Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley June 7, 2011.
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Quartz Hill and the Greater Antelope Valley June 7, 2011. For the first time in since September 2010 have available listing have drop below 1,900 units. We believe this drop in inventory is being driven by the week economy as more sellers are holding on to what they have and only listing their home if they must. Short Sale have jump as a percentage of the total market to over 41% and bank owned home have dropped below 20%. Traditional sale have been holding at around 39% of the market. Looking at the real estate trends over the past 12 months we believe we will see the short sale grabbing more of the local market for the next 18 to 24 months. Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with yo...
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