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BUSINESS NOTES APRIL HOME SALES SLIP IN SOUTHLAND.


Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region,  home sales dipped again in April as supply remained tight and potential move-up buyers put purchase plans on hold, an industry tracker said Monday.

Price increases, however, are now spreading into entry-level markets, said Data Quick Information Services See Information Systems. .

Last month 24,120 new and resale houses and condos were sold in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Riverside, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Ventura, San Bernardino and Orange counties last month, down 3.1 percent on an annual basis.

Last month's median sales price was $224,000, up 11.4 percent from $201,000 for April a year ago.

In Los Angeles County sales fell 2.8 percent to 9,182 units and the median price was $215,000, up 10.3 percent.

Sale were basically flat in Ventura County at 1,246 units. The median price was $256,000 versus $255,000 a year ago.

- Daily News

Youbet.com joins Gemstar-TV Guide

WOODLAND HILLS - Youbet.com Inc., an online horse racing site, has teamed up with Gemstar-TV Guide, which could lead to Gemstar owning a majority stake in the struggling Web site.

Pending approval by Youbet.com stockholders, TVG TVG TV Guide (magazine)
TVG Televisión de Galicia
TVG Tierversuchsgegner (German: Antivivisection)
TVG Television Games Network
TVG Toronto Venture Group
TVG Tri Valley Growers
TVG Time-Variable Gain
 may purchase up to 51 percent of Youbet.com common shares at $2.50 per share.

The partnership will enable Youbet.com to utilize TVG's wagering technology for online and automated telephone applications.

Pasadena-based TVG is a horse racing network available on cable and satellite systems.

- Daily News
COPYRIGHT 2001 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:May 22, 2001
Words:233
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