Special offer

Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley August 19 2009

By
Real Estate Agent with Home Based Realty 01737966/01367311
Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley August 19 2009
Short Sales, Short Paid or Pre-foreclosures by another name is the new game.  Home owners are under increasing pressure as loans re-rate and their monthly payment becomes too much to handle.  If you are in this situation DO NOT pay up-front for a loan modification period. There are a lot of scams out there.  Contact your bank and talk to them yourself they really want to help its better for them and you.  If you can’t workout the trouble and selling you home is the another option you should find a Certified Short Sales Specialist who is familiar with the pitfalls and can guide you through the entire process.

Janet O'Brian is a Certified Short Sales Specialist and is ready to help you with your situation…
Pre-foreclosures 

July '09 Monthend Numbers:
Listed....... 721
Pending.... 690
Sold......... 715

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 51  
Back on Market 5  
Price Increases 2  
Price Reductions 12  
Pendings 42  
Solds 40  
Expireds 6  
Inactives 9  

Month to Date and Projected open Escrows*
Total Active   1,125  
Total Active Core Area      763  
Total Active REO's      198   
Total Short Paids      298  
   
Pending MTD/Projected      431 /  703

Absorption Rate*

Current Month 1.2 Months
At Last Months Rate 2.0 Months

Historical High 5300+ Mid 2007

Team O'Brian 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/

Janet O'Brian is a Certified Short Sales Specialist and is ready to help you with your situation please visit her web-site.

                                         (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.

Posted by

Richard

Comments(0)