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Tune in to The Main Event this Saturday Morning at 9:30 on AM590

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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, as well as real estate and mortgage trends. Ed delivers intelligent radio with unique, witty and irreverent flair. This week, Ed opens the show with …

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Report blasts teachers’ low pay

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The union that represents teachers in the California State University system have issued a report criticizing administrators for allowing salaries to fall behind other education systems during the past 10 years. About half the faculty in the California State system are part-time employees, and the average faculty member earns $45,000 …

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Former bankrupt retail project up for sale

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A mixed-use complex in Ontario that fell into bankruptcy is back on the market. Plaza Continental, at Inland Empire Boulevard and Porsche Way immediately north of Interstate 10, is being marketed by Keen-Summit Capital Partners LLC in New York, according to a statement. The 120,000-square-foot center consists of restaurants and …

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Apartment complex sells

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A 44-year-old apartment complex in Moreno Valley has been sold. Hemlock Terrace, a 15-unit structure at 23889 Hemlock Ave. north of the 60 Freeway, sold for $1.2 million, said Kevin W. Boeve, regional manager for Marcus & Millichap Ontario. The buyer and seller were each described as private investment groups …

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Housing prices up

Inland Empire Economy Improves While Housing Falls.001

U.S home prices rose 1.1 percent in January month-over-month, according to data released Tuesday. The increase compared with January 2014 was more substantial – 5.7 percent – CoreLogic’s monthly report on national housing prices stated. Twenty seven states and the District of Columbia were either at or within 10 percent …

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Walmart alcohol permit to be discussed

Inland Empire Business News January, 2015.003

The Pomona City Council will hold a special public hearing regarding whether a Walmart Neighborhood Market should be allowed to sell alcohol. The Planning Commission voted last month to allow the store at 778 E. Arrow Highway, which opened recently, to sell beer, wine and other forms of liquor, according …

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