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Real Estate

State housing slowdown predicted

Home Prices Up

California’s housing market is expected to weaken next year, the result of high prices that will keep buying a home out of reach for many people, according to a report. Home sales are also expected to decline next year for the first time in four years, the California Association of …

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Foreclosures stayed down in July

Inland Empire Foreclosures Down

Four point one percent of all U.S. mortgages were in some state of delinquency in July, a slight year-over-year drop, according to data. The national foreclosure inventory rate of 0.5 percent was unchanged from the three previous months and virtually the same as one year earlier, Irvine-based CoreLogic reported in …

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Affordable apartment complex planned in Ontario

A groundbreaking is scheduled to be held today on a 101-unit affordable apartment complex in Ontario. The Vista Verde Apartments at East Nocta Street and North Virginia Avenue will help anchor a modern urban village Ontario is developing in the heart of downtown, according to a statement. The project is …

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Shopping center breaks ground

Construction has started on New Haven Marketplace, a shopping center that will serve the master-planned community of Ontario Ranch. The retail project is expected to be completed in about one year, according to a statement released by Frontier Real Estate Investments in Newport Beach, Ontario Ranch’s master developer. New Haven …

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Banning master-planned community underway

Pardee Homes Inland Empire has broken ground on Atwell, the first master-planned community in Banning in more than 20 years. The project’s first phase will include 480 homes, two commercial retail pads and a site for a kindergarten through sixth grade school, according to a statement. Ultimately, Atwell – located …

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Air cargo operation at former military base is sold

An air cargo and industrial facility at the March Inland Port in Riverside has been sold. The March Logistics Center was sold by Westcore Properties, a global real estate investment firm, to Crow Holdings Industrial in Dallas for an undisclosed sum, according to a statement released Thursday. The transaction was …

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