Real Estate

U.S. homeowner is staying put longer than they once did. The typical U.S. homeowner today stays in their home for 12 years, the longest period since 2022, according Redfin. Homeowner tenure peaked at 13.4 years in 2020, but declined gradually during the next three years because of the increase in …

A set of commercial fueling lanes under construction at a 7-Eleven in San Bernardino have been sold for $3 million. The project’s developer, Chase Partners Ltd. in Glendale, sold the project to an Orange County investor whose name was not released, according to Hanley Investment Group in Corona Del Mar. …

A shopping center that will cover nearly 300,000 square feet will be built in Victorville. Desert Sky Plaza II will be developed on 30 acres at the southeast corner of Roy Rogers Drive and Amargosa Road, according to NewMark Merrill Companies, Inc. in Calabasas, the project’s developer. Ground is expected …

A 20,000-square-foot building is under construction at Apple Valley Commons. The structure, which is expected to be completed this summer, will be home to Ulta, Bath and Body Works, and Five Below, according to Lewis Retail Centers in Upland. Apple Valley Commons covers 424,000 square feet on 49 acres at …

A 120-unit multifamily development in Victorville that will be used for affordable housing has been sold for $21 million. Golden Sands Apartments was purchased by Aspen Real Estate Financial LLC, in partnership with the Housing Authority of the County of San Bernardino and the California Affordable Housing Agency, according to …

Sales of an estimated 40,000 single-family homes were cancelled nationwide in January, the equivalent of 13.7 percent of the home-sale contracts signed during that month, according to Redfin. That was a slight year-over-year increase and the most canceled sales in the first month of the year since 2017, the Seattle-based …