Tag Archives: Real Estate

Sales of existing single-family homes in California totaled 254,740 in August, down 5.3 percent from July and down 19 percent from August 2022, according to data released Monday. Statewide, the median home price last month was $859,800, up 3.3 percent from July and a three percent increase year-over-year, the California …

A building in Palm Desert occupied by a Bank of America branch office has been sold for $2.8 million. The 3,500-square-foot structure at Washington Street and Market Place Drive sold for $821 per square foot, the most paid for a Bank of America building in California to date this year, …

U.S. home prices increased 2.5 percent year-over-year in July, the 138th consecutive month the housing market recorded a price gain compared with the previous year, according to data released today. July was also an improvement from May and June, when the national housing market posted 1.6 percent year-over-year price gains …

Only two percent of all U.S. homeowners with a mortgage were in negative equity during the second quarter, about the same rate recorded during the past two years, according to a report. About 6.3 percent fewer homeowners were “underwater” in the second quarter compared with the previous quarter, Irvine-based CoreLogic …

A San Diego-based company has purchased nine industrial buildings in Chino for an undisclosed sum. Westcore, an industrial real estate investment company, bought the structures in a portfolio purchase that included similar structures in Valencia in Los Angeles County and Livermore in Northern California, according to a statement. The entire …

The question was a major topic of discussion during the 17th annual Southern California Water Conference hosted by the Building Industry Association of Southern California earlier this month. The half-day conference, held at the DoubleTree Hotel in Ontario, kicked off with balancing California’s water supply with its housing needs. Experts …