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Tag Archives: Real Estate

More houses are being taken off the market: report

More houses are being taken off the market: report

Today’s residential market definitely favors homebuyers. More sellers nationwide are removing the For Sale sign from their front yard because they’ve been unable to get the sale price they’re looking for, according to Seattle-based Redfin. In April, 5.8 percent of all listed homes nationwide were taken off the market, tied …

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Pending home sales drop again

U.S. home prices record annual decline

Pending home sales fell 1.5 percent nationwide during the week that ended May 24, the second straight week of decline after four consecutive week of increases. Mortgage-purchase applications fell to their lowest level since early April, the result of higher mortgage rates keeping a lot of would-be homebuyers on the …

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Inland nonprofit to help build affordable housing near Sand Diego

Inland nonprofit to help build affordable housing near Sand Diego

National CORE has broken ground on an apartment complex in Oceanside for seniors. The Rancho Cucamonga-based developer of affordable housing, and the San Diego Community Housing Corp. will build Coast Vilas near Oceanside Municipal Pier, according a statement on National Core’s website. The 56-unit project will be available to individuals …

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Walmart buys Riverside cold-storage operation

Walmart buys Riverside cold-storage operation

Walmart Realty has purchased a cold-storage facility in Riverside. A subsidiary of Walmart Inc, Walmart Realty paid $223 million for the 507,000-square operation at 1001 Columbia Ave., according to a statement. The seller was State Street Corp., a U.S. multinational financial services and bank holding company based in Boston. Walmart …

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Riverside apartment complex changes hands

Fontana shopping center sold

A 184-unit multifamily development in Riverside has been sold. PCCP, a national real estate finance and investment management firm, and Alliance  Residential Co., a rental residential real estate developer based in Scottsdale, Az., bought the property at 9179 Indiana Ave. for $65.3 million, according to a statement released by both …

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All-cash home purchases drop

All-cash home purchases drop

Twenty eight point eight percent of all U.S. homebuyers in March paid cash, down one percent year-over-year, according to a report. That was also the lowest percentage of cash purchases during the third month of the year since 2021, when that number was also 28.8 percent, Seattle-based Redfin reported. All-cash …

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