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BUYERS EYEING HOLIDAYS.


Byline: Daily News

SANTA CLARITA Santa Clarita, city (1990 pop. 110,642), Los Angeles co., S Calif., suburb 30 mi (48 km) NW of downtown Los Angeles, on the Santa Clara River; inc. 1987. Situated in the Santa Clara valley and nearby canyons, Santa Clarita includes the former towns of Canyon Country,  - Home sales in Santa Clarita began tapering off tapering off Sports medicine A format for competition training, where a world-class athlete ↓ frequency and intensity of training in the wks before an Olympic or other sport event of importance, with the hope that perfomance in the key event will be medal-worthy  last month as the peak buying season ends and the holiday season begins, a real estate association said Monday.

The Southland south·land or South·land  
n.
A region in the south of a country or an area.



southland·er n.

Noun 1.
 Regional Association of Realtors reported that 344 properties closed escrow escrow

Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition.
 in September, two sales ahead of a year ago, but down more than 10 percent from August.

``Our market is exceptionally strong,'' said Bob Kellar, president of the Santa Clarita Division of the Southland Regional Association of Realtors, in a release. ``Even as other markets cool down, buyer demand remains high in Santa Clarita, especially among buyers hunting for affordable homes.''

Single-family sales fell slightly, but condominium condominium

In modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common.
 sales kept up their fast pace, officials said. The 131 condos that sold last month marked more than a 4 percent increase from last year, but a 9 percent drop from August.

While sales fell slightly, the median resale price of homes increased by 10 percent last month to $247,400. Condominium prices dropped 1 percent to $138,500.

Officials expect sales to pick up again after the holidays.
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Copyright 2000, 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)
Article Type:Statistical Data Included
Date:Oct 17, 2000
Words:180
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