Latest news & information from Barstow, CA
A Balboa Peninsula house owned by auto tycoon Fletcher “Ted” Jones Jr. has hit the market at just under $30 million.
The 9,478-square-foot house includes an infinity swimming pool facing Newport Harbor and docks that can accommodate two 65-foot…
President-elect Donald Trump’s naming of veteran Wall Street banker and hedge-fund manager Steve Mnuchin to be the next Treasury secretary quickly turned into a polarizing appointment on Wednesday as financiers cheered the selection while watchdog groups warned that it could lead to rollbacks of…Original Article: http://www.latimes.com/business/realestate/la-fi-mnuchin-react-20161130-story.html
The San Diego County economy was unchanged in October as the presidential election neared its end, said a monthly study from University of San Diego.
Consumer confidence was up for a fourth month in a row but the region was dragged down by local stock prices and a reduction in help wanted advertising,…Original Article: http://www.latimes.com/business/realestate/sd-fi-usd-index-20161130-story.html
Real estate developers are seeing green.
Responding to interest among home buyers for eco-friendly dwellings, developers are building energy- and water-efficient features into homes, reusing materials instead of buying new ones and purchasing bicycles for residents to use.
They’re also catering…Original Article: http://www.latimes.com/business/realestate/la-fi-hp-green-buildings-20161201-story.html
Don’t expect Congress to do much as it finalizes its session before the end of 2016. Next year, though, is shaping up to be huge for real estate as lawmakers gear up to tackle tax reform, reform of Fannie Mae and Freddie Mac, and flood insurance. On tax reform, key commercial real estate incentives could face major revamping, These include property depreciation, 1031 exchanges, and carried interest. What’s more, overall tax rates could be lowered, business interest expensing reduced, and infrastructure spending beefed up. The video also looks at what NAR is doing to help its… Read
VICTORVILLE — Next month could mark a full year of no movement in the Securities and Exchange Commission’s case against the city, which now threatens to carry into 2017 and hang over Victorville’s head for a fifth year.It seems longer, now, than just February 2014 when City Manager Doug Robertson, addressing an audience at the annual State of the City event, expressed his belief that the lawsuit could soon retire with a whimper.”I don’t think they have a case. Our […]Original Article: http://www.vvdailypress.com/news/20161130/sec-case-stagnates-likely-to-hang-over-victorvilles-head-for-fifth-year?rssfeed=true
APPLE VALLEY — The nearly 3-mile-long walking path atop the eastern bank of the Mojave River is approximately 60 percent complete, but the finish date has been pushed several weeks to accommodate an extension of the project to the town’s southern border.Work on the Mojave Riverwalk South project began on Oct. 19, Town spokeswoman Kathie Martin confirmed Tuesday, and will result in a 12-foot-wide concrete trail from the Bear Valley Road bridge south to Poppy Road. […]Original Article: http://www.vvdailypress.com/news/20161129/mojave-riverwalk-south-completion-pushed-to-february?rssfeed=true
APPLE VALLEY — Authorities responded to a shooting in Apple Valley early Wednesday morning and are conducting a homicide investigation in the 16700 block of Pauhaska Road.San Bernardino County Sheriff’s Department spokeswoman Cindy Bachman said deputies responded to a shooting at a home on Pauhaska Road a little before 1:45 a.m.Bachman said homicide investigators were requested to the scene and additional information was not immediately available. […]Original Article: http://www.vvdailypress.com/news/20161130/authorities-investigate-early-wednesday-morning-fatal-shooting-in-apple-valley?rssfeed=true
APPLE VALLEY — A motorcyclist was airlifted to a local trauma center with major injuries after the first of two traffic collisions involving motorcycles in Apple Valley on Tuesday night.San Bernardino County Sheriff’s Department deputies responded to the first collision reported at 7:06 p.m. at the Apple Valley and Symeron roads intersection. Apple Valley Sheriff’s Station spokeswoman Trish Hill said deputies found a motorcyclist with unknown injuries after the […]Original Article: http://www.vvdailypress.com/news/20161130/motorcyclist-airlifted-in-one-of-two-collisions-in-apple-valley-tuesday-evening?rssfeed=true
VICTORVILLE — Jordan Campbell scored 35 points as the Adelanto boys basketball team topped Twentynine Palms 80-70 in a Rancho Mirage tournament game Tuesday.Campbell, the reigning Daily Press Boys Basketball Athlete of the Year, also had eight rebounds and five steals.Jermaine Jenkins added 19 points and five rebounds and Elijah Acevedo had 18 points.The game was played at Victor Valley High.Adelanto (2-0) will play La Quinta on Thursday at […]Original Article: http://www.vvdailypress.com/sports/20161129/area-roundup-11-29-16-jordan-campbell-leads-saints-in-tournament-victory?rssfeed=true