Hardwoods Speciality Products, a leading distributor of hardwood veneers, plywood and solid lumber products, has leased warehouse-distribution space in Perris. The 147,000-square-foot building is part of the Harley Knox Logistics Center, a new Class A industrial facility at 17610 Harvill Ave., according to a statement released Thursday. San Francisco-based Newcastle …
Read More »Home prices rise on lack of inventory
Southern California home sales rose 3.6 percent in October year over year, the highest number for that month since 2012. The median price of a home in the six-county region last month, $495,000, was up 6.5 percent compared with October 2016, according to data released Wednesday by CoreLogic in Irvine. …
Read More »SB industrial properties sold
Two industrial buildings in San Bernardino have been sold. Westcore Properties, a San Diego-based commercial real estate investment firm, bought properties at 927 E. Ninth St. and 7776 E. Tippecanoe Ave. for an undisclosed sum, according to a statement released Monday. The seller was The Bentall Kennedy Group in Toronto. …
Read More »High-end housing for Temescal Canyon
Foremost Cos., a land investment company based in Newport Beach, has completed two neighborhoods in Temescal Valley. Carraway and Sorrell at Terramor are part of a master-planned community – Terramor – that will include more than 1,400 homes in 16 neighborhoods when completed, according to a statement released by Foremost, …
Read More »State housing affordability falls
Housing affordability in California hit a 10-year low during the third quarter, according to the California Association of Realtors. Twenty eight percent of California households could afford the median price of $555,680 during that period, down one percent from the second quarter and three percent year-over-year, the trade association reported …
Read More »Delinquent mortgages decline
Delinquent mortgages throughout the United States dropped slightly in August, according to data released Tuesday. Nationwide, 4.6 percent of all mortgages were in some state of delinquency – 30 days or more past due – during August, a decline of 0.6 percent year-over-year, Irvine-based CoreLogic reported. Also in August, the …
Read More »