HOUSING SALES STALL AFTER ATTACKS.Byline: Kathleen Sweeney Sweeney in poems by T. S. Eliot, symbolizes the sensual, brutal, and materialistic 20th-century man. [Br. Poetry, Benét, 978] See : Virility Staff Writer 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, - Housing sales in the Santa Clarita Valley The Santa Clarita Valley is the valley of the Santa Clara River in Southern California. It stretches through Los Angeles County and Ventura County. Its main population center is the city of Santa Clarita. The valley was part of the 48,612-acre (19,672. dipped dramatically after the Sept. 11 terrorist attacks, but returned to normal within a few weeks, officials said Monday. The median cost of homes remained at a record high of $275,000 in September, with a total of 256 single-family homes closing 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. , 20 percent higher than a year ago, but down 21 percent from August, the Southland south·land or South·land n. A region in the south of a country or an area. south  land·er n.Noun 1. Regional Association of Realtors said. Immediately following the attacks on the World Trade Center and Pentagon Pentagon Huge five-sided building (1941–43) in Arlington, Va., that is the headquarters of the U.S. Department of Defense. Designed by George Edwin Bergstrom, it was, on its completion, the world's largest office building, covering 34 acres (14 hectares) and offering , residents lost their focus of selling or buying a home, said Nancy Troxell, president of the Santa Clarita Valley Southland Regional Association of Realtors. But within a few weeks, the market picked up again. ``People want to put themselves where they want to be and they don't want to waste another day,'' Troxell said. ``This has made people see their own mortality, and (say) let's not Let's Not is a science fiction short story by Isaac Asimov. It was first published in Boston University Graduate Journal in December 1954. It was written for no payment as a favour to the journal, and later appeared in the collection Buy Jupiter. wait any longer to do what we want to do.'' Realtors also closed escrows on 129 condominiums, a little more than 1 percent below a year ago and more than 17 percent lower than August sales. The median cost of $155,000 remained 12 percent higher than last year, but below the record set in June at $158,000. It's too soon to determine the long-term effects the attacks will have on the housing market, but low interest rates have kept the market at record highs, officials said. Since the attacks, interest rates were reduced again, causing them to fall to the lowest levels in more than two decades. Now, more people are looking and selling, Troxell said. A total of 883 properties, including 706 single-family homes and 177 condominiums, were listed for sale by the end of September - a drop of 26 percent from the previous year, Troxell said. That gives the Santa Clarita Valley a three-month inventory at the current sales pace, though the peak buying season has passed. ``I think the slowing in the market is seasonal,'' Troxell said. ``Interest rates are still amazing a·maze v. a·mazed, a·maz·ing, a·maz·es v.tr. 1. To affect with great wonder; astonish. See Synonyms at surprise. 2. Obsolete To bewilder; perplex. v.intr. . Things are moving right along.'' CAPTION(S): chart Chart: SANTA CLARITA HOUSING PRICES Since the September 11, terrorist attacks on the World Trade Center and Pentagon, home prices have remained at a record high of $275,000. SOURCE: Southland Regional Association of Realtors |
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