Tag Archives: Real Estate

The Inland Empire industrial market is experiencing market conditions not seen in two decades, according to one of the region’s prominent industrial brokers. “The combination of high demand, low vacancies, and a shortage of land for new construction is driving up prices of industrial land and buildings in most submarkets,” …

Cash sales accounted for 27.2 percent of all home sales in the Inland Empire during December. That represented a year-over-year drop of nearly one percent and was well below the national rate of 33.4 percent for the last month of 2015, Irvine-based CoreLogic reported Friday. Nationwide, cash sales last year …

The number of mortgaged residential properties in the Inland Empire with negative equity attached to them declined during 2015, another indication of the local housing industry’s slow but steady improvement. In all, 92,310 homes – about 11.2 percent of residential properties with a mortgage Riverside and San Bernardino counties – …

Distressed home sale accounted for 10.7 percent of all single-family home sales in the Inland Empire in December, Irvine-based CoreLogic reported Wednesday. Since February 2009, when distressed sales in Riverside and San Bernardino counties reached a peak of 76.3 percent, the region’s share of distresses sales have dropped 65.6 percent. …

Inland Empire home prices, including distressed sales, were up 6.1 percent in January compared with one year earlier. That number followed the national trend: single-family home sales, including distressed sales were up 6.9 percent in January compared with January 2015, Irvine-based CoreLogic reported in its Home Price Index and Forecast, …

To no one’s surprise, the Inland Empire’s industrial market remained strong during the fourth quarter of last year. The region’s industrial sector recorded a 3.3 percent vacancy rate and absorbed more than 8.5 million square feet of space during that time, according to data released Monday by Lee & Associates …