Sunday , March 26 2023
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Real Estate

Land near Auto Club Speedway sold

building sold

NASCAR has sold land near the Auto Club Speedway in Fontana for a reported $544 million. The organization that oversees U.S. stock car racing sold the property to Dallas-based Hillwood Development Co., which develops and invests in large commercial real estate projects, according to multiple reports. The site itself is …

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Car wash sold before its completed

Sold Stamp

A car wash under construction in Moreno Valley has been sold for $3.2 million. Quick Quack Car Wash is being built at the Moreno Valley Marketplace Shopping Center at Perris Boulevard and Iris Avenue next to March Air Reserve Base according to Hanley Investment Group Real Estate Advisors. Hanley Investment …

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Mortgages delinquencies remain low

Three percent of all U.S mortgages were in some stage of delinquency – 30 days or more past due, including foreclosure – in December, according to data released this week. That was essentially unchanged from November and a 0.4 percent drop from December 2021, Irvine-based Core Logic reported. Mortgages at …

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CAR says HUD move will make it easier to buy a home

The California Association of Realtors is praising the U.S. Department of Housing and Urban Development for reducing the annual mortgage insurance premium on loans insured by the Federal Housing Administration, a move it said will lead to more homeownership in California. “Today’s move by HUD and the FHA to lower …

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Future 7-Eleven stores sold

Two 7-Eleven stores under construction in Riverside County have been sold for a combined $10.1 million. The first store, a 3,494-square-foot structure on one acre at Golf Center Parkway and Avenue 45 in Indio, sold for $5.1 million, according to Hanley Investment Group Real Estate Advisors in Newport Beach. The …

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State home sales inch up

Sales of existing single-family homes in California totaled 241,520i in January, up slightly from December but a 45.7 percent drop from one year earlier, according to a report released today. Statewide, the median home price in the first month of 2023 was $751,330, down three percent from December and a …

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