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Home cash sales drop

Inland Empire Business News January, 2015.004

Cash sales in the national housing market declined again in March. Overall, 34.6 percent of the housing sales during the third month of the year were cash transactions, down from 39 percent in March 2014, according to a report released Thursday by CoreLogic in Irvine. The year-over-year percentage of cash-related …

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Foreclosures down considerably

Inland Empire News for April 13th.002

Foreclosures fell significantly across the country, in April, another sign that the housing market is returning to health. The foreclosure inventory dropped nearly 25 percent, and completed foreclosures dropped 19.8 percent between March and April of this year, according to data released Tuesday by CoreLogic in Irvine. Nationwide, there were …

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Distressed sales are down, nationally and locally

Inland Empire News for April 13th.002

Sales of distressed houses are down nationwide, another sign that the housing market is improving. Distressed sales accounted for 12.1 percent of all home sales nationwide in March, down 3.2 percent year-over-year and nearly two percent compared with the previous month, according to data released Monday by CoreLogic in Irvine. …

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NAOIP announces market review lineup

Changes coming to Inland Empire Real Estate.002

Dr. John Husing, long-time Inland Empire economist, will discuss the local economy during NAIOP’s annual Mid-Year Market Review, scheduled to be held June 25 at Ontario Convention Center. Husing, who has been analyzing the Inland economy since the mid-1960s, will speak on how the local economy is influencing regional commercial …

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Report: More people can afford a house

Inland Empire Business & Real Estate News

Housing affordability improved nationwide during the first quarter of this year. More than 60 percent of the homes sold during the first three months of 2015 were affordable to families earning the median income of $65,800, according to the National Home Builders Association/Wells Fargo Housing Opportunity Index. Lower prices and …

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Housing prices continue to climb

Inland Empire Business News January, 2015.004

The cost of a single-family home grew rapidly throughout the country in April, fueled by increased demand and inventories that remained low. Home prices, including distressed properties, were up 6.8 percent last month compared with April 2014, according to CoreLogic in Irvine. That marked the 38th consecutive month of year-over-year …

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