Victor Valley's Latest Real Estate News & Information

Adelanto mayor pro tem’s restaurant loses small claims case

Adelanto Mayor Pro Tem Jermaine Wright has been ordered to pay $1,200 to a company hired to clean his restaurant that he took to small claims court in late March for allegedly breaking two coolers and subsequently harassing him for an unpaid service bill. The suit came just six weeks after Fat Boyz Grill’s grand opening.The court ruled earlier this month that Wright failed to prove his case. A […]

Original Article: http://www.vvdailypress.com/news/20160630/adelanto-mayor-pro-tems-restaurant-loses-small-claims-case?rssfeed=true
Date: 1467396105

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High Desert storms back in ninth to top Inland Empire

ADELANTO — Patience pays off. Especially if you’re a High Desert Mavericks batter.Down 6-4 in the bottom of the ninth, the Mavs walked, stole bases and finally won 7-6 when shortstop Michael De Leon was hit by a pitch with the bases loaded.Inland Empire was three outs away from its first win against the Mavericks on Thursday night, but again the 66ers were denied. High Desert scored once in the eighth and three times in the ninth to end a three-game losing […]

Original Article: http://www.vvdailypress.com/sports/20160630/high-desert-storms-back-in-ninth-to-top-inland-empire?rssfeed=true
Date: 1467396104

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Mortgage rates drop again to 3-year lows

Tustin apartment complex sells for $28 million

As international billionaires get nervous, sales in L.A.’s ultra-luxury housing market slow

Cash Accounts for 26 Percent of Commercial Transactions in REALTOR® Markets

Commercial real estate investment trends were positive in 2015, with sales of large cap CRE transactions totaling $543 billion, based on Real Capital Analytics (RCA) data. However, in the first quarter 2016 sales volume dropped 20 percent on a yearly basis, to $111 billion. In contrast to the large cap transactions reported by RCA, commercial REALTORS® managed transactions averaging less than $2.5 million per deal, frequently located in secondary and tertiary markets. The Commercial Real Estate Lending Trends 2016 shines the spotlight on this significant segment of the economy.

Original Article: http://feedproxy.google.com/~r/RealtororgCommercialHeadlines/~3/mImUSP69lf8/cash-accounts-for-26-percent-of-commercial-transactions-in-realtor-markets
Date: 1467396096

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