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Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley October 22 2009

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...

Well it looks like the forces evil are fast at work defrauding the tax payers yet again. As is usually the case whenever "EZ money" is involved, fraud rears its ugly head and potentially ruins is for everyone. This might call into question the home buyer tax credit being extended.
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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 28
Back on Market 8
Price Increases 1
Price Reductions 15
Pendings 27
Solds 18
Expireds 3
Inactives 12


Month to Date and Projected open Escrows*

Total Active 1,075
Total Active Core Area 722
Total Active REO's 176
Total Short Paids 257 Pre-foreclosures
Pending MTD/Projected 455 / 641
Sold MTD 316 Projected - 445
Sold Last Month 564


Absorption Rate*

Current Month 1.2 Months
At Last Months Rate 1.3 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 Thursday Oct 22