Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley October 23 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.

Well it’s Happy Friday and Real Estate is selling in like hot-cakes… Both buyers and investors are jumping on the bandwagon. Short Sale are moving through the approval process faster and can be great buy, (Bank of America not withstanding).

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	37
Back on Market	8
Price Increases	2
Price Reductions	16
Pendings	39
Solds	31
Expireds	5
Inactives	3

Month to Date and Projected open Escrows*

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.