Back in the Swing, Traditional Sales are back in Vogue.

Real Estate Trends - Palmdale, Lancaster, Aug 30, 2012 
It been a month or so since I’ve posted to ActiveRain, however I’m back in the swing with all the family business done for now.  So let’s take a look at the Real Estate market in the Antelope Valley, starting with Palmdale, Short Sale and Foreclosures are gone, history for now, Traditional Sales are back in vogue.  We are keeping a close eye on this trend and believe we could see a return of homeowners listing short in the months to come but the numbers are going to be lower then we have seen in recent memory.  Bank owned homes are all but dead banks are approving short sale these days.  I will give you a update on Lancaster in tomorrows post.

If you are looking to list your home with an established team that knows how to get top dollar give Janet a call.

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

What Should You Do If You Learn that a Forged and/or Fraudulent Deed Has Been Recorded Against Your Real Property? CONSUMER ALERT

A short sale is an effective alternative to foreclosures when keeping you home is no longer an option.  The bank wins something too, the homes remains occupied and helps to maintain stable communities, according to the Federal Housing Finance Agency (FHFA).  And with the new Short Sales Timeline Requirements put out by Freddie & Fannie should be your first choice. 

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Monthend Numbers
	July	June	May	Apr	Mar	Feb	Jan '12	Dec	Nov	Oct	Sep	Aug
Listed	393	410	466	614	520	561	601	599	732	797	813	679
Pending	419	498	498	634	535	495	581	522	572	568	585	542
Sold	391	405	424	462	388	308	416	476	467	557	545	413
% CHG Month over Month
Listed		-4.3%	-13.7%	-31.8%	15.3%	-7.9%	-7.1%	0.3%	-22.2%	-8.9%	-2.0%	16.5%
Pending		-18.9%	0.0%	-27.3%	15.6%	7.5%	-17.4%	10.2%	-9.6%	0.7%	-3.0%	7.4%
Sold		-3.6%	-4.7%	-9.0%	16.0%	20.6%	-35.1%	-14.4%	1.9%	-19.3%	2.2%	24.2%
% CHG Current Month over Same Month Last Year
Listed	-60.6%	-57.6%	-33.0%	8.6%	-32.7%	21.0%	8.5%	7.3%	20.9%	32.1%	21.0%	-1.9%
Pending	-11.7%	-0.8%	-4.0%	23.2%	5.8%	16.4%	32.5%	23.0%	27.3%	32.7%	9.4%	8.3%
Sold	5.6%	3.2%	11.8%	16.9%	-0.3%	2.9%	28.6%	11.3%	25.5%	38.8%	10.8%	9.0%

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Absorption Rate*
Current Month 2.1 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 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 Palmdale & Lancaster homes for sale. 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.