ABOUT BIZ WAVES

Biz Waves is a one-stop Web hub for business news and content from the South Bay region of Los Angeles County and beyond.

The primary contributor is:

Muhammed El-Hasan, a business reporter at the Daily Breeze since 2000, covers aerospace and everything else about business in the South Bay. Muhammed previously reported at the San Bernardino Sun and the community news division of The Orange County Register. He also worked as a researcher in the Jerusalem bureau of the Los Angeles Times in 1996-97. But his career highlight as a young man was driving a forklift at a Gardena company near Hawthorne, where he grew up.

You can email Muhammed at dailybreeze.com


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Home Prices Plunge Across California

(AP) -- Housing data show median home prices plunged in February across many of California's most populous counties, with Southern California leading the slide with an average drop of 17.9 percent, year over year.

DataQuick Information Systems says median home prices in February fell from a year ago in 15 major California counties.

That drove down the median price in Southern California to $408,000. In the San Francisco region, prices fell 11.6 percent to $548,000.

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