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Housing price slide tied to mortgage hikes and fickle buyers.


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.  County home values shed shed

rural building used for agricultural pursuits.


shed hands
miscellaneous workers in a shearing shed at shearing time, i.e. persons other than the shearers, wool classers.
 nearly six months worth of appreciation in January January: see month.  as the market continued a slide that shows no sign of ending soon.

The median price of an existing single-family sin·gle-fam·i·ly
adj.
Relating to or being a dwelling designed for one family only: a single-family home; single-family occupancy. 
 home in L.A. County fell to $519,000 in January, a $6,000 decline from the month earlier and the lowest median price since July July: see month. , according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 HomeData Corp. a Melville, N.Y.-based company that tracks housing data.

While the January median price is 17 percent higher than it had been one year earlier, it's it's  

1. Contraction of it is.

2. Contraction of it has. See Usage Note at its.


it's it is or it has
it's be ~have
 also the narrowest year-over-year increase in L.A. County home values since May.

Real estate agents said the retreat Retreat may refer to:
  • Retreat (spiritual), a religious or spiritual term for time taken to reflect or meditate
  • Retreat (military), a withdrawal of military forces
  • Bugle call, a military signal for the end of day
  • The Retreat
 in home sales and pricing is being sparked by everything from higher mortgage interest tares to buyers being more selective as the available stock rises.

"What's backing up right now are the homes that would have been snapped Snapped is a true crime television series on the Oxygen Network that debuted in 2004 in the United States. It features stories of real women who killed others, mainly husbands or boyfriends.  up before for just having the right zip code zip code

System of postal-zone codes (zip stands for “zone improvement plan”) introduced in the U.S. in 1963 to improve mail delivery and exploit electronic reading and sorting capabilities.
," said Michael Michael, archangel
Michael (mī`kəl) [Heb.,=who is like God?], archangel prominent in Christian, Jewish, and Muslim traditions. In the Bible and early Jewish literature, Michael is one of the angels of God's presence.
 J. Collins, general manager of the Manhattan Beach Manhattan Beach, city (1990 pop. 32,063), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1912. It is a residential and beach community with an oil refinery and nearby factories that produce transportation and electrical equipment, computers, and pottery.  office of Shorewood Shorewood, village (1990 pop. 14,116), Milwaukee co., SE Wis., between the Milwaukee River and Lake Michigan, a suburb of Milwaukee; settled c.1835, inc. 1900. It is mostly residential.  Realtors. "Buyers are being more choosy choos·y also choos·ey  
adj. choos·i·er, choos·i·est
Very careful in choosing; highly selective.



choosi·ness n.
, and a lot of times they can wait to see what comes out next week."

Homes on high-traffic streets, those located on odd-shaped lots or that have unflattering additions are being passed over while nicer homes on quiet streets that are reasonably priced are still getting snapped up quickly. "Those are still getting multiple offers," Collins said.

The January figures also point to a Los Angeles housing market that is steadily cool ing off after nearly three years of red-hot appreciation that has more than doubled the value of many L.A. County homes.

While year-over-year appreciation levels continue to be well above normal historical rates of between 5 to 7 percent, January is the sixth straight month of declining or stagnant stagnant /stag·nant/ (stag´nant)
1. motionless; not flowing or moving.

2. inactive; not developing or progressing.
 median home prices for L.A. County.

However, concerns that L.A.'s housing market could go into a free fall, leaving some homeowners owing more than their properties are worth, aren't aren't  

Contraction of are not. See Usage Note at ain't.


aren't are not
aren't be
 likely, according to Leslie Leslie (Gaelic, derived from a surname meaning 'garden of hollies,'grey fortress, or'garden by the pool')[1] can refer to any of the following: Places
in Scotland:
  • Leslie, Aberdeenshire
  • Leslie, Fife
in the
 Appleton-Young, the senior economist This article is about the profession. For the news publication, see The Economist.

An economist is an expert in the social science of economics.[1]
 for the California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  Association of Realtors.

"We are definitely def·i·nite  
adj.
1. Having distinct limits: definite restrictions on the sale of alcohol.

2. Indisputable; certain: a definite victory.

3.
 transitioning to a lower number of transactions and lower pricing," she said. "We're we're  

Contraction of we are.


we're we are
 calling it a soft landing and we've we've  

Contraction of we have.

we've have
 been seeing evidence of it now for several months."

Mixed bag

For several months, the year-over-year appreciation rates in other 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,  counties have slid to single-digit rates.

However, homes in L.A. County have continued to appreciate more rapidly because of a less volatile With regard to computer memory, it means "temporary" and not "highly changeable," which is the usual meaning of the word. See volatile memory.

1. (programming) volatile - volatile variable.
2. (storage) volatile - See non-volatile storage.
 economy and a greater range of prices, Appleton-Young said.

"There's a tremendous amount of diversity in terms of housing stock in L.A.," she said. "The most rapidly appreciating areas tend to be those in the most affordable areas."

That trend continued into January, where on average, homes in high-priced Adj. 1. high-priced - having a high price; "costly jewelry"; "high-priced merchandise"; "much too dear for my pocketbook"; "a pricey restaurant"
pricey, pricy, costly, dear
 communities saw lower gains than homes in more moderately priced neighborhoods.

For example, even though more pricey Pricey

Term used for an unrealistically low bid price or unrealistically high offer price.


pricey

Of, relating to, or being an unrealistically high offer. An offer to sell a security at $50 when the current market price is $47 is pricey.
 homes in Calabasas' 91302 ZIP code were sold in January than a year earlier, the median price fell 19 percent to $1.1 million. Meanwhile, in working-class San Pedro's 90732 ZIP code, about the same number of homes sold in January as a year ago, yet the median price rose 53 percent to a not-so-blue-collar price of $708,000.

Still, there were several exceptions to the trend. For example, Santa Monica's 90402 beat the odds. The tony ZIP (1) To compress a file with PKZIP. See ZIP file.

(2) (Zip) A removable disk from Iomega. See Zip disk.

(3) (ZIP) (Zig-Zag Inline P
 code's median price rose 60 percent to $2.2 million--the second largest jump in L.A. County during January.

The highest priced homes in L.A. County during January belonged to Windsor Windsor, British royal family
Windsor (wĭn`zər), family name of the royal house of Great Britain. The name Wettin, family name of Albert of Saxe-Coburg-Gotha, consort of Queen Victoria, was changed to Windsor by George V in 1917.
 Square's 90020 ZIP code, where the median cost of a home reached $2.07 million. Beverly Beverly, city (1990 pop. 38,195), Essex co., NE Mass., on Massachusetts Bay; inc. as a city 1894. Its chief manufactures are electronic and scientific equipment, consumer goods, and chemicals.  Hills' 90210 followed with a median price of $2.04 million, which was trailed only slightly by Malibu's 90265 with a median price of $2.02 million.

The most affordable communities in L.A. County during January were in the high desert communities of the Antelope Valley This article is about the Los Angeles County region. For the census-designated place in Wyoming, see Antelope Valley-Crestview, Wyoming.

The Antelope Valley
. Llano's 93544 ZIP code fetched a median price of just $200,000. That's followed by Palmdale's 93591 where the median price is $268,000 and Lancaster's 93534 where the median price is $290,000.

"In Southern California, the new supply of homes is pretty far away from the jobs," Appleton-Young said. "Housing is tight, location is key and because of that we'll we'll  

Contraction of we will.


we'll we will or we shall
we'll will ~shall
 start to see gentrification gentrification, the rehabilitation and settlement of decaying urban areas by middle- and high-income people. Beginning in the 1970s and 80s, higher-income professionals, drawn by low-cost housing and easier access to downtown business areas, renovated deteriorating  of neighborhoods closer to downtown Downtown (called a "city centre" in British English) is a term used in North America when referring to a city's core, usually both in a geographical and commercial / community sense. , as one example."

New trend

Still, L.A.'s housing market - like those regionally and nationally--faces some big tests in the upcoming year. Mortgage interest rates rose for the third consecutive month in January, putting housing further out of reach for most L.A. County families.

Only 12 percent of families in L.A. County had the income to qualify for a conventional mortgage to buy the median-priced home in December December: see month. , the most recent month the figure is available, according to the Realtors association.

Similarly, as home appreciation continues to flatten flatten - To remove structural information, especially to filter something with an implicit tree structure into a simple sequence of leaves; also tends to imply mapping to flat ASCII. "This code flattens an expression with parentheses into an equivalent canonical form." , lenders are becoming more conservative about making hybrid hybrid (hī`brĭd), term applied by plant and animal breeders to the offspring of a cross between two different subspecies or species, and by geneticists to the offspring of parents differing in any genetic characteristic (see genetics).  loans-such as interest-only mortgages--that a majority of homebuyers have turned to in recent years.

Higher interest rates and more conservative lending could combine to put a crimp crimp

a regular wave formation of small dimensions, e.g. the crimp of wool fibers epitomized in the Merino breed and its derivatives.


crimp marks
marks made by wrinkling the x-ray film while holding it between the fingers.
 on L.A. County home sales. "We don't don't  

1. Contraction of do not.

2. Nonstandard Contraction of does not.

n.
A statement of what should not be done: a list of the dos and don'ts.
 think we'll see a real sharp fall," said Appleton-Young, "but this could be only the beginning of an extended trend."

Mitch The name Mitch can mean:
  • A nickname for the name Mitchell, descending from the name Michael meaning "Who is like God"
  • Hurricane Mitch.
  • Mitch, a character in A Streetcar Named Desire.
  • Mitch, a character played by Luke Wilson in Old School (film).
 Ohlbaum. president of L.A.-based Legend legend

Traditional story or group of stories told about a particular person or place. Formerly the term referred to a tale about a saint. Legends resemble folktales in content; they may include supernatural beings, elements of mythology, or explanations of natural phenomena,
 Mortgage Corp, agreed, saying the shifts in the market will be subtle, but are having an impact on the market that could continue for the remainder of the quarter.

Ohlbaum said escrow agents escrow agent n. a person or entity holding documents and funds in a transfer of real property, acting for both parties pursuant to instructions. Typically the agent is a person (commonly an attorney), escrow company or title company, depending on local practice. (See: escrow)  are privately telling him that business is slowing, meaning a lower number of transactions could be looming looming: see mirage.  over the next two months.

"We're at the beginning of what appears to be a trend," he said. "We're seeing less purchase business and more people trying to refinance Refinance

1. When a business or person revises their payment schedule for repaying debt.

2. Replacing an older loan with a new loan offering better terms.

Notes:
When a business refinances they typically extend the maturity date.
 adjustable rate mortgages This article is about the US mortgage type. For an international perspective, see Variable rate mortgage.

An adjustable rate mortgage (ARM) is a mortgage loan where the interest rate on the note is periodically adjusted based on an index.
 before they run out of time."

Ohlbaum said his borrowers are in a completely different mindset mind·set or mind-set
n.
1. A fixed mental attitude or disposition that predetermines a person's responses to and interpretations of situations.

2. An inclination or a habit.
 than those borrowers from even six months ago. He said buyers on the market now are pushing prices down; not over-bidding.

"People now ask themselves how much under the asking they are going to bid. They no longer ask themselves how much over they'll they'll  

Contraction of they will.

they'll will
 have to pay," he said.
Market Highlights

MOST EXPENSIVE
                               1/06     1/06
                        ZIP    Home    Median
Community              Code    Sales   Price    Change

Santa Monica           90402       6   $2,185    60.7%
L.A./Windsor Square    90020       4    2,074    14.6%
Beverly Hills          90210      10    2,038    14.8%
Malibu                 90265      10    2,024    50.1%
L.A./Westwood          90024       7    1,750    84.2%
L.A./Brentwood         90049      12    1,712    29.4%
Pacific Palisades      90272      17    1,700    32.0%
L.A./Bel-Air           90077       5    1,690   -11.1%
Playa del Rey          90293       4    1,382    58.1%
Palos Verdes Estates   90274      26    1,344    12.0%

INCREASED ACTIVITY
                               1/06
                        ZIP    Home    Percent  Median   Change
Community              Code    Sales   Change   Price

Sierra Madre           91024      12   500.0%     $821    24.0%
Ingleood               90305      18   260.0%      520    30.0%
City of Commerce       90040       7   250.0%      455    21.3%
Pacific Palisades      90272      17   183.3%    1,700    32.0%
South Pasadena         91030      16   166.7%    1,102    78.3%
L.AJKoreatown          90005       5   150.0%    1,179   -27.0%
LABaldwin Hills        90056      10   150.0%      960    23.9%
Huntington Park        90255      50   138.1%      481    41.5%
Carson                 90746      27   125.0%      505    23.2%
Santa Clarita          91350      55   120.0%      485     7.8%

Note: ZIP codes with significant sales included

PRICE GAINS

                               1/06     1/06     1/05
                        ZIP    Home    Median   Median
Community              Code    Sales   Price    Price    Change

L.A./Hollywood         90028       4    $812      $312   160.3%
Long Beach             90802       7    1,275      590   116.1%
L.A./Westwood          90024       7    1,750      950    84.2%
South Pasadena         91030      16    1,102      618    78.3%
Santa Monica           90402       6    2,185    1,360    60.7%
L.A./City College      90029      13      723      453    59.6%
Playa del Rey          90293       4    1,382      874    58.1%
L.A./Baldwin Hills     90008      17      700      455    53.8%
San Pedro              90732      14      708      462    53.2%
LB--Belmont Shore      90803      16    1,264      840    50.5%

PRICE LOSSES

                               1/06     1/06     1/05
                        ZIP    Home    Median   Median
Community              Code    Sales   Price    Price    Change

L.A./Koreatown         90005       5   $1,179   $1,615   -27.0%
L.A./South L.A.        90248       6      312      422   -26.1%
Calabasas              91302      30    1,097    1,348   -18.6%
L.A./Bel-Air           90077       5    1,690    1,900   -11.1%
L.A./West L.A.         90025       5      800      891   -10.2%
Glendale               91202      10      705      765    -7.8%
Tarzana                91356      17      773      820    -5.7%
Westlake Village       91361      29      875      900    -2.8%
Hermosa Beach          90254      21    1,125    1,155    -2.6%
L.A./Mid-Wilshire      90036      14    1,165    1,195    -2.5%

Source: HomeData Corp., www.homedata.com

January 2006 Existing Home Sales in L.A. County

                                     Jan. Median Price

                           ZIP           (thousands)   Percent
Community                  Code       2006      2005   Change

Los Angeles County                    $519      $443     17.2%

Acton                      93510       725       592     22.5%
Agoura Hills               91301       700       598     17.1%
Alhambra                   91801       600       472     27.1%
Alhambra                   91803       582       460     26.5%
Altadena                   91001       610       550     10.9%
Arcadia                    91006       768       630     21.9%
Arcadia                    91007       765       720      6.3%
Artesia                    90701       463       427      8.4%
Azusa                      91702       436       344     26.7%
Baldwin Park               91706       419       350     19.7%
Bell/Bell Gardens          90201       499       385     29.6%
Bellflower                 90706       530       435     21.8%
Beverly Hills              90210     2,038     1,775     14.8%
Beverly Hills              90211     1,050     1,615    -35.0%
Beverly Hills              90212       734     1,600    -54.1%
Burbank                    91501       828       640     29.4%
Burbank                    91502       728     1,318    -44.8%
Burbank                    91504       690       582     18.6%
Burbank                    91505       612       528     15.9%
Burbank                    91506       648       527     23.0%
Calabasas                  91302     1,097     1,348    -18.6%
Canoga Park                91303       555       428     29.7%
Canoga Park                91304       619       487     27.1%
Canyon Country             91351       493       414     19.1%
Canyon Country             91387       607       568      6.9%
Carson                     90745       465       429      8.4%
Carson                     90746      $505      $410     23.2%
Castaic                    91384       616       538     14.5%
Cerritos                   90703       599       595      0.7%
Chatsworth                 91311       624       556     12.2%
City of Commerce           90040       455       375     21.3%
Claremont                  91711       550       462     19.0%
Compton                    90220       377       284     32.7%
Compton                    90221       385       300     28.3%
Compton                    90222       348       280     24.3%
Covina                     91722       447       366     22.1%
Covina                     91723       490       428     14.5%
Covina                     91724       526       485      8.5%
Culver City                90230       556       525      5.9%
Culver City                90232       740       525     41.0%
Diamond Bar                91765       556       522      6.5%
Downey                     90240       650       549     18.4%
Downey                     90241       623       514     21.2%
Downey                     90242       550       452     21.7%
Duarte--Bradbury           91010       450       378     19.0%
El Monte                   91731       439       390     12.6%
El Monte                   91732       470       412     14.1%
El Monte--South El Monte   91733       480       395     21.5%
EL Segundo                 90245       800       710     12.7%
Encino                     91316       670       519     29.1%
Encino                     91436     1,282       955     34.2%
Gardena                    90247       548       413     32.7%
Gardena                    90249       555       429     29.4%
Glendale                   91201      $654      $661     -1.1%
Glendale                   91202       705       765     -7.8%
Glendale                   91203       750       538     39.4%
Glendale                   91204       670       630      6.3%
Glendale                   91205       640       595      7.6%
Glendale                   91206       720       695      3.6%
Glendale                   91207       995       765     30.1%
Glendale                   91208       808       658     22.8%
Glendale--La Crescenta     91214       724       560     29.3%
Glendora                   91740       475       395     20.3%
Glendora                   91741       640       560     14.3%
Granada Hills              91344       570       514     10.9%
Hacienda Heights           91745       526       456     15.4%
Harbor City                90710       600       542     10.7%
Hawaiian Gardens           90716       440       365     20.5%
Hawthorne                  90250       559       435     28.5%
Hermosa Beach              90254     1,125     1,155     -2.6%
Huntington Park            90255       481       340     41.5%
Inglewood                  90301       454       389     16.7%
Inglewood                  90302       550       410     34.1%
Inglewood                  90303       540       408     32.4%
Inglewood                  90305       520       400     30.0%
L.A.                       90011       448       329     36.2%
L.A.                       90062       451       350     28.9%
L.A./Baldwin Hills         90008       700       455     53.8%
L.A./Baldwin Hills         90056       960       775     23.9%
L.A./Bel-Air               90077     1,690     1,900      1.1%
L.A./Brentwood             90049     1,712     1,323     29.4%
L.A./Brooklyn Heights      90033       415       362     14.6%
L.A./Bunker Hill           90071       585       N/A       N/A
L.A./Central City West     90017     1,050       N/A       N/A
L.A./Chesterfield Square   90047       425       359     18.4%
L.A./City College          90029       723       453     59.6%
L.A./City Terrace          90063       411       288    427.0%
L.A./Civic Center          90012        88       578    -84.8%
L.A./Crenshaw District     90016       575       406     41.6%
L.A./Eagle Rock            90041       595       457     30.2%
L.A./East L.A.             90022       425       350     21.4%
L.A./East L.A.             90023       430       350     22.9%
L.A./Echo Park             90026       680       550     23.6%
L.A./El Sereno             90032       440       352     25.0%
L.A./Expositon Park        90037       469       372     26.1%
L.A./Hancock Park          90004       887       740     19.9%
L.A./Highland Park         90042       535       430     24.4%
L.A./Hollywood             90028       812       312    160.3%
L.A./Hollywood Hills       90068     1,172       965     21.5%
L.A./Koreatown             90005     1,179     1,615    -27.0%
L.A./Koreatown             90006       640       580     10.3%
L.A./Laurel Canyon         90046       991       830     19.4%
L.A./Lincoln Heights       90031       547       364     50.3%
L.A./Los Feliz             90027       790       770      2.6%
L.A./MarVista              90066       792       715     10.8%
L.A./Mid-City              90019       820       655     25.2%
L.A./Mid-Wilshire          90036     1,165     1,195     -2.5%
L.A./Mt. Washington        90065       550       498     10.4%
L.A./Palms                 90034       787       745      5.6%
L.A./Rancho Park           90064       856       751     14.0%
L.A./Silver Lake           90039       647       522     23.9%
L.A./South Figueroa        90007       700       485     44.3%
L.A./South L.A.            90001       435       331     31.4%
L.A./South L.A.            90003       430       328     31.1%
L.A./South L.A.            90044       450       300     50.0%
L.A./South L.A.            90061       396       300     32.0%
L.A./South L.A.            90248       312       422    -26.1%
L.A./South Park            90015       600       942    -36.3%
L.A./South Robertson       90035     1,081       838     29.0%
L.A./Watts                 90002       365       271     34.7%
L.A./West Adams            90018       548       420    305.0%
L.A./West Hollywood        90038       850       570     49.1%
L.A./West Hollywood        90048     1,242       850     46.1%
L.A./West Hollywood        90069       940       900      4.4%
L.A./West L.A.             90025       800       891    -10.2%
L.A./Westchester           90045       800       675     18.5%
L.A./Westlake              90057    1;490        550    170.9%
L.A./Westwood              90024     1,750       950     84.2%
L.A./Willowbrook           90059       400       277     44.4%
L.A./Windsor Hills         90043       505       375     34.7%
L.A./Windsor Square        90020     2,074     1,810     14.6%
La Canada Flintridge       91011     1,313       992     32.4%
La Habra                   90631       562       475     18.3%
La Mirada                  90638       573       470     21.9%
La Puente                  91744       449       352     27.6%
La Puente                  91746       454       363     25.1%
La Verne                   91750       582       447     30.2%
Lake Hughes                93532       350       289     21.1%
Lakewood                   90712       524       441     18.8%
Lakewood                   90713       539       440     22.5%
Lakewood                   90715       506       445     13.7%
Lancaster                  93534       290       230     26.1%
Lancaster                  93535       305       240     27.1%
Lancaster                  93536       390       280     39.3%
Lawndale                   90260       572       470     21.7%
Lennox                     90304       515       372     38.4%
Littlerock                 93543       360       261     37.9%
Llano                      93544       200       215     -7.0%
Lomita                     90717       608       536     13.4%
Long Beach                 90802     1,275       590    116.1%
Long Beach                 90804       604       500     20.8%
Long Beach                 90805       450       360     25.0%
Long Beach                 90806       539       420     28.3%
Long Beach                 90807       635       565     12.4%
Long Beach                 90808       586       493     18.9%
Long Beach                 90810       410       385      6.5%
Long Beach                 90813       489       440     11.1%
Long Beach                 90814       748       765     -2.2%
Long Beach                 90815       624       505     23.6%
LB--Belmont Shore          90803     1,264       840     50.5%
Lynwood                    90262       420       349     20.3%
Malibu                     90265    $2,024    $1,348     50.1%
Manhattan Beach            90266     1,300     1,300      0.0%
Marina del Rey             90292     1,250     1,820    -31.3%
Maywood                    90270       448       400     12.0%
Mission Hills              91345       520       439     18.5%
Monrovia                   91016       570       520      9.6%
Montebello                 90640       522       400     30.5%
Monterey Park              91754       532       490      8.6%
Monterey Park              91755       525       439     19.6%
Montrose                   91020       708       535     32.3%
Newhall                    91321       520       348     49.4%
North Hills                91343       570       499     14.2%
North Hollywood            91601       610       471     29.5%
North Hollywood            91602       875       735     19.0%
North Hollywood            91605       531       460     15.4%
North Hollywood            91606       600       420     42.9%
Northridge                 91324       634       500     26.8%
Northridge                 91325       625       640     -2.3%
Northridge                 91326       784       615     27.5%
Norwalk                    90650       475       375     26.7%
Pacific Palisades          90272     1,700     1,288     32.0%
Pacoima                    91331       487       388     25.5%
Palmdale                   93550       328       257     27.6%
Palmdale                   93551       425       374     13.6%
Palmdale                   93552       364       270     34.8%
Palmdale                   93591       268       182     47.3%
Palos Verdes Estates       90274     1,344     1,200     12.0%
Panorama City              91402       550       406     35.5%
Paramount                  90723       470       385     22.1%
Pasadena                   91101       636       470     35.3%
Pasadena                   91103       540       468     15.4%
Pasadena                   91104       622       559     11.3%
Pasadena                   91105     1,074       840     27.9%
Pasadena                   91106       775       690     12.3%
Pasadena                   91107       729       610     19.5%
Phillips Ranch             91766       400       304     31.6%
Pico Rivera                90660       460       378     21.7%
Playa del Rey              90293     1,382       874     58.1%
Pomona                     91767       422       345     22.3%
Pomona                     91768       404       325     24.3%
Rancho Palos Verdes        90275     1,145       839     36.5%
Redondo Beach              90277     1,010       869    162.0%
Redondo Beach              90278       812       685     18.5%
Reseda                     91335       538       427     26.0%
Rosemead                   91770       481       428     12.4%
Rowland Heights            91748       585       460     27.2%
San Dimas                  91773       525       490      7.1%
San Fernando               91340       500       395     26.6%
San Gabriel                91775       695       524     32.6%
San Gabriel                91776       530       450     17.8%
San Marino                 91108     1,001       970      3.2%
San Pedro                  90731       541       479     12.9%
San Pedro                  90732       708       462     53.2%
Santa Clarita              91350       485       450     78.0%
Santa Clarita              91390       740       612     20.9%
Santa Fe Springs           90670       482       430     12.1%
Santa Monica               90402     2,185     1,360     60.7%
Santa Monica               90403       430     1,789    -76.0%
Santa Monica               90404     1,100       756     45.5%
Santa Monica               90405     1,148       880     30.5%
Sherman Oaks               91403       875       826      5.9%
Sherman Oaks               91423       825       630     31.0%
Sierra Madre               91024       821       662     24.0%
Signal Hill                90755       630       512     23.0%
South Gate                 90280       450       344     30.8%
South Pasadena             91030-   1;102        618     78.3%
Stevenson Ranch            91381       819       604     35.6%
Studio City                91604     1,030       768     34.1%
Sun Valley                 91352       526       390     34.9%
Sunland                    91040       551       435     26.7%
Sylmar                     91342       538       428     25.7%
Tarzana                    91356       773       820     -5.7%
Temple City                91780       680       489     39.1%
Topanga                    90290       838       752     11.4%
Torrance                   90501       623       482     29.3%
Torrance                   90502       546       442     23.5%
Torrance                   90503       790       650     21.5%
Torrance                   90504       630       523     20.5%
Torrance                   90505       850       685     24.1%
Tujunga                    91042       475       485     -2.1%
Valencia                   91354       585       420     39.3%
Valencia                   91355       622       564     10.3%
Valley Village             91607       769       641     20.0%
Van Nuys                   91401       667       545     22.4%
Van Nuys                   91405       528       430     22.8%
Van Nuys                   91406       548       436     25.7%
Van Nuys                   91411       600       525     14.3%
Venice                     90291       929       817     13.7%
Vernon                     90058       308       290      6.2%
Walnut                     91789       650       534     21.7%
West Covina                91790       502       410     22.4%
West Covina                91791       518       492      5.3%
West Covina                91792       510       400     27.5%
West Hills                 91307       610       532     14.7%
Westlake Village           91361       875       900     -2.8%
Westlake Village           91362       756       543     39.2%
Whittier                   90601       578       460     25.7%
Whittler                   90602       620       480     29.2%
Whittler                   90603       567       450     26.0%
Whittler                   90604       498       445     11.9%
Whittier                   90605       480       430     11.6%
Whittler                   90606       477       400     19.3%
Wilmington                 90744       470       364     29.1%
Winnetka                   91306       538       435     23.7%
Woodland Hills             91364       817       670     21.9%
Woodland Hills             91367       900       620     45.2%

                            Jan. Home Sales  Percent
Community                    2006     2005   Change

Los Angeles County          7,277    6,600     10.3%

Acton                           5       12    -58.3%
Agoura Hills                   31       16     93.8%
Alhambra                       14       22    -36.4%
Alhambra                       13       15    -13.3%
Altadena                       36       33      9.1%
Arcadia                        29       26     11.5%
Arcadia                        14       14      0.0%
Artesia                         6       12    -50.0%
Azusa                          40       31     29.0%
Baldwin Park                   82       45     82.2%
Bell/Bell Gardens              23       37    -37.8%
Bellflower                     39       45    -13.3%
Beverly Hills                  10       17    -41.2%
Beverly Hills                   3        3      0.0%
Beverly Hills                   1        5    -80.0%
Burbank                        15       12     25.0%
Burbank                         1        2    -50.0%
Burbank                        15       18    -16.7%
Burbank                        26       28     -7.1%
Burbank                        14       16    -12.5%
Calabasas                      30       24     25.0%
Canoga Park                    15        9     66.7%
Canoga Park                    37       26     42.3%
Canyon Country                 33       24     37.5%
Canyon Country                 48       37     29.7%
Carson                         47       27     74.1%
Carson                         27       12    125.0%
Castaic                        24       30    -20.0%
Cerritos                       55       33     66.7%
Chatsworth                     28       31     -9.7%
City of Commerce                7        2    250.0%
Claremont                      30       70    -57.1%
Compton                        69       38     81.6%
Compton                        57       40     42.5%
Compton                        34       25     36.0%
Covina                         32       20     60.0%
Covina                          9       14    -35.7%
Covina                         18       11     63.6%
Culver City                    16       19    -15.8%
Culver City                     9        7     28.6%
Diamond Bar                    30       42    -28.6%
Downey                         29       26     11.5%
Downey                         38       22     72.7%
Downey                         39       34     14.7%
Duarte--Bradbury               11       21    -47.6%
El Monte                       13       13      0.0%
El Monte                       34       41    -17.1%
El Monte--South El Monte       22       21      4.8%
EL Segundo                     14       12     16.7%
Encino                         19       20     -5.0%
Encino                         12       19    -36.8%
Gardena                        32       25     28.0%
Gardena                        17       23    -26.1%
Glendale                       12       10     20.0%
Glendale                       10       11     -9.1%
Glendale                        5        4     25.0%
Glendale                        3        2     50.0%
Glendale                       15        7    114.3%
Glendale                       15       19    -21.1%
Glendale                        5        8    -37.5%
Glendale                       12       14    -14.3%
Glendale--La Crescenta         24       35    -31.4%
Glendora                       13       19   -316.0%
Glendora                       17       14     21.4%
Granada Hills                  55       63    -12.7%
Hacienda Heights               44       54    -18.5%
Harbor City                    14       16    -12.5%
Hawaiian Gardens                7        9    -22.2%
Hawthorne                      51       43     18.6%
Hermosa Beach                  21       18     16.7%
Huntington Park                50       21    138.1%
Inglewood                      12       11      9.1%
Inglewood                      25       17     47.1%
Inglewood                      10       16    -37.5%
Inglewood                      18        5    260.0%
L.A.                           82       55     49.1%
L.A.                           29       23     26.1%
L.A./Baldwin Hills             17       11     54.5%
L.A./Baldwin Hills             10        4    150.0%
L.A./Bel-Air                    5        7    -28.6%
L.A./Brentwood                 12       14    -14.3%
L.A./Brooklyn Heights          18       18      0.0%
L.A./Bunker Hill                1        0       N/A
L.A./Central City West          2        0       N/A
L.A./Chesterfield Square       57       45     26.7%
L.A./City College              13        8     62.5%
L.A./City Terrace              29       19     52.6%
L.A./Civic Center               1        4    -75.0%
L.A./Crenshaw District         34       30     13.3%
L.A./Eagle Rock                29       14    107.1%
L.A./East L.A.                 25       31    -19.4%
L.A./East L.A.                 21       15     40.0%
L.A./Echo Park                 31       39    -20.5%
L.A./El Sereno                 29       20     45.0%
L.A./Expositon Park            33       38    -13.2%
L.A./Hancock Park              32       19     68.4%
L.A./Highland Park             50       32     56.3%
L.A./Hollywood                  4        4      0.0%
L.A./Hollywood Hills           26       17     52.9%
L.A./Koreatown                  5        2    150.0%
L.A./Koreatown                 11       17    -35.3%
L.A./Laurel Canyon             23       25     -8.0%
L.A./Lincoln Heights           16       18    -11.1%
L.A./Los Feliz                 11       23    -52.2%
L.A./MarVista                  22       29    -24.1%
L.A./Mid-City                  45       33     36.4%
L.A./Mid-Wilshire              14       15     -6.7%
L.A./Mt. Washington            36       32     12.5%
L.A./Palms                     14       22    -36.4%
L.A./Rancho Park               14       23    -39.1%
L.A./Silver Lake               28       26      7.7%
L.A./South Figueroa            17        9     88.9%
L.A./South L.A.                37       24     54.2%
L.A./South L.A.                82       56     46.4%
L.A./South L.A.                82       58     41.4%
L.A./South L.A.                38       25     52.0%
L.A./South L.A.                 6       10     41.4%
L.A./South Park                 3        4    -25.0%
L.A./South Robertson           12       18    -33.3%
L.A./Watts                     72       41     75.6%
L.A./West Adams                36       29     24.1%
L.A./West Hollywood             5       10    -50.0%
L.A./West Hollywood             6       15     60.0%
L.A./West Hollywood             5        7    -28.6%
L.A./West L.A.                  5        9    -44.4%
L.A./Westchester               24       24      0.0%
L.A./Westlake                   2        6    -66.7%
L.A./Westwood                   7        7      0.0%
L.A./Willowbrook               54       23     92.9%
L.A./Windsor Hills             41       40      2.5%
L.A./Windsor Square             4        4      0.0%
La Canada Flintridge           10       20    -50.0%
La Habra                       48       49     -2.0%
La Mirada                      37       55    -32.7%
La Puente                      63       44     43.2%
La Puente                      15       17    -11.8%
La Verne                       22       27    -18.5%
Lake Hughes                     1        1      0.0%
Lakewood                       28       26      7.7%
Lakewood                       33       34     -2.9%
Lakewood                       16       15      6.7%
Lancaster                      94       57     64.9%
Lancaster                     152      103     47.6%
Lancaster                     148       84     76.2%
Lawndale                       26       29    -10.3%
Lennox                         17        8    112.5%
Littlerock                     29       20     45.0%
Llano                           1        1      0.0%
Lomita                         12       13     -7.7%
Long Beach                      7       12    -41.7%
Long Beach                     26       30    -13.3%
Long Beach                     81       71     14.1%
Long Beach                     29       29      0.0%
Long Beach                     24       18     33.3%
Long Beach                     33       43    -23.3%
Long Beach                     28       18     55.6%
Long Beach                     27       34    -20.6%
Long Beach                     14        7    100.0%
Long Beach                     43       32     34.4%
LB--Belmont Shore              16       28    -42.9%
Lynwood                        39       42     -7.1%
Malibu                         10       16    -37.5%
Manhattan Beach                31       25     24.0%
Marina del Rey                  3        6    -50.0%
Maywood                        10        7     42.9%
Mission Hills                  17       15     13.3%
Monrovia                       34       48    -29.2%
Montebello                     32       18     77.8%
Monterey Park                  22       18     22.2%
Monterey Park                   7       16    -56.3%
Montrose                        4        7    -42.9%
Newhall                        20       18     11.1%
North Hills                    43       43      0.0%
North Hollywood                28       22     27.3%
North Hollywood                 7       19    -63.2%
North Hollywood                40       31     29.0%
North Hollywood                31       25     24.0%
Northridge                     20       21     -4.8%
Northridge                     19       27    -29.6%
Northridge                     42       33     27.3%
Norwalk                        97       86     12.8%
Pacific Palisades              17        6    183.3%
Pacoima                        58       79    -26.6%
Palmdale                      179      111     61.3%
Palmdale                      133       96     38.5%
Palmdale                      101       57     77.2%
Palmdale                       16       14     14.3%
Palos Verdes Estates           26       29    -10.3%
Panorama City                  32       32      0.0%
Paramount                      23       28    -17.9%
Pasadena                        4        2    100.0%
Pasadena                       22       11    100.0%
Pasadena                       19       31    -38.7%
Pasadena                        8       13    -38.5%
Pasadena                       20       10    100.0%
Pasadena                       21       26    -19.2%
Phillips Ranch                 63      -48     31.3%
Pico Rivera                    39       38      2.6%
Playa del Rey                   4        6    -33.3%
Pomona                         58       46     26.1%
Pomona                         34       39    -12.8%
Rancho Palos Verdes            24       23      4.3%
Redondo Beach                  14       13      7.7%
Redondo Beach                  14       23    -39.1%
Reseda                         66       48     37.5%
Rosemead                       32       42    -23.8%
Rowland Heights                33       33      0.0%
San Dimas                      29       23     26.1%
San Fernando                   25       22     13.6%
San Gabriel                    18       24    -25.0%
San Gabriel                    23       17     35.3%
San Marino                      9       11    -18.2%
San Pedro                      30       31     -3.2%
San Pedro                      14       16    -12.5%
Santa Clarita                  55       25    120.0%
Santa Clarita                  19       20     -5.0%
Santa Fe Springs               11       13    -15.4%
Santa Monica                    6        8    -25.0%
Santa Monica                    2        1    100.0%
Santa Monica                    3        8    -62.5%
Santa Monica                    8       12    -33.3%
Sherman Oaks                   27       18     50.0%
Sherman Oaks                   12       17    -29.4%
Sierra Madre                   12        2    500.0%
Signal Hill                    13        6    116.7%
South Gate                     76       44     72.7%
South Pasadena                 16        6    166.7%
Stevenson Ranch                30       39    -23.1%
Studio City                    18       22    -18.2%
Sun Valley                     28       35    -20.0%
Sunland                        26       26      0.0%
Sylmar                         83       53     56.6%
Tarzana                        17       18     -5.6%
Temple City                    17       35    -51.4%
Topanga                         4        7    -42.9%
Torrance                       31       16     93.8%
Torrance                       11        8     37.5%
Torrance                       13       15    -13.3%
Torrance                       12       15    -20.0%
Torrance                       23       15     53.3%
Tujunga                        35       33      6.1%
Valencia                       44      157    -72.0%
Valencia                       24       22    910.0%
Valley Village                 17       14     21.4%
Van Nuys                       26       21     23.8%
Van Nuys                       23       29    -20.7%
Van Nuys                       68       42     61.9%
Van Nuys                       11       11      0.0%
Venice                         13       19    -31.6%
Vernon                          2        2      0.0%
Walnut                         35       33      6.1%
West Covina                    28       23     21.7%
West Covina                    16       22    -27.3%
West Covina                    27       25      8.0%
West Hills                     20       30    -33.3%
Westlake Village               29       25     16.0%
Westlake Village               38       31     22.6%
Whittier                       25       28    -10.7%
Whittler                       15       11     36.4%
Whittler                       19       19      0.0%
Whittler                       22       27    -18.5%
Whittier                       31       22     40.9%
Whittler                       28       20     40.0%
Wilmington                     29       20     45.0%
Winnetka                       24       28    -14.3%
Woodland Hills                 34       45    -24.4%
Woodland Hills                 20       39    -48.7%

Median home prices based on data provided by HomeData Corp.,
www.home.data.com
COPYRIGHT 2006 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Housing price slide tied to mortgage hikes and fickle buyers.
Author:Fixmer, Andy
Publication:Los Angeles Business Journal
Geographic Code:1U9CA
Date:Feb 13, 2006
Words:5066
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