Four point three percent of all Inland Empire mortgages were delinquent by at least 30 days in September, a drop of 0.5 percent year-over-year, according to data released Wednesday. Inland mortgages in serious delinquency – 90 days or more past due – totaled 1.4 percent in September, down 0.3 percent …
Read More »Fewer “underwater” homes in IE
Five point three percent of all Inland Empire homes with a mortgage were in negative equity during the third quarter, according to data released Thursday. That was a five percent drop year-over-year and a one percent decline from the second quarter of this year, CoreLogic reported in its latest home …
Read More »Furniture company buys Eastvale industrial building
One of 10 industrial buildings at an Eastvale industrial park has been sold. Parker House Furniture has bought the 271,140-square-foot structure at 6300 Providence Way, according to CBRE Group Inc. The building, which the furniture manufacturer plans to use for warehousing and distribution, is part of The Campus, a group …
Read More »Home prices nationwide continue to rise
U.S. home prices were up seven percent in October year-over-year, the second consecutive month prices have risen by that amount compared with the previous year. Compared with September, home prices nationwide – including distressed sales – rose just short of one percent, according to Irvine-based CoreLogic, which released its monthly …
Read More »New industrial project in Perris leases space
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. …
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