Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley October 1 2009

By
Real Estate Agent with Home Based Realty 01737966/01367311
Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley October 1 2009
As you know the greater Antelope Valley Palmdale Lancaster area in the northern Los Angeles County is the only part of LA that is growing and Septembers’ numbers show that to be true.  New Listing are up 1.4 percent over August, Pending are way up by 28.5% while sold are down 9.2% mainly due to funding taking a bit longer.  However the surprising number is last months pending at 564 and September sold 564…


With time running out on the Tax Credit and Mortgages Rates under 5% we are not expecting to see a holiday drop in purchases in our local market.

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

                        Monthend Numbers

                September '09            August '09 
Listed              701                             691
Pending           725                             564
Sold                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 34  
Back on Market 11  
Price Increases 1  
Price Reductions 11  
Pendings 30  
Solds 36  
Expireds 22  
Inactives 6  

Month to Date and Projected open Escrows*
Total Active   1,096  
Total Active Core Area      731  
Total Active REO's      211   
Total Short Paids      254  
   
Pending MTD/Projected      2 /  155

Absorption Rate*

Current Month 1.4 Months
At Last Months Rate 1.6 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.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
California Los Angeles County Palmdale West Palmdale
Groups:
Keller Williams 'Rainers
Posts to Localism
Realtors®
Sharing Information of Short Sales
Tags:
palmdale lancaster ana verde ritter ranch quartz hill leona valley lake hughes lake elizabeth
short sale
pre foreclosures

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the cloud to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the music-note to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the world to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
267,082

Richard & Janet OBrian

Listing Specialist Palmdale, Lancaster CA
Looking to sell we can Help, we get it done!
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the lock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information