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Real Estate

Local, national home foreclosures decline

Inland Empire Foreclosures Down

Three point eight percent of all mortgages in the United States were at least 30 days past due in September, a year-over-year decline of 0.6 percent, according to CoreLogic in Irvine. The national foreclosure inventory rate – all properties in some state of foreclosure – was 0.4 percent, virtually unchanged …

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Chino property future site of commercial development

A 7.5-acre parcel in Chino zoned for commercial use has been sold for nearly $3 million. The property, bordered by Eucalyptus and Oak avenues in the College Park Master Planned Community, is the last undeveloped piece in the 710-acre master-planned community, according to a statement. United Trust Realty Corp. in …

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IE vets take advantage of VA home loans

Inland Empire Veterans Job Fair at Pechanga.001

The Inland Empire was among the top U.S. metropolitan areas for the use of Veterans Administration home loans during the federal government’s fiscal year 2019. Twelve thousand eight hundred and twelve VA home loans were taken out in Riverside and San Bernardino counties during the 12-month period that ended Sept. …

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Proposed housing development in Chino seen as a boon for the city

Chino Francis Estates calls for the construction of 39 houses, all single-story. Last month, the project’s developer persuaded the planning commission to increase the project’s density. The city council is expected to consider the project in January. In January, the Chino City Council is expected to vote on a housing …

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Ontario apartment complex sold

A 140-unit apartment complex in Ontario has been sold. La Terraza, at 551 E. Riverside Drive, sold recently for $27.9 million, according to Capital Income Properties Group in Norco. Capital Income represented the seller, whose name was not released. The complex was described in a statement as a major investment …

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Longtime San Bernardino restaurant is up for sale

A landmark restaurant in San Bernardino is for sale. Ye Olde Lamplighter, a steakhouse and lounge at 255 E. 40th St. that opened in 1960, is available for $250,000, according to California Curb Appeal Real Property Specialists Inc. in San Bernardino. California Curb Appeal is marketing the business on behalf …

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