Real Estate

National home builders are confident about the housing market’s immediate future, according to data released Wednesday. The National Association of Home Builders/Wells Fargo Housing Market Index rose four points to 56 in April, as all three components of the index – sales expectations, buyer traffic and current sales conditions – …

Nationwide foreclosures declined by 27.3 percent in February, down 15.7 percent year-over-year, according to data released Tuesday. There were an estimated 39,000 home foreclosures during the second month of the year, a decrease of 67 percent from the peak of completed foreclosures in September 2010, according to CoreLogic in Irvine, …

Thirty eight point nine percent of all single-family home sales in the United States during January were cash transactions, according to data released Thursday. That was down from 41.4 percent in January 2014, a 2.5 percent drop and the 25th consecutive month of year-over-year declines, according to Irvine-based CoreLogic, a …

A two-building industrial park in Riverside has been sold. Citrus Business Park sold for a little more than $18 million, or $94 a square foot, CBRE Group Inc. said in a statement released Wednesday. The park, at 1111 and 1221 Citrus St. in Hunter Industrial Park, opened six years ago. …

The national housing market remained a seller’s market during February. Including distressed sales, prices rose 5.6 percent compared with February 2014, marking three consecutive years of year-over-year price increases, according to data released Tuesday by CoreLogic in Irvine. In the Inland Empire, prices were up 5.1 percent in February counting …

A Dallas-based investment firm will develop a speculative logistics project in Redlands that will cover nearly one million square feet. Crow Holdings Capital-Real Estate has bought nearly 43 acres of open space at Alabama Street and Almond Avenue and will build two industrial buildings there, according to a statement by …