Real Estate

U.S. home builders are apparently a little less optimistic this month about the U.S. housing market. Builder confidence in the prospective sale of new, single-family homes fell to 54, down two points month-over-month but up nine compared with May 2014, according to the National Association of Home Builders/Wells Fargo Housing …

The U.S. housing market is a lot like California’s housing market. One day after the California Association of Realtors announced that single-family homes statewide were a little more affordable during the first quarter, the National Association of Home Builders released data saying the same thing about the country as a …

Buying a home in California got a little easier during the first quarter of this year. The percentage of home buyers who could afford a median-priced, single-family home in the state rose to 34 percent during the first three months of 2015, up from 31 percent during fourth quarter of …

A commercial strip in Temecula might be turned into a residential thoroughfare. The 560-acre Jefferson Avenue Corridor, now populated mostly with strip malls and office parks, could be rezoned so that more than 3,700 new apartments and condominiums would be built there, according to a report in The Press-Enterprise. The …

Foreclosures fell substantially in March, as the U.S. housing industry continued its crawl back to where it was before the recession hit. Year-over-year, the number of houses in foreclosure dropped 25.7 percent during the third month of the year while completed foreclosures declined 15.5 percent, according to CoreLogic, the Irvine-based …

Nearly 150 commercial real estate professionals teed it up Thursday at NAIOP Inland Empire’s annual golf tournament. The event, held at the challenging Industry Hills course in the City of Industry, raised $10,000 for Special Operations Warrior Foundation, a national organization founded 35 years ago. The non-profit entity provides scholarships …