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Tag Archives: Real Estate

East Coast Retailer Leases Riverside Industrial Building

Inland industrial market is more than solid

Ascena Retail Group has signed a 10-year plus lease on an industrial building in Riverside. The Mahwah, N.J.-based company will occupy the 582,772-square-foot building at 7295 San Gorgonio Drive starting July 1, according to a statement by Western Realco in Newport Beach. The building will be Ascena’s first warehouse-distribution operation …

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Local Foreclosures Decline

Distressed Sale Continue to Drop

Foreclosures in the Inland Empire dropped in February, according to data released Tuesday. The rate of foreclosures among outstanding mortgage loans in the two-county region during the second month of the year was 0.67 percent, a drop of 0.21 percentage points year-over-year, Irvine-based CoreLogic reported. That was well below the …

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Home Cash Sales Down

“Underwater” Houses Decline in IE

Cash sales of single-family homes in the Inland Empire dropped slightly in January, according to data released Friday. Twenty seven point six percent of all homes sold in Riverside and San Bernardino counties during the first month of 2016 were cash transactions, down 1.5 percent year-over-year, Irvine-based CoreLogic reported. That …

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Inland Empire Office Market Holds Steady

The Inland Empire office market continued to improve during the start of 2016. While no new office buildings went online in Riverside and San Bernardino counties during the first three months of this year, approximately 167,000 square feet of office space was under construction there during that time, according to …

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Inland Empire Housing Market Stays Strong

Inland Empire Housing Market Stays Strong

February was another good month for the Inland Empire housing market. Year-over-year, sales were up 12.5 percent in Riverside County and 10.8 percent during the second month of the year, according to data released Monday by CoreLogic in Irvine. Median prices were also up in both markets. Riverside’s median price, …

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Foreclosures Continue to Drop

Foreclosures Continue to Drop

The number of U.S. houses in foreclosure fell nearly 24 percent in February year-over-year, according to data released Tuesday. During the same period, the number of completed foreclosures nationwide dropped 10 percent, according to Irvine-based CoreLogic. Approximately 6.2 million homes have been lost to foreclosure since the recession started in …

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