Real Estate Update: Riverside, California

Real Estate Update Riverside

Riverside and I have a long, amazing history together. I have lived here for more than fifteen years with my lovely wife, Ruby. Two of my four daughters graduated from Riverside City College and UC Riverside and they love the college town atmosphere near both campuses. Although my fifteen years is only a drop in […]

2018 Proposed Accounting Rules

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Revenue is a crucial measure in assessing the performance and future prospects of any business; however, the guidance for revenue recognition varies in Generally Accepted Accounting Principles (GAAP) to International Financial Reporting Standards (IFRS). Many in the industry today are of the view that both these standards must be improved. As of May 28th, 2014, […]

Rising Inventory in Southern California

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The housing market has been characterized as sluggish, especially in the past decade. While the stock markets shift momentum can be as fast as a fighter jet, the housing market is more like a cruise ship. Since the previous housing bubble (Bubble, 2015), the turning point was indicated with shift in price appreciation and rising […]

Flushing Away Water Waste

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California is currently experiencing one of the worst water droughts in recent history, thanks to poor implementation in preserving water resources. It is estimated that if this problem is not addressed and climate change continues to become an impending reality, then we will soon experience one of the most severe droughts in the history of […]

OneWest Bank Foreclosures in Non-White Communities in California

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On June 9th, 2015, a coalition across the state of California demanded that federal regulators launch an investigation in order to get to the bottom of the extremely and disproportionately high amount of foreclosures made by OneWest Bank among communities of color across California. The analysis of this data was based on processed foreclosures from […]