Real Estate

Housing affordability in California hit a 10-year low during the third quarter, according to the California Association of Realtors. Twenty eight percent of California households could afford the median price of $555,680 during that period, down one percent from the second quarter and three percent year-over-year, the trade association reported …

Delinquent mortgages throughout the United States dropped slightly in August, according to data released Tuesday. Nationwide, 4.6 percent of all mortgages were in some state of delinquency – 30 days or more past due – during August, a decline of 0.6 percent year-over-year, Irvine-based CoreLogic reported. Also in August, the …

McKinley Crossroads, a retail center in Corona anchored by a 24-Hour Fitness and a Simply Fresh Market, has been sold. The 202,134-square-foot facility at 275 Teller St. next to the 91 Freeway has been sold to ShopOne Centers REIT Inc., according to a statement. The name of the seller, as …

U.S. home prices, including distressed sales, rose sharply in September, mostly because of a low of inventory that is driving up prices in most markets, according to data released Tuesday. Nationwide, the average price of a home was up seven percent compared with September 2016 and nearly one percent compared …

A pair of apartment complexes in Colton have been sold for a combined $33 million. San Diego-based Logan Capital Advisors, a development company that specializes in affordable housing, bought the properties at 2270 Cahuilla St. and 1333 Reche Canyon, which combined include 214 units. Average size per unit is 800 …

California’s pending home sales dropped for the third consecutive month in September. Compared with September 2016, pending sales of houses and condominiums were down six percent last month, according to data released by the California Association of Realtors. Compared with August, the news was a little more encouraging, as pending …