Real Estate

In other housing news, distressed sales accounted for 8.8 percent of all home sales nationwide during April, a drop of three percent year-over-year. In the Inland Empire, distressed sales accounted for 10 percent of all home sales during that month, CoreLogic reported Tuesday. That was the largest drop of any …

The upside is that vacancy is down, absorption is up and lease rates are holding steady. The downside is that any speculative construction, the sign of a truly healthy market, isn’t likely to happen soon. He may be in the minority, but Jerry Holdner believes the long-struggling Inland Empire office market …

The Inland Empire office market perked up a little during the second quarter. The two-county region’s vacancy rate during April, May and June was 14.1 percent, essentially unchanged from the 14.4 percent rate recorded during the first quarter, according to CBRE Group Inc. However, from May 2011 to May of …

Single-family home sales, including distressed sales, were up six percent in the Inland Empire in May compared with exactly one year earlier, according to data released Tuesday. That figure was virtually identical to the national figure – a 5.9 percent increase in sales year-over-year – recorded during May, Irvine-base CoreLogic reported …

The Inland Empire industrial market continued to roar during the second quarter. Vacancy was 3.7 percent, net absorption was 6.2 million square feet, approximately 17.2 million square feet of development was under construction and lease rates were 50 cents per square foot as the quarter ended, according to CBRE Group …

Single-family home sales in Southern California were flat last month compared with one year earlier, according to data released Tuesday. A total of 24,326 new and used home were sold in the six-county market in June, a drop of -0.2 percent compared with June 2015, Irvine-based CoreLogic reported in its …