Real Estate

Sales of existing single-family homes in California fell 41.4 percent last month, as the full impact of COVID-19 hit the state’s housing market. That year-over-year decline brought the state’s housing market to its lowest point since the Great Recession and marked the second consecutive month that home sales were under …

U.S. homeowners with mortgages saw their equity increase an average of 6.5 percent during the first quarter of this year compared with the first quarter of 2019, according to data. Nationwide, homes with outstanding mortgages – about 63 percent of the market – have gained roughly $590 billion in equity …

A vitamin manufacturing company has leased four industrial buildings in Norco, where it expects to employ more than 600 people. Goli Nutrition, maker of Gummy Vitamins, will occupy four buildings at 3300-3390 Horseless Carriage Drive that combined cover more than 425,000 square feet, said Paul Earnhart, a senior vice president …

Three point six percent of all U.S. mortgages were in some form of delinquency in March, according to data released Monday. That was a 0.4 percent drop from March 2019, when the national delinquency rate – mortgage payments at least 30 days past due, including foreclosures – was four percent, …

The greatest health crisis in a century is going to lead to more inventory, according to a leading commercial real estate brokerage. One of the world’s largest commercial real estate brokerages is predicting an increase in industrial inventory in the United States during the next five to seven years, an …

U.S. housing prices continued to rise in April, defying fears that the COVID-19 pandemic would drive the market to levels not seen since the Great Depression. Nationwide, prices of single-family homes and condominiums rose 5.4 percent in April compared with April 2019, with all 50 states posting an increase, according …