Tag Archives: Real Estate

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 …

Thirty one percent of California households could afford to purchase the $515,940 median-priced home during the third quarter. That figure was essentially unchanged from the second quarter but was up nearly 30 percent year-over-year, according to data released this week by the California Association of Realtors in Los Angeles. A …

A grand opening is scheduled to be held Saturday at a gated community in Montclair. Anzio, at 5165 Mission Blvd., consists of 31 three and four-bedroom detached homes, said Terry Kent, vice president of marketing for Crestwood Communities in Glendora, the project’s developer. Prices begin the low $400,000s.  The houses, …