Real Estate

U.S. apartment rents grew 2.9 percent during the third quarter, according to data released Wednesday. That was a .4 percent increase from the second quarter, reversing – at least for the moment –  a trend of slowing price increases that began in 2015, reported RealPage Inc, a Texas-based real estate …

Southern California home sales continued to fall  in August while prices in the six-county market rose to near-record highs. Sales of homes and condominiums fell 8.1 percent last month compared with August 2017, according CoreLogic, the Irvine-based real estate research firm. That follows a stagnant market in July and an …

Homes with mortgages saw their equity increase by 12.3 percent nationwide during the second quarter, according to data released Thursday. That represented a gain of nearly $981 billion compared with the second quarter of 2017, Irvine-based CoreLogic reported. The average homeowner gained $16,200 in home equity during that time. About …

A gated community in Corona that will one day accommodate more than 1,600 home will display its first model homes Saturday. Bedford, which is being developed by The New Home Company in Aliso Viejo, is located southwest of the Cajalco Road-Interstate 15 interchange according to a statement released Wednesday. It …

A 504,000-square-foot warehouse-distribution facility in Riverside has been sold. Meridian Distribution Center II, which is part of the planned Meridian Business Park industrial project, sold for a reported $52 million, according to a  statement released Tuesday. Invesco Real Estate, a global real estate investment firm, bought the project from Sun …

Pardee Homes Inland Empire has broken ground on Atwell, a master-planned community in Banning. The project’s first phase will include 480 residential sites, two retail pads and a K-6 school site, according to a statement. It’s the first project of its kind in Banning in more than two decades. When …