A total of 12,455 new and resale houses and condos were sold in September in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties, according to DataQuick Information Systems.
It was the slowest month since the firm began keeping records in 1988, DataQuick said.
Tuesday, October 16, 2007
Countrywide Continues the Slow Bleed.
Countrywide takes a writeoff of $125-$150 Million in their re-structuring where they are laying off 20% of their workforce. Meanwhile Southern California home sales have dropped to their lowest since Dataquick began tracking home sale records in 1998.
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