Tuesday , June 18 2024

Real Estate

Pending home sales rise

Inland Empire Business & Real Estate News

Pending home sales rose to their highest level in nine years during May, according to data released Monday by the National Association of Realtors. The Pending Home Sales Index, which is based on signed contracts, rose nearly one percent last month and is currently at 112.6, which is 10.4 percent …

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Rialto property is on the market

Inland Empire Business News 01-14-14.001

Bids are being accepted on a vacant parcel in Rialto that can accommodate up to 30 single-family homes. Arrowhead Meadows covers 4.5 acres immediately south of San Bernardino Avenue between Bloomington and South Cactus Avenues, said Brian King, land advisor for WD Land in Irvine. The property, which is near …

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Home prices continue to rise

Inland Empire Business News January, 2015.004

Home prices rose 6.3 percent throughout the country during May compared with May 2014, a report released Tuesday stated. That number, which includes distressed sales, means prices of single-family homes have gone up year-over-year for 39 consecutive months, according to CoreLogic’s May 2015 Home Price Index. Month-over-month, home prices were …

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Inland office vacancy drops

Inland Empire Business News.001

The Inland Empire office market is coming back to life, albeit slowly. Riverside and San Bernardino counties absorbed 13,600 square feet of office space during the second quarter of this year, according to Newmark Grubb Knight Frank. That was a modest amount, but enough to lower the region’s vacancy rate …

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Inland gets new industrial project

Inland Empire Business News for May 13th, 2014.001

A 2.4 million-square-foot industrial project is being developed in Eastvale. Goodman Commerce Center Eastvale will include a community shopping center, a hospital, medical offices, a business park and industrial buildings, according to Irvine-based Goodman Birtcher, the project’s developer. Information on the project was posted on Goodman Birtcher’s website. Goodman Commerce …

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CalPERs to sell much of its investment portfolio

Inland Empire News for April 2.002

The California Public Employees Retirement System announced Tuesday that it plans to sell up to $3 billion of its real estate investment holdings. The pension fund – better known as CalPERS – has hired Park Hill Group, a global asset management firm, to help with the deal, according to a …

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