Tuesday , February 4 2025

Real Estate

High Desert Posts Solid Numbers

High Desert Posts Solid Numbers

The High Desert real estate market is picking up a little steam. The region absorbed more than 291,000 square feet of industrial space during the fourth quarter of 2015, with an average lease rate of 68 cents per square foot, according to Dock High, a news letter published every two …

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Home Cash Sales Inch Down

Home Cash Sales

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 …

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Housing Market Slows Down

Housing Market Takes a Dip.001

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 …

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New Retail Center Lands More Tenants

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 …

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Furniture Mover Leases Moreno Valley Building

Warehouse Deal Approved As Property Values Drop.002

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 …

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Housing Affordability Improves

Inland Empire Housing Market Stays Strong

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 …

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