Real Estate

Home builders are bullish on the housing market. Builder confidence in new, single-family homes in July reached 60, according to the National Association of Home Builders /Wells Fargo Housing Market Index, which was released recently. At the same time, June’s index was upgraded one point to 60. The last time …

To no one’s surprise, the Inland Empire industrial market performed spectacularly during the second quarter of this year. About 9.2 million square feet of industrial space was absorbed into the Inland market during that time, bringing the amount absorbed during the first half of this year to 11.8 million square …

Latest numbers shows things are improving, but at a slow pace. Speculative development is probably not on the horizon. The Inland Empire office market is coming back. Not very quickly, but it is coming back. That’s the conclusion of Newmark Grubb Knight Frank, one of the first of the major …

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 …

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 …

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 …