Real Estate

The Southern California housing market is officially off to a weak start in 2019. Sales of single-family houses and condominiums totaled 12,665 in January, a  drop of 17.1 percent compared with January 2018, CoreLogic in Irvine reported. That was the lowest number of houses sold in January since 2008, when …

The Inland Empire recorded 20 of the largest industrial leases signed in the United States last year, the most of any submarket, according to CBRE. Pennsylvania’s Interstate 78-Interstate 81 corridor, Dallas-Ft. Worth, Atlanta and Chicago completed the top five markets with mega industrial leases, CBRE stated in a report it …

CBRE has negotiated the sale of a 40,000-square-foot retail space in Moreno Valley occupied  by Jerome’s Furniture. The property, at 12500 Day St., was purchased by an undisclosed investor from Northern California for $7.3 million, according to a statement. The site is at a 60 Freeway offramp near the Moreno …

 A  257,260-square-foot warehouse-distribution facility is under construction at the Meridian Business Park in Riverside. The structure, which is being developed on 13.5 acres near Interstate 215, is expected to be finished during the second quarter, according to a statement released by Reno-based Dermody Properties, the project’s developer. Dermody will own …

By Phillip B. Burum The American home is for most Americans the biggest and best investment they will make in their lifetimes and one of the best, most environmentally-sound and cost-effective ways to enhance that investment is with landscaping. Improving your landscaping can save money, conserve water and energy and …

Twenty eight percent of all California households were able to purchase a median-priced home – $564,270 – during the fourth quarter of 2018, according to data. That was virtually unchanged from the third quarter but was a two percent year-over-year drop, the California Association of Realtors reported. An annual income …