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Real Estate

Townhomes slated for Ontario

Townhomes slated for Ontario

A Dallas-based homebuilder will develop 144 townhomes in Ontario. The neighborhood, Eave II, will be part of the Neuhouse masterplanned community, according to Landsea Homes Corp. The project, which will be developed about two miles south of the Interstate 15/60 Freeway interchange, broke ground recently. Sales are expected to start …

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Home equity drops for the first time in 11 years

U.S homeowners with mortgages saw their equity decrease by 0.7 percent year-over-year during the first quarter of 2023, the first such decline since 2012, according to data released today. That represented a combined loss of $108.4 billion, and an average loss of $5,400 per household since the first three months …

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U.S. home prices keep dropping

U.S. home prices record annual decline

U.S. home prices are definitely in decline. Prices of single-family homes went up an average of two percent in April compared with April 2022, the sixth consecutive month of single-digit growth nationwide, according to data released by CoreLogic in Irvine. On the positive side, that was the 135th consecutive month …

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Sprouts to open Rialto store

Sprouts Farmers Market will open a location in Rialto later this summer. The store, at 1524 S. Riverside Ave., is scheduled to open Sept 1, according to a statement. A virtual management hiring event is scheduled for July 12. Candidates should visit  https://about.sprouts.com/careers/ and reference Store 450 to apply online. …

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Rancho Cucamonga office building sells

Sold Sign

A 127,000-square-foot office building in Rancho Cucamonga has been sold for $22.2 million. The two-story structure at 11000 Eucalyptus St. was sold by Mercury Casualty Co. to a buyer whose name was not released, according to a statement. The buyer plans to refurbish the building and lease it to San …

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Norco project nears completion

Norco officials expect a 21,000-square-foot multi-use facility under construction in the Ingalls Event Center to open in March. “The Barn, which is nearing completion on the north end of the 80-acre property, will replace three demolished pole barns that were used mostly for livestock events, according to a statement on …

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