Wednesday , February 8 2023
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Real Estate

State housing market stays solid in January

Sold Sign

Sales of existing single-family homes in California totaled 444,540 in January, up 3.4 percent from December but down 8.3 percent year-over-year, according to the California Association of Realtors. The year-over-year sales decrease was the seventh straight decline but the smallest in six months, the Los Angeles-based association reported. The statewide …

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Bank of America building sells for $6.15 million

A building in Rancho Cucamonga occupied by Bank of America has been sold. The structure, at 8700 Baseline Road, sold for $6.15 million in an all-cash transaction, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented the seller, WM Capital. Marcus & Millichap represented the buyer, a Northern California …

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Indio apartment complex is sold

Sold Stamp

A 74-unit apartment complex in Indio has been sold for $14.1 million Vintage Palms Apartments was purchased recently by a private investor whose name was not released, according to CBRE. The complex, at 82435 Requa Ave., near Highway 111, has controlled access, on-site laundry, a swimming pool, playground, grill and …

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Mortgage delinquencies drop

Three point six percent of all US mortgages were in delinquency in November, a 2.3 percent year-over-year drop, according to data released Tuesday. Early-stage delinquencies – 30 to 59 days overdue – totaled 1.2 percent, down from 1.4 percent, according to CoreLogic in Irvine. Loans 60 to 89 days past …

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