14 percent drop in home sales

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Home sales in the San Fernando Valley fell 14 percent in September from a year earlier, although prices inched up slightly and foreclosure activity eased, a research center said Tuesday.Gregory J Wilcox in the Daily News,

A total of 1,289 homes were sold last month in the area stretching from Glendale to Calabasas, compared with 1,493 a year earlier and 1,318 in August.

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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.

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