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Tag Archives: Real Estate

California home sales stay flat

Inland Empire News for April 2.002

Despite the lowest mortgage rates in a year and a half, California’s housing market stayed flat in October. Home prices also increased at their slowest rate since 2012 during that time, according to data released Tuesday by the California Association of Realtors. Closed escrow sales of single-family detached homes totaled …

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Industrial building sold

Warehouse Deal Approved As Property Values Drop.002

An industrial building in the Meridian Business Park in Riverside has been sold. Newcastle Partners sold the 600,000-square-foot building to Scuderia Development LLC, a real estate investment firm in Newport Beach, according to a statement released Friday. Scuderia Development paid $43.5 million for the building, which sits on 27 acres …

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Housing affordability is static

Inland Parcels Sold.001

National housing affordability was stable during the third quarter, as single-family home prices firmed up throughout most of the country. Overall, 61.8 percent of the new and existing homes that were sold from July 1 through Sept. 30 were affordable to families earning the U.S. median income of $63,900, according …

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October home sales slump

Warehouse Deal Approved As Property Values Drop.001

Single-family home sales in Southern California were less than stellar last month. A total of 19,271 homes were sold in the six-county region last month, the lowest number for October in three years, according to CoreLogic DataQuick. That represented a drop of 0.4 percent compared with September – a typical …

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Discount store to open

Inland Empire Grocery Stores Negotiate

Dollar General, the national discount chain, will open a store in Hemet this week. The company, which sells national name brands as well as goods with private labels, is scheduled to open the store Saturday at 25720 Fairview Ave., according to a report in The Press-Enterprise. Doors will open at …

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SB County good market for home buyers

Inland Empire Business & Real Estate news.002

There’s more good news regarding the Inland housing market. San Bernardino County was one of California’s the most affordable housing markets during the third quarter of this year, according to the California Association of Realtors’ Traditional Housing Affordability Index, which was released Friday. Fifty seven percent of San Bernardino County …

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