Tag Archives: Real Estate

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 …

U.S. monthly rents rose 2.4 percent in August year-over-year, to an average of $1,352, according to a report. Gains in rent slowed somewhat during the summer, mostly because of a slowdown in multifamily construction, Yardi Matrix reported. Yardi Matrix, which conducts research for the apartment industry, revised its prediction for …

Home prices in Riverside and San Bernardino counties rose 6.8 percent in July compared with July 2016, according to data released Tuesday. Month-over-month, there was a price increase in the two-county region but nowhere near as dramatic: only one percent, Irvine-based CoreLogic reported. The Inland housing market practically mirrored the …

Southern California home prices continued to rise in July, as the state continued to be plagued by a seemingly endless housing shortage. The median price of a home last month was $501,000, a 7.7 percent increase compared with July 2016, Irvine-based CoreLogic reported Tuesday. That was the highest price recorded …

Pending home sales in California were down in July, the result of declining affordability and not enough houses being built. Statewide, pending sales were down 2.6 percent last month compared with July 2016, according to a report released Wednesday by the California Association of Realtors. Compared with June, pending sale …

NAIOP Inland Empire is getting ready for its annual bus tour of industrial properties in Riverside and San Bernardino counties, with this year’s format set be a little different than last year’s. Rather than tour four zones, this year’s caravan will tour five, with the Perris-Moreno Valley sector from last …