Inland Empire Leaves Great Real Estate Recession Behind

The Inland Empire’s real estate troubles seem to be a thing of the past. At least that’s the opinion of Christopher Thornberg, director of UC Riverside’s Center for Economic Forecasting and Development.

According to Thornberg, the IE’s real estate industry will be relatively stable this year, but the area still has a “ways to go.”

Thornberg sees home sales rising, but not at such a drastic pace, which has been one of the most impressive areas of the U.S. economy for the last two years.  He also believes that there is more growth opportunity in the Inland Empire than other areas of California.