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Tag Archives: Real Estate

Government shutdown hobbles home sales

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The U.S. government shutdown appears to have taken a bite out of the California housing market. Sales of single-family homes dropped for the third consecutive month during October, the month of the 16-day shutdown, according to the California Association of Realtors. Sales were down 2.7 percent compared with September and …

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Residential infill project planned

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A Corona real estate developer will build a tract of single-family homes in Yucaipa. Griffin Residential LLC purchased 17 lots from a group of private investors, properties that are part of the Chapman Heights community, said Les Whittlesey, principal with WD Land in Irvine. The graded lots at Chapman Heights …

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High Desert industrial project moves closer to reality

Amazon coming to Moreno Valley

Victorville City Council members in December will consider a 1.3-million-square-foot warehouse-distribution center that will be built at the Southern California Logistics Airport. The project will be built on open space at Phantom West and Nevada Avenue, said Brian Parno, chief operating officer with Stirling, a development company in Foothill Ranch …

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Inland Empire Housing News: foreclosures drop

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Foreclosures in the Inland Empire dropped 60 percent year-to-year during October. That drop was more than twice the size of that recorded nationwide, according to a report originally published in The Press-Enterprise. The report, citing data from RealtyTrac, the real estate information service, said the two-county region still has its …

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Good news on the Inland office front

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There are signs of life in the Inland Empire office market. Office space vacancy in Riverside and San Bernardino counties dropped to 19.5 percent during the third quarter, according to data released this week by Colliers International. That represented a 2.2 decline from the second quarter of this year and …

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Housing market continues to sputter

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Southern California’s housing market slipped in October, with sales dropping 4.4 percent year-to-year. A total of 20,150 new and resale houses and condominiums were sold last month in Southern California, according to DataQuick in San Diego, which released its monthly housing report yesterday. That was a 5.4 percent increase compared with …

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