he U.S. foreclosure inventory fell 27.9 percent year-over-year in July, while the number of completed foreclosures dropped 24.4 percent during that time, according to data released today. Foreclosures went from 50,000 in July 2014 to 38,000 in July of this year, another sign that the national housing market is on …
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A 140-unit townhome complex in Ontario has been sold. MG Properties Group, a real estate investment company in San Diego, paid $38 million for Ontario Town Square Town Homes in downtown Ontario, according to CBRE Group Inc., which arranged the transaction. The seller was Artemis Real Estate Partner LLC in …
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The mega-industrial project approved in Moreno Valley figures to trigger a spate of lawsuits, but anyone wishing to file one needs to work quickly. It’s not clear whether the project’s opponents can stop the development or merely force a repeat of the approval process. The Moreno Valley city council and …
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Two Inland industrial properties, one in Montclair and the other in Fontana, have been sold. Newmark Grubb Knight Frank negotiated the $4.7 million investment sale, according to a statement released Wednesday. Both properties are occupied by United Rentals, the international equipment rental company. One property is at 10632 Monte Vista …
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The price of a single-family home in the United States continues to get more expensive. Home prices, including distressed properties, rose 6.9 percent year-over-year in July, Irvine-based CoreLogic reported. Prices were up 1.7 percent compared with June, according to the July 2015 CoreLogic Home Index, which was released Tuesday. Not …
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Pending home sales were essentially flat in July, although they remained well ahead of where they were one year ago, a positive sign for the country’s housing market. Nationwide, pending sales were up only 0.5 percent from June but were up 7.4 percent compared with July 2014, according to the …
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IE Business Daily Business news for the Inland Empire.
