A 15-acre high-end apartment community has opened in Murrieta. Vintage Farms was developed by MBK Rental Living in Irvine and is available for leasing, according to a statement released by the company. The 330-unit project at 28749 Clinton Keith Road just east of Interstate 215 features studio, one-, two-, and …
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A Corona building leased to El Pollo Loco has been sold for $2.9 million. The stand-alone structure, which covers 2,250 square feet at 610 N. Main St., was bought by a private investor who declined to be identified, according to Progressive Real Estate Partners in Rancho Cucamonga. The seller also …
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The median price of a single-family home nationwide reached $400,894 during the four weeks that ended June 7, according to Redfin. That was a record high, and a 1.5 percent year-over-year increase, the result of high mortgage rates reducing the number of pending sales for the fourth consecutive month, the …
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The U.S. housing market continues to struggle. Listings of new homes for sale fell 1.3 percent during the week that ended May 31, one of the steepest week-over-week declines this year, according to Redfin. That’s not the only sign of would-be homebuyers staying away from the market, the Seattle-based real …
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Today’s residential market definitely favors homebuyers. More sellers nationwide are removing the For Sale sign from their front yard because they’ve been unable to get the sale price they’re looking for, according to Seattle-based Redfin. In April, 5.8 percent of all listed homes nationwide were taken off the market, tied …
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Pending home sales fell 1.5 percent nationwide during the week that ended May 24, the second straight week of decline after four consecutive week of increases. Mortgage-purchase applications fell to their lowest level since early April, the result of higher mortgage rates keeping a lot of would-be homebuyers on the …
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IE Business Daily Business news for the Inland Empire.
