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REAL ESTATE
July 4, 1993 | Times Wire Services
The number of residential and commercial foreclosures in Southern California jumped by 80% in the first five months of 1993, compared to the same period last year, according to TRW REDI Property Data. Between January and May, lenders took possession of 17,850 properties, of which about 85% were owner-occupied homes. TRW REDI reported that this latest increase in the foreclosures has added $4 billion worth of real estate to the portfolio held by the lenders.
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BUSINESS
December 1, 1995
Alleghany Corp. has asked the Federal Trade Commission to approve a plan for one of its subsidiaries to exchange real estate records from Southern California with TRW REDI Property Data. The agency's approval is needed under the terms of two agreements that were reached after the FTC expressed competitive concerns about Alleghany's earlier acquisitions of competing title-insurance companies or real estate records.
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REAL ESTATE
March 28, 1993 | Special to The Times
Housing demand in the six-county Southern California region nudged up by 0.3% in the month of February compared to the same period a year ago, according to TRW REDI Property Data. While demand seems to have firmed up slightly, TRW REDI found a noticeable shift of activity in favor of lower-priced homes. Entry level homes now account for just over 53% of all purchases compared to 49% a year ago.
REAL ESTATE
October 1, 1995
-- Sample Size (for 10-year period) 353 Ave. home size (square feet) 1,420 Ave. Year Built 1921 Ave. No. Bedrms 2.48 Ave. No. Baths 1.27 Pool 4% Central air 3% Floodzone 49% Price Range (1994-95) $117,000-361,000 Predominant Value $141,000 Age Range 5-91 years Predominant Age 73 years -- Average Sales Data -- Year Total $ per Median Sales sq. ft. price 1995 17 $115.99 $151,176 1994 39 $125.86 $195,454 1993 20 $155.97 $232,500 1992 12 $178.62 $313,333 1991 21 $211.
BUSINESS
December 1, 1995
Alleghany Corp. has asked the Federal Trade Commission to approve a plan for one of its subsidiaries to exchange real estate records from Southern California with TRW REDI Property Data. The agency's approval is needed under the terms of two agreements that were reached after the FTC expressed competitive concerns about Alleghany's earlier acquisitions of competing title-insurance companies or real estate records.
REAL ESTATE
October 1, 1995
-- Sample Size (for 10-year period) 353 Ave. home size (square feet) 1,420 Ave. Year Built 1921 Ave. No. Bedrms 2.48 Ave. No. Baths 1.27 Pool 4% Central air 3% Floodzone 49% Price Range (1994-95) $117,000-361,000 Predominant Value $141,000 Age Range 5-91 years Predominant Age 73 years -- Average Sales Data -- Year Total $ per Median Sales sq. ft. price 1995 17 $115.99 $151,176 1994 39 $125.86 $195,454 1993 20 $155.97 $232,500 1992 12 $178.62 $313,333 1991 21 $211.
REAL ESTATE
June 28, 1992 | Times Wire Services
Further evidence of the depressed Southland housing market emerged last week as TRW REDI Property Data released home price and purchase activity report for May. Year-over-year changes show a drop of more than 3% in average price and a staggering 24% in the number of homes purchased in the six-county region. TRW REDI Property Data monitors real estate transactions based on county records and provides information to banks, title companies, appraisers and real estate consultants. Average price of a home fell by 4% in Los Angeles County, 2% in Orange County and just under 5% in Ventura County in the year ending May, 1992.
BUSINESS
September 4, 1991 | JOHN O'DELL, TIMES STAFF WRITER
Citing the high costs of developing new business in today's economy, TRW Inc. and Elsevier N.V. said Monday that they have combined their real estate information operations in a new joint venture, TRW Redi Property Data, headquartered in Riverside. Edwin P.
BUSINESS
December 16, 1993 | DEBORA VRANA, SPECIAL TO THE TIMES
Home sales in Orange County are expected to decline 2.1% for 1993, according to figures released Wednesday by TRW REDI Property Data. Still, though new and existing home sales are projected to decline to 29,725 homes from 30,352 homes sold last year, Orange County compares positively to the rest of the state, where home sales are expected to drop 4.4% from last year, TRW REDI said.
REAL ESTATE
March 20, 1994
A study of mortgage lending in 12 states by TRW REDI Property Data shows that 75% of all mortgages originated in 1993 by financial institutions were refinance loans. In California, it was more than 80%, with the balance representing loans for home purchases.
BUSINESS
December 16, 1993 | DEBORA VRANA, SPECIAL TO THE TIMES
Home sales in Orange County are expected to decline 2.1% for 1993, according to figures released Wednesday by TRW REDI Property Data. Still, though new and existing home sales are projected to decline to 29,725 homes from 30,352 homes sold last year, Orange County compares positively to the rest of the state, where home sales are expected to drop 4.4% from last year, TRW REDI said.
REAL ESTATE
July 4, 1993 | Times Wire Services
The number of residential and commercial foreclosures in Southern California jumped by 80% in the first five months of 1993, compared to the same period last year, according to TRW REDI Property Data. Between January and May, lenders took possession of 17,850 properties, of which about 85% were owner-occupied homes. TRW REDI reported that this latest increase in the foreclosures has added $4 billion worth of real estate to the portfolio held by the lenders.
REAL ESTATE
March 28, 1993 | Special to The Times
Housing demand in the six-county Southern California region nudged up by 0.3% in the month of February compared to the same period a year ago, according to TRW REDI Property Data. While demand seems to have firmed up slightly, TRW REDI found a noticeable shift of activity in favor of lower-priced homes. Entry level homes now account for just over 53% of all purchases compared to 49% a year ago.
REAL ESTATE
June 28, 1992 | Times Wire Services
Further evidence of the depressed Southland housing market emerged last week as TRW REDI Property Data released home price and purchase activity report for May. Year-over-year changes show a drop of more than 3% in average price and a staggering 24% in the number of homes purchased in the six-county region. TRW REDI Property Data monitors real estate transactions based on county records and provides information to banks, title companies, appraisers and real estate consultants. Average price of a home fell by 4% in Los Angeles County, 2% in Orange County and just under 5% in Ventura County in the year ending May, 1992.
BUSINESS
September 4, 1991 | JOHN O'DELL, TIMES STAFF WRITER
Citing the high costs of developing new business in today's economy, TRW Inc. and Elsevier N.V. said Monday that they have combined their real estate information operations in a new joint venture, TRW Redi Property Data, headquartered in Riverside. Edwin P.
BUSINESS
July 20, 1993
TRW Redi Property Data's monthly housing report for Southern California shows demand through June this year running below levels of a year earlier. In Orange County, home sales were down 10.5% from the same period last year. The average price for homes sold during the first half of the year dropped 4.2%. Number of homes sold (In thousands) Orange: (1993: 13,676) -10.5% Los Angeles: -9.9% Riverside: -12.4% San Bernardino: -16.5% Ventura: -1.8% San Diego: -10.
BUSINESS
October 2, 1993
Foreclosures in Orange County increased 87.7% in the first eight months of 1993 compared to the same period a year ago, according to a report Friday by TRW Redi Property Data. There were 3,456 foreclosures from January through August in Orange County this year, compared to 1,841 in 1992 and 898 in 1991, the real estate information company reported.
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