Real Estate

Foreclosure rates in the Inland Empire dropped slightly in September compared with one year earlier. Foreclosures among outstanding mortgage loans in Riverside and San Bernardino counties in September was 0.71 percent, a drop of 0.23 percent compared with September 2014, according to data released Thursday by CoreLogic in Irvine. The …

Sales of distressed homes continued to fall in September, both in the Inland Empire and throughout the country. In the Inland Empire, the year-over-year drop was minuscule: 11.3 percent in September of this year compared with 12 percent in September 2014, according to data released Wednesday by CoreLogic in Irvine. …

The Bear Valley Medical and Business Center, an office building in Victorville, has been sold. The one-story structure, at 17310 Bear Valley Road, sold for $10 million to Bear Valley Medical and Business Center LLC, a private investment group, said Don Brown, president of Lee & Associates Victorville. Equitable Bear …

Investment buyers might be leaving the Inland Empire housing market, at least for now. Cash sales accounted for 23.6 percent of all single-family home sales in Riverside and San Bernardino counties during August, down four percent year-over-year, according to data released Thursday by Irvine-based CoreLogic. Cash sales reflect the level …

Southern California’s housing market remained in growth mode but still lost momentum in October, posting sales well below average for that month, according to data released Thursday. A total of 19,930 new and existing homes were sold in the region last month, a 1.3 percent increase compared with October 2014, …

Housing affordability in San Bernardino and Riverside counties fell slightly during the third quarter year-over-year, a pattern that prevailed throughout most of the state. Thirty nine percent of the households in Riverside County could afford the median-priced home in that region – $335,460 – during the third quarter, down from …