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Tag Archives: Real Estate

Housing affordability remains steady

Inland Empire Housing Prices Signal Trouble.001

Thirty one percent of California households could afford to buy a median-priced home – $511,360 – during the fourth quarter of 2016, according to the California Association of Realtors. That percentage was unchanged from the third quarter but was up 30 percent year-over-year, the association reported, the Los Angeles-based association …

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Neighborhood shopping center sells

Upland Village, a grocery-anchored retail center whose tenants include Grocery Outlet and Dollar Tree, has been sold. The 60,857-square-foot development at the northeast corner of Mountain Avenue and West Eighth Street, sold for $17.2 million, according to statement released by Hanley Investment Group Real Estate Advisors in Corona Del Mar. …

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Inland Empire real estate brokerage sold

Inland Empire Retail Properties Sold

An Upland-based affiliate of Century 21 Real Estate LLC has been purchased by another affiliate of that company. The office of Century 21 Prestige was bought for an undisclosed sum by Century 21 Peak in Los Angeles, a real estate brokerage firm and a member of the Peak Corporate Network …

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Industrial project underway

High Desert Industrial Project Underway

Construction has begun on Columbia Business Park, a 1.4-million-square-foot in Riverside’s Hunter Industrial Park. The speculative project, which is being developed by Trammell Crow Co., will consist of three buildings on 72 acres near the Hunter Park/UC Riverside Metrolink Station, according to a statement released Wednesday. The first phase will …

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National, local home prices continue to climb

Home Prices Increase

Home prices in the United States, including distressed sales, were up 7.2 percent in December year-over-year. Prices were up a minuscule 0.8 percent compared with December, according to data released this week by CoreLogic in Irvine. In the Inland Empire, prices were up 6.1 percent in December year-over-year and 0.1 …

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Upscale apartment project sells

Inland Empire Retail Properties Sold

Avison Young has completed the sale of a 206-unit apartment complex in Moreno Valley. Legends at Rancho Belago sold for $33.8 million to a group of private investors, according to a statement released Tuesday. The property at 13292 Lasselle St. was built in 1993 as a 40-unit condominium project. The …

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