Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 13, 2012.
National Mortgage Settlement, What this means to you.

Homeowners in need of a loan modification including first and second lien principal reduction if they qualify could see their principal cut by around $20,000.  The servicers have up to $17 billion in principal reduction and other forms of loan modification relief nationwide.  And with only these banks participating Ally/GMAC, Bank of America, Citi, JPMorgan Chase and Wells Fargo your loan must be with one of them and not owned by Fannie Mae or Freddie Mac to participate in the program.

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.

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

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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%

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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.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 10, 2012.
PALMDALE - The City of Palmdale’s South Antelope Valley Emergency Services (SAVES) food and shelter program received a generous donation of $10,000 from Yard House restaurants as part of the Round It Up America® program. The check was presented by Yard House Manager Gil Vance and accepted by SAVES Coordinator Patricia Morales, and Palmdale Mayor Jim Ledford.  Yard House corporate donated $5,000 and the Palmdale Yard House matched it bringing the total to $10,000.

“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.”

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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%

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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.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 9, 2012.
The Federal Housing Finance Agency (FHFA) announced the first step of a Real-Estate Owned (REO) Initiative targeted at the hardest-hit metropolitan areas announced in August 2011. Investors interested in participating may "pre-qualify" to establish eligibility to bid on transactions in the initial pilot phase as well as subsequent phases.

The REO Initiative will allow qualified investors to purchase pools of foreclosed properties with the requirement to rent the purchased properties for a specified number of years. This rental period could provide relief for local housing markets that continue to be depressed by the volume of foreclosed properties, and provide additional rental options to certain markets. Prequalification ensures investors will have the financial capacity and operational expertise to manage properties in a way that is conducive to the stabilization of communities hard hit by the by the housing downturn.

During the pilot phase, Fannie Mae will offer for sale pools of various types of assets including rental properties, vacant properties and non-performing loans with a focus on the hardest-hit areas. The first transaction will be announced in the near-term.

California’s housing market is unique.  California has an extremely low REO inventory where REO sales are getting top dollar in multiple offer situations.  On average, REOs are sold are sold in less than 60 days.  Bulk sales in California not only would have a negative impact on home prices, but would also push down home values for existing homeowners in those communities.  C.A.R. is asking that the Federal Housing Finance Agency, Dept. of Treasury, and Dept. of Housing and Urban Development consider this program only in areas where REO inventory is abundant and selling in bulk makes sense.

 

We support C.A.R. in fighting this Fannie Mae.

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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%

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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.

JPMorgan Chase & Co. (JPM), Wells Fargo & Co., Citigroup Inc., Ally Financial Inc. and Bank of America Corp. are seeing the light now paying big bucks to Homeowners to Avoid Foreclosure, with a Short Sale…

Recently, BoA sent out letters to over 19,000 Florida homeowners as part of a pilot program. The program is offering incentives of as much as $20,000, or 5 percent of the unpaid loan balance, BoA spokesperson, said in an e-mail. The program expired in December and the Charlotte, North Carolina-based bank hasn’t decided whether to introduce it in other states, she said. About 15 percent of the homeowners agreed to participate in the program, she said. 

It seems that the size of the payment may have little or nothing to do with sales price. JPMorgan gave one Phoenix homeowner $20,000 after she sold her property in June for $32,000, according to thee real estate agent who represented the seller and shared a copy of the settlement sheet with News agency. The bank also agreed to forgive more than $70,000 in debt, she said.

It appears that the robo-signing scandal is pushing banks to look closer at the short sale being a better alternative to foreclosures.  Banks have decided the short sales are faster and less costly than foreclosures, which have slowed in response to regulatory probes of abusive practices like robo-signing scandal. Banks are nudging potential sellers by pre-approving deals, streamlining the closing process, forgoing their right to pursue unpaid debt and in some cases providing large cash incentives.

We are looking into the where and hows...

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 8, 2012.
The Palmdale Playhouse will hold open auditions for the upcoming Enhanced Readers Theatre “The Triangle Factory Fire Project” on Friday, February 10 at 6 pm, and on Saturday, February 11 at 10 am at the Palmdale Playhouse, 38334 10th Street East in Palmdale.

Roles are available for five men and four females each playing multiple parts. Performers should be prepared to read sides from the scripts, which will be provided at the audition.

Saturday, March 25, 1911, 4:45 pm. In the Triangle Waist Factory off downtown Manhattan’s Washington Square – where 500 immigrant workers toil fourteen-hour days making lady’s dresses – a cigarette is tossed into a bin of fabric scraps. Despite desperate efforts, flames sweep through floors 8-10. Panic-stricken workers run in all directions. On the ninth floor, some make it to the fire escape, only to have it collapse beneath their weight. Dozens leap from windows to their deaths. In the space of twenty-eight minutes, the fire is under control, but 146 people, mainly young immigrant girls, have died. The Triangle Factory Fire Project uses eyewitness accounts and other archival material to create a dramatic moment-by-moment account of this historic fire and the social upheaval that followed.

The drama will be directed by M. Steven Felty. Performances will be Saturday, March 24 at 7:30 pm and Sunday, March 25 at 2 pm.

All Palmdale Playhouse events may be purchased 24 hours a day on the Playhouse Web site at www.cityofpalmdale.org/playhouse.

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

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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%

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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.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Feb 1, 2012.
January saw a drop in inventory in the Antelope Valley with only 1,500 Single Family homes listed and a bit more then 1,000 in the core area.  Activity has been good with only sold not betting December’s numbers. If reason holds and that is a big if prices should start to rise in the short term as inventory dips.  We do have a small amount of bank-owned homes staged to move into the market however the quantity making a small impact.

So in the Antelope Valley, Palmdale Lancaster area in Los Angeles County the worst is over and short sales dominate.  REO’s are all but dead, Traditional Sale are sitting in the wings…

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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%

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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.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Dec 31, 2011.
So we are saying so long to 2011 the year of the Short Sale, and what a year it was.  Equator from Bank of America was going to make our life easer, faster well not actually. Short Sales are running at 45+% of our local market and we believe will continue for the next 3 maybe 4 years.  Bank owned homes (REO) are around 20% and there is still talk of the shadow inventory then Bank’s are holding onto and going to dump onto the market.  We have heard this for years now and believe you me we are NOT going to see any big release any time soon.   

We had a good 2011 both personally and business wise and we are looking forward to 2012 to be even better, however with some bumps along way as the economy recovers.  The Antelope Valley is seeing a genuine uptick in the economy with new businesses coming into the area, the power plant and the spaceport in Mojave to name a few. 

2012 looks to be an exciting year with the upcoming election, and the end of the Mayan calendar who knows? See you all next year!

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

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Monthend Numbers
	Dec	Nov	Oct	Sep	Aug	July	June	May	Apr	Mar	Feb	Jan '11	Dec
Listed	599	732	797	813	679	631	646	620	561	690	443	550	555
Pending	522	572	568	585	542	468	502	518	487	504	414	392	402
Sold	476	467	557	545	413	369	392	374	384	389	299	297	422
% CHG Month over Month
Listed		-22.2%	-8.9%	-2.0%	16.5%	7.1%	-2.4%	4.0%	9.5%	-23.0%	35.8%	-24.2%	-0.9%
Pending		-9.6%	0.7%	-3.0%	7.4%	13.7%	-7.3%	-3.2%	6.0%	-3.5%	17.9%	5.3%	-2.6%
Sold		1.9%	-19.3%	2.2%	24.2%	10.7%	-6.2%	4.6%	-2.7%	-1.3%	23.1%	0.7%	-42.1%
% CHG Current Month over Same Month Last Year
Listed	7.3%	20.9%	32.1%	21.0%	-1.9%	-7.0%	-2.0%	-0.6%	-27.6%	-6.1%	-57.3%	-25.6%	-7.7%
Pending	23.0%	27.3%	32.7%	9.4%	8.3%	-1.5%	-15.3%	5.4%	-43.3%	-34.3%	-50.5%	-41.8%	-26.1%
Sold	11.3%	25.5%	38.8%	10.8%	9.0%	-11.7%	-19.6%	-11.5%	14.8%	-31.6%	-21.1%	-24.2%	-22.5%

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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.

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley Oct 25, 2011.
The Antelope Valley is moving closer to the wild winter weather, and making open house even more of a challenge.  Buyers are in for some real bargains as prices are holding for the most part.  On a lighter note Lancaster Blvd, is the place to be Saturday, October 29th, from 5-9 p.m.  Lancaster will be hosting a family friendly affair that provides you with a good time without terrifying your budget.

Trick or Treat with The BLVD merchants from 5-7 p.m.

• Experience the return of our spectacular tribute to Michael Jackson's hit "Thriller"
• Spooky entertainment by the "Fright Night Singers"
• Spine tingling tours near the Western Hotel Museum and Cedar Center (not for the faint of heart)
• Pumpkin carving, hayrides, (not-too) scary movies
• Carnival games, pumpkin decorating and much more
• Harvest Festival and delicious food from local vendors and BLVD restaurants

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

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Monthend Numbers
	Sep	Aug	July	June	May	Apr	Mar	Feb	Jan '11	Dec	Nov	Oct
Listed	813	679	631	646	620	561	690	443	550	555	579	541
Pending	585	542	468	502	518	487	504	414	392	402	416	382
Sold	545	413	369	392	374	384	389	299	297	422	348	341
% CHG Month over Month
Listed		16.5%	7.1%	-2.4%	4.0%	9.5%	-23.0%	35.8%	-24.2%	-0.9%	-4.3%	6.6%
Pending		7.4%	13.7%	-7.3%	-3.2%	6.0%	-3.5%	17.9%	5.3%	-2.6%	-3.5%	8.2%
Sold		24.2%	10.7%	-6.2%	4.6%	-2.7%	-1.3%	23.1%	0.7%	-42.1%	17.5%	2.0%
% CHG Current Month over Same Month Last Year
Listed	21.0%	-1.9%	-7.0%	-2.0%	-0.6%	-27.6%	-6.1%	-57.3%	-25.6%	-7.7%	-30.6%	-21.8%
Pending	9.4%	8.3%	-1.5%	-15.3%	5.4%	-43.3%	-34.3%	-50.5%	-41.8%	-26.1%	-60.3%	-55.2%
Sold	10.8%	9.0%	-11.7%	-19.6%	-11.5%	14.8%	-31.6%	-21.1%	-24.2%	-22.5%	-62.4%	-61.0%

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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.