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Tag Archives: Real Estate

Housing prices up

Inland Empire Economy Improves While Housing Falls.001

U.S home prices rose 1.1 percent in January month-over-month, according to data released Tuesday. The increase compared with January 2014 was more substantial – 5.7 percent – CoreLogic’s monthly report on national housing prices stated. Twenty seven states and the District of Columbia were either at or within 10 percent …

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Upland OK’s mixed-use project

City Manager Steps Down.001

A public parking lot in downtown Upland will become the first commercial and residential development in that part of the city. The multi-story project, which the city council approved last month, will cover 34,450 square feet at the southwest corner of Third Avenue and C Street, according to a report …

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Multifamily developers stay positive

Inland Empire Gets Housing & Manufacturing Bump.002

Developers of multifamily housing remained optimistic during the end of last year. The multifamily production index was 54 during the fourth quarter of 2014, capping off three straight years of quarterly reports of 50 or above, according to data released Thursday by the National Association of Home Builders. The index …

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Some good housing news

Inland Empire Lots Purchased

Pending sales of single-family homes in California bounced back last month, posting gains both month-over-month and year-over-year. The number of pending sales rose 26.7 percent in January compared with December, according to data released Wednesday by the California Association of Realtors. That was well above the average 16.3 percent month-over-month …

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Major business park planned

Inland Office Market Improves.001

A Newport Beach developer will build an industrial park in Eastvale that will cover about two million square feet. Summit Development Corp. will construct industrial buildings that will range from 75,000 to 300,000 square feet during the project’s first phase, according to a statement released earlier this month. The second …

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Houses are more affordable … slightly

Inland Empire Business News August 23, 2014.003

Housing affordability improved modestly during the fourth quarter of last year, helped by slightly lower interest rates and lower home prices. Overall, 62.8 percent of all new and existing homes that were sold during the three months of 2014 nationwide were affordable to families earning the U.S. median income of …

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