The number of cash sales in the Inland Empire housing market dropped slightly in February. Cash transactions accounted for 26.4 percent of all the homes sold in Riverside and San Bernardino counties during the second month of the year, according to data released Thursday by CoreLogic in Irvine. That was …
Read More »Housing Market Slows Down
The Southern California housing market hit a bump in the road in April, experiencing a year-over-year drop for the second time in 12 months. Sales in the six-county region were down 3.2 percent compared with April 2016, Irvine-based CoreLogic reported its monthly report on the Southern California housing market, which …
Read More »New Retail Center Lands More Tenants
Perris Marketplace, the recently opened retail center that is anchored by a Super Walmart, has announced the signing of eight new leases. Chipotle, Pacific Dental, Pieology, Popeyes, T-Mobile, Verizon, Waba Grill and Yogurtland will all locate at the shopping center at 1700 N. Perris Blvd. near Interstate 215, according to …
Read More »Furniture Mover Leases Moreno Valley Building
A company that specializes in transporting furniture has leased an industrial building in Moreno Valley that it will use for warehousing and distribution. Wiseway Transportation Services will occupy the 187,800-square-foot building at 24901 San Michele Road beginning Monday, according to a statement on the city’s website. About 15 people will …
Read More »Housing Affordability Improves
Forty eight percent of Inland Empire households could afford the median price of a single-family home in the region – $297,850 – during the first quarter of this year, according to data released Tuesday. That was a three percent improvement compared with the fourth quarter of 2015 but was essentially …
Read More »Distressed Sales Keep Falling
Distressed sales made up 10.3 percent of all homes sales in the Inland Empire during February, according to data released Thursday. That was down from a peak of 76.3 percent in February 2009, a drop of 66 percent, Irvine-based CoreLogic reported in its monthly analysis of distressed home sales in …
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