Real Estate

California’s single-family home sales and median prices are expected to rise slightly next year, according to a forecast. Home sales are expected to rise 3.3 percent, to 392,510 units in 2021, while the median price will move up 1.3 percent, to $648,760, the Los Angeles-based California Association of Realtors predicted. …

Little Caesars Pizza has leased 1,200 square feet at a shopping center in Rialto. The neighborhood center at 1138 N. Riverside Ave., is now fully leased, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented both parties in the lease negotiations. The terms of the agreement were not …

Serious mortgage delinquencies rose in July to their highest point in six and a half years, according to data. Nationwide, 4.1 percent of all mortgages were 90 days or more past due, up from 1.3 percent in July 2019, Irvine-based CoreLogic reported in its monthly report on mortgage delinquencies. That …

Even the worst public health crisis in anyone’s memory, and the economic slowdown that’s accompanied it, can’t hurt the Inland Empire’s industrial market. During the third quarter, the region’s industrial vacancy rate fell, average lease rates were constant and absorption was up, according to data released by Voit Real Estate …

Newcastle Partners will soon start construction on three industrial buildings in the Inland Empire. The buildings – one in Redlands and two in unincorporated Riverside — combined will cover 824,300 square feet and be built without signed tenants, according to a statement. The projects are: Redlands Commerce Center, a joint-venture …

Foothill Village, a 25,000-square-foot unanchored retail center in Fontana, has been sold. The property at 14755 Foothill Blvd. changed hands for $5.3 million, according to a statement released by Progressive Real Estate Partners in Rancho Cucamonga. Progressive marketed the property and represented buyer and seller, both of which were Los …