Nothing significant changed regarding the cost of buying a home in California between 2023 and 2024, unless you consider a one percent change in the number of people who can afford a home signifiant. For a little than more than four-fifths of the state’s population, buying a home remains an …
Read More »
The Inland Empire office market is off to a good start in 2025. The region’s vacancy rate was 7.7 percent, down 0.2 percent from the last three months of 2024 according to CBRE. That’s a modest number but still noteworthy. because it marked the seventh consecutive quarter of positive net …
Read More »
An unidentified tenant has leased 809,000 square feet of space in an industrial building in Perris. The structure at 450 E. Rider St. is part of the Rider Logistics Center, east of Interstate 215 and south of the Ramona Expressway, according to a statement. Terms of the agreement were not …
Read More »
Only 18 percent of Californians could afford the state’s median price of a detached single-family home in 2024, down from 19 percent the year before, according to the California Association of Realtors. Assuming a 20 percent down payment, the median price – $865,440 – a minimum annual income of $221,200 …
Read More »
A property in Hemet occupied by Harbor Freight Tools has been sold for $2.2 million. The 20,500-square-foot store at 1735 W. Florida Ave. sits on a 1.1-acre site and was renovated two years ago, according to Avison Young, a commercial real estate firm based in Toronto. The company’s Los Angeles …
Read More »
A Dallas-based homebuilder will develop a 70-unit community in Ontario. Landsea Homes recently closed escrow on the lots that will make up The Canopy at 1355 W. 5th St., according to a statement. The community will be made up of three-story homes, with floor plans ranging from 1,532 to 1,739 square …
Read More »
IE Business Daily Business news for the Inland Empire.
