Confidence in the housing market among builders of single-family homes dropped slightly this month. The level of confidence among homebuilders dropped two points – to 53 – according to the National Association of Home Builders /Wells Fargo Housing Market Index, which was released Monday. That’s still on the positive side …
Read More »Wildomar likes Walmart
Barring any legal challenges, a Walmart Supercenter will be built in Wildomar. The city council Wednesday voted 5-0 in favor of the project, which will be developed on 22 acres near the interchange of Interstate 15 and Bundy Canyon Road in the northern part of the city, according to a …
Read More »Meredith property in Ontario might finally see some action
An Orange County developer wants to put light industrial buildings on the parcel next to Interstate 10 near Vineyard Avenue. The land, which is privately owned, is a commercial developer’s dream, but it’s been vacant for more than 50 years. The largest parcel of undeveloped commercial property in the Inland …
Read More »Foreclosures take a fall
More good housing news: foreclosures fell dramatically across the country during the first month of this year. The national foreclosure inventory dropped 33.2 percent year-over-year in January while completed foreclosures fell 22.5 percent during that time, according to data released Tuesday by CoreLogic in Irvine. Forty three thousand foreclosures were …
Read More »Cash sales of homes continue to drop
Cash sales made up 35.5 percent of all home sales in December, down three percentage points compared with the previous year. That marked 24 consecutive months of year-over-year declines in cash sales, according CoreLogic, which issued its monthly report on cash transactions in the U.S. housing market Monday. Cash purchases …
Read More »Another supermarket chain to test So Cal market
A grocery store chain in the Pacific Northwest will open 83 stores in California in locations that are occupied by Albertsons or Vons. Haggen, based in Bellingham, Wash., bought 146 of 168 stores that both chains were ordered to sell as the result of a merger agreement that was reached …
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