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Housing Prices Los Angeles County

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CALIFORNIA | LOCAL
October 12, 1999 | KAREN ROBINSON-JACOBS, TIMES STAFF WRITER
Continued strong housing demand, limited supply and the popularity of high-priced digs helped ratchet up September single-family home prices in the San Fernando Valley to their highest levels in seven years, figures released Monday show. Last month, the median price of a single-family home in the Valley was $225,000, a gain of 18.5% over the September 1998 figure of $189,900. It was the highest median price in any month since April 1992, when the median was $227,000.
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BUSINESS
June 27, 2000 | DIANE WEDNER, TIMES STAFF WRITER
Defying analysts' predictions of a slowdown in May home purchases, both sales and prices of existing homes in California hit record highs in May, a realty trade group reported Monday. Sales of existing homes in California rose 7.2% last month over the same period last year to a seasonally adjusted annualized rate of 580,540, according to the California Assn. of Realtors and Transamerica Intellitech. The median price of an existing single-family home in California jumped 11.
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BUSINESS
October 13, 1998 | ABIGAIL GOLDMAN, TIMES STAFF WRITER
September traditionally ushers in a slow period in real estate, but not this year and not in the San Fernando and Santa Clarita valleys, an industry group said Monday. The Santa Clarita Valley posted a 16.3% gain in housing sales in September compared with the same period last year, according to the Southland Regional Assn. of Realtors. The San Fernando Valley had a gain of just 1.
NEWS
June 3, 2000 | DARYL STRICKLAND, TIMES STAFF WRITER
This is the height of home-buying season, the best of times for sellers--or at least that's what Sue Epps thought. Epps put up her four-bedroom house in La Verne, with its new kitchen appliances and neatly tended petunias in the yard, expecting a stampede of buyers. But in two months, she's had only two offers, both shockingly low. Even after she ratcheted down her price twice, to $375,000, nobody is calling. Epps, 37, hasn't given up on the market, but she is getting frustrated.
BUSINESS
June 27, 2000 | DIANE WEDNER, TIMES STAFF WRITER
Defying analysts' predictions of a slowdown in May home purchases, both sales and prices of existing homes in California hit record highs in May, a realty trade group reported Monday. Sales of existing homes in California rose 7.2% last month over the same period last year to a seasonally adjusted annualized rate of 580,540, according to the California Assn. of Realtors and Transamerica Intellitech. The median price of an existing single-family home in California jumped 11.
BUSINESS
August 19, 1997 | JULIA SCHEERES, SPECIAL TO THE TIMES
Sales of single-family homes in the San Fernando Valley jumped 18.7% in July over a year ago and average selling prices rose 1.8%, reflecting continued strong demand in the lower-priced end of the housing market. July was the third consecutive month that home sales topped 1,000 units, according to the San Fernando Valley Assn. of Realtors.
BUSINESS
December 7, 1993 | PATRICE APODACA, TIMES STAFF WRITER
Housing sales in the San Fernando Valley rebounded in November on the strength of single-family home sales, but prices continued to plunge. Overall sales of previously owned houses and condominiums jumped 22% last month, to 944 from 772 units sold in November, 1992, the San Fernando Valley Assn. of Realtors reported. However, last month's total fell 1% short of October, when 954 houses and condominiums changed hands. Single-family house sales led the year-to-year increase.
CALIFORNIA | LOCAL
July 7, 1999 | ANDREW BLANKSTEIN
The median price for a new single-family home in the San Fernando and Santa Clarita valleys soared 33.3% during the second quarter of 1999 compared with year-ago figures, an industry group reported Tuesday. The median price for a new house now stands at $329,990, according to the Meyers Group real estate consulting firm. That compared with a $247,450 median price for the second quarter of 1998. The group defined the second quarter as mid-March through mid-June.
BUSINESS
August 19, 1999 | DARYL STRICKLAND, TIMES STAFF WRITER
Home values in Los Angeles County grew faster than anywhere in the nation during the last three months, as the robust economy produced strong gains throughout the state's largest metropolitan areas, according to a national survey released Wednesday. In Los Angeles County, home values in the second quarter surged 14.
NEWS
June 3, 2000 | DARYL STRICKLAND, TIMES STAFF WRITER
This is the height of home-buying season, the best of times for sellers--or at least that's what Sue Epps thought. Epps put up her four-bedroom house in La Verne, with its new kitchen appliances and neatly tended petunias in the yard, expecting a stampede of buyers. But in two months, she's had only two offers, both shockingly low. Even after she ratcheted down her price twice, to $375,000, nobody is calling. Epps, 37, hasn't given up on the market, but she is getting frustrated.
CALIFORNIA | LOCAL
October 12, 1999 | KAREN ROBINSON-JACOBS, TIMES STAFF WRITER
Continued strong housing demand, limited supply and the popularity of high-priced digs helped ratchet up September single-family home prices in the San Fernando Valley to their highest levels in seven years, figures released Monday show. Last month, the median price of a single-family home in the Valley was $225,000, a gain of 18.5% over the September 1998 figure of $189,900. It was the highest median price in any month since April 1992, when the median was $227,000.
BUSINESS
August 19, 1999 | DARYL STRICKLAND, TIMES STAFF WRITER
Home values in Los Angeles County grew faster than anywhere in the nation during the last three months, as the robust economy produced strong gains throughout the state's largest metropolitan areas, according to a national survey released Wednesday. In Los Angeles County, home values in the second quarter surged 14.
CALIFORNIA | LOCAL
July 7, 1999 | ANDREW BLANKSTEIN
The median price for a new single-family home in the San Fernando and Santa Clarita valleys soared 33.3% during the second quarter of 1999 compared with year-ago figures, an industry group reported Tuesday. The median price for a new house now stands at $329,990, according to the Meyers Group real estate consulting firm. That compared with a $247,450 median price for the second quarter of 1998. The group defined the second quarter as mid-March through mid-June.
BUSINESS
October 13, 1998 | ABIGAIL GOLDMAN, TIMES STAFF WRITER
September traditionally ushers in a slow period in real estate, but not this year and not in the San Fernando and Santa Clarita valleys, an industry group said Monday. The Santa Clarita Valley posted a 16.3% gain in housing sales in September compared with the same period last year, according to the Southland Regional Assn. of Realtors. The San Fernando Valley had a gain of just 1.
CALIFORNIA | LOCAL
April 27, 1998 | JOSE CARDENAS, TIMES STAFF WRITER
The real estate feeding frenzy forced Manuel Aldana to give up hopes for even a modest single-family home and settle for a smaller condominium. The competition was just too tough. Home prices were climbing too fast. Offers were coming in high. And prospective buyers and their real estate agents were not waiting for formal open houses to visit properties. So homes that Aldana considered reasonably priced in January became unaffordable. The cheaper townhouse would have to do.
BUSINESS
December 9, 1997 | BARRY STAVRO, TIMES STAFF WRITER
The San Fernando Valley's real estate comeback continues with the highest number of single-family house sales during any November of this decade. Sale prices also continue to climb but remain far below the high-water mark of the late 1980s. November was the seventh consecutive month of rising house sales: 947 single-family homes were sold in the Valley, up 10% from November a year ago. According to figures released Monday by the Southland Regional Assn.
BUSINESS
June 10, 1997 | JULIA SCHEERES, SPECIAL TO THE TIMES
Sales of single family homes rose 15% in the San Fernando Valley for the month of May compared to a year ago, while average sales prices rose 6%, reflecting the area's most active residential real estate market in two years. A total of 1,068 single family homes were sold last month, compared to 995 a year ago--the first time sales have broken the 1,000 mark since August 1995, according to the San Fernando Valley Assn. of Realtors.
CALIFORNIA | LOCAL
April 27, 1998 | JOSE CARDENAS, TIMES STAFF WRITER
The real estate feeding frenzy forced Manuel Aldana to give up hopes for even a modest single-family home and settle for a smaller condominium. The competition was just too tough. Home prices were climbing too fast. Offers were coming in high. And prospective buyers and their real estate agents were not waiting for formal open houses to visit properties. So homes that Aldana considered reasonably priced in January became unaffordable. The cheaper townhouse would have to do.
BUSINESS
August 19, 1997 | JULIA SCHEERES, SPECIAL TO THE TIMES
Sales of single-family homes in the San Fernando Valley jumped 18.7% in July over a year ago and average selling prices rose 1.8%, reflecting continued strong demand in the lower-priced end of the housing market. July was the third consecutive month that home sales topped 1,000 units, according to the San Fernando Valley Assn. of Realtors.
BUSINESS
June 10, 1997 | JULIA SCHEERES, SPECIAL TO THE TIMES
Sales of single family homes rose 15% in the San Fernando Valley for the month of May compared to a year ago, while average sales prices rose 6%, reflecting the area's most active residential real estate market in two years. A total of 1,068 single family homes were sold last month, compared to 995 a year ago--the first time sales have broken the 1,000 mark since August 1995, according to the San Fernando Valley Assn. of Realtors.
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