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Home foreclosures drop

Inland Empire News for April 13th.002

Nationwide foreclosures of single-family homes are down, another sign of the housing market continuing its slow recovery. There were 41,000 completed foreclosures in November, a 9.6 percent decline compared with November 2013, according to CoreLogic’s monthly report on the U.S. foreclosure market, which was released last week. Compared with last …

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Apartment complex sold

Inland Empire Business News August 13, 2014.001

A San Diego company that buys and restores apartment complexes has purchased a high-end property in Temecula. MG Properties bought Tuscany Ridge Apartments for $39 million, announced this but in fact the company’s fifth acquisition of 2014, according to globest.com. The seller was an investor whose name was not disclosed. …

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State housing market a mixed bag

Inland Empire Business News August 13, 2014.002

California’s housing market ended 2014 on a whimper, not a bang. Sales were up 0.6 percent in December compared with exactly one year before, a “negligible’ increase but the first time since July 2013 that statewide home sales were up year over year, according to the California Association of Realtors. …

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Inland industrial market is better than solid

Inland Empire Business News June 4th, 2014.002

The Inland Empire’s industrial sector posted spectacular numbers during 2014. More than 16.7 million square feet of industrial space was added in Riverside and San Bernardino counties last year, and nearly 14 million square feet of industrial space was under construction as the year came to a close, according to …

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Inland industrial market is better than solid

Inland Empire Business News for November.002

The Inland Empire’s industrial sector posted spectacular numbers during 2014. More than 16.7 million square feet of industrial space was added in Riverside and San Bernardino counties last year, and nearly 14 million square feet of industrial space was under construction as the year came to a close, according to …

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Inland housing should perform well, but not spectacularly, in 2015

Jumbo Loans in California

Prices and sales are expected to go up, but the market will still be held back by higher mortgage rates and general uncertainties about the economy. For most people, buying a house might not get any easier this year. Don’t expect major doings in the Inland Empire housing market this …

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