Inland Empire home prices, including distressed sales, rose by 6.6 percent in June, according to data released Tuesday. Month-over-month, sales in Riverside and San Bernardino counties were up – 1.2 percent – Irvine-based CoreLogic reported in its monthly report on U.S. home prices. Nationwide, home prices – including distressed sales …
Read More »High Desert posts solid commercial numbers
The High Desert office market recorded a vacancy rate of 4.2 percent and net absorption of 16,828 square feet during the second quarter, according to Lee & Associates Commercial Real Estate Services. Average lease rates were $1.17 per square foot, according to Dock High, a quarterly newsletter published by Lee …
Read More »Pending home sales fall again
Pending home sale dropped in California for the sixth consecutive month, a possible sign that the state’s housing market might be slowing down, according to data released Monday. The pending home sales index was 117.9 last month, down from 119 in June 2016, a drop of nearly one percent, the …
Read More »Home prices climb to 11-year high
June was another good month for home sales in Southern California. Sales were up 8.5 percent month over month and 4.3 percent compared with June 2016, according to data released Tuesday by CoreLogic in Irvine. A total of 25,515 new and used houses and condominiums were sold last month, up …
Read More »Despite low inventory, state home sales are solid
Sales of existing homes in California reached their highest pace in close to four years last month, despite the lowest inventory so far this year. Total sales were 443,150 in June, up 3.3 percent compared with May and up 2.4 percent year-over-year, according to data released by the California Association …
Read More »Retail center sold
Dollar General Town Center, a shopping mall in San Jacinto, has been sold. The property at 700-728 San Jacinto Ave. sold for $4.9 million to a private family trust in Newport Beach, according to Progressive Real Estate Partners in Rancho Cucamonga. The seller was a private investor in Huntington Beach …
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