Real Estate

U.S homeowners with mortgages saw their equity decrease by 0.7 percent year-over-year during the first quarter of 2023, the first such decline since 2012, according to data released today. That represented a combined loss of $108.4 billion, and an average loss of $5,400 per household since the first three months …

U.S. home prices are definitely in decline. Prices of single-family homes went up an average of two percent in April compared with April 2022, the sixth consecutive month of single-digit growth nationwide, according to data released by CoreLogic in Irvine. On the positive side, that was the 135th consecutive month …

Sprouts Farmers Market will open a location in Rialto later this summer. The store, at 1524 S. Riverside Ave., is scheduled to open Sept 1, according to a statement. A virtual management hiring event is scheduled for July 12. Candidates should visit  https://about.sprouts.com/careers/ and reference Store 450 to apply online. …

A 127,000-square-foot office building in Rancho Cucamonga has been sold for $22.2 million. The two-story structure at 11000 Eucalyptus St. was sold by Mercury Casualty Co. to a buyer whose name was not released, according to a statement. The buyer plans to refurbish the building and lease it to San …

Norco officials expect a 21,000-square-foot multi-use facility under construction in the Ingalls Event Center to open in March. “The Barn, which is nearing completion on the north end of the 80-acre property, will replace three demolished pole barns that were used mostly for livestock events, according to a statement on …

A developer has announced plans to develop single-family homes on a 4.8-acre site in Upland. The Landmark Co., which does business throughout Southern California, paid $6.5 million for the property at 1400 E. Arrow Highway near downtown Upland, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive helped negotiate …