Homebuying slump: Sales drop 6% in Chino, Rancho Cucamonga, Ontario, Upland, Fontana
Inland Valley Daily Bulletin - 03-19
Homebuying in and around Chino, Rancho Cucamonga, Ontario, Upland, and Fontana fell 6 percent in a year with the fewest countywide sales since 2014. Key culprits in the slowdown include higher mortgage rates and economic uncertainty — not to mention homeowners seeking new residences who couldn’t unload their current home. Here’s what my trusty spreadsheet told me when looking at house-hunting patterns at the neighborhood level.