There aren’t houses to meet demand, but a close look at the market shows much to be optimistic about, according to a study. If you want to buy a house in the Inland Empire, and you can afford one, now might be the ideal time to do so. That’s the …
Read More »City adds affordable apartments
Fontana has opened an affordable apartment complex meant to help low and very-low income residents. The 69-unit Rosena Fountains development sits on 4.3 acres at 9451 Olive St., according to a statement. The project, the eighth affordable-housing development to open in Fontana since 2003, is a public-private partnership between the …
Read More »Home sales hit record high
Southern California housing prices reached another record in April, according to data released this week. The median price of an existing single-family home or condominium in the five-county region was $520,000, up $1,000 from the previous record set in March, CoreLogic in Irvine reported. That was a 7.2 percent increase …
Read More »UCR study is optimistic about local housing market
There are no signs of a pending housing bubble, and 2018 might end up being the best year in recent memory for people trying to buy a home in the Inland Empire, according to a study. Single-family home prices have doubled in the Inland region since 2011, and market fundamentals …
Read More »Solar panel mandate causes concern among homebuilder trade group
Starting in 2020, all houses built in California must have solar panels. That will add to the cost of houses, but trade group officials say the move was inevitable. You’ll never guess which agency is supporting the state’s plan to require solar panels on virtually all new houses. The Building …
Read More »State homes become slightly more affordable
Higher wages and lower prices combined to make houses in California more affordable during the first quarter of this year, according to a report released Tuesday. Thirty one percent of the state’s potential homebuyers could afford the median-priced home of $538,640 during the first three months of 2018, up from …
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