Real Estate

The number of mortgaged residential properties in the Inland Empire with negative equity attached to them declined during 2015, another indication of the local housing industry’s slow but steady improvement. In all, 92,310 homes – about 11.2 percent of residential properties with a mortgage Riverside and San Bernardino counties – …

Distressed home sale accounted for 10.7 percent of all single-family home sales in the Inland Empire in December, Irvine-based CoreLogic reported Wednesday. Since February 2009, when distressed sales in Riverside and San Bernardino counties reached a peak of 76.3 percent, the region’s share of distresses sales have dropped 65.6 percent. …

Inland Empire home prices, including distressed sales, were up 6.1 percent in January compared with one year earlier. That number followed the national trend: single-family home sales, including distressed sales were up 6.9 percent in January compared with January 2015, Irvine-based CoreLogic reported in its Home Price Index and Forecast, …

To no one’s surprise, the Inland Empire’s industrial market remained strong during the fourth quarter of last year. The region’s industrial sector recorded a 3.3 percent vacancy rate and absorbed more than 8.5 million square feet of space during that time, according to data released Monday by Lee & Associates …

Cash sales of Inland Empire homes dropped slightly in November. Overall, 25.6 percent of all home sales in Riverside and San Bernardino counties during that month were cash transactions, a year-over-year decline of 1.4 percent, according to data released Friday by CoreLogic Irvine. That was well below the national rate …

The Inland Empire recorded a foreclosure rate of 0.70 percent in December, down 0.18 percent year-over-year, according to data released Tuesday. Foreclosure activity in Riverside and San Bernardino counties during the last month of 2015 was lower than the national foreclosure rate, which was 1.20 percent, Irvine-baed CoreLogic reported in …