Real estate blog entries tagged with palmdale lancaster ana verde ritter ranch quartz hill leona valley lake hughes lake elizabeth by Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA (Home Based Realty)

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palmdale lancaster ana verde ritter ranch quartz hill leona valley lake hughes lake elizabeth: Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley February 19 - 2010 - 02/19/10 03:49 AM

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley February 19 - 2010
Let me take a moment to discuss the News, mainly the real estate news the stuff we read in the paper and see on TV. Most of these stories are taking a national overview and are not a good source to make decision locally. To understand what I’m getting at I like this analogy: The average world temperature runs about 85 degrees, is it always 85 degrees where you live? No. This is why so many buyers and sellers have trouble making an informed decision; … (0 comments)

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley February 18 - 2010Days on the market (DOM) is a great indicator of the current trend within your local real estate market. Days on the market show buyer appetite the longer a home is on the market the less appetite; you can breakdown the DOM by price as well. Typically the more the price the longer a home will sit on the market waiting for that high-end buyer. Another indictor is price (of course), combined with DOM you can see the price trend, in the Antelope Valley, Palmdale Lancaster … (0 comments)

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley February 17 - 2010
Palmdale and Lancaster were one of the first areas in southern California to be inundated with bank owned properties. We are now moving into a new market (Short Sale) as the government’s (HAFA) Home Affordable Foreclosure Alternatives program officially launches April 5, 2010. The program allows the borrower to get a preapproved short sale terms (pricing) among other terms before the property is listed and will frees them from future liability for the debt. Moreover, servicers using the program are prohibited from requiring a reduction … (0 comments)

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley February 16 - 2010
National Association of Realtors® has a Short Sale designation and Janet was able to attend today. Over 125 local Realtors® where in attendance, the many speakers kept coming to a common theme, Short Sale are here and are going to grab more of the market this year and will continue for the next 2 years or more. With the new government involvement banks are getting on board or will be left behind. If you are facing foreclosure, behind on your payments, been hit with medical … (0 comments)

palmdale lancaster ana verde ritter ranch quartz hill leona valley lake hughes lake elizabeth: Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley February 14-15 - 2010 - 02/15/10 03:37 AM

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley February 14-15 - 2010
Palmdale and Lancaster California are on the cutting edge when it comes to solar-power. Currently there are more the 5 new solar-power projects in the planning phase. Once these projects get off the ground more jobs will be coming into the area. If you are looking to move into the high desert you should consult a REALTOR®.
Keller Williams Realty AV Ranked #1 in the Antelope Valley

Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your … (0 comments)

Alert Con Artist Warning for Home Equity Conversion Loans
The government has issued a warning for those interested in Home Equity Conversion Loans commonly known in the real estate/mortgage business as HECM loan. Increased awareness of HECM loans for either conventional or FHA guaranteed loans the government has seen an uptick in deceiving buyers. Real FHA HECM loans offer to buyers are intended to add safety with stricter controls and licensing requirements for FHA approved lenders, but some con artist operate outside the range of FHA rules that are there to protect the borrower.
Reverse mortgage and HECM con artist are … (0 comments)

For the last 2 years our business focus has been on Short Sales and have successfully negotiated for our clients deals that create Win-Win situations. Let us be your advocates who will explain the plain truth about this challenging Real Estate Market. Let our knowledge, experience and expertise guide you through the Short Sale process. Together we have adapted to these changes by increasing education and becoming: • PSC (Pre-Foreclosure Specialist Certified) • CPS (Certified Short-Sale Professional) • Top Producers. Our superior negotiation skills come from a background in sales over the last 20+ years. Our goal is your satisfaction from … (0 comments)

Short Sale vs. Foreclosure: Which is the Better Option?
Losing your home to foreclosure due to an inability to keep up with your monthly mortgage payments is one of life’s most unpleasant experiences. It is also an event that keeps on affecting you long after your home is history by devastating your credit score. Regrettably, most people cannot be 100% sure that they will remain safe from foreclosure because they can’t foresee the unexpected. Occurrences such as serious illness, a major accident, divorce or job loss can happen to anyone. So it’s a good idea to understand the available alternatives should … (0 comments)

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley February 8 - 2010
Lancaster California Main Street is getting a 10 million dollar makeover. Downtown Lancaster Boulevard’s beautifications is planned to start in March and run through October. With a 10 million dollar bank roll more jobs will be coming into the Lancaster area.
Keller Williams Realty AV Ranked #1 in the Antelope Valley

Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Pre-foreclosures … (0 comments)

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley February 5 - 2010
For the first time in two years active resale home in the greater Antelope Valley is above 1,300, with active core over 900. Banks seem to be releasing some of their stockpile of REOs. Short Sale are keeping pace with the REOs at present.
With the First time buyer ($8,000) and repeater ($6,500) tax credit being extended through the end of April now is the time to make the jump and buy.
Heard on NPR “In the days before the housing crisis, the … (0 comments)

Palmdale Regional Medical Center is nearing completion and is to open in 2010. Bring hundreds of high paying medical jobs into the area, the 100 million Regional Medical Center the project started in 2005 and will provide over 230 licensed patient beds when operating at full capacity. Furthermore the Palmdale Regional Medical Center will have 24-Hour Emergency Department with 35 treatment bays.
Keller Williams Realty AV Ranked #1 in the Antelope Valley Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Pre-foreclosures
… (0 comments)

palmdale lancaster ana verde ritter ranch quartz hill leona valley lake hughes lake elizabeth: Short Sale out Pacing Bank Owned in Palmdale, Lancaster California - 02/04/10 03:03 AM

January numbers are in without any surprises. We did see a small holiday affecting the pace of closed transactions, however new escrows out paced December '09. Buyer appetite is strong even with new FHA rules coming into play. The big change in the Palmdale, Lancaster real estate market for 2010 is Short Sales are out pacing bank owned (REO). REO's are running 26% of the core area, while Shore Sales are 30% and with "normal listing" at 44% of the total. We are projecting Short Sales will be 35% and REO's holding at 28% by spring.Keller Williams Realty AV Ranked #1 … (2 comments)

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley February 3 - 2010

January numbers are in without any surprises. We did see a small holiday affecting the pace of closed transactions, however new escrows out paced December ’09. Buyer appetite is strong even with new FHA rules coming into play.

The big change in the Palmdale, Lancaster real estate market for 2010 is Short Sales are out pacing bank owned (REO). REO’s are running 26% of the core area, while Shore Sales are 30% and with “normal listing” at 44% of the total. We … (0 comments)

palmdale lancaster ana verde ritter ranch quartz hill leona valley lake hughes lake elizabeth: Alert Loan Mod Scams are Popping up More and More these Days - 02/03/10 04:36 AM

Alert Loan Mod Scams are popping up more and more these days and some are even trapping REALTORS & victimizing some for the second time. If you're facing foreclosure, check out your options first. Find out if there is an upfront fee for the loan modification if there is, be cautious, also get a good faith estimate of you monthly payment. How long the new monthly payments will last and if there are and rerating or change of the any of the loan terms sometime in the future.
Another options is selling short also known as a pre-foreclosure sale, a short … (0 comments)

palmdale lancaster ana verde ritter ranch quartz hill leona valley lake hughes lake elizabeth: Looking for a Change? - 01/29/10 04:00 AM

Keller Williams Realty AV (Antelope Valley) in the Palmdale, Lancaster area has for the 5th straight year has lead the entire Antelope Valley with sold and customer satisfaction period. Keller Williams Realty AV (Antelope Valley) has the most active professional realty agents of any realty office in the Antelope Valley. Keller Williams Realty AV (Antelope Valley) has beaten out all other Keller Williams offices nation wide in profit sharing for 2009! If you are looking to make a move Keller Williams might just be the right place to start! Richard & Janet - Certified Short Sale Professional Realtors 661-733-0507 OR 733-0508 … (1 comments)

Alert Loan Mod Scams are popping up more and more these days and some are even trapping REALTORS & victimizing some for the second time. If you’re facing foreclosure, check out your options first. Find out if there is an upfront fee for the loan modification if there is, be cautious, also get a good faith estimate of you monthly payment. How long the new monthly payments will last and if there are and rerating or change of the any of the loan terms sometime in the future.
Another options is selling short also known as a pre-foreclosure sale, a … (0 comments)

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley January 27 - 2010
Keller Williams Realty AV (Antelope Valley) in the Palmdale, Lancaster area has for the 5th straight year has lead the entire Antelope Valley with sold and customer satisfaction period. Keller Williams Realty AV (Antelope Valley) has the most active professional realty agents of any realty office in the Antelope Valley. Keller Williams Realty AV (Antelope Valley) has beaten out all other Keller Williams offices nation wide in profit sharing for 2009! If you are looking to make a move Keller Williams might just be the … (0 comments)

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley January 26 2010

Why does my property have negative equity? Here are a few common reasons:

Person bought at the height of the market and the market has now declined or paid more than the property was worth.
The area has become less desirable for any number of reasons, so property values have declined.
Person purchased the home with little or no money down and wants to sell within a few years of purchase… and the property value has not increased during that time. Therefore, … (0 comments)

Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley January 22 2010
Palmdale, Lancaster are in the News, Rain and Snow has hit the high desert with a series of winter storms not seen in years. The Water pours over the spillway at Littlerock Dam Thursday making its way to a nearby road. Overflow of Littlerock Reservoir resulted from the daily rainstorms that pounded the Antelope Valley and all of So Cal this week. Water district officials count on the reservoir to meet their customers’ water demands. And were pleased with weather conditions after 3 years of drought … (0 comments)

Short Sale, or in the business it called taking a haircut. In other words the bank agrees to take less than the balance of the loan. The process can be complicated and confusing as there are requirements the banks have, and these requirements differ from bank to bank, so having a Certified Short Sale Professional working for you is a must…
Keller Williams Realty AV Ranked #1 in the Antelope Valley Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Pre-foreclosures
… (0 comments)

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