Construction jobs increased three percent in the Inland Empire between November 2012 and November 2013, another sign of economic recovery for the two-county region. An estimated 2,100 construction jobs were added in the Riverside-San Bernardino-Ontario market during that 12-month period, according to report released Tuesday by the Associated General Contractors …
Read More »Inland industrial market expected to stay strong
Industrial construction will continue to grow in Southern California during 2014, with much of that activity expected to happen in the Inland Empire, according to a forecast released Monday. About 12.7 million square feet of industrial space is expected to come online in Riverside and San Bernardino counties next year, …
Read More »Housing market hits a bump in the road
Single-family home sales in Southern California fell in November, as potential buyer struggled with higher prices and a shrinking supply of homes on the market. Sales in the six-county region dropped 10.4 percent last month compared with November 2012, according to DataQuick in San Diego. While sales dropped dramatically, the …
Read More »Local foreclosures are down
Home foreclosures in the Inland Empire dropped last month, according to data released last Thursday. There were 2,658 foreclosure filings in Riverside and San Bernardino counties in November, down 5.3 percent compared with October and down 56 percent year-to-year, according to a report originally published in The Press-Enterprise. San Diego …
Read More »Office condos in Corona sell
Voit Real Estate Services recently completed the sale of seven medical and professional condominium office buildings in Corona. The structures, at the Corona Corporate Centre, sold for $18.6 million to 20 separate buyers, according to a statement posted on the Voit website. All of the buildings at the project, which …
Read More »Inland real estate professionals help local food bank
NAIOP Inland Empire has donated $5,000 to the Second Harvest Food Bank in Riverside. The donation, which was made last Thursday, will cover the cost of 40,000 meals, insuring that hundreds of Inland Empire families in need will have food for the holidays, according to a statement. More than 35 …
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