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Palmdale, CA Real Estate News

By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley July 12, 2010 The new Palmdale Regional Medical Center scheduled to open this fall has signed with Kaiser Permanente! New in the high desert smart meters are beginning to be installed according to recent reports.  Southern California Edison said these smart meters will give there customer’s better management of their electric bills. The proposed high-speed rail system with over 2 billion in federal funding is looking for another 2 billion plus for the project. Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Stop-foreclosure Monthend Numbers June May April March Feb   Jan '10  Dec '09  Nov   Oct   Sep Aug Listed  659 624 716 732 697 691 598 756 65...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley July 8, 2010 Lots of summer fun in Palmdale starting tonight with Thursday Night on the Square.  Tonight it’s “Bug’n Out” a repeat from August 23, 2007.  You’ll enter the fantastic world of bugs with your mind's eye. Children will be able to create “bug” themed clay creatures in the Clay-mation Creation contest sponsored by High Desert Medical Group & The Gas Company. Craft a butterfly catcher, bug house and bug soap in the Art & Activity Center. Have fun at the Stamp in Station. And music by R&B the Ambassadors of Soul will fill the air.  Dress for hot weather and see you on the Square! Palmdale Starlight Concert Series this Saturday the 10 of July; The Spinners will heat up the night with pop and R&B h...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley July 7, 2010 The Active Core Area* has make it past the 1000 mark today.  We are seeing a slower pace from buyers lately as the news of the economy and the stock markets volatility add to the fear factor.  Buyers and sellers need to remember headline news are selling ads and must sensationalize to be heard.  Your best bet is to find a local REALOR® that knows your market and understands where it is now and where it is going.  Short sales are a big of our market and bank owned homes are holding around 240.  Traditional Sale are currently over 43% of our market, and we believe that will stay steady in the short term as we move out of the distressed housing market.  With interest rates at all time lows now ...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley July 6, 2010 So we are moving into the dog days of summer in the high desert with the fourth of July in the history books we are focusing on business.  The inventory is moving higher and prices are stabilizing, however this could change.  With the core area pushing the one thousand mark of available homes for sale for the first time in over two years.  With more inventories and the current state of the economy and historic interest rates with the loss of the federal tax credit buyer with good credit are moving into the driver seat we believe.  The sellers market is starting to shift to and more traditional market.  The banks owned (REOs) next wave has yet to materialize in the greater Antelope Valley area...
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By Don Gockel, Realtor, Broker, GRI - Antelope Valley Real Estate
(NextHome The Gockel Group - Palmdale Lancaster Quartz Hill -)
West Palmdale, California Real EstateWe here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find West Palmdale real estate statistics for the last seven days.Total inventory today is: 176   Of these, the number that are short pays is: 120Number of homes entering the market in the last 7 days: 24    Of these, the number that are short pays is: 16Number of homes entering escrow in the last 7 days: 20Number of homes closing escrow (sold) in the last 7 days: 19   Of these, the number that are short pays is: 14Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 15See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Tren...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley July 2, 2010 We have added a new number to our daily stats.  It is the percentage of sold home that sole for more than listed price.  We have closed 16 to date 9 sold for more than list and 7 lower.  Current pendings show a days on the market (DOM) of 55 with an average price per SQFT of 90.41.  Sold show 43 DOM with an average price per SQFT of 86.43. Tracking the numbers is an important part of a REALORS® business. An agent who keeps track of the current market trends will know where the mark is heading and will be in a better positions to inform there clients.  Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Stop-foreclosure Monthend Numbers ...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Palmdale announcement of activities and entertainment scheduled for this summer’s Thursday Night on the Square events in Palmdale is celebrating its 10th year.   The announcement was about the changes of some of the activities and entertainment scheduled at Poncitlán Square.  Held every Thursday night from 5:30 to 9 pm starting July 1 and running through August 19, 2010.   Each week features a different and favorite theme from past events.   In its tenth year, Thursday Night on the Square offers some good old-fashioned family fun during the summer. And its FREE! There are new themes and activities for each event. The weekly events will continue to feature tasty food, live music, arts and crafts, and an open-air market.   Come on up and have some summer night fun in Palmdale!  A great pl...
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By James Malanowski, REO Broker, Palmdale, Lancaster, Rosamond, CA
(theJEMgroup.com (DRE #01373117))
(Originally posted at theJEMgroup.com on June 29, 2010)   Looking for places to watch Fourth of July fireworks in the Antelope Valley area? Well, to celebrate Independence Day 2010 you’ll have two chances! To kick off the weekend, you can spend a wonderful evening in the park with the 2101 season opening of Palmdale’s Starlight Concert Series … Come on out to Marie Kerr Park located at Rancho Vista Blvd and 30th St West and for the easy-on-the-wallet fee of $5.00/ticket (children under 12 are free!) you will enjoy the music of the multi-platinum country/pop group LONESTAR!Following the show will be Palmdale’s fireworks spectacular! The show begins at 8pm on JULY 3RD, 2010. Yes, you read that right … Palmdale’s 2010 fireworks show is going to be on July 3rd, NOT July 4th. Didn’t get enou...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Here are some pictures of summer in the Antelope Valley that we hope will lighten your day…   Marie Kerr Park Palmdale, California 93551(661) 267-5675‎ The Ivy in the shot is walking on 4 legs...    
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley June 23, 2010 We are seeing available inventories increasing a bit over the past few weeks.  We are at 1,454 home for sale in the greater Antelope Valley as of today that compares to just over 1,200 in May.  Buyers are ready to buy and lenders have the money to lend but we still need to have a more normal available inventory to satisfy the demand.  Buyers are becoming frustrated with the lack of choices and the competition bidding up the prices.  We believe we have a large amount of foreclosure ready to be released by the banks but have only seen a small amount moved into the market lately. We still have the best deals in Los Angeles County and are growing with new projects starting almost weekly.    Jane...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley June 22, 2010 In a continuing investigation into a non-operational Southern California mortgage brokerage, Attorney General Jerry Brown announced the arrests of president and co-owner and two associates who used "deceptive promises and forged documents" to steal almost one million bucks from homeowners falsely guaranteeing refinancing there home loan. As a home owner in trouble you need to know what to look for when these scammers come a calling.  Don’t pay up front for a loan mod.  In California don’t pay a fee to have you home listed for sale.  Realtors only get paid by commission after the sale of the home peirod. These scammers use the old bait-and-switch in their refinance plot. Misleading promises ...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley June 18, 2010 Well there may be a trend starting with the next wave of bank owned homes.  For the second straight day new bank owned home coming onto the marked had been in double digits and now above 25% of the market in the Antelope Valley. Buyers need to watch there favorite areas as these bank owned homes if the current trend pans out will add downwards pressure to prices and could make for some great deals.   Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Stop-foreclosure Monthend Numbers May April March Feb   Jan '10  Dec '09  Nov   Oct   Sep Aug Listed  624 716 732 697 691 598 756 659 701 691 Pending  490 698 677 623 556 507 667 593 725 ...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley June 16-17, 2010 Looks like the inventory is starting to come up with bank owned grabbing 25% of the market.  Today active listing hit over 1400 for the first time this year.  Short Sales are holding at 31% of the market.  Sales are holding closes to last months pace, however well off June last year down 44%.  In the Antelope Valley Palmdale, Lancaster area the tax credit has not slow the flood of buyers looking for the right deal at a great price.  The high Desert Palmdale, Lancaster area still holds the best home prices at $127,300 (Source: C.A.R.). Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Stop-foreclosure Monthend Numbers May April Mar...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley June 10 - 2010 Annual National Night Out is coming to Palmdale this August, that city is asking home owners to get outside in the evening.  To start off the event the City will be hosting a special National Night Out event on Thursday, July 29 at the Thursday Night on the Square event at Poncitlán Square in downtown Palmdale.  Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Stop-foreclosure Monthend Numbers May April March Feb   Jan '10  Dec '09  Nov   Oct   Sep Aug Listed  624 716 732 697 691 598 756 659 701 691 Pending  490 698 677 623 556 507 667 593 725 564 Sold  417 327 512 362 369 517 565 549 564 612 % CHG Month over Month Listed  -14.74% ...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley June 9 - 2010 The high speed train planned for California is moving forward and picking up speed.  Starting in Sacramento and the Bay area then coming through Palmdale and the Antelope Valley.  Federal dollars close to 2.5 billion and bond Californians passed in 2008 worth 10 billion more is pushing the project from the “it would be nice” to “can do”.   At issue is where will the tracks run?  The purposed route will be running down interstate 5 then to the 14 freeway then on to Los Angeles and beyond. The preliminary engineering and environmental work is expected to bring over 12,000 jobs into the area. It looks like we’ll be getting high speed train before we get a real airport. Janet O'Brian is a Certi...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley June 3 - 2010 What does a seller in distressed over their home really want?  Janet and I have worked with many sellers’ for whatever reason need to move on with there lives.  For the most part they were not planning to loose out on their home.  In some cases the seller wants to stay as long as they can, that for us is a non-starter.  Getting involved in some sort of shenanigans is not something we are going to do.  We always ask the questions the hard questions the ones we all know we need to ask but have a hard time doing.  “How did you get into this mess?” and the biggie “What did you do with the money you pulled out?”  We have found the direct approach works well.  We’ve always look for a way to bring...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley June 2 - 2010 Palmdale, Lancaster areas are on the move with the summer activities in the wings.  Latest from Leona Valley just west of Palmdale CHERRY PARADE will be held on June 5th, 2010...  Palmdale Thursday on the Square Starts up this summer enjoy an open-air market, live entertainment, unique arts & crafts, tasty food and free activities for children! The Palmdale Starlight Concert Series at the Palmdale Amphitheater • 2723 Rancho Vista Blvd with headliners like Envogue, The Spinners, The Guess Who and the BeatleMajesty...   The Antelope Valley, Palmdale and Lancaster are the place to be this summer!  Come up and enjoy the fun in the sun! Janet O'Brian is a Certified Short Sales Specialist in Cali...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley May 25 - 2010 Sales are showing signs of slowing a bit in Palmdale & Lancaster area of the Antelope Valley.   However the pipeline has 1,074 homes pending (in Escrow).  The current mix is split between short sale at 336, REO at 327 and the balance 411 Traditional Sale.  As lenders are under more pressure to make better loans lead-times on funding seems to be the bottleneck...  This month is projected to have 372 opened escrows, and with the selling season over the next 3 months looming, lending issues could derail expected closing.  With the amount of homes in the pipeline and the inventory of available home hovering around 1,300, pricing pressures are in full effect and we have seen and continue to see ...
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By Don Gockel, Realtor, Broker, GRI - Antelope Valley Real Estate
(NextHome The Gockel Group - Palmdale Lancaster Quartz Hill -)
East Palmdale, California Real EstateWe here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find East Palmdale real estate statistics for the last seven days.Total inventory today is: 221   Of these, the number that are short pays is: 87Number of homes entering the market in the last 7 days: 47   Of these, the number that are short pays is: 15Number of homes entering escrow in the last 7 days: 43Number of homes closing escrow (sold) in the last 7 days: 31   Of these, the number that are short pays is: 6Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 18See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends ...
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By Don Gockel, Realtor, Broker, GRI - Antelope Valley Real Estate
(NextHome The Gockel Group - Palmdale Lancaster Quartz Hill -)
West Palmdale, California Real EstateWe here at the Gockel Group, continuously monitor local real estate statistics to keep our clients informed and ahead of the real estate trends. Below you will find West Palmdale real estate statistics for the last seven days.Total inventory today is: 161   Of these, the number that are short pays is: 117Number of homes entering the market in the last 7 days: 25    Of these, the number that are short pays is: 20Number of homes entering escrow in the last 7 days: 19Number of homes closing escrow (sold) in the last 7 days: 228   Of these, the number that are short pays is: 15Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 12See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Tre...
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