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Palmdale, CA

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley March 13, 2012

Richard & Janet OBrian - Short Sales Specialist Palmdale: Real Estate Agent in Palmdale, CA
Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley March 13, 2012
Inventory continues to drop, open escrows are on track and closings are down almost 30% from March 2011. Over the past few years the real estate market in the Antelope Valley has been ahead of the pack due to its relative small size. We were hit with foreclosures in 2007 and 2008, and then short sales took over in 2009 and have been holding around 40% of the market. This current lows down in available inventory is out of the ordinary as we are moving into historical lows…

Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale
Monthend Numbers
Feb Jan '12 Dec Nov Oct Sep Aug July June May Apr Mar Feb
Listed 561 601 599 732 797 813 679 631 646 620 561 690 443
Pending 495 581 522 572 568 585 542 468 502 518 487 504 414
Sold 308 416 476 467 557 545 413 369 392 374 384 389 299
% CHG Month over Month
Listed -7.1% 0.3% -22.2% -8.9% -2.0% 16.5% 7.1% -2.4% 4.0% 9.5% -23.0% 35.8%
Pending -17.4% 10.2% -9.6% 0.7% -3.0% 7.4% 13.7% -7.3% -3.2% 6.0% -3.5% 17.9%
Sold -35.1% -14.4% 1.9% -19.3% 2.2% 24.2% 10.7% -6.2% 4.6% -2.7% -1.3% 23.1%
% CHG Current Month over Same Month Last Year
Listed 21.0% 8.5% 7.3% 20.9% 32.1% 21.0% -1.9% -7.0% -2.0% -0.6% -27.6% -6.1% -57.3%
Pending 16.4% 32.5% 23.0% 27.3% 32.7% 9.4% 8.3% -1.5% -15.3% 5.4% -43.3% -34.3% -50.5%
Sold 2.9% 28.6% 11.3% 25.5% 38.8% 10.8% 9.0% -11.7% -19.6% -11.5% 14.8% -31.6% -21.1%


Current Statistics tracking the Real Estate Market in the Antelope Valley, Palmdale & Lancaster Core areas. Homes For Sale
Month to Date and Projected Opened Escrows*
Total Active 1,370
Total Active Core Area 971
Total Active REO's 174
Total Short Sale 378
Pending MTD/Projected 184 439
Sold MTD/Projected 115 274
Percent Sold Over List Price 16.52%
Sold Last Month / % of Difference 308 -10.96%
Last Year Month / % of Difference 389 -29.50%
Active Listing Mix (Core)
REO % of TTL 17.92%
Short Sale % of TTL 38.93%
REO+SS % of TTL 56.85%
Traditional Sale % of TTL 43.15%


Absorption Rate*
Current Month 4.2 Months
At Last Months Rate 6.9 Months

Historical High Active Listing - 5300+ Mid 2007 - Within the last 3 years our Low Active Listing were under 700 in Nov '09

Richard & Janet O'Brian Real Estate Agents in California work with buyers of all types, from first time, to investors, please let us work for you! Call us today. If you are looking for an aggressive Team to find and fight for the best deal call us or visit out website http://www.homesbyjr.com/. Or Keller Williams Realty AV

Janet O'Brian is a Certified Short Sales Specialist by the National Association of Realtors® (SFR) and is ready to help you with your situation Short sale Help. She can Stop Foreclosures Now!

(Quick Mapping Links for Core Areas)
Palmdale Lancaster Ana Verde Ritter Ranch Quartz Hill Leona Valley Lake Hughes Lake Elizabeth

*The Core Nunbers do not include outlying segments of the Antelope Valley or out-of-area properties. Lancaster, Palmdale, Quartz Hills, Leona Valley, Antelope Acres, Lake Elizabeth, Lake Hughes, Littlerock, Lake Los Angeles, Green Valley and Juniper Hills are included in the core grouping. All figures are Single Family Residential only.

Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley March 12, 2012

Richard & Janet OBrian - Short Sales Specialist Palmdale: Real Estate Agent in Palmdale, CA
Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley March 12, 2012
LeFrancis Arnold the president of the California Association of Realtors was the guess speaker last Thursday in Lancaster. He along with NAR (National Association of Realtors®) make out against the FHFA releasing bulk owned homes to institutional buyers. These institutional buyers do not have much interest in the communities as an occupying owner would be. Furthermore, we are moving through our current inventory right now, we have less then a 4 months supply.

The pilot program will start of with 2,500 homes about one-sixth of which are in Riverside & Los Angeles areas. The homes will be rented for an unspecified time.


Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale
Monthend Numbers
Feb Jan '12 Dec Nov Oct Sep Aug July June May Apr Mar Feb
Listed 561 601 599 732 797 813 679 631 646 620 561 690 443
Pending 495 581 522 572 568 585 542 468 502 518 487 504 414
Sold 308 416 476 467 557 545 413 369 392 374 384 389 299
% CHG Month over Month
Listed -7.1% 0.3% -22.2% -8.9% -2.0% 16.5% 7.1% -2.4% 4.0% 9.5% -23.0% 35.8%
Pending -17.4% 10.2% -9.6% 0.7% -3.0% 7.4% 13.7% -7.3% -3.2% 6.0% -3.5% 17.9%
Sold -35.1% -14.4% 1.9% -19.3% 2.2% 24.2% 10.7% -6.2% 4.6% -2.7% -1.3% 23.1%
% CHG Current Month over Same Month Last Year
Listed 21.0% 8.5% 7.3% 20.9% 32.1% 21.0% -1.9% -7.0% -2.0% -0.6% -27.6% -6.1% -57.3%
Pending 16.4% 32.5% 23.0% 27.3% 32.7% 9.4% 8.3% -1.5% -15.3% 5.4% -43.3% -34.3% -50.5%
Sold 2.9% 28.6% 11.3% 25.5% 38.8% 10.8% 9.0% -11.7% -19.6% -11.5% 14.8% -31.6% -21.1%


Current Statistics tracking the Real Estate Market in the Antelope Valley, Palmdale & Lancaster Core areas. Homes For Sale
Month to Date and Projected Opened Escrows*
Total Active 1,390
Total Active Core Area 983
Total Active REO's 176
Total Short Sale 385
Pending MTD/Projected 163 421
Sold MTD/Projected 98 253
Percent Sold Over List Price 19.39%
Sold Last Month / % of Difference 308 -17.80%
Last Year Month / % of Difference 389 -34.92%
Active Listing Mix (Core)
REO % of TTL 17.90%
Short Sale % of TTL 39.17%
REO+SS % of TTL 57.07%
Traditional Sale % of TTL 42.93%


Absorption Rate*
Current Month 4.2 Months
At Last Months Rate 6.9 Months

Historical High Active Listing - 5300+ Mid 2007 - Within the last 3 years our Low Active Listing were under 700 in Nov '09

Richard & Janet O'Brian Real Estate Agents in California work with buyers of all types, from first time, to investors, please let us work for you! Call us today. If you are looking for an aggressive Team to find and fight for the best deal call us or visit out website http://www.homesbyjr.com/. Or Keller Williams Realty AV

Janet O'Brian is a Certified Short Sales Specialist by the National Association of Realtors® (SFR) and is ready to help you with your situation Short sale Help. She can Stop Foreclosures Now!

(Quick Mapping Links for Core Areas)
Palmdale Lancaster Ana Verde Ritter Ranch Quartz Hill Leona Valley Lake Hughes Lake Elizabeth

*The Core Nunbers do not include outlying segments of the Antelope Valley or out-of-area properties. Lancaster, Palmdale, Quartz Hills, Leona Valley, Antelope Acres, Lake Elizabeth, Lake Hughes, Littlerock, Lake Los Angeles, Green Valley and Juniper Hills are included in the core grouping. All figures are Single Family Residential only.

Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley March 9, 2012 - Day-light saving time starts this Sunday.

Richard & Janet OBrian - Short Sales Specialist Palmdale: Real Estate Agent in Palmdale, CA
Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley March 9, 2012 - Day-light saving time starts this Sunday.
Yes it is that week end again, we get to have open houses in the evening and get up in the dark. Summer can’t far off. Day-light saving time starts this Sunday, March 11, at 2:00a oh sure I’ll get up change all the clocks. I believe it will end after Halloween… Now if you’re calling or going to Arizona or Hawaii they don’t change their time… Oh one more thing we all loose an hour of sleep…

Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale
Monthend Numbers
Feb Jan '12 Dec Nov Oct Sep Aug July June May Apr Mar Feb
Listed 561 601 599 732 797 813 679 631 646 620 561 690 443
Pending 495 581 522 572 568 585 542 468 502 518 487 504 414
Sold 308 416 476 467 557 545 413 369 392 374 384 389 299
% CHG Month over Month
Listed -7.1% 0.3% -22.2% -8.9% -2.0% 16.5% 7.1% -2.4% 4.0% 9.5% -23.0% 35.8%
Pending -17.4% 10.2% -9.6% 0.7% -3.0% 7.4% 13.7% -7.3% -3.2% 6.0% -3.5% 17.9%
Sold -35.1% -14.4% 1.9% -19.3% 2.2% 24.2% 10.7% -6.2% 4.6% -2.7% -1.3% 23.1%
% CHG Current Month over Same Month Last Year
Listed 21.0% 8.5% 7.3% 20.9% 32.1% 21.0% -1.9% -7.0% -2.0% -0.6% -27.6% -6.1% -57.3%
Pending 16.4% 32.5% 23.0% 27.3% 32.7% 9.4% 8.3% -1.5% -15.3% 5.4% -43.3% -34.3% -50.5%
Sold 2.9% 28.6% 11.3% 25.5% 38.8% 10.8% 9.0% -11.7% -19.6% -11.5% 14.8% -31.6% -21.1%


Current Statistics tracking the Real Estate Market in the Antelope Valley, Palmdale & Lancaster Core areas. Homes For Sale
Month to Date and Projected Opened Escrows*
Total Active 1,398
Total Active Core Area 995
Total Active REO's 184
Total Short Sale 392
Pending MTD/Projected 142 489
Sold MTD/Projected 78 269
Percent Sold Over List Price 37.18%
Sold Last Month / % of Difference 308 -12.77%
Last Year Month / % of Difference 389 -30.93%
Active Listing Mix (Core)
REO % of TTL 18.49%
Short Sale % of TTL 39.40%
REO+SS % of TTL 57.89%
Traditional Sale % of TTL 42.11%


Absorption Rate*
Current Month 4.2 Months
At Last Months Rate 6.9 Months

Historical High Active Listing - 5300+ Mid 2007 - Within the last 3 years our Low Active Listing were under 700 in Nov '09

Richard & Janet O'Brian Real Estate Agents in California work with buyers of all types, from first time, to investors, please let us work for you! Call us today. If you are looking for an aggressive Team to find and fight for the best deal call us or visit out website http://www.homesbyjr.com/. Or Keller Williams Realty AV

Janet O'Brian is a Certified Short Sales Specialist by the National Association of Realtors® (SFR) and is ready to help you with your situation Short sale Help. She can Stop Foreclosures Now!

(Quick Mapping Links for Core Areas)
Palmdale Lancaster Ana Verde Ritter Ranch Quartz Hill Leona Valley Lake Hughes Lake Elizabeth

*The Core Nunbers do not include outlying segments of the Antelope Valley or out-of-area properties. Lancaster, Palmdale, Quartz Hills, Leona Valley, Antelope Acres, Lake Elizabeth, Lake Hughes, Littlerock, Lake Los Angeles, Green Valley and Juniper Hills are included in the core grouping. All figures are Single Family Residential only.

Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley March 8, 2012.

Richard & Janet OBrian - Short Sales Specialist Palmdale: Real Estate Agent in Palmdale, CA
Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley March 8, 2012.

Since the news came out about the government making a deal with the banks regarding the illegal robo-singing and foreclosures we are seeing a change in activity in our local real estate mark. In mid February when the news hit we were showing over 1,500 homes for sale in the Antelope Valley we have drop below 1400 as of today. We are down 7.23% in less then a month. We are watching this trend carefully to see what impact it will have going into the spring and summer buying season.


Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale
Monthend Numbers
Feb Jan '12 Dec Nov Oct Sep Aug July June May Apr Mar Feb
Listed 561 601 599 732 797 813 679 631 646 620 561 690 443
Pending 495 581 522 572 568 585 542 468 502 518 487 504 414
Sold 308 416 476 467 557 545 413 369 392 374 384 389 299
% CHG Month over Month
Listed -7.1% 0.3% -22.2% -8.9% -2.0% 16.5% 7.1% -2.4% 4.0% 9.5% -23.0% 35.8%
Pending -17.4% 10.2% -9.6% 0.7% -3.0% 7.4% 13.7% -7.3% -3.2% 6.0% -3.5% 17.9%
Sold -35.1% -14.4% 1.9% -19.3% 2.2% 24.2% 10.7% -6.2% 4.6% -2.7% -1.3% 23.1%
% CHG Current Month over Same Month Last Year
Listed 21.0% 8.5% 7.3% 20.9% 32.1% 21.0% -1.9% -7.0% -2.0% -0.6% -27.6% -6.1% -57.3%
Pending 16.4% 32.5% 23.0% 27.3% 32.7% 9.4% 8.3% -1.5% -15.3% 5.4% -43.3% -34.3% -50.5%
Sold 2.9% 28.6% 11.3% 25.5% 38.8% 10.8% 9.0% -11.7% -19.6% -11.5% 14.8% -31.6% -21.1%


Current Statistics tracking the Real Estate Market in the Antelope Valley, Palmdale & Lancaster Core areas. Homes For Sale
Month to Date and Projected Opened Escrows*
Total Active 1,399
Total Active Core Area 994
Total Active REO's 180
Total Short Sale 401
Pending MTD/Projected 119 461
Sold MTD/Projected 61 236
Percent Sold Over List Price 47.54%
Sold Last Month / % of Difference 308 -23.25%
Last Year Month / % of Difference 389 -39.24%
Active Listing Mix (Core)
REO % of TTL 18.11%
Short Sale % of TTL 40.34%
REO+SS % of TTL 58.45%
Traditional Sale % of TTL 41.55%


Absorption Rate*
Current Month 4.2 Months
At Last Months Rate 6.9 Months

Historical High Active Listing - 5300+ Mid 2007 - Within the last 3 years our Low Active Listing were under 700 in Nov '09

Richard & Janet O'Brian Real Estate Agents in California work with buyers of all types, from first time, to investors, please let us work for you! Call us today. If you are looking for an aggressive Team to find and fight for the best deal call us or visit out website http://www.homesbyjr.com/. Or Keller Williams Realty AV

Janet O'Brian is a Certified Short Sales Specialist by the National Association of Realtors® (SFR) and is ready to help you with your situation Short sale Help. She can Stop Foreclosures Now!

(Quick Mapping Links for Core Areas)
Palmdale Lancaster Ana Verde Ritter Ranch Quartz Hill Leona Valley Lake Hughes Lake Elizabeth

*The Core Nunbers do not include outlying segments of the Antelope Valley or out-of-area properties. Lancaster, Palmdale, Quartz Hills, Leona Valley, Antelope Acres, Lake Elizabeth, Lake Hughes, Littlerock, Lake Los Angeles, Green Valley and Juniper Hills are included in the core grouping. All figures are Single Family Residential only.

Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley March 7, 2012.

Richard & Janet OBrian - Short Sales Specialist Palmdale: Real Estate Agent in Palmdale, CA
Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley March 7, 2012.
I'm sure you all have heard this before but sometimgs a review is a good thing...

The "Pareto Principle" contends that you get 80 percent of your results from 20 percent of your actions. To maximize this 20 percent, use the following tips to give you a competitive edge:

1. Develop a clear idea of what tasks are important so that you can focus on them.

2. Make a to-do chart that categorizes tasks by priority level: High, Medium, and Low. Pay attention to the Highs and Mediums first.

3. Have a clear understanding about what is important to the other members of your work team, associates, or family members.

4. Schedule time to respond to voicemail and e-mail; then don't allow yourself to interrupt your work at other times to check for messages.

5. Give yourself time to think. Make an appointment with yourself when you can let your creativity loose.

6. Write down your goals. When you are unclear about where your focus should be, look to your goals for guidance.

7. Organize your workspace so that you have easy access to what you need to perform important tasks.

8. Plan each month, each week, and each day. Give yourself enough time to meet deadlines.

9. Plan each project by going backwards from the deadline. Break it down to its components, allot reasonable time estimates to each component, and decide how many days ahead you should start the project - and how much time you can devote to it each day.

10. Learn to delegate! The goal is to get the job done and to make other people feel as if they are part of the team; the goal is not to have everything done your way.


Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale
Monthend Numbers
Feb Jan '12 Dec Nov Oct Sep Aug July June May Apr Mar Feb
Listed 561 601 599 732 797 813 679 631 646 620 561 690 443
Pending 495 581 522 572 568 585 542 468 502 518 487 504 414
Sold 308 416 476 467 557 545 413 369 392 374 384 389 299
% CHG Month over Month
Listed -7.1% 0.3% -22.2% -8.9% -2.0% 16.5% 7.1% -2.4% 4.0% 9.5% -23.0% 35.8%
Pending -17.4% 10.2% -9.6% 0.7% -3.0% 7.4% 13.7% -7.3% -3.2% 6.0% -3.5% 17.9%
Sold -35.1% -14.4% 1.9% -19.3% 2.2% 24.2% 10.7% -6.2% 4.6% -2.7% -1.3% 23.1%
% CHG Current Month over Same Month Last Year
Listed 21.0% 8.5% 7.3% 20.9% 32.1% 21.0% -1.9% -7.0% -2.0% -0.6% -27.6% -6.1% -57.3%
Pending 16.4% 32.5% 23.0% 27.3% 32.7% 9.4% 8.3% -1.5% -15.3% 5.4% -43.3% -34.3% -50.5%
Sold 2.9% 28.6% 11.3% 25.5% 38.8% 10.8% 9.0% -11.7% -19.6% -11.5% 14.8% -31.6% -21.1%


Current Statistics tracking the Real Estate Market in the Antelope Valley, Palmdale & Lancaster Core areas. Homes For Sale
Month to Date and Projected Opened Escrows*
Total Active 1,417
Total Active Core Area 1,011
Total Active REO's 188
Total Short Sale 407
Pending MTD/Projected 99 438
Sold MTD/Projected 46 204
Percent Sold Over List Price 43.48%
Sold Last Month / % of Difference 308 -33.86%
Last Year Month / % of Difference 389 -47.63%
Active Listing Mix (Core)
REO % of TTL 18.60%
Short Sale % of TTL 40.26%
REO+SS % of TTL 58.85%
Traditional Sale % of TTL 41.15%


Absorption Rate*
Current Month 4.2 Months
At Last Months Rate 6.9 Months

Historical High Active Listing - 5300+ Mid 2007 - Within the last 3 years our Low Active Listing were under 700 in Nov '09

Richard & Janet O'Brian Real Estate Agents in California work with buyers of all types, from first time, to investors, please let us work for you! Call us today. If you are looking for an aggressive Team to find and fight for the best deal call us or visit out website http://www.homesbyjr.com/. Or Keller Williams Realty AV

Janet O'Brian is a Certified Short Sales Specialist by the National Association of Realtors® (SFR) and is ready to help you with your situation Short sale Help. She can Stop Foreclosures Now!

(Quick Mapping Links for Core Areas)
Palmdale Lancaster Ana Verde Ritter Ranch Quartz Hill Leona Valley Lake Hughes Lake Elizabeth

*The Core Nunbers do not include outlying segments of the Antelope Valley or out-of-area properties. Lancaster, Palmdale, Quartz Hills, Leona Valley, Antelope Acres, Lake Elizabeth, Lake Hughes, Littlerock, Lake Los Angeles, Green Valley and Juniper Hills are included in the core grouping. All figures are Single Family Residential only.

Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.