HESPERIA • Although Hesperia's housing market remains at a near-standstill, construction work is still happening elsewhere in the city on both commercial and government projects slated to open in 2012. via Movie theater, Walmart coming to Hesperia in 2012 | hesperia, theater, walmart - Victorville Daily Press. … [Read more...] about Movie theater, Walmart coming to Hesperia in 2012
Inland Empire
Hesperia’s EB-5 program clears first hurdle
HESPERIA • As Victorville's hopes for a municipally run EB-5 visa investor center fizzle, Hesperia's chances for getting a privately run center that will turn local jobs into visas for overseas investors appears to be on the rise. American Franchise Regional Center got federal approval to set up an EB-5 center here this summer, according to Agnes Yen, principal owner and … [Read more...] about Hesperia’s EB-5 program clears first hurdle
Local residents flock to rental homes, apartments
Real estate brokers say there’s no better time to buy a house because the prices seemed to have hit the bottom and interest rates are low. They predict home prices to go back up in a few years. Investors are buying up cheap properties in the desert with cash and renting them out until the market recovers. But longtime residents have suffered the housing market dip twice in the … [Read more...] about Local residents flock to rental homes, apartments
Foreclosures jump in Inland Empire, Los Angeles County
The so-called "shadow inventory" of future foreclosures may be about to fall on Southern Californias real estate markets. In San Bernardino County, foreclosure filings jumped nearly 30 percent from October to November, new numbers show. Los Angeles Countys foreclosure activity jumped 15 percent. via Foreclosures jump in Inland Empire, Los Angeles County - San Bernardino County … [Read more...] about Foreclosures jump in Inland Empire, Los Angeles County
Forecast: Promising Indicators for Riverside/San Bernardino
“The data simply does not support these hyped-up proclamations that we are headed for a double-dip recession,” says Beacon Economics’ founding partner Christopher Thornberg. “Digging out from the ‘Great Recession’ was never going to be easy, the economy is still way behind where it should be at this stage in the business cycle, but the recovery is underway, nationally and in … [Read more...] about Forecast: Promising Indicators for Riverside/San Bernardino