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Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley October 15, 2010
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley October 15, 2010
The Banks add insult to their free lending that started the entire mortgaged meltdown with the recent robo-signing scandal. However this could be a real opportunity for short sale.  With the pending court-ordered freezes on foreclosures within all 50 states the banks might see Shot Sales as a better way to handle the volume of foreclosed properties that may be entering the market after the robo-signing scandal is resolved.   It stands to reason that banks will be more willing than ever before to negotiate short sales…  California however, might not see a real drop-off of bank owned properties; lenders in California must still comply with other legally required procedures for non-judicial foreclosures.

Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Stop-foreclosure


Absorption Rate*
Current Month 3.4 Months
At Last Months Rate 5.9 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 ... more

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