Real Estate

The U.S. government shutdown appears to have taken a bite out of the California housing market. Sales of single-family homes dropped for the third consecutive month during October, the month of the 16-day shutdown, according to the California Association of Realtors. Sales were down 2.7 percent compared with September and …

A Corona real estate developer will build a tract of single-family homes in Yucaipa. Griffin Residential LLC purchased 17 lots from a group of private investors, properties that are part of the Chapman Heights community, said Les Whittlesey, principal with WD Land in Irvine. The graded lots at Chapman Heights …

Victorville City Council members in December will consider a 1.3-million-square-foot warehouse-distribution center that will be built at the Southern California Logistics Airport. The project will be built on open space at Phantom West and Nevada Avenue, said Brian Parno, chief operating officer with Stirling, a development company in Foothill Ranch …

Foreclosures in the Inland Empire dropped 60 percent year-to-year during October. That drop was more than twice the size of that recorded nationwide, according to a report originally published in The Press-Enterprise. The report, citing data from RealtyTrac, the real estate information service, said the two-county region still has its …

Several planned speculative projects will cover two million square feet, but some wonder if too much logistics property might hit the market at the same time Make no mistake: all the reports about speculative “big-box” projects dominating the Inland Empire’s industrial market are true. Certainly no one who participated in …

There are signs of life in the Inland Empire office market. Office space vacancy in Riverside and San Bernardino counties dropped to 19.5 percent during the third quarter, according to data released this week by Colliers International. That represented a 2.2 decline from the second quarter of this year and …