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 …
Read More »Nominations for NAIOP awards due
NAIOP Inland Empire is asking local real estate professionals to nominate their employers, co-workers and business partners for the chapter’s annual REXIE Awards. The third annual awards program, a benefit for the Boys & Girls Club of Fontana, is scheduled to be held Jan. 14 at the Hilton Ontario Airport, …
Read More »Retail property sells
A property in Riverside that is occupied by O’Reilly Auto Parts has sold. Riverosity LLC in Los Angeles bought the property at 1691 University Ave. from Ximeno Associates in Newport Beach for $3.2 million, according to a statement by Faris Lee Investments. The sale was announced Tuesday. O’Reilly Auto Parts …
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