A neighborhood retail center in Riverside has been sold. Tyler Village, an eight-building development near Galleria at Tyler, sold for $13 million, according to Faris Lee Investments, which represented both parties in the transaction. The sale was announced Monday. The buyer and seller were identified only as private investors in …
Read More »Local housing market stays strong
Southern California’s housing market continued to improve in July. Single-family home sales were up only 0.6 percent month-over-month but rose nearly 17 percent compared with July 2014, according to CoreLogic’s monthly report on the region’s housing market, which was released Tuesday. A total of 24,235 new and existing houses and …
Read More »VA Home Loan Requirements for Credit Scores
If there’s one thing most buyers know about VA loans, it’s that they are the best way for veterans of the United States military to purchase a home with no money down. But one thing that isn’t always understood is the relationship between VA loans and credit scores (also known …
Read More »Home builders still bullish on the market
Builders’ confidence in the single-family home market was essentially unchanged this month, rising only one point. Still, the 61 ranking is the highest reading since November 2005, according to data released Monday by the National Association of Home Builders, a trade association in Washington, D.C. Builder confidence is on a …
Read More »Vacant SB office building gets tenants
An office building vacated earlier this year by San Bernardino County will soon be used by Early Head Start and a charter school. The building at 799 E. Rialto Ave. covers 23,500 square feet and will be fully occupied after its new tenants move in, said Rick Lazar, senior vice …
Read More »Prime retail property up for sale
Part of the Temecula Town Center is up for sale. Nearly 242,000 square feet of the 491,700-square-foot retail development is up for auction, with all bids to submitted by next Monday, said Michele Schierberl, senior vice president with Colliers International Irvine. The property, which was foreclosed on two years ago, …
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