Real Estate

The Shops at Spanish Trail could transform not only Barstow but all of the High Desert. Supporters of the mixed-use development want to bring retail, commercial, and some residential development to the region, but first, they have to find out what sort of development residents will support.   Joseph W. …

Sales of existing single-family homes in California are expected to drop 5.2 percent in 2022, according to the California Association of Realtors. California’s median home price will increase 5.2 percent next year, to $834,400, the association predicted in its 2022 housing forecast, which it released Thursday. To put the median …

The Building Industry Association of Southern California has severed its ties with the Southern California Association of Governments. That move is described as temporary in an announcement made Tuesday by the Building Industry Association. The BIA took the action in response to SCAG’s refusal to address “numerous concerns set forth …

A 422,000-square-foot warehouse complex in Norco has been sold. Saddle Ranch Business Park was sold to Alere Property Group in Newport Beach for an undisclosed sum, according to a statement released by the company. The seller was CapRock Partners, a developer and industrial real estate agency also in Newport Beach. …

Progressive Real Estate Partners has negotiated the $2 million sales of a 6,500-square-foot retail pad in Yucca Valley. The property at 58132 Twentynine Palms Highway is occupied by Gamestop, Verizon Wireless, and Metro PCS. The retail pad at Twentynine Palms Highway and Balsa Avenue accommodates about 300,000 vehicles on a …

Home prices hit fever pitch U.S. home prices rose to record heights in August, fueled by a combination of not enough homes being built, and the ones that are being built being priced off the market for many would-be buyers. The price of a single-family home rose an average of …