March 28, 1993 |
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.
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.
June 28, 1992 |
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.
September 4, 1991 |
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.
December 16, 1993 |
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.
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.