Housing affordability improved modestly during the fourth quarter of last year, helped by slightly lower interest rates and lower home prices. Overall, 62.8 percent of all new and existing homes that were sold during the three months of 2014 nationwide were affordable to families earning the U.S. median income of …
Read More »Inland credit unions want to merge
Altura Credit Union and Visterra Credit Union are planning to merge. Both Inland Empire-based financial institutions announced their plans Thursday, according to a report in The Press-Enterprise. If approved, the merger could be completed by July 1. The new company, Altura Credit Union, would be worth an estimated $1 billion, …
Read More »On The Move
Darren Feldman has been named Cal Fire Unit Chief for San Bernardino County. Feldman, a 1983 graduate of Pacific High School, has worked for Cal Fire since 1985, when the agency was known as the California Department of Forestry, according to a report in the Inland Valley Daily Bulletin. Feldman, …
Read More »On The Move
A retired Municipal Court judge who worked in Ontario and Rancho Cucamonga was the Best in Show judge at this week’s Westminster Dog Show in New York. David Merriam judged the 139th annual competition – the winner was a beagle named Miss P, selected from a group of seven finalists …
Read More »State housing sales are slow
January was a slow month for California’s housing market. An estimated 25,325 new and resold houses were sold statewide last month, a 30.6 percent drop compared with December and a two percent decline year-over-year, according to CoreLogic DataQuick, which released its monthly state housing report Wednesday. Historically, last month was …
Read More »Inland job growth better than state’s
Job growth in the Inland Empire is outperforming California’s job growth, as well as some of the state’s larger metropolitan areas. Employment grew 2.6 percent last year in Riverside and San Bernardino counties, compared with 2.2 percent growth statewide, according to report by the non-profit Los Angeles County Economic Development …
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