Palmdale files suet against high-speed rail authority regarding Grapevine study. Palmdale city officials made good on its threat to sue the High-Speed Rail Authority of California regarding an abstract study which route would be better Grapevine or through the Antelope Valley.
The city's lawsuit contests that the rail authority cannot redirect federal grant money ($700,000) and state bond money to re-examine an earlier announced decision to build through Antelope Valley. In an earlier study the Rail authority board members had abandoned the Grapevine route in 2005 after determining that it had too many engineering issues to overcome. However lately engineers working for the rail authority discover the Antelope Valley route had considerable construction challenges of it own. Like crossing the California Aqueduct and a possible reworking the dam at Lake Palmdale and tunneling than was previously outlined.
Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale
| Monthend Numbers | |||||||||||||
| June | May | Apr | Mar | Feb | Jan '11 | Dec | Nov | Oct | Sep | Aug | July | June | |
| Listed | 646 | 620 | 561 | 690 | 443 | 550 | 555 | 579 | 541 | 642 | 692 | 675 | 659 |
| Pending | 502 | 518 | 487 | 504 | 414 | 392 | 402 | 416 | 382 | 530 | 497 | 475 | 579 |
| Sold | 392 | 374 | 384 | 389 | 299 | 297 | 422 | 348 | 341 | 486 | 376 | 412 | 469 |
| % CHG Month over Month | |||||||||||||
| Listed | 4.0% | 9.5% | -23.0% | 35.8% | -24.2% | -0.9% | -4.3% | 6.6% | -18.7% | -7.8% | 2.5% | 2.4% | |
| Pending | -3.2% | 6.0% | -3.5% | 17.9% | 5.3% | -2.6% | -3.5% | 8.2% | -38.7% | 6.2% | 4.4% | -21.9% | |
| Sold | 4.6% | -2.7% | -1.3% | 23.1% | 0.7% | -42.1% | 17.5% | 2.0% | -42.5% | 22.6% | -9.6% | -13.8% | |
| % CHG Current Month over Same Month Last Year | |||||||||||||
| Listed | -2.0% | -0.6% | -27.6% | -6.1% | -57.3% | -25.6% | -7.7% | -30.6% | -21.8% | ||||
| Pending | -15.3% | 5.4% | -43.3% | -34.3% | -50.5% | -41.8% | -26.1% | -60.3% | -55.2% | ||||
| Sold | -19.6% | -11.5% | 14.8% | -31.6% | -21.1% | -24.2% | -22.5% | -62.4% | -61.0% |
Current Statistics tracking the Real Estate Market in the Antelope Valley, Palmdale & Lancaster Core areas. Homes For Sale
| Month to Date and Projected Opened Escrows* | |||
| Total Active | 1,900 | ||
| Total Active Core Area | 1,386 | ||
| Total Active REO's | 283 | ||
| Total Short Sale | 564 | ||
| Pending MTD/Projected | 98 | 368 | |
| Sold MTD/Projected | 61 | 229 | |
| Percent Sold Over List Price | 209.84% | ||
| Sold Last Month / % of Difference | 392 | -41.65% | |
| Last Year Month / % of Difference | 412 | -44.48% | |
| Active Listing Mix (Core) | |||
| REO % of TTL | 20.42% | ||
| Short Sale % of TTL | 40.69% | ||
| REO+SS % of TTL | 61.11% | ||
| Traditional Sale % of TTL | 38.89% |
Absorption Rate*
Current Month 3.5 Months
At Last Months Rate 6.8 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.
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