Real Estate

Pending home sales fell 2.4 percent nationwide during the four weeks that ended April 5, the largest decline in three years, according to data released April 9. Homebuyers are backing away from transactions for several reasons, including higher mortgage rates, higher prices, and the Iran War, Seattle-based Redfin reported. The …

A San Bernardino parcel occupied by a Starbucks has been sold for $3.5 million. A private investor in Orange County bought the drive-thru-only prototype at 291 E. Hospitality Lane, according to Hanley Investment Group in Corona Del Mar. Hanley Investment represented the seller, a local developer. Both parties wished to …

A 36-home affordable housing development is under construction in Moreno Valley. Linwood Rose is being developed on two parcels that cover nearly one acre at 24108 and 24124 Fir Ave., according to a statement on the city’s website. A groundbreaking ceremony was held April 2. The project will consist of …

Apartment rents rose slightly nationwide in March, according to a report released March 31. The average monthly rent was $1,723, a 0.2 percent increase compared with the $1,719 average recorded in February, Apartments.com reported. March was the fourth consecutive month rent growth went up, a trend that follows flat or declining …

Two Quick Quack Car Wash properties in San Bernardino County have been sold for a combined $5.2 million. Both facilities were built recently and have a 20-year ground lease attached to them, according to Hanley Investment Group in Corona Del Mar, which negotiated for the sellers in both transactions. The …

A community of 180 rental-only single-family homes has opened in southwest Riverside County. Tricon Winchester, which covers 67 acres near Domenigoni Parkway and Prairie Loop Road, is a combination of three and four-bedroom floor plans ranging from 1,532 to 1,858 square-feet, according to a statement released by Tricon Residential, the …