More houses were sold in the Inland Empire last month than were sold in any other region in the state, according data released Monday. Sales in Riverside and San Bernardino counties rose 8.2 percent year-over-year in August, topping San Francisco by 1.7 percent and Los Angeles by 3.8 percent, the …
Read More »Moreno Valley apartment complex fetches record price
An apartment community in Moreno Valley has sold for $10.7 million, reportedly a record price for an apartment complex in that market. The sale price for Baywood Villas, a 56-unit community at 22945 Bay Avenue, works out to $190,171 per unit or $196 per square foot, according to a statement …
Read More »Delinquent mortgages drop, locally and nationally
Four point five percent of the mortgages in the United States were delinquent during June, according to data released Tuesday. That was a drop of .8 percent year-over, Irvine-based CoreLogic reported. The national foreclosure inventory rate, which gauges the share of mortgages in some stage of delinquency, was .7 percent …
Read More »State housing shortage discussed
California’s chronic housing shortage was a main topic of conversation Thursday at a luncheon sponsored by the Baldy View chapter of the Building Industry Association of Southern California. The event was the chapter’s second annual education summit, which is dedicated to discussing how schools in San Bernardino County are impacted …
Read More »Retail center adds tenants
Perris Marketplace, a neighborhood retail center anchored by a Super Walmart, is now fully occupied. Baskin Robbins, Jamba Juice and Daniel’s Jewelers all recently signed leases to locate at the facility at 1700 N. Perris Blvd. near Interstate 215, according to Progressive Real Estate Partners. Details of the leases, which …
Read More »Retail property in Riverside sells
A neighborhood retail center next to Riverside Plaza that recently underwent a major renovation has been sold. The property, at 3739-3747 Central Ave., changed hands for a little more than $4 million, Faris Lee Investments announced Thursday. Red Mountain Retail Group in Santa Ana, which revives underperforming shopping malls sold …
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