Pending home sales fell 1.1 percent week-over-week as of May 17, the first nationwide decline since early April. Mortgage-purchase applications declined four percent during that time, a drop attributed to an increase in interest rates, according to Redfin, a Seattle-base real estate company that operates a popular real estate brokerage …
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A 2,700-square-foot building in Ontario occupied by a Wienerschnitzel restaurant has been sold. The free-standing building at 4605 Mills Circle was purchased by a private investor for $2.8 million, according to Progressive Real Estate Partners in Rancho Cucamonga. The buyer was represented by Progressive and the seller, represented by Kotai …
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California’s median home price reached a record high in April, helped by lower mortgage rates and more sales in high-end neighborhoods. The median home price reached $914,810 last month, a 2.9 percent increase from March and up slightly year-over-year, the California Association of Realtor reported. Sales of existing single-family homes …
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Despite high gas prices and inflation, U.S. retail sales rose for the seventh consecutive month in April, according the National Retail Federation. Nationwide sales, not counting automobile and gasoline transactions, were up 0.34 percent from March and up 5.7 compared with April 2025, the federation reported. The month-over-month figure was …
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Housing affordability improved statewide during the first quarter of 2026, posting gains quarter-over-quarter and year-over-year. Twenty two percent of California’s households could afford the median price of a single-family home – $843,390 – during the first three months of this year, up one percent from the fourth quarter of 2025 …
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A 68-acre site in Jurupa Valley zoned for industrial development has been sold. Bridge Logistics Properties, a national real estate investment management company, bought the property for an undisclosed sum, according to a company statement. Information about the seller also was not released. The parcel is next to the 60 …
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IE Business Daily Business news for the Inland Empire.
