Confused about whether lawmakers will extend the $8,000 first-time?  There appears to be a compromise arrangement that is somewhere between the most and least generous ideas that have been discussed so far.

A top financial policy analyst said “There is bipartisan compromise to extend the credit through spring and expand it to existing homeowners who are stepping up to a different home.”

The latest idea under discussion is a credit worth up to $8,000 for first-time homebuyers and up to $6,500 for homeowners looking to trade up to a bigger primary residence and who have already lived in their current home for five years!!!

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

                        Monthend Numbers

               October '09            September '09          August '09 
Listed           659                             701                           691
Pending        593                             725                           564
Sold             549                             564                           621


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 38  
Back on Market 2  
Price Increases 4  
Price Reductions 10  
Pendings 36  
Solds 32  
Expireds 3  
Inactives 4  


Month to Date and Projected open Escrows*

Total Active   1,083  
Total Active Core Area      711  
Total Active REO's      164  
Total Short Paids      246 Pre-foreclosures 
     
Pending MTD/Projected       77  / 578
     
Sold MTD      38 Projected - 230 - With 49.9% closing
Sold Last Month      549 Solds are xxxx from last month


Absorption Rate*

Current Month 1.3 Months
At Last Months Rate 1.4 Months

Historical High 5300+ Mid 2007

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/

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.

Richard & Janet - Certified Short Sale Professional Realtors
661-733-0507 OR 733-0508
Keller Williams Reality AV Serving Palmdale, Lancaster in California
www.HomesByJR.com
www.ShortSaleByJR.com

 
This post has been included in California Information Los Angeles County, CA Information Palmdale, CA Information
Post is included in group: Realtors®
Post is included in group: Posts to Localism
Post is included in group: Keller Williams 'Rainers

1 Comments on Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley November 4 '09

DEC
04
102,274 Points

Richard, what a great follow up to my, more broader statisitcs. You obviously spend quite some time compiling these information every day. I try to follow your posts on a regular basis, it's just that I don't comment back like I should. Good to see you guys are making good use of Active Rain also.

You can see my stats at http://activerain.com/dgockel or follow me on twitter at www.twitter.com/dongockel or check out my new website at www.homes-on-the-web.com

Don

12:51pm • #1

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Richard & Janet OBrian - Short Sales Specialist Palmdale

Palmdale, CA

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Keller Williams Realty AV

Address: 1401 West Rancho Vista Blvd, Suite B, Palmdale, CA, 93551

Office Phone: (661) 733-0508

Cell Phone: (661) 733-0507

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