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Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 15, 2012.
So we are starting to hear rumblings that this summer in the Antelope Valley, Palmdale and Lancaster will have extra fun stuff going on.
But in case you need something sooner the Palmdale Playhouse is presenting the Palmdale Concert and Symphonic Orchestras’ “A Little Bit of Night Music” directed by Patricia Graham this Saturday, February 18, 2012 at 7:30 pm, featuring Wolfgang Amadeus Mozart's Symphony No. 40, a work of indestructible beauty.
The Amgen Tour of California Stage 6 Starting Location has been selected and it’s in Palmdale! Amgen officials have selected Marie Kerr Park as the starting location for Stage 6 of the race, scheduled for Friday, May 18.
The Palmdale DryTown water park is Great Family Fun and it is close-by and reasonable! Now you can climb to the top of the 3 stories high DryTown mining shaft and hit the rushing rivers slides of water offering thrills of a lifetime! You’ll begin your slick fall down The Devil's Punch Bowl, Rattler's Revenge or The Wildcatter, splashing, twisting and careening at speeds up to 30 mph … the ultimate in excitement and fun!
Thursday Night on the Square is held on eight consecutive Thursday evenings each summer. Guests enjoy lively music, enticing food, free kids activities and an open air market featuring specialty items. Please join us for the summer of 2012 for eight weeks of family fun!
Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation…Short Sale
| Monthend Numbers | |||||||||||||
| Jan '12 | Dec | Nov | Oct | Sep | Aug | July | June | May | Apr | Mar | Feb | Jan '11 | |
| Listed | 601 | 599 | 732 | 797 | 813 | 679 | 631 | 646 | 620 | 561 | 690 | 443 | 550 |
| Pending | 581 | 522 | 572 | 568 | 585 | 542 | 468 | 502 | 518 | 487 | 504 | 414 | 392 |
| Sold | 416 | 476 | 467 | 557 | 545 | 413 | 369 | 392 | 374 | 384 | 389 | 299 | 297 |
| % CHG Month over Month | |||||||||||||
| Listed | 0.3% | -22.2% | -8.9% | -2.0% | 16.5% | 7.1% | -2.4% | 4.0% | 9.5% | -23.0% | 35.8% | -24.2% | |
| Pending | 10.2% | -9.6% | 0.7% | -3.0% | 7.4% | 13.7% | -7.3% | -3.2% | 6.0% | -3.5% | 17.9% | 5.3% | |
| Sold | -14.4% | 1.9% | -19.3% | 2.2% | 24.2% | 10.7% | -6.2% | 4.6% | -2.7% | -1.3% | 23.1% | 0.7% | |
| % CHG Current Month over Same Month Last Year | |||||||||||||
| Listed | 8.5% | 7.3% | 20.9% | 32.1% | 21.0% | -1.9% | -7.0% | -2.0% | -0.6% | -27.6% | -6.1% | -57.3% | -25.6% |
| Pending | 32.5% | 23.0% | 27.3% | 32.7% | 9.4% | 8.3% | -1.5% | -15.3% | 5.4% | -43.3% | -34.3% | -50.5% | -41.8% |
| Sold | 28.6% | 11.3% | 25.5% | 38.8% | 10.8% | 9.0% | -11.7% | -19.6% | -11.5% | 14.8% | -31.6% | -21.1% | -24.2% |
| Month to Date and Projected Opened Escrows* | |||
| Total Active | 1,485 | ||
| Total Active Core Area | 1,065 | ||
| Total Active REO's | 209 | ||
| Total Short Sale | 481 | ||
| Pending MTD/Projected | 209 | 433 | |
| Sold MTD/Projected | 134 | 278 | |
| Percent Sold Over List Price | 50.75% | ||
| Sold Last Month / % of Difference | 416 | -33.28% | |
| Last Year Month / % of Difference | 297 | -6.54% | |
| Active Listing Mix (Core) | |||
| REO % of TTL | 19.62% | ||
| Short Sale % of TTL | 45.16% | ||
| REO+SS % of TTL | 64.79% | ||
| Traditional Sale % of TTL | 35.21% |
Absorption Rate*
Current Month 4.2 Months
At Last Months Rate 6.9 Months
Historical High Active Listing - 5300+ Mid 2007 - Within the last 3 years our Low Active Listing were under 700 in Nov '09
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/. Or Keller Williams Realty AV
Janet O'Brian is a Certified Short Sales Specialist by the National Association of Realtors® (SFR) and is ready to help you with your situation Short sale Help. She can Stop Foreclosures Now!
(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.
Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.
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| Monthend Numbers | |||||||||||||
| Jan '12 | Dec | Nov | Oct | Sep | Aug | July | June | May | Apr | Mar | Feb | Jan '11 | |
| Listed | 601 | 599 | 732 | 797 | 813 | 679 | 631 | 646 | 620 | 561 | 690 | 443 | 550 |
| Pending | 581 | 522 | 572 | 568 | 585 | 542 | 468 | 502 | 518 | 487 | 504 | 414 | 392 |
| Sold | 416 | 476 | 467 | 557 | 545 | 413 | 369 | 392 | 374 | 384 | 389 | 299 | 297 |
| % CHG Month over Month | |||||||||||||
| Listed | 0.3% | -22.2% | -8.9% | -2.0% | 16.5% | 7.1% | -2.4% | 4.0% | 9.5% | -23.0% | 35.8% | -24.2% | |
| Pending | 10.2% | -9.6% | 0.7% | -3.0% | 7.4% | 13.7% | -7.3% | -3.2% | 6.0% | -3.5% | 17.9% | 5.3% | |
| Sold | -14.4% | 1.9% | -19.3% | 2.2% | 24.2% | 10.7% | -6.2% | 4.6% | -2.7% | -1.3% | 23.1% | 0.7% | |
| % CHG Current Month over Same Month Last Year | |||||||||||||
| Listed | 8.5% | 7.3% | 20.9% | 32.1% | 21.0% | -1.9% | -7.0% | -2.0% | -0.6% | -27.6% | -6.1% | -57.3% | -25.6% |
| Pending | 32.5% | 23.0% | 27.3% | 32.7% | 9.4% | 8.3% | -1.5% | -15.3% | 5.4% | -43.3% | -34.3% | -50.5% | -41.8% |
| Sold | 28.6% | 11.3% | 25.5% | 38.8% | 10.8% | 9.0% | -11.7% | -19.6% | -11.5% | 14.8% | -31.6% | -21.1% | -24.2% |
| Month to Date and Projected Opened Escrows* | |||
| Total Active | 1,485 | ||
| Total Active Core Area | 1,065 | ||
| Total Active REO's | 209 | ||
| Total Short Sale | 481 | ||
| Pending MTD/Projected | 209 | 433 | |
| Sold MTD/Projected | 134 | 278 | |
| Percent Sold Over List Price | 50.75% | ||
| Sold Last Month / % of Difference | 416 | -33.28% | |
| Last Year Month / % of Difference | 297 | -6.54% | |
| Active Listing Mix (Core) | |||
| REO % of TTL | 19.62% | ||
| Short Sale % of TTL | 45.16% | ||
| REO+SS % of TTL | 64.79% | ||
| Traditional Sale % of TTL | 35.21% |
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/. Or Keller Williams Realty AV
Janet O'Brian is a Certified Short Sales Specialist by the National Association of Realtors® (SFR) and is ready to help you with your situation Short sale Help. She can Stop Foreclosures Now!
(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.
Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.
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ALL DATA WAS DERIVED FROM THE "GREATER ANTELOPE VALLEY ASSOCIATION OF REALTORS®" AND IS DEEMED RELIABLE.
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)
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Borrowers who are current but underwater will be able to refinance at today’s historically low interest rates. Servicers will have to provide up to $3 billion in refinancing relief nationwide, the average payout is around $20,000 we hear.
This will take some time to implement over the next 30 to 60 days negotiators will be selecting an administrator to handle the how-to and supervising the process; we don’t want the banks to pull anymore shenanigans.
Within the next 6 to 9 months the settlement administrator, attorneys general and the mortgage servicers will work to identify homeowners eligible for the immediate cash payments, principal reductions and refinancing. Those eligible will receive letters. The entire settlement will be happing over the next three years.
| Monthend Numbers | |||||||||||||
| Jan '12 | Dec | Nov | Oct | Sep | Aug | July | June | May | Apr | Mar | Feb | Jan '11 | |
| Listed | 601 | 599 | 732 | 797 | 813 | 679 | 631 | 646 | 620 | 561 | 690 | 443 | 550 |
| Pending | 581 | 522 | 572 | 568 | 585 | 542 | 468 | 502 | 518 | 487 | 504 | 414 | 392 |
| Sold | 416 | 476 | 467 | 557 | 545 | 413 | 369 | 392 | 374 | 384 | 389 | 299 | 297 |
| % CHG Month over Month | |||||||||||||
| Listed | 0.3% | -22.2% | -8.9% | -2.0% | 16.5% | 7.1% | -2.4% | 4.0% | 9.5% | -23.0% | 35.8% | -24.2% | |
| Pending | 10.2% | -9.6% | 0.7% | -3.0% | 7.4% | 13.7% | -7.3% | -3.2% | 6.0% | -3.5% | 17.9% | 5.3% | |
| Sold | -14.4% | 1.9% | -19.3% | 2.2% | 24.2% | 10.7% | -6.2% | 4.6% | -2.7% | -1.3% | 23.1% | 0.7% | |
| % CHG Current Month over Same Month Last Year | |||||||||||||
| Listed | 8.5% | 7.3% | 20.9% | 32.1% | 21.0% | -1.9% | -7.0% | -2.0% | -0.6% | -27.6% | -6.1% | -57.3% | -25.6% |
| Pending | 32.5% | 23.0% | 27.3% | 32.7% | 9.4% | 8.3% | -1.5% | -15.3% | 5.4% | -43.3% | -34.3% | -50.5% | -41.8% |
| Sold | 28.6% | 11.3% | 25.5% | 38.8% | 10.8% | 9.0% | -11.7% | -19.6% | -11.5% | 14.8% | -31.6% | -21.1% | -24.2% |
| Month to Date and Projected Opened Escrows* | |||
| Total Active | 1,496 | ||
| Total Active Core Area | 1,074 | ||
| Total Active REO's | 214 | ||
| Total Short Sale | 482 | ||
| Pending MTD/Projected | 189 | 422 | |
| Sold MTD/Projected | 130 | 290 | |
| Percent Sold Over List Price | 50.00% | ||
| Sold Last Month / % of Difference | 416 | -30.29% | |
| Last Year Month / % of Difference | 297 | -2.36% | |
| Active Listing Mix (Core) | |||
| REO % of TTL | 19.93% | ||
| Short Sale % of TTL | 44.88% | ||
| REO+SS % of TTL | 64.80% | ||
| Traditional Sale % of TTL | 35.20% |
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/. Or Keller Williams Realty AV
Janet O'Brian is a Certified Short Sales Specialist by the National Association of Realtors® (SFR) and is ready to help you with your situation Short sale Help. She can Stop Foreclosures Now!
(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.
Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.
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“The generosity of Yard House and its customers is nothing short of amazing,” said SAVES Coordinator Patricia Morales. “Through their kindness, families in need in the South Antelope Valley will receive essential services to help them through difficult times.”
“Yard House is a model example of an organization coming into a community and making a difference not only through its exceptional food and service, but in giving back,” said Palmdale Mayor Jim Ledford. “Our residents, too, have shown where their hearts are by graciously ‘rounding up’ their bills for this worthwhile cause.”
| Monthend Numbers | |||||||||||||
| Jan '12 | Dec | Nov | Oct | Sep | Aug | July | June | May | Apr | Mar | Feb | Jan '11 | |
| Listed | 601 | 599 | 732 | 797 | 813 | 679 | 631 | 646 | 620 | 561 | 690 | 443 | 550 |
| Pending | 581 | 522 | 572 | 568 | 585 | 542 | 468 | 502 | 518 | 487 | 504 | 414 | 392 |
| Sold | 416 | 476 | 467 | 557 | 545 | 413 | 369 | 392 | 374 | 384 | 389 | 299 | 297 |
| % CHG Month over Month | |||||||||||||
| Listed | 0.3% | -22.2% | -8.9% | -2.0% | 16.5% | 7.1% | -2.4% | 4.0% | 9.5% | -23.0% | 35.8% | -24.2% | |
| Pending | 10.2% | -9.6% | 0.7% | -3.0% | 7.4% | 13.7% | -7.3% | -3.2% | 6.0% | -3.5% | 17.9% | 5.3% | |
| Sold | -14.4% | 1.9% | -19.3% | 2.2% | 24.2% | 10.7% | -6.2% | 4.6% | -2.7% | -1.3% | 23.1% | 0.7% | |
| % CHG Current Month over Same Month Last Year | |||||||||||||
| Listed | 8.5% | 7.3% | 20.9% | 32.1% | 21.0% | -1.9% | -7.0% | -2.0% | -0.6% | -27.6% | -6.1% | -57.3% | -25.6% |
| Pending | 32.5% | 23.0% | 27.3% | 32.7% | 9.4% | 8.3% | -1.5% | -15.3% | 5.4% | -43.3% | -34.3% | -50.5% | -41.8% |
| Sold | 28.6% | 11.3% | 25.5% | 38.8% | 10.8% | 9.0% | -11.7% | -19.6% | -11.5% | 14.8% | -31.6% | -21.1% | -24.2% |
| Month to Date and Projected Opened Escrows* | |||
| Total Active | 1,508 | ||
| Total Active Core Area | 1,188 | ||
| Total Active REO's | 216 | ||
| Total Short Sale | 365 | ||
| Pending MTD/Projected | 152 | 441 | |
| Sold MTD/Projected | 108 | 313 | |
| Percent Sold Over List Price | 50.93% | ||
| Sold Last Month / % of Difference | 416 | -24.71% | |
| Last Year Month / % of Difference | 297 | 5.45% | |
| Active Listing Mix (Core) | |||
| REO % of TTL | 18.18% | ||
| Short Sale % of TTL | 30.72% | ||
| REO+SS % of TTL | 48.91% | ||
| Traditional Sale % of TTL | 51.09% |
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/. Or Keller Williams Realty AV
Janet O'Brian is a Certified Short Sales Specialist by the National Association of Realtors® (SFR) and is ready to help you with your situation Short sale Help. She can Stop Foreclosures Now!
(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.
Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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