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Home prices continue to rise

Inland Empire Business News January, 2015.004

Home prices rose 6.3 percent throughout the country during May compared with May 2014, a report released Tuesday stated. That number, which includes distressed sales, means prices of single-family homes have gone up year-over-year for 39 consecutive months, according to CoreLogic’s May 2015 Home Price Index. Month-over-month, home prices were …

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Inland office vacancy drops

Inland Empire Business News.001

The Inland Empire office market is coming back to life, albeit slowly. Riverside and San Bernardino counties absorbed 13,600 square feet of office space during the second quarter of this year, according to Newmark Grubb Knight Frank. That was a modest amount, but enough to lower the region’s vacancy rate …

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Inland gets new industrial project

Inland Empire Business News for May 13th, 2014.001

A 2.4 million-square-foot industrial project is being developed in Eastvale. Goodman Commerce Center Eastvale will include a community shopping center, a hospital, medical offices, a business park and industrial buildings, according to Irvine-based Goodman Birtcher, the project’s developer. Information on the project was posted on Goodman Birtcher’s website. Goodman Commerce …

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What’s Really Important

By Ed Hoffman After last week’s Supreme Court’s decision on same-sex marriage being constitutional in all 50 states, the White House was bathed in rainbow lighting for an evening. Naturally, President Obama spoke up because he only comments on things that are important to him, his uninformed base, and the …

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Battle over massive logistics project in Moreno Valley is far from over

Inland Empire Gets New Commerce : Development Proposals.002

The Planning Commission said yes last week to the World Logistics Center, but the 40.6-million-square-foot development still must be approved by the City Council. If the council says yes, the project’s opponents can take their case to court, and that could last awhile. Moments after the Moreno Valley Planning Commission …

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Economy posts healthy job growth

Inland Empire Business News December 17th.002

The U.S. economy added 223,000 jobs last month, as employers continued to hire at a steady pace. That was enough to drop the national unemployment rate to 5.3 percent, down from 5.5 percent in May and the lowest it’s been since April 2008, the U.S, Labor Department reported Thursday. Although …

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