A funny thing happen to me on the way to the office this morning. The day started off just like any other Tuesday after a 3 day weekend up at 5:30am checking the local news paper and flipping on the computer to see eat e-mails have come in while Janet and I were taking some needed R-&-R. Coffee in hand and both Jack and Honey on the sofa enjoying their morning dog bone; there it was in the headline of the paper “Flopping” unscrupulous real estate agents fake “Brokers Price Opinion” (BOP) valuing the home well below market, and pick off properties from lenders, then resell at market value. The first a long list of bad new this morning. On the radio news on the road to the office, consumer confidence down, poor job market and dismal housing market account for the bad forecast… What dismal housing market? Okay prices are way down from the highs in the 2005 run-up. Sales are down a bit is some areas, but why do they always make it out to be so gloomy? You need to sell you might just take it in the shorts, you need to buy you are in the driver seat, interest rates are at historic lows and prices are well discounted… Well after reading my post maybe it was not all the funny...
Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Short Sale
| Monthend Numbers | |||||||||||||
| Apr | Mar | Feb | Jan '11 | Dec | Nov | Oct | Sep | Aug | July | June | May | April | |
| Listed | 561 | 690 | 443 | 550 | 555 | 579 | 541 | 642 | 692 | 675 | 659 | 624 | 716 |
| Pending | 487 | 504 | 414 | 392 | 402 | 416 | 382 | 530 | 497 | 475 | 579 | 490 | 698 |
| Sold | 384 | 389 | 299 | 297 | 422 | 348 | 341 | 486 | 376 | 412 | 469 | 417 | 327 |
| % CHG Month over Month | |||||||||||||
| Listed | -23.0% | 35.8% | -24.2% | -0.9% | -4.3% | 6.6% | -18.7% | -7.8% | 2.5% | 2.4% | 5.3% | -14.7% | |
| Pending | -3.5% | 17.9% | 5.3% | -2.6% | -3.5% | 8.2% | -38.7% | 6.2% | 4.4% | -21.9% | 15.4% | -42.4% | |
| Sold | -1.3% | 23.1% | 0.7% | -42.1% | 17.5% | 2.0% | -42.5% | 22.6% | -9.6% | -13.8% | 11.1% | 21.6% | |
| % CHG Current Month over Same Month Last Year | |||||||||||||
| Listed | -27.6% | -6.1% | -57.3% | -25.6% | -7.7% | -30.6% | -21.8% | ||||||
| Pending | -43.3% | -34.3% | -50.5% | -41.8% | -26.1% | -60.3% | -55.2% | ||||||
| Sold | 14.8% | -31.6% | -21.1% | -24.2% | -22.5% | -62.4% | -61.0% |
| Month to Date and Projected Opened Escrows* | |||
| Total Active | 1,944 | ||
| Total Active Core Area | 1,445 | ||
| Total Active REO's | 283 | ||
| Total Short Sale | 609 | ||
| Pending MTD/Projected | 445 | 431 | |
| Sold MTD/Projected | 333 | 322 | |
| Percent Sold Over List Price | 40.54% | ||
| Sold Last Month / % of Difference | 384 | -16.08% | |
| Last Year Month / % of Difference | 327 | -1.45% | |
| Active Listing Mix (Core) | |||
| REO % of TTL | 19.58% | ||
| Short Sale % of TTL | 42.15% | ||
| REO+SS % of TTL | 61.73% | ||
| Traditional Sale % of TTL | 38.27% |
Absorption Rate*
Current Month 4.6 Months
At Last Months Rate 6.7 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 please visit her web-site. 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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