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Real Estate

Homes are taking longer to sell: report

U.S. homes are spending a lot of time on the market before they’re sold. The average wait-time for a house that sold in January was 64 days, the longest span in six years about one week longer than January 2025, according to a report by Redfin, a Seattle-based real estate brokerage. …

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Inland retail market had a mixed fourth quarter

Record sales for holiday retail

Available retail space in the Inland Empire crept up to seven percent during the fourth quarter of 2025, a slight increase from the third quarter caused by new supply and a decline in leasing, according to CBRE. Net absorption fell to negative 11,000 square feet, from positive 138,000 square feet, …

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Multifamily market slips

Inland multifamily market has strong fourth quarter

The Inland Empire multifamily market ended 2025 with 95.5 percent occupancy, a decline of 30 basis points from the previous quarter, according to CBRE. Net absorption was minus 229 units during the last three months of 2025, down from 741 units absorbed in the third quarter, CBRE reported. Such a …

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Inland brokerage helps sell LAC car wash

Progressive Real Estate Partners has negotiated the sale of a car wash in Los Angeles County. The Rancho Cucamonga brokerage represented the seller, an Orange County investor whose named was not released, in the $1.7 million transaction, according to an statement on Progressive’s website. The buyer was a Los Angeles …

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Medical buildings boost Inland office market

Riverside University trauma center receives level one designation

Medical office buildings in the Inland Empire enjoyed a solid fourth quarter last year. That niche continued to outperform the region’s overall office market, as its vacancy rate decreased, leases increased and investments in medical office properties surged, according to CBRE. Thirty-three hundred healthcare jobs were added in Riverside and …

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