Real Estate

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. …

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 …

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 …

A pizza chain has agreed to lease space at a Fontana shopping center. Round Table Pizza will occupy a 2,700 square-foot building at 10515 Sierra Ave. according to Progressive Real Estate Partners in Rancho Cucamonga, which helped negotiate the transaction. Details of the agreement were not released. The store, expected …

Housing affordability in California shrunk during the first quarter, the result of record high prices and interest rates. Twenty-four percent of the state’s households could afford the $797,000 median-priced home in the first quarter of this year, down from 25 percent in fourth-quarter 2021 and 27 percent year-over-year, according to …

U.S. home prices rose 20.9 percent in March, the 14th consecutive month of double-digit price gains for the country’s housing market. However, that number is expected to slow to around six percent next month, the result of rising mortgage rates and higher home prices, both of which will put buying …