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Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley October 16 2009

Certified Short Sale Professional, Pre-Foreclosure: Richard & Janet O'Brian Real Estate Agents in California Plamdael & Lancaster area. Keller Williams Realty-Antelope Valley Ranked #1 in the Antelope Valley.

Short Sales are the next wave for buyers and sellers in the Palmdale, Lancaster real estate market. Make sure your Realtor is a Certified Short Sales Specialist whether you are buying or selling. With the experience and qualifications a short sale expert brings to the table is invaluable, for you to have fighting in your corner…

The Antelope Valley has not see and large drop off in buyers coming in the market or any seasonal slowing. We are expecting the real estate buying frenzy to continue.
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Heard on the street: short sale process to get even faster as the back log of short sales moves through the banking system. In 90 days new systems are coming on-line. Developing story…

If you are facing foreclosure selling Short might be the right answer for your situation, let Janet O’Brian short sale agent give you straight answers to your questions you’ll be glad to did. Also don’t pay up front for help with your short sale or loan modification it is not necessary to do so...
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Janet O'Brian is a Certified Short Sales Specialist in California and is ready to help you with your situation…
Pre-foreclosures

Monthend Numbers

September '09 August '09
Listed 701 691
Pending 725 564
Sold 564 621

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 29
Back on Market 5
Price Increases 2
Price Reductions 15
Pendings 23
Solds 20
Expireds 14
Inactives 7


Month to Date and Projected open Escrows*

Total Active 1,093
Total Active Core Area 728
Total Active REO's 197
Total Short Paids 263 Pre-foreclosures
Pending MTD/Projected 343 / 665
Sold MTD 219 Projected - 424
Sold Last Month 564


Absorption Rate*

Current Month 1.4 Months
At Last Months Rate 1.6 Months

Historical High 5300+ Mid 2007

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/.

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.

Posted Friday Oct 16