Real Estate Trends - Palmdale, Lancaster and the Greater Antelope Valley November 2 '009

How are you coping with the low inventory with the Holidays coming? We are working hard on Short Sales on the listing and buyer side. The bank own business is all but gone in out market which is pushing up prices on the low-end first time buyers and investors. This creates a false bottom or should I say a controlled bottom, where the low-end add pressure on the mid and high end properties.

With that said it is a great time to sell and to buy and home.

Janet O'Brian is a Certified Short Sales Specialist in California and is ready to help you with your situation…

Monthend Numbers

October '09 September '09 August '09
Listed 659 701 691
Pending 593 725 564
Sold 549 564 621

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	11
Back on Market	2
Price Increases	2
Price Reductions	8
Pendings	20
Solds	18
Expireds	5
Inactives	4

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.