Friday , March 29 2024

Real Estate

Housing development marks end of an era

Inland Empire Business News January, 2015.004

What is believed to be the last affordable housing project built in Riverside County with redevelopment funds has been completed. Highgrove Blossom Apartments, a multifamily community in the unincorporated community of Highgrove, was developed by Workforce Homebuilders LLC and the Jamboree Housing Corporation in partnership with Riverside County and the …

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Inland professional organization helps food bank

NAIOP Inland Empire Schedules Real Estate Tour.001

The local chapter of a national commercial real estate organization has made a major donation to a local food bank. On Dec. 9, NAIOP Inland Empire presented a $2,500 check to Feeding America Riverside/San Bernardino, said Steven Batcheller, the chapter’s president and a partner with Panattoni Development in Newport Beach. …

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State home sales are sluggish

Inland Empire Business News August 13, 2014.001

Sales of single-family homes in California totaled 376,480 in November, down 5.3 percent from October and down 3.4 percent year-over-year, according to data released Wednesday by the California Association of Realtors. Monthly home sales have now been below 400,000 since November 2013, despite slower price gains and the lowest interest …

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Gated community proposed

Inland Empire Business News December 17th.001

The Murrieta City Council is scheduled to consider tonight a proposal for a gated community that would allow horses. Temecula developer Larry Markham wants to build the project at Dry Creek Drive and Vineyard Parkway on Murrieta’s western border, according to a report in The Press-Enterprise. Single-family homes would be …

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Drop in housing starts is downplayed

Warehouse Deal Approved As Property Values Drop.001

U.S. housing starts dropped 1.6 percent in November, but don’t panic: the nation’s housing market is still in recovery mode. Slightly more than one million housing projects began construction nationwide, as the single-family and multi-family markets effectively offset each other, according to data released recently by the U.S. Department of …

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Housing market is sluggish

Inland Empire Business News for May 16th, 2014.002

The Southern California housing market isn’t finishing 2014 with bang. Home sales in November were at their lowest for that month in seven years, while home prices also flattened, according to CoreLogic DataQuick’s monthly report on the region’s housing industry. A total of 15,634 houses and condominiums were sold in …

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