UE continues resurgence, beats UP

first_imgMark Maloles and Alvin Pasaol exchanged back-to-back triples in a span of 18 seconds to give UE a 68-58 with 2:49 remaining in the fourth quarter.Pasaol then delivered the dagger, converting a three-point play for a 71-62 lead with 1:33 left.FEATURED STORIESSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’SPORTSFederer blasts lack of communication on Australian Open smogUE head coach Derrick Pumaren is aware of their position in the Final Four race and he used their first win in the UAAP as their starting point and motivation in getting to the semifinals.“Until there’s a fourth team that makes it then we still have a shot at it,” said Pumaren of their Final Four shot. “We just have to stay positive in the things that are going on. We just have to play as a team and keep playing as one unit.” Don’t miss out on the latest news and information. LATEST STORIES It’s too early to present Duterte’s ‘legacy’ – Lacson View comments NU back on track, dumps winless UST Coco’s house rules on ‘Probinsyano’ set OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson Photo by Tristan Tamayo/INQUIRER.netUniversity of the East strengthened its bid for a Final Four spot after humbling University of the Philippines, 73-64, in the UAAP Season 80 men’s basketball tournament Sunday at Filoil Flying V Centre.The Red Warriors won their third game in four outings to improve to 3-7 and them on track of getting the fourth spot in the league while the Fighting Maroons slipped to a 4-6 record.ADVERTISEMENT Pasaol showed his might with 32 points and 13 rebounds to lead UE while Mark Olayon narrowly missed out on a triple-double finishing with 11 points, 10 rebounds, and eight assists.Rookie Juan Gomez de Liaño had 22 points and eight rebounds to lead UP while older brother Javi finished with 17 points and 11 boards. For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity.center_img Coco’s house rules on ‘Probinsyano’ set Jake says relationship with Shaina ‘goes beyond physical attraction’ Kiss-and-tell matinee idol’s conquests: True stories or tall tales? Jo Koy: My brain always wants to think funny UAAP Season 80 Preview: UE Red Warriors PLAY LIST 02:56UAAP Season 80 Preview: UE Red Warriors05:05SEA Games 2019: Rubilen Amit finally beats Chezka Centeno for 9-ball gold (HIGHLIGHTS)02:57UAAP SEASON 80 PREVIEW: UP Fighting Maroons02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Margot Robbie talks about filming ‘Bombshell’s’ disturbing sexual harassment scene Jake says relationship with Shaina ‘goes beyond physical attraction’ MOST READ Sports Related Videospowered by AdSparcRead Nextlast_img read more

Valley home sales slow to another record low

first_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREPettersson scores another winner, Canucks beat KingsSales have now fallen from their year-ago level for a record 25 consecutive months dating back to September 2005. The prior mark was a 23-month decline from April 1989 to March of 1991. The association’s records begin in 1984. “We’ve been through downturns before and this one, too, eventually will turn around,” Jim Link, the association’s executive vice president, said in a statement. Condominium sales in the Valley fell 48.6 percent in October to 128 transactions and the median price declined an annual 7.3 percent to $380,000. In the Santa Clarita Valley, home sales fell an annual 42.3 percent to 116 properties and the median price slipped 3.5 percent to $555,000. Condominium sales here fell 52.3 percent and the median price fell 16.2 percent from a year ago to $310,000. Home sales in the San Fernando Valley hit a record low for the second consecutive month in October, plunging 54 percent from a year ago as mortgage industry turmoil continued to roil the market, a trade association said Wednesday. Last month 354 previously owned houses changed owners, 417 fewer than sold last October and down eight sales from the previous record low of 362 in September, said the Van Nuys-based Southland Regional Association of Realtors. The third lowest total is 391 sales in February 1991, the association said. October’s median price slipped an annual 3.3 percent, or $20,000, to $590,000 and was off $33,700, or 5.4 percent, from September, the association said. From Toluca Lake to Calabasas, Valley home sales took a bigger hit last month than both Los Angeles County and the state. Sales in the county fell 42 percent last month and the median price, the point at which half the units cost more and half less, declined 8.6 percent to $533,070, according to the California Association of Realtors. In Ventura County, the median price slipped an annual 3.1 percent to $650,570 and sales plunged 52.6 percent. Statewide sales fell 40.2 percent and the median price fell 9.9 percent to $497,110. In the High Desert, which includes the Antelope Valley, sales plunged 60 percent and the median price fell 19 percent to $265,880. Jack Kyser, vice president and chief economist at the Los Angeles County Economic Development Corp., said that the sales numbers are looking like they did in the early 1990s, the last time the market made such a big turndown. “I think people quickly forget how bleak it was in the early ’90s, but this is going to be a rough period,” he said of the months ahead. Kyser noted that some analysts are not looking for recovery until 2010 in many areas, though some markets will recover sooner. At the end of last month there were 7,730 properties listed for sale in the San Fernando Valley, a 16-month supply, slightly more than three times the stockpile of a year ago. This represents how long it would take to deplete the inventory at the current sales pace. The record high is 23 months in February and the record low was one month in March 2004. Association president Winnie Davis said that the market malaise is not surprising given all the bad news in recent months. She said that the economy is still sound and interest rates remain attractive, but buyers still seem to be betting on big sales price reductions. “Waiting may not mean they will get a better deal down the road,” she said. greg.wilcox@dailynews.com 818-713-3743160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more