Tag Archives: Moreno Valley

Southern California Industrial Real Estate Recovering, Although Small Players …

The Southern California industrial real estate market has been recovering for the last 18 months and a number of major developments have been built in Los Angeles, Orange County and the Inland Empire, says Kurt Strasmann, senior managing director for … Continue reading

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October home sales hit 3-year high; prices up 17% year over year

Southern California’s real estate market bucked the typical fall slowdown last month, with buyers snapping up pricier homes and sales roaring up 18% over the prior month. Sales hit a three-year high for an October, rising 25% from the same … Continue reading

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REAL ESTATE: Inland land in state of transformation – Press

As California’s residential real estate leaders heard the forecast this week for 1.3 percent growth in 2013, a panel of commercial developers said their industry is taking small, measured steps to lay the groundwork for significant real estate activity in … Continue reading

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REAL ESTATE: Land transformation about to occur in real estate – Press

Posted on | October 4, 2012 | Comments As California’s residential real estate industry leaders heard predictions for 1.3 percent growth in 2013 in Anaheim yesterday, a panel of commercial developers who gathered in Ontario told the local chapter of … Continue reading

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REAL ESTATE: Filling Albertsons’ footprints may be complicated – Press

Five Inland Southern California communities, none of which like the idea of a neighborhood shopping center without an anchor tenant, now face the closing of Albertsons supermarkets before the end of this year. Supervalu, the Minnesota-based corporate parent of Albertsons, … Continue reading

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REAL ESTATE: More distribution activity likely in 2012 – Press

The industrial real estate market turned a corner in 2011 in Inland Southern California, and there are strong signals the arrows are still pointing northward in the area’s eastern tier, thanks to renewed economic activity and a shortage of available … Continue reading

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PRG Pays $65 Million for Two Apartment Communities in Inland Empire

LOS ANGELES–(EON: Enhanced Online News)–Citing the continued upside potential for rental properties in Southern California, Phoenix Realty Group (PRG) has now acquired 10 apartment communities across the region in the past year with the recent purchases of the $34.5-million Windrush … Continue reading

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Southern California housing market improves slightly in June

The Southern California housing market showed some signs of stabilizing last month with sales popping up more than average from May to June, a real estate data firm reported Tuesday. Sales rose 11.6% from May, driven by first-time buyers and … Continue reading

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To recover, California must get its housing in order

There’s one big reason why foreclosure reforms that strongly encourage banks to redo loans for “underwater” homeowners are a must for California, and soon: This state’s overall economy and employment levels simply cannot recover to pre-recession status until the foreclosure … Continue reading

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Inland foreclosure discounts lower compared to nationally

<!– (Source: By Leslie Berkman, The Press-Enterprise, Riverside, Calif.) – Inland Southern California houses that were bank-owned or in some stage of foreclosure sold for 18 percent less on average than other inland houses in the first quarter of this … Continue reading

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