April 28, 1995 |
In an economic boost for the city of Anaheim, TRW REDI Property Data, a real estate data company, will move its Riverside headquarters and 250 workers to Anaheim's redevelopment zone later this year. A subsidiary of TRW Inc., the $8-billion information company based in Cleveland, TRW REDI will consolidate its operations in a large building formerly occupied by Hughes Aircraft in Anaheim.
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.
July 4, 1993 |
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.
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.
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.