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| Building permits drop; counties cut back on staffing |
| In another sign of current economic woes, building permits in Riverside and San Bernardino counties continue to drop. In some cases, it's more like a plummet.
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The Press-Enterprise: 11/16/2008
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| Foreclosures continue to bring prices down |
Prices of existing homes in the Victor Valley fell a staggering 6.6 percent in October but the pace of local home sales soared more than 300 percent from last year, according to a report released Mond......
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Daily Press: 10/11/2008
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| Cemex may trade mining contract for Victorville land |
VICTORVILLE — Cemex cement company has agreed to trade a mining contract in Los Angeles County for up to 8,000 acres of federal land near Victorville, which will then be sold to the city.
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Brooke Edwards of the Daily Press: 5/3/2008
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| Recession hits home |
It is predicted that the downturn will continue for about two more years
The Inland Empire is well into a recession that is predicted to be longer and more severe than what the nation feels as ......
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Daily Press: 4/15/2008
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| Project concerns Fairview residents |
Large development proposal includes 3,114 houses and commercial development
APPLE VALLEY — Some residents of Fairview Valley have raised concerns over a project that would bring 3,114 hou......
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Daily Press: 4/14/2008
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| Local home prices dip 6.1 percent in March |
Foreclosure-related sales account for 71 percent of homes sold; prices retreat to 2004 levels
Prices of existing homes in the Victor Valley dropped 6.1 percent last month, and most of the homes......
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Daily Press: 4/12/2008
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| Bernanke says recession possible |
Fed chairman won’t tip his hand on future interest rate cuts
WASHINGTON (AP) — Ben Bernanke knows a recession when he sees one, and he’s starting to sound like that’s ju......
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Associated Press via Daily Press: 4/3/2008
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| How bad is it? |
Nervous Americans are eyeing the economic landscape as more and more bad news hits each week
NEW YORK (AP) — For months, Americans have been subjected to a sort of economic water torture ......
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Daily Press: 3/24/2008
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| Forecasts see prolonged housing woes |
High Desert foreclosures to quadruple in 2008; home prices continue to drop
Prices of existing homes in the Victor Valley dropped 4 percent last month and almost seven out of 10 homes sold loca......
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Daily Press: 3/11/2008
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| Home prices drop 9 percent |
Ownership becoming more affordable
Prices of existing homes in the Victor Valley dropped 9 percent last month and 60 percent of homes sold in January were bank owned — double December's r......
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Daily Press: 2/29/2008
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| Real estate down; offices close |
Several local related businesses affected by downturn
The current housing slump, which is expected to continue through 2008, is causing local real estate businesses to close their doors.
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Daily Press: 2/3/2008
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| Home buyers and commuters wait and see |
Report indicates recovery for new home sales unlikely before 2009
VICTORVILLE — Local Realtors still see a slow market going into 2008 for the High Desert and say it is mostly due to a &l......
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Daily Press: 1/14/2008
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| Furniture stores hit by housing slump |
The beginning of the trend? Experts expects the housing market to take two or three years to recover
Some furniture stores in the Victor Valley are shutting their doors because of lack of sales......
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Daily Press: 12/29/2007
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| Assessor warns of foreclosure scams |
With foreclosures on the rise, con artists are coming up with scams to take advantage of local residents who are already down and out.
The latest scam involves suspicious groups that ar......
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Daily Press: 12/19/2007
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| Victorville to lend $21 million to apartment developer |
Law requires funds to be used for affordable housing
VICTORVILLE — The City Council is preparing to approve an agreement Tuesday to lend a developer more than $21 million to build modera......
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Daily Press: 12/15/2007
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