National retail sales were a mixed bag last week. Sales were up a solid 3.2 percent year-over-year during the week that ended Saturday, according to the International Council of Shopping Centers and Goldman Sachs Weekly Chain Store Sales Index, which was released Tuesday. Compared to the previous week, however, sales …
Read More »Obama’s actions merit condemnation
I am writing in response to the letter Bill Phillips of Murrieta submitted, “Obama’s actions merit approval.” I would like to convey my utter and complete disagreement with all of the points presented in his opinion piece, which I find inaccurate, ignorant and inane. I will dissect each of Phillips’ …
Read More »Jumbo loans in California are easier to obtain today than a year ago
For many first time homebuyers the process of purchasing a home can be a daunting one, from choosing a trustworthy realtor, to being assaulted with unfamiliar industry terms and obtaining a loan. Depending on the purchase price of the selected unit, many homebuyers will not be required to understand the …
Read More »Radical water-saving legislation being considered
Legislators in Sacramento are working with Gov. Jerry Brown to craft legislation that would regulate groundwater pumping for the first time in the state’s history. Farmers and cities that tap into California’s underground aquifers – the state’s largest source of water – historically have had no limits on how much …
Read More »Entertainment center to reopen
A former bowling alley in Lake Elsinore will reopen under new management, perhaps within a few weeks. Pins ‘n’ Pockets, formerly the Trevi Entertainment Center, will feature bowling, pocket billiards and banquet facilities, according to a report in The Press-Enterprise. Inland Pacific California owns the building, a 35,000-square-foot structure at …
Read More »No more offices at CBRE Group’s Inland headquarters
No more conventional conference rooms or assigned work spaces, either, as the real estate brokerage shifts to a concept called Workplace360. The idea is to get workers to interact more, but to do that they must forego all personal space. Joe Cesta no longer has an office, corner or otherwise, …
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