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Real Estate

Money Magazine recognizes four Inland universities

UCR ranked among top universities

UC Riverside has been ranked 40 by Money Magazine on its 2022 list of “Best Values” colleges. The list of 623 colleges and universities ranks those institutions based on graduation rates, affordability and graduate earnings, according to a statement on the university’s website. To make the list, a school must …

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High Desert residential parcel up for sale

High Desert residential parcel up for sale

A 120-acre parcel in Victorville meant for residential development is up for sale. Stoddard Creek has been approved for 319 single-family homes on lots of at least 5,000 square feet, according to WD Land in Irvine. “It’s a good sized property for the area,” said Curt Crandall, partner with WD …

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State home sales beginning to cool

Sales of existing single-family homes in California reached 419,040 in April, down nearly two percent from March and an 8.5 percent drop year-over-year, according to data released Tuesday. Statewide, the median price of a single-family home last month was $884,890, up 4.2 percent from March and 8.7 percent higher than …

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Former car washes up for sale or lease

Residential development for sale

Progressive Real Estate Partners in Rancho Cucamonga is marketing three non-operating car washes in the Inland Empire, including two in the High Desert. The owner, whose name was not released, is an investor who leased the properties to a private party, according to a statement posted today on Progressive’s website. …

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Mortgage delinquencies continue to fall

Mortgage delinquencies continue to fall

Three point two percent of all U.S. mortgages were delinquent in February, the 11th consecutive month of declines in that category, according to data released today. That was also a 2.5 percent drop from February 2021, when 5.7  percent of the country’s mortgages were in some state of delinquency, Irvine-based …

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San Bernardino commercial property sold

office building in riverside sells for $11.4 million

A Los Angeles developer has purchased property in San Bernardino that it plans to have entitled for commercial development. Dunleer LLC, a private real estate investment and development company, purchased the 4.6-acre parcel at the southeast corner of Cajon Boulevard and June Street for $2.7 million, according to a statement …

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