A four-property, multi-family portfolio in Yucaipa and Calimesa has been sold. The Yucaipa properties are at 12350-12370 5th Street and 35455 Yucaipa Blvd, according to CBRE Group Inc. which announced the transaction Monday. The two sites in Calimesa are at 221-233 West County Line Road and 419 West County Line …
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Inland Empire home prices, including distressed sales, rose by 6.6 percent in June, according to data released Tuesday. Month-over-month, sales in Riverside and San Bernardino counties were up – 1.2 percent – Irvine-based CoreLogic reported in its monthly report on U.S. home prices. Nationwide, home prices – including distressed sales …
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The High Desert office market recorded a vacancy rate of 4.2 percent and net absorption of 16,828 square feet during the second quarter, according to Lee & Associates Commercial Real Estate Services. Average lease rates were $1.17 per square foot, according to Dock High, a quarterly newsletter published by Lee …
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Pending home sale dropped in California for the sixth consecutive month, a possible sign that the state’s housing market might be slowing down, according to data released Monday. The pending home sales index was 117.9 last month, down from 119 in June 2016, a drop of nearly one percent, the …
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June was another good month for home sales in Southern California. Sales were up 8.5 percent month over month and 4.3 percent compared with June 2016, according to data released Tuesday by CoreLogic in Irvine. A total of 25,515 new and used houses and condominiums were sold last month, up …
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Sales of existing homes in California reached their highest pace in close to four years last month, despite the lowest inventory so far this year. Total sales were 443,150 in June, up 3.3 percent compared with May and up 2.4 percent year-over-year, according to data released by the California Association …
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IE Business Daily Business news for the Inland Empire.
