Real Estate

Three point six percent of all US mortgages were in delinquency in November, a 2.3 percent year-over-year drop, according to data released Tuesday. Early-stage delinquencies – 30 to 59 days overdue – totaled 1.2 percent, down from 1.4 percent, according to CoreLogic in Irvine. Loans 60 to 89 days past …

Construction has started on a 95-unit affordable senior housing project in Riverside. Oasis Senior Villas is expected to be finished in the summer of 2023, according to a statement by R.D. Olson Construction in Irvine, the project’s general contractor. The four-building development, half of which will be for homeless seniors …

A retail center in Big Bear Lake has sold for $3.9 million. The Village Mall at Big Bear, 40729 Village Drive, changed hands in an all-cash transaction between two private investors whose names were not released, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented the seller, who …

A 35-unit apartment complex in San Bernardino has been sold for $5 million. Las Brisas Apartments, at 3665 N. E St., is a two-story gated community near San Bernardino Valley College that was recently purchased by a private investor who asked to remain anonymous, according to CBRE. “The seller found …

Home prices nationwide increased 15 percent in 2021, the result of high demand and not enough houses available for sale, according to data released Tuesday. That was a nine percent increase from 2020, as home prices grew 10 percent in first quarter and reached 18 percent growth in the fourth …

Three retail pads at a new shopping center in Palm Desert have been sold. Chick-fil-A Drive Thru, Quick Quack Car Wash and AT&T/Spectrum bought one property each at the recently developed Monterey Crossing, according to Hanley Investment Group Real Estate Advisors. Hanley Investment arranged all three transactions, which combined totaled …