California’s housing market stayed healthy in October, maintaining sales above pre-pandemic levels despite a decline in year-over-year sales for the fourth consecutive month. Sales of existing single-family detached homes totaled 434,170 last month, according to data collected from more than 90 realtors statewide, according to the California Realtors Association in …
Read More »Star Crab to open in Fontana
Star Crab, the Cajun-style seafood restaurant that started in Riverside in 2013, will open a restaurant at Fontana Plaza. The restaurant chain has leased 5,800 square feet at Fontana Plaza, 9860 Sierra Ave., according to a statement released Wednesday by Progressive Real Estate Partners in Rancho Cucamonga. Progressive, which specializes …
Read More »Homebuilder buys Menifee lots
A Newport Beach real estate investment firm has sold 261single-family lots within Braverde, a master-planned community in Menifee. IHP Capital Partners sold the parcels, which are part of the project’s second and final phase, to Richmond American Homes in Denver for an undisclosed sum, according to a statement released Monday. …
Read More »Hotel planned for Rialto
Construction has begun on a 135-room hotel in Rialto. Ayres Hotel Rialto is being built at Linden and Renaissance Parkway next to the Foothill Freeway. When finished, the hotel will be part of Renaissance Marketplace, a master-planned community being developed by the Lewis Cos. in Upland. The hotel will have …
Read More »Moreno Valley parcel to become retail site
A Los Angeles developer will build a retail project on 1.2 acres it has purchased in Moreno Valley. Seagrove Property Group paid $1,050,000 for the parcel at 23125 Sunnymead Blvd. near the 60 Freeway, according to Progressive Real Estate Partners in Rancho Cucamonga, which negotiated the transaction. Information about the …
Read More »State home market stays tough for most would-be buyers
Buying a home remained a major hurdle for most Californians during the third quarter, according to data released this week. Only 24 percent of the state’s prospective homebuyers could afford the $814,450 needed to buy a median-price single-family home during that time, up slightly from the second quarter, but down …
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