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Tag Archives: Real Estate

Pending home sales fall again

Housing Complex Sells

Pending home sale dropped in California for the sixth consecutive month, a possible sign that the state’s housing market might be slowing down, according to data released Monday. The pending home sales index was 117.9 last month, down from 119 in June 2016, a drop of nearly one percent, the …

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Home prices climb to 11-year high

Home Cash Sales

June was another good month for home sales in Southern California. Sales were up 8.5 percent month over month and 4.3 percent compared with June 2016, according to data released Tuesday by CoreLogic in Irvine. A total of 25,515 new and used houses and condominiums were sold last month, up …

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Despite low inventory, state home sales are solid

Local, National Home Prices Continue to Increase

Sales of existing homes in California reached their highest pace in close to four years last month, despite the lowest inventory so far this year. Total sales were 443,150 in June, up 3.3 percent compared with May and up 2.4 percent year-over-year, according to data released by the California Association …

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Retail center sold

San Bernardino Retail facility on the market

Dollar General Town Center, a shopping mall in San Jacinto, has been sold. The property at 700-728 San Jacinto Ave. sold for $4.9 million to a private family trust in Newport Beach, according to Progressive Real Estate Partners in Rancho Cucamonga. The seller was a private investor in Huntington Beach …

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Local industrial market still on fire

Inland industrial market is more than solid

The Inland Empire’s industrial sector continued to roar during the second quarter, with e-commerce and its accompanying big-box properties accounting for most of the onslaught. Vacancy dropped to 3.3 percent, its lowest level in the current boom cycle, while net absorption rose to 4.7 million square feet, according to CBRE …

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Inland retail posts strong quarter

Inland retail shows growth

The Inland Empire retail market performed solidly during the second quarter, posting a drop in vacancy and a rise in net absorption. Vacancy during the second quarter was 8.9 percent, below 2016 levels and about where it was two years ago, according to CBRE Group Inc. Despite some anchor store …

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