Real Estate

California’s chronic housing shortage was a main topic of conversation Thursday at a luncheon sponsored by the Baldy View chapter of the Building Industry Association of Southern California. The event was the chapter’s second annual education summit, which is dedicated to discussing how schools in San Bernardino County are impacted …

Perris Marketplace, a neighborhood retail center anchored by a Super Walmart, is now fully occupied. Baskin Robbins, Jamba Juice and Daniel’s Jewelers all recently signed leases to locate at the facility at 1700 N. Perris Blvd. near Interstate 215, according to Progressive Real Estate Partners. Details of the leases, which …

A neighborhood retail center next to Riverside Plaza that recently underwent a major renovation has been sold. The property, at 3739-3747 Central Ave., changed hands for a little more than $4 million, Faris Lee Investments announced Thursday. Red Mountain Retail Group in Santa Ana, which revives underperforming shopping malls sold …

U.S. monthly rents rose 2.4 percent in August year-over-year, to an average of $1,352, according to a report. Gains in rent slowed somewhat during the summer, mostly because of a slowdown in multifamily construction, Yardi Matrix reported. Yardi Matrix, which conducts research for the apartment industry, revised its prediction for …

Home prices in Riverside and San Bernardino counties rose 6.8 percent in July compared with July 2016, according to data released Tuesday. Month-over-month, there was a price increase in the two-county region but nowhere near as dramatic: only one percent, Irvine-based CoreLogic reported. The Inland housing market practically mirrored the …

Southern California home prices continued to rise in July, as the state continued to be plagued by a seemingly endless housing shortage. The median price of a home last month was $501,000, a 7.7 percent increase compared with July 2016, Irvine-based CoreLogic reported Tuesday. That was the highest price recorded …