Tag Archives: Featured

Tight standards for mortgage lending are apparently holding back single-family home sales. Eighty three percent of homebuilders nationwide reported losing sales within the last six months because potential buyers couldn’t qualify for a housing loan, according to a recent study by the National Association of Homebuilders in Washington, D.C. The …

As listeners of my weekly radio show know, I regularly encourage parents to talk about politics with their children. Not at a granular level, of course; I don’t expect most 10-year-olds to keep track of how many seats the Republicans need to take control of the Senate, nor do I …

One of the country’s largest developers of logistics facilities is scheduled to go before the Moreno Valley City Council tonight with a cut-down version of a proposed development. San Francisco-based ProLogis had proposed building six industrial buildings that combined would have covered about 2.2 million square feet, according to a …

National retail sales continued to post solid numbers last week. Sales were up 3.8 percent year-over-year for the week that ended Saturday, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index. Compared to the previous week, national sales were down a minuscule 0.7 …

Moreno Valley voters will decide next month whether to elect the city’s mayor or keep the current practice of letting the city council choose the mayor from one of its five members. The city’s Nov. 4 ballot includes three measures related to the potential change: one of those, Measure R, …

Southern California’s housing market remained a seller’s market in September. The median price of a single-family home last month was $413,000, the highest price for September in five years, according to CoreLogic DataQuick’s monthly report on the region’s housing industry. That price, an 8.1 percent year-over-year increase, was slightly below …