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Tag Archives: Real Estate

Residential investment buyers start looking for new markets

Inland Empire Business News August 23, 2014.003

The supply of affordable homes in more populated areas is getting smaller, so investors are starting to work the suburbs and other outlying markets. None of that means the practice is going away, however. Home flipping, the practice of buying a house to sell or rent it rather than live …

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Upland to get drive-thru

Inland Empire Business News August 23, 2014.001

A drive-thru restaurant is under construction in Upland. The project, at the northwest corner of Foothill Boulevard and Mountain Avenue, covers about 3,000 square feet and is in the main retail hub of the city, said Pablo Velasco, retail specialist with Progressive Real Estate Partners in Rancho Cucamonga. The property …

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Auction block for former Sam’s Club

Inland Empire Sam's Club Being Auctioned.001

A former Sam’s Club in La Quinta is being put up for auction. The building, at Highway 111 and Dune Palms Road, was built in 2008 and has been vacant for three years, said Christopher Maling, senior vice president Colliers International Los Angeles. The property is owned by a private …

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Home sales up slightly

Inland Empire Business News for May 16th, 2014.002

Single-family home sales rose in July for the second straight month, although the total number of houses sold once again fell below 400,000. A total of 398,940 homes were sold statewide last month, up 1.2 percent compared with June but down 10 percent compared with July 2013, according to data …

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Convenience store/service station breaks ground

Inland Empire Business News August 18th, 2014.001

A groundbreaking ceremony was held today in San Jacinto for a combined Circle K and Mobil service station. The project, at the northwest corner of Sanderson and Esplanade avenues, is expected to be ready for business late this year, according to officials with Southland Development Co. in San Juan Capistrano, …

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Housing sales continue to slide

Inland Empire Business News August 15th, 2014.002

Single-family home sales in Southern California fell to a three-year low for the month July, as prices rose and investment buyers played a lesser role in the market. Sales in the six-county region – the Inland Empire plus Los Angeles, Orange, San Diego and Ventura counties – dropped 12.4 percent …

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