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Office Building Up for Sale

Office Building Up for Sale

An office building in Hemet that is mostly occupied by the Riverside County Department of Public Social Services is for sale. The building, at North San Jacinto and East Oakland avenues, covers nearly 130,000 square feet and is available for $20.5 million, according to CBRE Group Inc., which is marketing …

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Inland Empire Foreclosures Down

Inland Empire Foreclosures Down

Foreclosures in the Inland Empire were down slightly in September, according to data released Tuesday. The two-county region’s foreclosure inventory for that month was 0.7 percent, down 0.2 percent compared with September 2014, CoreLogic reported in it most recent national foreclosure report. There were 5,534 home foreclosures in Riverside and …

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Housing Development Slated to Help Veterans

VA Home Loan Requirements

A groundbreaking ceremony was held Monday at March Air Reserve Base on a housing project that will help homeless and low-income veterans. The 138-unit March Veterans Village is being sponsored by U.S. VETS, a national non-profit that helps at-risk veterans, the Coachella Valley Housing Coalition and the March Joint Powers …

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NAIOP Bus Tour Draws Strong Crowd

NAIOP Bus Tour Draws Strong Crowd

An estimated 300 brokers and developers took a bus ride through the Inland Empire Thursday, as NAIOP’s Inland Empire chapter held its annual tour of new industrial properties in the two-county region. This year’s tour had eight buses, the most the event has had since 2007, said Devon Sulli, the …

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Inland Empire Foreclosures Drop

Inland Empire Foreclosures Drop

Foreclosure rates in the Inland Empire were down in August year-over-year, according to data released Thursday. The foreclosure rate for Riverside and San Bernardino counties during that month was 0.71 percent, down from 0.94 percent in August 2014, a decrease of 0.23 percentage points, Irvine-based CoreLogic reported in its monthly …

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Inland Empire Distressed Properties on the Decline

Inland Empire News for April 13th.002

The Inland Empire housing market is doing a good job of ridding itself of its distressed properties. The percentage of distressed properties sold in Riverside and San Bernardino counties in August was 11.4 percent, down from its peak of 76.3 percent in February 2009, according to data released Wednesday by …

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