Real Estate

Cash sales accounted for 24.2 percent of all home sales in the Inland Empire during May, according to data released Thursday. That was a 0.5 percent year-over-year drop, Irvine-based CoreLogic reported. The Inland Empire was well below the national rate: cash sales accounted for 30 percent of all home sales …

The foreclosure rate on outstanding mortgage loans in the Inland Empire during June was 0.55 percent, down 0.20 percentage points year-over-year, according to data released Wednesday. Foreclosure activity in Riverside and San Bernardino counties was below the national rate in June, which was 0.95 percent, Irvine-based CoreLogic reported in its …

A judge has upheld Moreno Valley’s approval of the proposed World Logistics Center. Riverside County Superior Court Judge Sharon Waters ruled that the city council did not circumvent state environmental laws when it approved the proposal based on the nearly 50,000 signatures gathered on its behalf, according to a city …

Home sales in Southern California fell 10.7 percent in July year-over-year, the largest 12-month decline of any month in almost two years, according to data released Wednesday. In the Inland Empire, sales of new and resale houses and condominiums were down 7.8 percent in Riverside County and 11.6 percent in …

More than one million square feet of retail development is being planned or is under construction in San Bernardino County, the county reported Monday. A stronger economy, better housing and population growth – San Bernardino County has gone from 2,121,088 residents last year to 2,139,570 residents this year, an increase …

International Village, a 92-unit student housing complex on the campus of UC Riverside, has been sold. The multifamily project, which was built in 2001 exclusively for student use, sold for $20 million to an investment group in the San Gabriel Valley, said Otto Ozen, executive vice president with The Mogharebi …