Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley November 20, '09
As we all get ready for Thanksgiving week with family and friends we’re reminded of the sacrifice given by so many over the 234 years. Remember what we are thankful for...
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 | 54 |
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| Back on Market | 5 |
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| Price Increases | 2 |
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| Price Reductions | 6 |
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| Pendings | 33 |
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| Solds | 27 |
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| Expireds | 4 |
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| Inactives | 9 |
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Month to Date and Projected open Escrows*
| Total Active | 1,115 | |
| Total Active Core Area | 740 Under 700 Nov 6 '09 | |
| Total Active REO's | 187 - 4 added | |
| Total Short Paids | 240 - 1 added | Pre-foreclosures |
| Pending MTD/Projected | 371 / 557 | |
| Sold MTD | 278 | Projected - 417 - With 74.9% closing Rate |
| Sold Last Month | 549 | Solds are down 24.0% 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/.
(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 19, '09
Real Estate is in the news today with related stories. New building starts for homes are down which is predictable due to the year end slow down. However these are mostly national numbers and don’t reflect your local market. In the Great Antelope Valley Palmdale & Lancaster in Los Angeles County in Southern California are way ahead of the curve. We have sold over 7,000 homes in 2008 and are already over 8,000 for 2009. New home starts are up here bucking the national trend.
The other side of the new is Foreclosures again nationality 1 in 7 mortgage holders are in distress at lest behind by one payment. However the banks are working on improving the short sale process and make some loan modification to stem the tided of some of these bank own homes flooding the market… In the Antelope Valley we are see a tricle of bank owe home coming on to the market...
Our advice if your are looking to buy a home or have to sell now could be the best time as prices are reduced by 50%. Selling if you must to get out of a bad Situation don’t hesitate take action now and contact a qualified Short Sales Specialist…
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 | 30 |
|
||
| Back on Market | 6 |
|
||
| Price Increases | 2 |
|
||
| Price Reductions | 8 |
|
||
| Pendings | 15 |
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||
| Solds | 13 |
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||
| Expireds | 11 |
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||
| Inactives | 2 |
|
Month to Date and Projected open Escrows*
| Total Active | 1,097 | |
| Total Active Core Area | 723 Under 700 Nov 6 '09 | |
| Total Active REO's | 173 - 4 added | |
| Total Short Paids | 237 - 1 added | Pre-foreclosures |
| Pending MTD/Projected | 353 / 557 | |
| Sold MTD | 261 | Projected - 412 - With 73.9% closing Rate |
| Sold Last Month | 549 | Solds are down 24.9% 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/.
(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.
This could be a great opportunely for buyers who are having to fight to have their offers to be win. With the anticipated slowdown savvy buyers could really win big…
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 | 24 |
|
|||
| Back on Market | 6 |
|
|||
| Price Increases | 3 |
|
|||
| Price Reductions | 13 |
|
|||
| Pendings | 36 |
|
|||
| Solds | 27 |
|
|||
| Expireds | 5 |
|
|||
| Inactives | 11 |
|
| Total Active | 1,093 | |
| Total Active Core Area | 716 Under 700 Nov 6 '09 | |
| Total Active REO's | 169 - 5 added | |
| Total Short Paids | 244 - 3 added | Pre-foreclosures |
| Pending MTD/Projected | 341 / 568 | |
| Sold MTD | 247 | Projected - 412 - With 72.4% closing Rate |
| Sold Last Month | 549 | Solds are down 25.0% Project from last month |
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/.
(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.
Recently reported Fannie Mae is giving distressed borrowers yet another way to avoid foreclosure, they would allow eligible homeowners to rent their own homes… The program lets home owners shift the deed back to their lender and then sign a lease to remain in the home called a Deed for Lease.
The endeavor is targeted at borrowers with mortgages owned or guaranteed by Fannie Mae who do not qualify for or can not get a loan modification. Borrowers must live in the home as their primary residence and must be released from any secondary liens.
We believe this if successful could reduced the onslaught of Fannie Mae owned homes hitting the market, 
however only time will tell if will work…
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 | 41 |
|
|||
| Back on Market | 7 |
|
|||
| Price Increases | 3 |
|
|||
| Price Reductions | 12 |
|
|||
| Pendings | 40 |
|
|||
| Solds | 25 |
|
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| Expireds | 8 |
|
|||
| Inactives | 13 |
|
Month to Date and Projected open Escrows*
| Total Active | 1,104 | |
| Total Active Core Area | 727 Under 700 Nov 6 '09 | |
| Total Active REO's | 171 - 9 added | |
| Total Short Paids | 256 - 4 added | Pre-foreclosures |
| Pending MTD/Projected | 318 / 561 | |
| Sold MTD | 226 | Projected - 399 - With 71.1% closing Rate |
| Sold Last Month | 549 | Solds are down 27.4% 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/.
(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.
Friday the 13th, not such a scary day… Homes sales are steady and we believe we have turned the corner in the greater Antelope Valley.
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 | 33 |
|
|||
| Back on Market | 5 |
|
|||
| Price Increases | 1 |
|
|||
| Price Reductions | 13 |
|
|||
| Pendings | 23 |
|
|||
| Solds | 18 |
|
|||
| Expireds | 6 |
|
|||
| Inactives | 3 |
|
Month to Date and Projected open Escrows*
| Total Active | 1,091 | |
| Total Active Core Area | 719 Under 700 Nov 6 '09 | |
| Total Active REO's | 168 - 6 added | |
| Total Short Paids | 254 - 4 added | Pre-foreclosures |
| Pending MTD/Projected | 259 / 598 | |
| Sold MTD | 162 | Projected - 374 - With 62.5% closing Rate |
| Sold Last Month | 549 | Solds are down 31.9% 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/.
(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.
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Certified Short Sale Professional Real Estate Agents, Pre-Foreclosure, Palmdale & Lancaster California. DRE - Janet 01367311 Richard 01737966
Keller Williams Realty AV
A home is likely to be the most valuable investment of your life. For you to have some knowledge of who we are, the following is a brief resume that we offer as an introduction. We sincerely hope it allows you to be more at ease in choosing the O'Brian Team as your real estate professionals.
Both of us had gotten into the real estate business several years ago. Our primary goal is to help people realize their dream of home ownership. Both of us were driven to the real estate business after changes in our careers.
For over 20 years Janet had a career in the legal field providing help to many people going through domestic troubles. Janet enjoyed her legal career tremendously being able to help people through extremely emotional and life changing circumstances. After working with attorneys as a paralegal for most of Janet's career she then opened her own office providing legal assistance to individuals. Due to a change in legal bureaucracy and the economics of clients, Janet felt she needed a change but still had a strong desire to help people.
Richard has been into computers for the last 25 years. His last career was with Prudential Financial as a computer analyst providing company reports and help throughout Prudential nationally. Prudential had relocated the department out of state. We had decided that it was now a good time to change careers. We wanted to stay in the Antelope Valley and both work in real estate. As Janet is already an established agent, we thought it would be a perfect opportunity to build a career together.
We have resided in the Antelope Valley for over 16 years with our children (dogs, Murphy, Honey and Bree). We are both animal lovers and every dog, cat, hamster (you name it) over our 30+ years of marriage have all been our "children." We have made the Antelope Valley our home because of its wide open spaces, clean air and close community. Over recent years we have seen a great change and look forward to the upcoming future of our community. We believe that the Antelope Valley has many amenities to offer its community as well as a wonderful economic future. We look forward to assisting residents in the Antelope Valley achieve their dreams of homeownership. Our goal has always been "a good life for my customers and good customers for life!"
With the support of great people like you, we hope to become well-known real estate professionals for you, your friends and family. We are both dedicated to achieving the best customer service for our clients. We owe all our successes to people like you! We have always had the conviction that you treat people the way you want to be treated. Throughout our lives together we have always been "helpers" and only wish to continue helping people achieve their dreams.
Thank you in advance for giving us the opportunity to work for you. We assure you that you will not find more compassionate real estate professionals anywhere.
Please feel free to call me at 661-733-0507 or Janet at 661-733-0508 or email me at richardobrian@KW.com or Janet janetobrian@kw.com today or visit our website http://www.homesbyjr.com/ http://ShortSaleByJR.com.
Thanks again for choosing us as your real estate source!
Customer Service: To provide the best service for our clients before, during and after a transaction.
Communication: Information is the key to effectively making the right decision. Buying or selling you must know what's going on. We'll keep you informed every step of the way using all of the current technologies as well as the tried and true methods.
Financing Options: Understanding the financial concerns of buying or selling your home can be baffling. We will assist you in determining which options are best and how to protect your interest and help mitigate any risk.
The Best Negotiating: A key and most important talents to look for in your agents. We are some of the best negotiators you will find in the business. I've worked for Fortune 50 company and Janet has been in the legal field for over 25 years. Our promise to you is to provide the Best service you'll ever have!!
How can you change perfection; not only did you list my house, you had the carpets and the home cleaned and you helped to empty the rest of the contents!
I feel you and Janet did everything perfectly. It was hard to sell the house because I wasn't prepared. You got me prepared and found a buyer. I couldn't be happier. Thanks so much!!!
Thanks for everything, John Wilson
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The WOW is an excellent resource for buyers that want to be actively involved in the search for their new home and at the same time receive timely advice from an experienced, Top Producing Agent!. In addition to the professional services our customers receive from our real estate team; the WOW allows them to customize and control their own property searches. They can even choose to receive immediate email notification, allowing them to view listings up to 48 hours before they appear on MLS.ca and with much greater detail. It's a win/win situation. I can be more helpful by answering better questions from a more informed buyer on a timely basis.
Geoff Wills - West Coast Realty - Hollywood CA .
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Our buyers love the competitive edge that the WOW gives them. Not only do you have the information up to 2 days ahead of most buyers, you also have much more information and detail. Some of the extras include the date when the property as listed, any changes in price, tax information, detailed room sizes and much more. Having current detailed information is a distinct advantage for anyone looking for a home in any market. In a market we have been currently experiencing it may make the difference in finding your dream home or settling for second best.
Don Jones - Brookside Realty - Maple Ridge, CA
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