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Tag Archives: Real Estate

State housing affordability drops

“Underwater” Home Decline

Housing affordability in California dropped to its lowest point in two years during the third quarter, according to the California Association of Realtors. Double-digit prices increases and a lack of homes for sale meant only 28 percent of the state’s potential home buyers could afford the median price of $693,680, …

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Bank complex will become autism treatment center

A former banking complex in Riverside has been purchased by a company that offers intervention services and early treatment for autistic children. Dream Big Children’s Center paid $1.4 million for the structures at 6876 Magnolia St., according to Progressive Real Estate Partners in Rancho Cucamonga.  Progressive Real Estate represented the …

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Temecula retail center sells for $7.1 million

Inland Empire Retail Properties Sold

A Starbucks-anchored retail center in Temecula has been sold. The Shops at Gateway to Temecula, an 8,325-square-foot retail center with multiple tenants, sold for $7.1 million, according to a statement. The seller, Pacific Real Estate of Corona, was represented by Hanley Investment Group, who announced the sale. The buyer, a …

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Electronics firm leases Eastvale industrial building

A 276,000-square-foot logistics facility in Eastvale has been leased to a single tenant. Newegg, an online retail company that specializes in computers, cameras and other electronic items, has signed a 100-month lease to occupy the building at 2653 S. Milliken Ave., according to a statement. Financial terms were not disclosed. …

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Upland office project sold

An office property in Upland has sold for $10.25 million. Stewart Plaza, a two-building complex at 400 to 440 Mountain Ave., was purchase by Harbor Investments in Long Beach, CBRE announced in a statement. The seller was a private investor whose name was not released. Stewart Plaza covers 84,500 square …

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Home prices rise at fast clip

Home Prices Increase

Home prices nationwide increased 6.7 percent in September compared with September 2019, according to data released Tuesday. That was the fastest year-over-year acceleration in the prices of single-family homes and condominiums since May 2014, Irvine-based CoreLogic reported in its monthly assessment of the U.S. housing market. Nationwide home prices increased …

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