An estimated 63 percent of all U.S. homeowners with a mortgage saw their equity increase by $766.4 billion during the first quarter of this year, according to data released Thursday. That was an 11.2 percent increase year over year, with the average homeowner gaining about $13,400 in equity during that …
Read More »Low interest rates boost home prices
U.S. home prices, including distressed sales, were up 6.9 percent in April year-over-year, according to data released Tuesday. Home prices – which include single-family attached and detached properties – were up 1.6 percent in April compared with March, Irvine-based CoreLogic reported. One reason for the increase was a drop in …
Read More »Housing conference focuses on housing shortage
California has a serious housing shortage. That was the opinion of virtually everyone who spoke Friday at the fourth annual Housing Policy Conference in Ontario, which was sponsored by the Baldy View Chapter of the Building Industry Association of Southern California. Statewide, home ownership is at its lowest level since …
Read More »Housing shortage to be discussed
There will be much to talk about when the Baldy View chapter of the Building Industry Association of Southern California holds its annual housing conference, scheduled to be held Friday at the DoubleTree Hotel in Ontario. One topic sure to get its share of attention is San Bernardino County’s housing …
Read More »Major Ontario industrial park sold
The Safari Business Center in Ontario, one of the largest industrial projects of its kind in the Inland Empire, has been sold. The development, in the center of the city at 1910 S. Carlos Ave., sold for $141.2 million, the largest industrial transaction in the Inland Empire so far this …
Read More »Ground breaking for major industrial project
Construction has started on a 598,000-square-foot industrial project in Fontana. Sierra Lakes Commerce Center is being built on 27.5 acres on Sierra Avenue about half a mile north of the Foothill Freeway, according to a statement released Wednesday by Trammell Crow Co. and Clarion Partners LLC, the building’s developers. The …
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