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Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley October 27 2009

The countdown to Halloween is ticking away and we are all getting ready for the big night of ghosts and goblins.

Plan costumes that are bright and reflective and make sure shoes fit well and costumes are short enough to prevent tripping, entanglement or contact with flame.Short sale

Consider adding reflective tape or striping to costumes and Trick-or-Treat bags for greater visibility.

Always keep Jack O' Lanterns and hot electric lamps away from drapes, decorations, flammable materials or areas where children will be standing or walking.

Wait until the kids are home to sort and check treats. Though tampering is rare, we should closely inspect all treats and throw away any spoiled and any that looked unwrapped or suspicious items.


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 21
Back on Market 3
Price Increases 0
Price Reductions 18
Pendings 26
Solds 28
Expireds 0
Inactives 9


Month to Date and Projected open Escrows*

Total Active 1,076
Total Active Core Area 721
Total Active REO's 177
Total Short Paids 253 Pre-foreclosures
Pending MTD/Projected 523 / 600
Sold MTD 396 Projected - 455 - With 75.7% closing
Sold Last Month 564 Solds are Down 19.4% from last month


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 Tuesday Oct 27