Homeowners with mortgages saw the equity in their homes increase by an average of 10.8 percent between this year’s third quarter and the third quarter of 2019, a recent study has found. Nationwide, that represented a collective equity gain of approximately $1 trillion – an average of $17,000 per homeowner …
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The market might manage a few small improvements in 2021, but don’t look for anything substantial until at least 2022. COVID-19 hit every sector of the Inland Empire economy hard, and nowhere did it hit harder than the region’s office market. Most of the numbers that determine whether a market …
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A mixed-use property in downtown Redlands has been sold for $3.5 million. The Feldkamp family bought the property at 21 W. Stuart Ave., a two-building site in the city’s packinghouse district, according to CBRE. The seller was a private investor whose name was not released. CBRE represented both parties in …
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Progressive Real Estate Partners has been placed in charge of leasing at Corona Hills Plaza in Corona. Tenants at the 489,000-square-foot regional shopping center at McKinley Avenue next to the 91 Freeway include Costco, Home Depot, 99 Ranch Market, Ross, TJ Maxx, Big 5, and Home Depot, according to a …
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Two hundred and fifty single-family housing lots in Menifee that are ready for development have been sold. IHP Capital Partners in Newport Beach sold those properties to homebuilder Richmond American Homes in Denver, builder of the Braverde master-planned community, according to a statement. Financial details were not released. Braverde is …
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E-commerce returns are expected to put extreme pressure on the nation’s supply chains this holiday season and increase demand for industrial space, according to CBRE. Returns of goods purchased during Christmas could reach $70.5 billion, a 73 percent increase above the previous five-year average, CBRE reported in a study. E-commerce, …
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IE Business Daily Business news for the Inland Empire.
