Palmdale, CA

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 14, 2012.
At the annual Keller Williams Realty Convention FAMILY REUNION in Florida this year Keller William’s CEO Mark Willis shared some interesting directions KW is heading.

The first Keller Williams Realty franchise overseas – KW Vietnam, and Chris Heller, president of KW Worldwide announced the launch. “As we began looking for opportunities to expand outside the U.S. and Canada, our primary goal was always to find the right leadership first. We know that Paul Mason [the new president of KW Vietnam], along with the other leaders we are partnering with, share our belief system and our commitment to grow the Keller Williams culture,” said Heller. He also announced that the company was in varying stages with potential franchisees in additional countries including South Africa, New Zealand, Indonesia, Egypt and several other Middle Eastern countries.

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Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale

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Monthend Numbers
	Jan '12	Dec	Nov	Oct	Sep	Aug	July	June	May	Apr	Mar	Feb	Jan '11
Listed	601	599	732	797	813	679	631	646	620	561	690	443	550
Pending	581	522	572	568	585	542	468	502	518	487	504	414	392
Sold	416	476	467	557	545	413	369	392	374	384	389	299	297
% CHG Month over Month
Listed		0.3%	-22.2%	-8.9%	-2.0%	16.5%	7.1%	-2.4%	4.0%	9.5%	-23.0%	35.8%	-24.2%
Pending		10.2%	-9.6%	0.7%	-3.0%	7.4%	13.7%	-7.3%	-3.2%	6.0%	-3.5%	17.9%	5.3%
Sold		-14.4%	1.9%	-19.3%	2.2%	24.2%	10.7%	-6.2%	4.6%	-2.7%	-1.3%	23.1%	0.7%
% CHG Current Month over Same Month Last Year
Listed	8.5%	7.3%	20.9%	32.1%	21.0%	-1.9%	-7.0%	-2.0%	-0.6%	-27.6%	-6.1%	-57.3%	-25.6%
Pending	32.5%	23.0%	27.3%	32.7%	9.4%	8.3%	-1.5%	-15.3%	5.4%	-43.3%	-34.3%	-50.5%	-41.8%
Sold	28.6%	11.3%	25.5%	38.8%	10.8%	9.0%	-11.7%	-19.6%	-11.5%	14.8%	-31.6%	-21.1%	-24.2%

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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.

West Palmdale, California Real Estate

We here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find West Palmdale real estate statistics for the last seven days.

Total inventory today is: 166
Of these, the number that are short pays is: 83
Number of homes entering the market in the last 7 days: 27
Of these, the number that are short pays is: 8
Number of homes entering escrow in the last 7 days: 17
Number of homes closing escrow (sold) in the last 7 days: 5
Of these, the number that are short pays is: 2
Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 14

ALL DATA WAS DERIVED FROM THE "GREATER ANTELOPE VALLEY ASSOCIATION OF REALTORS®" AND IS DEEMED RELIABLE.

See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends (or paste www.gockelgroup.com/charts to your browser)

View my top 10 listing picks of the day for this area

To find the true value of your home with a free, over-the-net home evaluation, please visit: Palmdale, Lancaster & Antelope Valley Real Estate Online (or paste www.homes-on-the-web.com to your browser).

Now you can locate homes that match your needs as you drive through the neighborhood. This custom application runs on your bluetooth enable phone and makes use of the built in GPS technology. Try this simple and free application now, just click HERE to start using this new technology to find your dream home, or text HOTW to 87778.

If you would like a free list of homes for sale in the area, would like more information about East Lancaster or would like to speak directly to a professional agent, then give me a call:

Don Gockel, GRI, Realtor®
DRE #01319651
The Gockel Group
888-455-1543

Palmdale, Lancaster & Antelope Valley Real Estate Online
(or paste www.homes-on-the-web.com to your browser)
To send me email - click here
(don@homes-on-the-web.com)

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 13, 2012.
National Mortgage Settlement, What this means to you.

Homeowners in need of a loan modification including first and second lien principal reduction if they qualify could see their principal cut by around $20,000. The servicers have up to $17 billion in principal reduction and other forms of loan modification relief nationwide. And with only these banks participating Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo your loan must be with one of them and not owned by Fannie Mae or Freddie Mac to participate in the program.

Borrowers who are current but underwater will be able to refinance at today’s historically low interest rates. Servicers will have to provide up to $3 billion in refinancing relief nationwide, the average payout is around $20,000 we hear.

This will take some time to implement over the next 30 to 60 days negotiators will be selecting an administrator to handle the how-to and supervising the process; we don’t want the banks to pull anymore shenanigans.

Within the next 6 to 9 months the settlement administrator, attorneys general and the mortgage servicers will work to identify homeowners eligible for the immediate cash payments, principal reductions and refinancing. Those eligible will receive letters. The entire settlement will be happing over the next three years.

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Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale

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Monthend Numbers
	Jan '12	Dec	Nov	Oct	Sep	Aug	July	June	May	Apr	Mar	Feb	Jan '11
Listed	601	599	732	797	813	679	631	646	620	561	690	443	550
Pending	581	522	572	568	585	542	468	502	518	487	504	414	392
Sold	416	476	467	557	545	413	369	392	374	384	389	299	297
% CHG Month over Month
Listed		0.3%	-22.2%	-8.9%	-2.0%	16.5%	7.1%	-2.4%	4.0%	9.5%	-23.0%	35.8%	-24.2%
Pending		10.2%	-9.6%	0.7%	-3.0%	7.4%	13.7%	-7.3%	-3.2%	6.0%	-3.5%	17.9%	5.3%
Sold		-14.4%	1.9%	-19.3%	2.2%	24.2%	10.7%	-6.2%	4.6%	-2.7%	-1.3%	23.1%	0.7%
% CHG Current Month over Same Month Last Year
Listed	8.5%	7.3%	20.9%	32.1%	21.0%	-1.9%	-7.0%	-2.0%	-0.6%	-27.6%	-6.1%	-57.3%	-25.6%
Pending	32.5%	23.0%	27.3%	32.7%	9.4%	8.3%	-1.5%	-15.3%	5.4%	-43.3%	-34.3%	-50.5%	-41.8%
Sold	28.6%	11.3%	25.5%	38.8%	10.8%	9.0%	-11.7%	-19.6%	-11.5%	14.8%	-31.6%	-21.1%	-24.2%

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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 Feb 10, 2012.
PALMDALE - The City of Palmdale’s South Antelope Valley Emergency Services (SAVES) food and shelter program received a generous donation of $10,000 from Yard House restaurants as part of the Round It Up America® program. The check was presented by Yard House Manager Gil Vance and accepted by SAVES Coordinator Patricia Morales, and Palmdale Mayor Jim Ledford. Yard House corporate donated $5,000 and the Palmdale Yard House matched it bringing the total to $10,000.

“The generosity of Yard House and its customers is nothing short of amazing,” said SAVES Coordinator Patricia Morales. “Through their kindness, families in need in the South Antelope Valley will receive essential services to help them through difficult times.”

“Yard House is a model example of an organization coming into a community and making a difference not only through its exceptional food and service, but in giving back,” said Palmdale Mayor Jim Ledford. “Our residents, too, have shown where their hearts are by graciously ‘rounding up’ their bills for this worthwhile cause.”

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Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale

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Monthend Numbers
	Jan '12	Dec	Nov	Oct	Sep	Aug	July	June	May	Apr	Mar	Feb	Jan '11
Listed	601	599	732	797	813	679	631	646	620	561	690	443	550
Pending	581	522	572	568	585	542	468	502	518	487	504	414	392
Sold	416	476	467	557	545	413	369	392	374	384	389	299	297
% CHG Month over Month
Listed		0.3%	-22.2%	-8.9%	-2.0%	16.5%	7.1%	-2.4%	4.0%	9.5%	-23.0%	35.8%	-24.2%
Pending		10.2%	-9.6%	0.7%	-3.0%	7.4%	13.7%	-7.3%	-3.2%	6.0%	-3.5%	17.9%	5.3%
Sold		-14.4%	1.9%	-19.3%	2.2%	24.2%	10.7%	-6.2%	4.6%	-2.7%	-1.3%	23.1%	0.7%
% CHG Current Month over Same Month Last Year
Listed	8.5%	7.3%	20.9%	32.1%	21.0%	-1.9%	-7.0%	-2.0%	-0.6%	-27.6%	-6.1%	-57.3%	-25.6%
Pending	32.5%	23.0%	27.3%	32.7%	9.4%	8.3%	-1.5%	-15.3%	5.4%	-43.3%	-34.3%	-50.5%	-41.8%
Sold	28.6%	11.3%	25.5%	38.8%	10.8%	9.0%	-11.7%	-19.6%	-11.5%	14.8%	-31.6%	-21.1%	-24.2%

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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 Feb 9, 2012.
The Federal Housing Finance Agency (FHFA) announced the first step of a Real-Estate Owned (REO) Initiative targeted at the hardest-hit metropolitan areas announced in August 2011. Investors interested in participating may "pre-qualify" to establish eligibility to bid on transactions in the initial pilot phase as well as subsequent phases.

The REO Initiative will allow qualified investors to purchase pools of foreclosed properties with the requirement to rent the purchased properties for a specified number of years. This rental period could provide relief for local housing markets that continue to be depressed by the volume of foreclosed properties, and provide additional rental options to certain markets. Prequalification ensures investors will have the financial capacity and operational expertise to manage properties in a way that is conducive to the stabilization of communities hard hit by the by the housing downturn.

During the pilot phase, Fannie Mae will offer for sale pools of various types of assets including rental properties, vacant properties and non-performing loans with a focus on the hardest-hit areas. The first transaction will be announced in the near-term.

California’s housing market is unique. California has an extremely low REO inventory where REO sales are getting top dollar in multiple offer situations. On average, REOs are sold are sold in less than 60 days. Bulk sales in California not only would have a negative impact on home prices, but would also push down home values for existing homeowners in those communities. C.A.R. is asking that the Federal Housing Finance Agency, Dept. of Treasury, and Dept. of Housing and Urban Development consider this program only in areas where REO inventory is abundant and selling in bulk makes sense.

We support C.A.R. in fighting this Fannie Mae.

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Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale

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Monthend Numbers
	Jan '12	Dec	Nov	Oct	Sep	Aug	July	June	May	Apr	Mar	Feb	Jan '11
Listed	601	599	732	797	813	679	631	646	620	561	690	443	550
Pending	581	522	572	568	585	542	468	502	518	487	504	414	392
Sold	416	476	467	557	545	413	369	392	374	384	389	299	297
% CHG Month over Month
Listed		0.3%	-22.2%	-8.9%	-2.0%	16.5%	7.1%	-2.4%	4.0%	9.5%	-23.0%	35.8%	-24.2%
Pending		10.2%	-9.6%	0.7%	-3.0%	7.4%	13.7%	-7.3%	-3.2%	6.0%	-3.5%	17.9%	5.3%
Sold		-14.4%	1.9%	-19.3%	2.2%	24.2%	10.7%	-6.2%	4.6%	-2.7%	-1.3%	23.1%	0.7%
% CHG Current Month over Same Month Last Year
Listed	8.5%	7.3%	20.9%	32.1%	21.0%	-1.9%	-7.0%	-2.0%	-0.6%	-27.6%	-6.1%	-57.3%	-25.6%
Pending	32.5%	23.0%	27.3%	32.7%	9.4%	8.3%	-1.5%	-15.3%	5.4%	-43.3%	-34.3%	-50.5%	-41.8%
Sold	28.6%	11.3%	25.5%	38.8%	10.8%	9.0%	-11.7%	-19.6%	-11.5%	14.8%	-31.6%	-21.1%	-24.2%

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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.