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Tag Archives: Real Estate

Housing market starts 2017 strong

Inland Empire Business & Real Estate News

January was a solid month for home sales in Southern California. A total of 15,422 new and previously occupied houses and condominiums were sold in the six-county region last month, the most sold in during January since 2013, Irvine-based CoreLogic reported Monday. That marked a 24.6 percent drop from December …

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Office campus sold

Newmark Grubb Knight Frank has completed the sale of Empire Towers I-IV, an office development in Ontario. The complex, which covers 400,976 square feet, sold for $78.5 million, according to a statement released Tuesday. The seller was a joint venture between CIP Real Estate in Irvine and Guggenheim Partners LLC, …

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Housing market starts 2017 strong

Southern California Housing Continues to Shine

California’s housing market got off to a solid start in January. Single-family home sales totaled 420,100 during the first month of the year, up 2.1 percent compared with December and 4.4 percent year-over-year, according to the California Association of Realtors. The median price of a single-family home last month was …

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Housing affordability remains steady

Inland Empire Housing Prices Signal Trouble.001

Thirty one percent of California households could afford to buy a median-priced home – $511,360 – during the fourth quarter of 2016, according to the California Association of Realtors. That percentage was unchanged from the third quarter but was up 30 percent year-over-year, the association reported, the Los Angeles-based association …

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Neighborhood shopping center sells

Upland Village, a grocery-anchored retail center whose tenants include Grocery Outlet and Dollar Tree, has been sold. The 60,857-square-foot development at the northeast corner of Mountain Avenue and West Eighth Street, sold for $17.2 million, according to statement released by Hanley Investment Group Real Estate Advisors in Corona Del Mar. …

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Inland Empire real estate brokerage sold

Inland Empire Retail Properties Sold

An Upland-based affiliate of Century 21 Real Estate LLC has been purchased by another affiliate of that company. The office of Century 21 Prestige was bought for an undisclosed sum by Century 21 Peak in Los Angeles, a real estate brokerage firm and a member of the Peak Corporate Network …

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