A Corona homebuilder has purchased an infill property in Upland where it plans to build 42 single-family homes. Meritage Homes Corp. paid approximately $7.5 million for 10 acres on 19th Street immediately west of North Campus Avenue, said Les Whittlesey, founding principal with WD Land Inc. in Irvine. The seller …
Read More »New store for Stater Bros.
Stater Bros. will move into the site of a former Vons store in Hemet. The new store, at 3125 W. Florida Ave., will replace a smaller Stater Bros. store across the street at the corner of Sanderson and Florida avenues, according to a Stater Bros. release. The location, in the …
Read More »Inland region adds construction jobs
Construction jobs increased three percent in the Inland Empire between November 2012 and November 2013, another sign of economic recovery for the two-county region. An estimated 2,100 construction jobs were added in the Riverside-San Bernardino-Ontario market during that 12-month period, according to report released Tuesday by the Associated General Contractors …
Read More »Inland industrial market expected to stay strong
Industrial construction will continue to grow in Southern California during 2014, with much of that activity expected to happen in the Inland Empire, according to a forecast released Monday. About 12.7 million square feet of industrial space is expected to come online in Riverside and San Bernardino counties next year, …
Read More »Housing market hits a bump in the road
Single-family home sales in Southern California fell in November, as potential buyer struggled with higher prices and a shrinking supply of homes on the market. Sales in the six-county region dropped 10.4 percent last month compared with November 2012, according to DataQuick in San Diego. While sales dropped dramatically, the …
Read More »Local foreclosures are down
Home foreclosures in the Inland Empire dropped last month, according to data released last Thursday. There were 2,658 foreclosure filings in Riverside and San Bernardino counties in November, down 5.3 percent compared with October and down 56 percent year-to-year, according to a report originally published in The Press-Enterprise. San Diego …
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