The City of San Bernardino has a long history of rejecting private investment opportunities within her boundaries. Opposition to private development both large and small have ranged from objections to minor land use changes to the adoption of strict foothill development codes to rejection of the reuse of existing railroad …
Read More »Tribal casino to enlarge
The Pechanga Band of Luiseno Indians has announced plans to expand the tribal-owned and operated Pechanga Resort & Casino. The proposed $285 million expansion would include construction of a wing that would include 548 hotel rooms along with nearly 70,000 square feet of space to be used for conventions, concerts …
Read More »Housing affordability is static
National housing affordability was stable during the third quarter, as single-family home prices firmed up throughout most of the country. Overall, 61.8 percent of the new and existing homes that were sold from July 1 through Sept. 30 were affordable to families earning the U.S. median income of $63,900, according …
Read More »Tune in to The Main Event this Saturday Morning at 9:30 on AM590
Tune in to The Main Event this Saturday morning at 9:30 on AM590 with host Ed Hoffman as he discusses national, regional and local current events, as well as trends in the local real estate market. Ed delivers intelligent radio with unique, witty and irreverent flair. This week, Ed opens …
Read More »Hospital planned for Murrieta
A 50-bed rehabilitation hospital will be built in Murrieta. Birmingham, Ala.-based HealthSouth plans to begin construction during the third quarter of 2016, according to a company statement. The two-story, 54,000-square-foot facility will treat patients recovering from major injuries, illnesses and surgeries. The hospital, which will provide about 300 construction jobs …
Read More »October home sales slump
Single-family home sales in Southern California were less than stellar last month. A total of 19,271 homes were sold in the six-county region last month, the lowest number for October in three years, according to CoreLogic DataQuick. That represented a drop of 0.4 percent compared with September – a typical …
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