Inland Empire

Like so many industrial cities in California, Riverside-San Bernardino is being affected by the recession and housing crisis more than most other parts of the U.S. Unemployment has hit 13.7 percent, home vacancy and rental vacancy rates are high, and home values are plummeting. Median home prices are down more than 55 percent from their peak in 2006. By the beginning of next … [Read more...] about 10 housing markets that will collapse this year

Four years after the housing bubble burst, this once-booming desert city far northeast of Los Angeles is nursing an economic hangover that won’t quit: one of 67 homes is in some stage of foreclosure, unemployment is nearly 17 percent and the busiest place in the threadbare historic downtown is a thrift store attached to a food bank. Yet beyond the foreclosure signs and … [Read more...] about Victorville pins hopes on revamped George Air Force Base

Businesses in Hesperia’s enterprise zone have picked up tax credits for more than 140 employees since 2010. via Enterprise zone meant tax credits for 140+ employees | zone, employees, enterprise - Hesperia Star - The Star of the West. … [Read more...] about Hesperia Enterprise zone meant tax credits for 140+ employees