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Tag Archives: Real Estate

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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High Desert Industrial Project Underway

High Desert Industrial Project Underway

Construction has begun on a 444,740-square-foot industrial building at the Southern California Logistics Centre in Victorville. The project, which is being developed on 21.7 acres by Stirling Capital Investments, broke ground in January and has already secured leases from two tenants, according to a statement released Tuesday. One tenant, a …

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