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 …
Read More »Convenience store/service station breaks ground
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, …
Read More »Housing sales continue to slide
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 …
Read More »Apartment complex sold
A luxury apartment complex in Chino Hills has been sold. Decron Properties in Los Angeles purchased Village Crossing, a 440-unit complex near Chino Hills Parkway and the 71 Freeway, according to multiple reports. Invesco Real Estate was the seller. Decron pledged to spend about $9.2 million upgrading the property, which …
Read More »Jumbo loans in California are easier to obtain today than a year ago
For many first time homebuyers the process of purchasing a home can be a daunting one, from choosing a trustworthy realtor, to being assaulted with unfamiliar industry terms and obtaining a loan. Depending on the purchase price of the selected unit, many homebuyers will not be required to understand the …
Read More »No more offices at CBRE Group’s Inland headquarters
No more conventional conference rooms or assigned work spaces, either, as the real estate brokerage shifts to a concept called Workplace360. The idea is to get workers to interact more, but to do that they must forego all personal space. Joe Cesta no longer has an office, corner or otherwise, …
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