Real Estate

An Indio building that is occupied by a dialysis clinic has been sold. The structure at 82900 Avenue 42, home to DeVita Dialysis, was purchased for $4.2 million by a Los Angeles Investor whose name was not released, according to Progressive Real Estate Partners in Rancho Cucamonga. The seller, represented …

U.S. home prices rose 3.7 percent in August, the 139th consecutive month that prices have gone up year over year. That was the highest 12-month increase since February, enough to leave single-family home prices nationwide 42 percent higher than they were when the pandemic began in the United States in …

A 170-unit residential development in Wildomar has been completed. Tricon Wildomar is a rental community developed by Foremost Pacific Group in Mission Viejo, according to a statement. Located at 24802 Alita Way near Interstates 15 and 215, Tricon Wildomar consists of one-, two-, and three-bedroom townhomes with solar power, rentable …

Sales of existing single-family homes in California are expected to reach 327,100 units in 2024, a 30 percent increase from this year’s projected 266,200 units sold, according to a forecast released this week. The median price of a single-family home statewide is expected to reach $860,300 next year, a year-over-year …

An Orange County industrial real estate company has secured financing on a 22-acre parcel in Moreno Valley. Cap Rock Partners in Newport Beach will either build a 500,000-square-foot industrial warehouse on the site, which is part of the World Logistics Center or sell the property once it’s entitled, according to …

Sales of existing single-family homes in California totaled 254,740 in August, down 5.3 percent from July and down 19 percent from August 2022, according to data released Monday. Statewide, the median home price last month was $859,800, up 3.3 percent from July and a three percent increase year-over-year, the California …