South Bay Home Sales Fall, Prices Dip

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Today's real estate story:

By Muhammed El-Hasan, Staff Writer

March sales of homes in much of the South Bay was less than half of what it was a year ago, a sign of the continued weakness in the real estate market, according to a new report.

Last month, 149 single-family homes sold - a drop of 52 percent - and 84 condominium and town homes changed hands, representing a fall of 64 percent, according to the report released Friday by the South Bay Association of Realtors.

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This page contains a single entry by Muhammed El-Hasan published on April 19, 2008 5:14 PM.

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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 muhammad.el-hasan@dailybreeze.com

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