Real Estate

San Bernardino County needs to build more single-family homes that people can afford to buy, and the sooner that happens the better. That was the overwhelming consensus at a housing policy conference held Friday at the Doubletree Hotel in Ontario. The event, which attracted about 250 people, was sponsored by …

Distressed sales, including bank-owned properties and so-called short sales, accounted for 10.1 percent of all single-family home sales in the Inland Empire during March, according to data released Thursday. That number was significant because it marked the greatest improvement of any major market from its distressed sales peak, which in …

A building in Victorville that is occupied by a KinderCare Learning Center has been sold. The free-standing structure at 13615 Bear Valley Road sold for $4.6 million, according to Faris Lee Investments. Faris Lee represented the seller, a private investment group in Beverly Hills. ReMax FH Commercial represented the buyer, …

The number of underwater residential properties in the Inland Empire dropped during the first quarter of this year, another sign of the region’s housing market’s slow but steady improvement. Overall, 10.2 percent of mortgaged residential properties in Riverside and San Bernardino counties had negative equity at the end of the …

Inland Empire home prices, including distressed sales, were up 5.9 percent in April year-over-year, according to data released Tuesday. That matched both the state and national trend: prices of single-family homes in April were up 6.6 percent in California and 6.2 percent nationwide compared with April 2015, Irvine-based CoreLogic reported …

One of the largest multifamily communities in the Inland Empire has been sold. Terracina Apartment Homes, a 736-unit project in Ontario, sold for $142.1 million, according to a statement by Marcus & Millichap. The sale, which works out to more than $193,000 per unit, was announced Thursday. The transaction was …