released Wednesday. That means no more mandatory restrictions on outdoor watering. From now …
Read More »Inland Empire Rents on the Rise
It’s getting more expensive to rent an apartment in the Inland Empire, although that’s not necessarily a bad thing. Rental rates were up 7.9 percent in Riverside and San Bernardino counties compared with June 2015, according to the latest edition of Matrix Monthly, which is published by Yardi Systems Inc. …
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, Ed wishes everyone …
Read More »Much Travel Expected for the Holiday Weekend
Southern Californians are expected to get out of town – by road, air or sea – in big numbers this Fourth of July weekend. A little more than three million Southern California residents are expected to take an Independence Day vacation this year, be a 1.3 percent increase compared with …
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IE Business Daily Business news for the Inland Empire.