Tag Archives: Real Estate

Century 21 Peak has acquired American Inland Empire R.E., Inc., a real estate company that does business as Weichert Realtors 24/7. The purchase, which was announced last week, is part of Century 21 Peak’s bid to expand its market share in Southern California during the next five years. Terms of …

Home prices, including distressed sales, were up 5.6 percent year-over-year in the Inland Empire in October, according to data released Tuesday. That was below the national rate of 6.7 percent, Irvine-based CoreLogic reported. “While national home prices increased 6.7 percent, only nine states had home price growth at the same …

The Inland Empire’s foreclosure rate dropped in September, another sign that the region’s economy continues to mend. Among all outstanding mortgage loans in the two-county region, 0.49 percent were in some state of foreclosure, a drop of 0.23 percentage points year-over-year, Irvine-based CoreLogic reported. That was lower than the national …

Southern California’s housing market sent out mixed signals during October, with flat sales but a noticeable rise in prices. Sales of houses and condominiums in the six-count region – the Inland Empire plus Los Angeles, Orange, San Diego and Ventura counties – were up an insignificant 0.3 percent year-over-year, according …

A large multifamily community in Moreno Valley has been sold. Broadstone Lasselle, a 304-unit complex near the intersection of Interstate 215 and the 60 Freeway, sold this month for a little more than $55 million, said Alex Garcia Jr., senior director with Marcus & Millichap’s Institutional Property Advisors division. The …

Cash sales accounted for 22.5 percent of all home sales in the Inland Empire in August, a drop of nearly one percent year-over-year, according to data released this week. Nationwide, 31.1 percent of all home sales in August were cash transactions, while distressed sales made up 7.3 percent and REO …