Real Estate

The Inland Empire office market continued to improve during the start of 2016. While no new office buildings went online in Riverside and San Bernardino counties during the first three months of this year, approximately 167,000 square feet of office space was under construction there during that time, according to …

February was another good month for the Inland Empire housing market. Year-over-year, sales were up 12.5 percent in Riverside County and 10.8 percent during the second month of the year, according to data released Monday by CoreLogic in Irvine. Median prices were also up in both markets. Riverside’s median price, …

The number of U.S. houses in foreclosure fell nearly 24 percent in February year-over-year, according to data released Tuesday. During the same period, the number of completed foreclosures nationwide dropped 10 percent, according to Irvine-based CoreLogic. Approximately 6.2 million homes have been lost to foreclosure since the recession started in …

Construction has begun on a 444,740-square-foot industrial building at the Southern California Logistics Centre in Victorville. The project, which is being developed on 21.7 acres by Stirling Capital Investments, broke ground in January and has already secured leases from two tenants, according to a statement released Tuesday. One tenant, a …

A group of real estate professionals on Wednesday called on San Bernardino County to diversify its economy and do a better job of marketing itself to young professionals. In short, the county can’t rely forever on an abundant supply of affordable land and housing to attract businesses and grow its …

Distressed sales accounted for 10.5 percent of all single-family home sales in the Inland Empire in January, according to data released this week. That figure remains high, but it still represents significant improvement in the local housing market, Irvine-based CoreLogic reported in its monthly analysis of distressed home sales throughout …