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 ... 10/01/2009

Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley September 30 2009 The word on the street seems to be saying that we will not see a major release of bank own homes until next year.   The Antelope Valley, Palmdale Lancaster area is still the hottest Real Estate market in the Los Angeles County with the best deals. The clock s running on the First-time home buyers purchasing any kind of home new or resale are eligible for the tax credit. To qualify for the tax credit, a home purchase must occur on or after January 1, 2009 and before December 1, 2009. For the purposes of the tax credit, the purchase date is the date when closing occurs and the title to the property transfers to the home owner. A limited exception exists for certain contract for deed purchases and... 09/30/2009

HOUSING MARKET IN DELICATE STATE The news has been increasingly unanimous lately on foreclosure triggers. Loan modification programs in Palmdale, CA. are struggling to keep people in their homes. Unemployment is causing others and once-solvent homeowners to fall behind with their payments. Even auxiliary components, like ACORN, are imploding into themselves with disorder. By and large, loan modification efforts are not translating into sustainable, affordable home loans for those who are at risk of foreclosure. Blame seemingly cascades back and forth between unwilling banks and unsalvageable homeowners, while the state and federal governments attempt to bridge the two sides. Effects in areas of high unemployment are gaining momentum. Many rural towns, like Palmdale, CA., are simply iso... 09/29/2009

Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley September 29 2009 Okay we are starting to see an uptick in prices as the moratorium on releasing bank-own homes into the market remains in place.  Yesterday we have a odd range of active inventory.  Within the core area we had 750 total active with 250 bank own (REOs) and 250 short sales (pre foreclosure) leaving 250 as normal sales. The word on the street seems to be saying that we will not see a major release until next year.     Janet O'Brian is a Certified Short Sales Specialist and is ready to help you with your situation… Pre-foreclosures  August '09 Monthend Numbers: Listed....... 691 Pending.... 564 Sold......... 621 The new look of the Dailys which are a set of number tracking the current trand in the Ra... 09/29/2009

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: 205   Of these, the number that are short pays is: 73Number of homes entering the market in the last 7 days: 50   Of these, the number that are short pays is: 134Number of homes entering escrow in the last 7 days: 67Number of homes closing escrow (sold) in the last 7 days: 48   Of these, the number that are short pays is: 5Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 21See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends... 09/22/2009

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: 119   Of these, the number that are short pays is: 76Number of homes entering the market in the last 7 days: 26    Of these, the number that are short pays is: 21Number of homes entering escrow in the last 7 days: 23Number of homes closing escrow (sold) in the last 7 days: 13   Of these, the number that are short pays is: 10Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 14See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trend... 09/21/2009

Summer is coming to a close in the greater Antelope Valley Palmdale Lancaster areas in the northern Los Angeles County.  As you might have notice I’ve not posted in a few weeks, health without it we really have nothing. After a big scare and a week in the hospital and some sole searching I’m back getting ready for a great year end.     Janet O'Brian is a Certified Short Sales Specialist and is ready to help you with your situation… Pre-foreclosures  August '09 Monthend Numbers:Listed....... 691Pending.... 564Sold......... 621The 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 46   Back on Market 13   Price Increases 2   Price Reductions 15   Pendings 29   Solds 28   Expireds 10   Inactives 5 ... 09/18/2009

Many more Palmdale, CA home buyers are going with FHA financing than in past years and the FHA loan fundings are growing. At this point the number one question that I get these days from buyers is “Should I use FHA for my Palmdale, CA mortgage loan?”. The answer is not standard for every buyer in every situation but hopefully by explaining what the FHA loan program can do, you can better see if it is a good way or possibly the ONLY way for you to finance your new home. Here are some of the benefits of getting a FHA backed Palmdale, CA mortgage loan: · FHA loans require as little as 3.5% down payment. · FHA guidelines will allow for a credit score as low as 620. · FHA guidelines will allow a home buyer that had a Bankruptcy 2 years ago. · FHA will allow for some or ALL of the down payme... 09/16/2009

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: 197   Of these, the number that are short pays is: 75Number of homes entering the market in the last 7 days: 34   Of these, the number that are short pays is: 4Number of homes entering escrow in the last 7 days: 69Number of homes closing escrow (sold) in the last 7 days: 43   Of these, the number that are short pays is: 2Number 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 Trends (... 09/15/2009

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: 114   Of these, the number that are short pays is: 71Number of homes entering the market in the last 7 days: 14    Of these, the number that are short pays is: 12Number of homes entering escrow in the last 7 days: 21Number of homes closing escrow (sold) in the last 7 days: 15   Of these, the number that are short pays is: 14Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 11See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trend... 09/14/2009

  Raising you credit score is not as difficult as you may think. It's a well known fact that, people with higher credit scores can easily obtain lower interest rates on mortgages, insurance and credit cards. If your credit score falls under 620 just getting loans and credit cards with reasonable terms is difficult. According to statistics, there are more than 30 million people in the United States that have credit scores under 620 and if you’re probably wondering what you can do to raise credit score, here are five simple tips that you can use to raise credit score: 1. Pay Your Bills On Time Your payment history makes up 35% of your total credit score. Your recent payment history will carry much more weight than what happened five years ago. Missing just one months payment on anything c... 09/10/2009

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: 121   Of these, the number that are short pays is: 73Number of homes entering the market in the last 7 days: 12    Of these, the number that are short pays is: 10Number of homes entering escrow in the last 7 days: 18Number of homes closing escrow (sold) in the last 7 days: 25   Of these, the number that are short pays is: 22Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 14See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trend... 09/08/2009

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: 123   Of these, the number that are short pays is: 75Number of homes entering the market in the last 7 days: 19    Of these, the number that are short pays is: 17Number of homes entering escrow in the last 7 days: 30Number of homes closing escrow (sold) in the last 7 days: 22   Of these, the number that are short pays is: 18Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 6See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends... 08/31/2009

The Antelope Valley Fair is going like gang busters.  Last night The Beach Boys put on a concert that was out of this world.  David Love, the lead singer, I couldn't believe it is 68 years old.  The music was great and after a couple of songs David said they needed to take break and have a nap.  The wife and I loved it when they started singing their hits from the 60's.  The screams were wild. cell phones were recording things like mad.   08/27/2009

Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley August 27 2009 So another Hot month in the greater Antelope Valley, Palmdale, and Lancaster areas in northern Los Angeles County is selling out of homes.  We are still experiencing an unprecedented drop in available homes for sale as the banks hold back releasing the estimated 5,000 vacant homes in the valley. Janet O'Brian is a Certified Short Sales Specialist and is ready to help you with your situation… Pre-foreclosures  July '09 Monthend Numbers: Listed....... 721 Pending.... 690 Sold......... 715 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 31   Back on Market 12   Price Increases 4   Price Reductions 10 ... 08/27/2009

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: 209   Of these, the number that are short pays is: 95Number of homes entering the market in the last 7 days: 39   Of these, the number that are short pays is: 10Number of homes entering escrow in the last 7 days: 66Number of homes closing escrow (sold) in the last 7 days: 52   Of these, the number that are short pays is: 6Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 21See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends ... 08/25/2009

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: 126   Of these, the number that are short pays is: 79Number of homes entering the market in the last 7 days: 15    Of these, the number that are short pays is: 12Number of homes entering escrow in the last 7 days: 25Number of homes closing escrow (sold) in the last 7 days: 13   Of these, the number that are short pays is: 12Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 6See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends... 08/24/2009

Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley August 20 2009 Janet O'Brian is a Certified Short Sales Specialist and is ready to help you with your situation… Pre-foreclosures  July '09 Monthend Numbers: Listed....... 721 Pending.... 690 Sold......... 715 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 25   Back on Market 10   Price Increases 10   Price Reductions 6   Pendings 39   Solds 34   Expireds 5   Inactives 16   Month to Date and Projected open Escrows* Total Active   1,128   Total Active Core Area      764   Total Active REO's      194    Total Short Paids      300       Pending MTD/Projected      454 /  704 Absorption Rate* Current Month 1.2 Months... 08/20/2009

Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley August 19 2009 Short Sales, Short Paid or Pre-foreclosures by another name is the new game.  Home owners are under increasing pressure as loans re-rate and their monthly payment becomes too much to handle.  If you are in this situation DO NOT pay up-front for a loan modification period. There are a lot of scams out there.  Contact your bank and talk to them yourself they really want to help its better for them and you.  If you can’t workout the trouble and selling you home is the another option you should find a Certified Short Sales Specialist who is familiar with the pitfalls and can guide you through the entire process. Janet O'Brian is a Certified Short Sales Specialist and is ready to help you with your sit... 08/19/2009

Real Estate Trends for Palmdale, Lancaster and the Greater Antelope Valley August 18 2009 The greater Antelope Valley, Palmdale Lancaster area of the high desert in northern California is in crises with available inventories at all time lows.  The banks are still holding back the release of foreclosures. We hear on the street that they are coming but when the date given comes and zilch.   We are hearing Pre-foreclosures are going to be the next new wave, Janet meet with a VP from BOA this morning.  According to the VP BOA is going to streamline there Pre-foreclosures process in the next few weeks… We’ll see… Pre-foreclosures  July '09 Monthend Numbers: Listed....... 721 Pending.... 690 Sold......... 715 The new look of the Dailys which are a set of number tracking the current trand in ... 08/18/2009