The Moreno Valley City Council Wednesday approved the World Logistics Center, ending three years of sometimes bitter debate within the city on a project that likely will transform not only Moreno Valley but the entire Inland Empire. The 3-2 vote concluded a 16-hour public hearing that was held over three …
Read More »Small retail center is sold
A neighborhood retail center in Riverside has been sold. Tyler Village, an eight-building development near Galleria at Tyler, sold for $13 million, according to Faris Lee Investments, which represented both parties in the transaction. The sale was announced Monday. The buyer and seller were identified only as private investors in …
Read More »Local housing market stays strong
Southern California’s housing market continued to improve in July. Single-family home sales were up only 0.6 percent month-over-month but rose nearly 17 percent compared with July 2014, according to CoreLogic’s monthly report on the region’s housing market, which was released Tuesday. A total of 24,235 new and existing houses and …
Read More »VA Home Loan Requirements for Credit Scores
If there’s one thing most buyers know about VA loans, it’s that they are the best way for veterans of the United States military to purchase a home with no money down. But one thing that isn’t always understood is the relationship between VA loans and credit scores (also known …
Read More »Vote nears on logistics project
The battle over a massive warehouse project propose for Moreno Valley raged on Tuesday, as residents on both sides of the issue voiced their opinions and occasionally traded insults during a contentious city council meeting. The World Logistics Center would cover 40.6 square feet – roughly the size of 700 …
Read More »Home builders still bullish on the market
Builders’ confidence in the single-family home market was essentially unchanged this month, rising only one point. Still, the 61 ranking is the highest reading since November 2005, according to data released Monday by the National Association of Home Builders, a trade association in Washington, D.C. Builder confidence is on a …
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