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Tag Archives: Real Estate

Victor Valley has potential for housing growth

The High Desert is positioned to become a booming housing market, according to a local housing expert. “The High Desert has a lot of open [residential] lots that are ready to be built on,” said John Mulville, Southern California regional manager for Metrostudy, a residential real estate data and research …

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SC home market shows little change

Home prices rise again

Southern California home sales were static in February while median prices in the region continued to rise. Sales of new and existing houses totaled 15,189 last month, an increase of 0.6 percent from February 2017, according to data released by Irvine-based CoreLogic. That was the highest number of sales for …

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MGR reports strong 2017

MGR Real Estate purchased $138.8 million in commercial real estate during 2017, the Ontario-based company has reported. The real estate and property management firm made four major transactions last year, including its purchase of One Lakeshore Centre in Ontario, according to a statement. That Class A office project near Haven …

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Rents continue to rise

Multifamily rents in the United States rose 2.7 percent in February. Nationwide, the average multifamily rent last month was $1,364, according to a recent report by Santa Barbara-based Yardi Matrix. The report, based on data taken from 121 markets, called the increase “not surprising … since it is very close …

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New community in French Valley

Los Angeles-based KB Home held a grand opening last Saturday for Camberly Place, its latest community in French Valley. Located near Interstates 15 and 215 and Highway 79, Camberly Place has one and two-story houses that range from 2,000 to 3,200 square feet and have up to six bedrooms, according …

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Apartments planned for Montclair

Apartment complex changes hands

A pair of real estate entities is planning to build a 211-unit apartment complex in Montclair. Alexan Montclair will be developed about one mile south of the city’s Metrolink station, which is at 5091 Richton St., according to a statement. The project will be developed by New York-based HQ Capital …

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