U.S. home builders expressed growing confidence in the housing market this month. The National Home Builders Association/Wells Fargo Housing Market Index rose four points, to 58, during the past month, according to data released Tuesday by the Washington, D.C.-based trade association. Low interest rates, job creation and affordable home prices …
Read More »Retail stays up
The drop in gasoline prices continued to help retail sales last week. Nationwide sales were up 2.2 percent for the week that ended Saturday compared with the same week in 2013, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. Week-over-week, sales were …
Read More »Engineering merger announced
An Inland Empire engineering firm has merged with an engineering company in Los Angeles. I.W. Consulting Engineers Inc. in Riverside has joined forces with Psomas, which has maintained offices in Riverside since the early 1980s, according to a report in The Press- Enterprise. The merger, which took about one year …
Read More »California home sales stay flat
Despite the lowest mortgage rates in a year and a half, California’s housing market stayed flat in October. Home prices also increased at their slowest rate since 2012 during that time, according to data released Tuesday by the California Association of Realtors. Closed escrow sales of single-family detached homes totaled …
Read More »A Guide to Thanksgiving Dinner Debates
By Ed Hoffman If you’re accustomed to arguing your way through Thanksgiving dinner and you need the latest, greatest hot button issue to bring to the table, here it is: Jonathan Gruber. I’m not talking about quarreling with your relatives over the Affordable Care Act; no matter how you feel …
Read More »San Bernardino again considering outsourcing police service
The San Bernardino City Council today might ask the San Bernardino County Sheriff’s Department if it’s interested in providing police protection to the city. The council’s vote comes almost two years after it first asked the department what it would cost to provide police service in San Bernardino, according to …
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