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Tag Archives: Real Estate

Home ownership continues to fall

Inland Empire Business News for May 16th, 2014.002

Owning a home isn’t as popular, or as affordable, as it used to be. The national homeownership rate fell 0.6 percent last year, to 64.5 percent, the 10th consecutive year that figure has declined, according to the 2015 State of the Nation’s Housing Report. The report is published by the …

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New home sales increase

Inland Empire Gets Housing & Manufacturing Bump.002

Nationwide sales of new single-family homes rose 2.2 percent in May, according to the National Association of Home Builders. That works out to a seasonally adjusted rate of 546,000 units, meaning that’s the number of new houses that would be sold this year if last month’s rate of growth were …

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Pending home sales down during past year

Inland Empire Business News for March 23, 2014.001

Pending home sales in California were up 12.1 percent last month compared with May 2014, the sixth consecutive month year-over-year gains in that category. Month-over-month was another story. Pending sales were down 4.6 percent from April, compared with the average 3.6 percent drop that has happened between April and May …

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Shopping center up for sale

Montclair Plaza Inland Empire

A shopping center in Moreno Valley is on the market. Moreno Marketplace, which is anchored by a State Bros., is available for $20.8 million, according to CBRE Group Inc. The facility is nearly 90 percent leased. Its tenants include Wells Fargo Bank, Fantastic Sams, Jack in the Box and Subway, …

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Existing-home sales jump

Inland Empire Business News August 23, 2014.003

Sales of existing homes rose to their highest level in nearly six years in May, as more first-time buyers entered the national housing market. Total existing-home sales – single-family homes, townhouses, co-ops and condominiums – totaled a seasonally adjusted 5.3 million last month, a 5.1 percent increase from April, according …

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Office used by SB County is sold

Inland Empire Business News January, 2015.008

An office building occupied by the San Bernardino County Human Services Department has been sold. The one-story structure at 150 Lena Road in San Bernardino sold recently for $1.73 million, said Rick Lazar, senior vice president for Coldwell Banker Commercial Sudweeks Group in Redlands. The seller was a private investment …

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