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Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley November 10 '09

Richard & Janet OBrian - Short Sales Specialist Palmdale: Real Estate Agent in Palmdale, CA

Antelope Valley Winery Open House - Holiday Open House, Music Festival, and Sale for Saturday, November 14th, from Noon to 5:00PM. Marc Macisso and Thelonius Dub will be our musical entertainment. This will be the opportunity for the public to be introduced to our first Pinot Noir and wine club members will have their own VIP area where they will be treated to another barrel sampling. We will be offering a Buffalo Burger or Buffalo Hot Dog lunch and 25% mixed case discounts on regularly priced AV Wines. Rikki Tikki the clown will be here from 12-2PM for the kids. Don’t miss this great event!

Movie making on tap in Palmdale this Wednesday Veterans Day Sierra Hwy will be closed from Ave R to Ave S to through traffic. We are not sure what is being filmed, I bet I’ll be checking it out for some candid pictures…


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

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 37
Back on Market 5
Price Increases 5
Price Reductions 10
Pendings 29
Solds 29
Expireds 5
Inactives 5


Month to Date and Projected open Escrows*

Total Active 1,077
Total Active Core Area 709 Under 700 Nov 6 '09
Total Active REO's 158 - 5 added
Total Short Paids 248 - 5 added Pre-foreclosures
Pending MTD/Projected 190 / 590
Sold MTD 120 Projected - 360 - With 63.2% closing
Sold Last Month 549 Solds are down 34.4% Project from last month


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.

West Palmdale CA Real Estate Market Conditions, Monday, November 09, 2009

Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist: Real Estate Agent in Lancaster, CA
West Palmdale, California Real Estate

We here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find West Palmdale real estate statistics for the last seven days.

Total inventory today is: 130
Of these, the number that are short pays is: 90
Number of homes entering the market in the last 7 days: 23
Of these, the number that are short pays is: 15
Number of homes entering escrow in the last 7 days: 26
Number of homes closing escrow (sold) in the last 7 days: 14
Of these, the number that are short pays is: 11
Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 7

See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends (or paste www.gockelgroup.com/charts to your browser)

View my top 10 listing picks of the day for this area

To find the true value of your home with a free, over-the-net home evaluation, please visit: Palmdale, Lancaster & Antelope Valley Real Estate Online (or paste www.homes-on-the-web.com to your browser).

Now you can locate homes that match your needs as you drive through the neighborhood. This custom application runs on your bluetooth enable phone and makes use of the built in GPS technology. Try this simple and free application now, just click HERE to start using this new technology to find your dream home, or text HOTW to 87778.

If you would like a free list of homes for sale in the area, would like more information about East Lancaster or would like to speak directly to a professional agent, then give me a call:

Don Gockel, GRI, Realtor®
DRE #01319651
The Gockel Group
888-455-1543

Palmdale, Lancaster & Antelope Valley Real Estate Online
(or paste www.homes-on-the-web.com to your browser)
To send me email - click here
(don@homes-on-the-web.com)

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley November 9 '09

Richard & Janet OBrian - Short Sales Specialist Palmdale: Real Estate Agent in Palmdale, CA

Some more GOOD news, reported by the National Association of Realtors! Pending home sales index, a forward-looking indicator based on signed contracts, rose 6.1% to 110.1 in September, following a 6.4% increase in August. It was the eighth consecutive monthly increase and the highest reading since December 2006.

Looks like the economy has turned the corner with Real Estate sales leading the way…

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

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 0
Price Increases 1
Price Reductions 1
Pendings 2
Solds 3
Expireds 8
Inactives 1


Month to Date and Projected open Escrows*

Total Active 1,085
Total Active Core Area 711 Under 700 Nov 6 '09
Total Active REO's 160 - 0 added
Total Short Paids 246 - 1 added Pre-foreclosures
Pending MTD/Projected 164 / 547
Sold MTD 98 Projected - 327 - With 59.8% closing
Sold Last Month 549 Solds are down 40.5% Project from last month


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.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley November 7 '09

Richard & Janet OBrian - Short Sales Specialist Palmdale: Real Estate Agent in Palmdale, CA

Our hearts go out to the Fort Hood Victims and their families. In these times Janet & I have a hard time understanding, only to see it happen again in Florida, disturbing.

The Fort Hood Victims List.

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

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 34
Back on Market 16
Price Increases 3
Price Reductions 21
Pendings 30
Solds 15
Expireds 1
Inactives 6


Month to Date and Projected open Escrows*

Total Active 1,078
Total Active Core Area 707 Under 700 Nov 6 '09
Total Active REO's 161 - 9 added
Total Short Paids 247 - 2 added Pre-foreclosures
Pending MTD/Projected 155 / 664
Sold MTD 92 Projected - 394 - With 59.4% closing
Sold Last Month 549 Solds are down 28.2% Project from last month


Absorption Rate*

Current Month 1.3 Months
At Last Months Rate 1.4 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.

Are Homes Owners in Denial?

Richard & Janet OBrian - Short Sales Specialist Palmdale: Real Estate Agent in Palmdale, CA

We have been actively working with home owners facing foreclosures. Some have been working with their lender trying for a loan modification... For the most part they are not successful and in extreme cases the lend charges a fee to buy down points or for what I just don't know...

During the loan modification the lender started the foreclosure the Notice of Default (NOD) is filed. I believe this is a deceptive on the part of the lender, and can be avoided or delayed.

If you are in trouble with your mortgage you need to know you options. First call your lender and try for a loan modification. Have a back-up plan is case the loan modification doesn't work for you. The lender is working for them selves not you.

If you can't make your mortgage payment you will be moving, however you do have a choice. You can let your home go into foreclosures or you can choose to sell Short.

Typically, when you list you home for sale you stay in your home and the lender delays the foreclosure process, giving you time to find a home to move into.