Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley August 6 2009

Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley August 6 2009
Vacation time in here, more folks take vacation in August them and other month. That being said are buyers taking the break. NO buyers know that now is the time to pick up great deals in the greater Antelope Valley.

Pre-foreclosures

July '09 Monthend Numbers:
Listed....... 721
Pending.... 690
Sold......... 715

The new look of the Dailys which are a set of number tracking the current trand in the Ral Estate Market in the Antelope

Vally.Dailys*

New Listings	45
Back on Market	5
Price Increases	2
Price Reductions	12
Pendings	41
Solds	21
Expireds	2
Inactives	5

Month to Date and Projected open Escrows*

Total Active	1,142
Total Active Core Area	773
Total Active REO's	207
Total Short Paids	304
Pending MTD/Projected	80	/ 496

Absorption Rate*
Current Month 1.4 Months
At Last Months Rate 2.1 Months

Historical High 5300+ Mid 2007

Team O'Brian 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/.

Janet O'Brian is a Certified Short Sales Specialist and is ready to help you with your situation please visit her web-site.

(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.