pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley May 20 - 2010
- 05/20/10 05:04 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley May 20 - 2010You may have heard or seen a report on a new flood of foreclosures coming. The data is showing owners have miss at lest one mortgage payment in the first quarter of 2010. There’re assuming these folks are going into foreclosure in the months to come, we beg to differ, we believe these “one missed payment” borrowers are actually being told by the bank to do so albeit indirectly. The home owner for whatever reason is working hard to make there payment and can’t they have tried … (0 comments)
Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.
Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Pre-foreclosures
Absorption Rate* Current Month 1.7 Months At Last Months Rate 2.4 Months
Historical High Active Listing - 5300+ Mid 2007 - Within the last 3 years our Low Active Listing were under 700 Richard & Janet O'Brian Real Estate … (0 comments)
Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.
Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Pre-foreclosures
Absorption Rate* Current Month 1.7 Months At Last Months Rate 2.4 Months
Historical High Active Listing - 5300+ Mid 2007 - Within the last 3 years our Low Active Listing were under 700 Richard & Janet O'Brian Real Estate Agents … (1 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley May 11 - 2010
- 05/11/10 05:25 PM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley May 11 - 2010 The trend in the Antelope Valley Palmdale, Lancaster area is Short Sales. As more and more sellers are looking to get out from under they are talking the short sale option. The mix of homes for sale in the Antelope Valley has shown a steady rise in short sales and declining bank owned properties. Buyers are having a better time buying short sales as banks are moving the process with improvements is almost are phase. Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to … (1 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley May 10 - 2010
- 05/10/10 04:41 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley May 10 - 2010The recovery looks to be real as new building starts in the Antelope Valley. Over 1,000 permits have been pulled up by over 400 compared to last year. Projections for new housing starts shown as many as 2,000 more might be added by next year. New housing by major builders is a great indicator for the next 9 to 12 moths, as new homes are added construction jobs are created… Lancaster blvd remodeling project, starts phase two and is starting to look like the place to be … (2 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley May 5 - 2010
- 05/05/10 04:34 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley May 5 - 2010We have found that when submitting your complete short sale package to a bank it make easer if you include a “cover sheet” for each section of documents you are sending. (i.e.: paystubs, bank statements, taxes, purchase agreement, etc.) Cover sheets simply state the document that will follow in large bold type in the center of a blank page. They help to organize the package and present the documents more clearly to the negotiator. Often times some documents are overlooked because they get lost in the middle … (3 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 29 - 2010
- 05/02/10 05:22 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 29 - 2010 The appraisal process often puzzles buyers and seller alike. They may feel that their home is worth more the appraised assessment doesn't make much sense to them. The appraiser is entirely independent from the buyers, sellers, lenders and real estate agents. The guidelines to which they hold fast to are dictated by the Uniform Standards of Professional Appraisal Practice (USPAP) and Fannie Mae. The mortgage lenders must disclose the purpose of the appraisal in most states: as each transaction has its own set of rules. These … (1 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 28 - 2010
- 04/28/10 03:47 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 28 - 2010It was a better week for the real estate market in Palmdale and Lancaster and the generally entire economy. The Federal Reserve Board chairman Bernanke reiterated the Fed’s commitment to keep short-term interest rates low for some now and suggested that rates will not more higher for awhile. He added some caution about the recovery; Bernanke suggested there are some reservations about inflation coming into play. The stock markets rose on these words, while Treasury security yields edged higher. On the new building starts the National Association … (0 comments)
pre foreclosures: How will the Short Sale affect my credit?
- 04/27/10 05:03 AM
When you are looking to sell you home and you need to sell for less then you owe you are selling Short. In the Real Estate business the term is called "Short Sale" or "Short Pay" and "Pre-foreclosure". In the short sale scenario, the bank agrees to accept less than the full balance due on the debt, and usually ‘forgives' all or a large portion of the difference. However depending on you individual circumstances the bank might request you to bring something to the table. How will the Short Sale affect my credit?Short Sales are still a relatively new concept. Banks … (1 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 27 - 2010
- 04/27/10 04:59 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 27 - 2010 Retail comes to Palmdale, Macy's department store will be opening in the Antelope Valley Mall slated to start off the Christmas shopping season this year. Macy’s will be newest anchor and will takeover a large part of the vacant store in the mall. With the fashionable retailer selecting Palmdale and the Antelope Valley as a new location this is another positive move to the valley!
Keller Williams Realty AV Ranked #1 in the Antelope Valley 661.733.0508 to list your home.
Janet O'Brian is a … (0 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 22 - 2010
- 04/22/10 06:47 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 22 - 2010 Home owners are under pressure to sell their homes in a short sale are getting relief, in part to the federal government's Home Affordable Foreclosure Alternatives, or HAFA, program. Before many short sales where the lender accepts the sale of the property for less than the full amount owed took months to finish. With the complexity and length of process many were unsuccessful and ended in foreclosure. HAFA is smoothing out the short sale rules and adds incentives to the borrowers and lenders thus avoiding foreclosure. … (0 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 8 - 2010
- 04/08/10 07:31 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 8 - 2010 Buyers are under constant bombardment by Real Estate news that may be correct or misleading or completely wrong. Buyer with erroneous information on current market conditions drive around looking for yard signs and have mistaken beliefs. I never pay over list price! In our current market you’ll be our bid almost every time as prices are moving up and savvy buyers know and need to offer more than the list price. Having a buyer agent who know the current market values is key to making the … (0 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 6 - 2010
- 04/06/10 09:41 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley April 6 - 2010 Short sales are the NEW market with HAFA a government program from the Home Affordable Foreclosure Alternative designed to help homeowners sell their home via a short sale when a loan modification will not work. Although the program was started in Nov 09 it formally began the 5th of April and stops Dec 31, ‘12. Experts say that if the program is successful, it will probably be extended and the terms may be revised for more to qualify
Keller Williams Realty AV Ranked #1 … (0 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Match 30 - 2010
- 03/30/10 10:47 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Match 30 - 2010 The Antelope Valley Palmdale and Lancaster areas in the high desert are seeing prices moving up daily. We listed a nice home on the eastside of Palmdale at 110,000 and have gotten offers well over that within the first few days. Buyers are moving into the market with vigor as prices move higher and available inventory at all time lows. Buyers are willing and ready but with few homes to choose some frustration is starting to appear. If you are looking to buy a home in … (0 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Match 18 - 2010
- 03/18/10 04:14 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Match 18 - 2010We all are hearing how foreclosures are taking over, that may not be the truth anymore. Foreclosures decreased 2% in February compared with January. Foreclosure filings were reported on over 300K properties in February. A 2% decrease compared with January, but up 6 percent compared with February 2009 but not in the Antelope Valley we are way down. Foreclosure activity in California decreased almost 5% in February compared with January and was down 15 percent compared with February 2009. One in every 195 housing units in … (2 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Match 16 - 2010
- 03/16/10 04:55 PM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Match 16 - 2010So it happen at last REALORS® are making FaceBook friends upset. We all got a blast from one of our friends calling us boring, doing too much advertising. Well I agree to a point. Being in business we are using all the resources we can you to the best job for our clients. I for one will refrain from over doing it but, we all post stuff to FaceBook that all of us might not like. That’s my beef on social media. As for the current … (2 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Match 10 - 2010
- 03/10/10 02:55 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Match 10 - 2010 The City of Lancaster broke ground yesterday on The BLVD Transformation Project the massive endeavor to refresh Lancaster blvd and surrounding downtown area. The project will revamp the blvd into a 2 lane, pedestrian friendly walkway become a major arts, shopping, entertainment, and eating destination. The BLVD Transformation Project was initiated by the Downtown Specific Plan, which was approved by the City Council in late 2007. The project encompasses Lancaster Boulevard between 10th Street West and Sierra Highway, and from The BLVD to Kettering Street on … (0 comments)
pre foreclosures: Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Match 9 - 2010
- 03/09/10 03:47 AM
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley Match 9 - 2010 Homes are coming on to the market daily in the Antelope Valley, Palmdale, and Lancaster area with renewed frenzy. Short Sale and bank owned as well as normal sales. Prices have leveled off and for the first time in 3 years have gone up over all. February 2010 homes prices were 2.6% higher than February 2009! The Antelope Valley has made turned corner and is headed for recovery. In recent posts I have outlined the fact that the Antelope Valley , Palmdale, Lancaster cities are growing … (0 comments)
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