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Real Estate

Home cash sales continue to drop

Inland Empire Business News January, 2015.004

Cash sales accounted for 33.7 percent of all U.S. home sales in April, according to CoreLogic in Irvine. That was down from 37.4 percent in April 2014, the 28th consecutive month that category has declined and the lowest percentage recorded since September 2008, stated CoreLogic, which released its monthly report …

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Home sales explode in June

Inland Empire Business News week of October 14.001

Single-family home sales in Southern California rose 18.1 percent in June compared with one year earlier, according to data released Thursday. Sales have now been up year-over-year for five consecutive months, the longest stretch of year-over-year gains since the first half of 2013, stated DataQuick’s monthly report on the Southern …

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Foreclosures down as economy keeps improving

Inland Empire News for April 13th.002

Foreclosures fell substantially in May, another sign that the housing market is recovering. The U.S. foreclosure inventory declined 27.4 percent in May year-over-year, with the national foreclosure inventory at 491,000 units, according to a report released Tuesday by CoreLogic in Irvine. That means about 1.3 percent on all homes were …

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QVC to occupy part of Meredith property in Ontario

QVC Comes to Inland Empire

Sares-Regis Group, a major real estate and property manager throughout the western United States, has purchased 150 acres in Ontario where it will build three million square feet of industrial space. The land, next to Interstate 10 at Vineyard Avenue, is part of the 243-acre parcel owned by the Meredith …

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Health club up for sale

LA Fitness in Inland Empire Sells Locations

LA Fitness in Lake Elsinore is up for sale. The facility, at 18550 Dexter Ave., opened in 2008 and is available for $13.9 million, according to CBRE Group Inc., which is marketing the property. The club, which is next to Interstate 15, covers more than 45,000 square feet and sits …

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SB office building is back on the market

Inland Empire Business News.001

A local commercial real estate brokerage has been hired to market a long-vacant office building in San Bernardino. The two-story building in the SBD Corporate Center is owned by the Inland Valley Development Agency and was last used by the U.S. Defense Department as an accounting office, said Rick Lazar, …

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