Real Estate

Housing affordability in California was essentially unchanged during the fourth quarter of last year. Thirty one percent of all home buyers in the state could afford to buy a median-priced, single-family home during the last three months of 2014, up from 30 percent during the third quarter, according to data …

Foreclosures dropped 13.7 percent nationwide at the end of last year, the 34th consecutive month that that number has declined. An estimated 39,000 single-family homes nationwide were foreclosed on in December, down 46,000 from December 2013 and a 66 percent drop from September, 2010 when foreclosures were at their peak, …

The U.S. housing market posted modest gains during the last three months of 2014. Markets in 64 of approximately 350 metropolitan areas in the United States either returned to or surpassed their normal levels of economic and housing activity during the fourth quarter of last year, according to the National …

At least one real estate brokerage has some faith in the Inland Empire office market. Irvine-based Stillwater Investment Group has bought a two-story, 34,500-square-foot office building in Ontario, said John Drachman, the company’s founder and president. The building, at 1801 E. Holt Blvd., was built in 2007 and has never …

Home prices increased five percent in December year-over-year, according to data released Tuesday. That marked the 34th consecutive month that national home prices have been up compared with the previous year, reported Irvine-based CoreLogic Inc., a leading provider of property information and data services. That figure includes distressed sales, meaning …

A leading sporting goods chain will expand its Inland logistics operation. Big 5 Corp. has signed a lease on 171,619-square-foot warehouse-distribution building that is under construction in Riverside, according to Lee & Associates Riverside, The building, at 6150 Sycamore Canyon Blvd., is expected to be finished in April, said Finn …