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Palmdale, CA Real Estate News

By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends for Palmdale, Lancaster and the Greater Antelope ValleyJune 3 2009Its cherry time in Leona Valley, dozens of cherry growers have a bumper crop this year, and it great family fun.  Limited cherries will be available June 6th & 7th with more orchards opening June 13 & 14.  Directions Early residents of Leona Valley were the Kitanemuk Indiansc a branch of the Shoshone or Serrano tribe.  Arrowheads, flints and other artifacts are unearthed from time to time and remind us of our culture.Spanish explorers lead by the first Governor of Alta California came upon Leona Valley in 1776.  As the commerce and travel increased, the route of the main stage line between Cajon Pass and lower San Joaquin Valley paralleled Amargosa Creek through the valley.The valley takes its name from...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Real Estate Trends for Palmdale, Lancaster and the Greater Antelope ValleyMay Month End 2009We started May with a bang with April very strong May looked to be even better and it was...  However the inventory is getting quite low.We started May with 1,251 Homes for sale and ended with only 1,061 in the core area of the Antelope Valey.  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.The new look of the Dailys which are a set of number tracking the current trand in the Ral Estate Market in the Antelope V...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
                  AV Winery~Donato Family Vineyard Open House, Sale & New Release Wines This Saturday 11-3!Join us this Saturday, June 6th for our Spring Open House!  We will be releasing our newly bottled white wines.  Winemaker, Cecil McLester, will be on hand to present the new white wines for tasting.  There will be music, buffalo burger  or buffalo dog lunches available, and great Cellar Close Out Sales!     Welcome Vendors Old and New at This Saturday’s Opening Market!   Opening Farmer’s Market This Saturday 9AM to Noon!We’ve all been waiting for it, our Farmer’s Market kick-off is this Saturday from 9AM to Noon!  Stop by the Winery to welcome back last year’s vendors and also to welcome our new vendors for this year.  This is “your” market!  Bring family and friends and show your...
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By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
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: 365   Of these, the number that are short pays is: 198Number of homes entering the market in the last 7 days: 56   Of these, the number that are short pays is: 10Number of homes entering escrow in the last 7 days: 57Number of homes closing escrow (sold) in the last 7 days: 41   Of these, the number that are short pays is: 2Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 51See 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: 187   Of these, the number that are short pays is: 78Number of homes entering the market in the last 7 days: 32    Of these, the number that are short pays is: 10Number of homes entering escrow in the last 7 days: 37Number of homes closing escrow (sold) in the last 7 days: 12   Of these, the number that are short pays is: 12Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 16See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trend...
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By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
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: 177   Of these, the number that are short pays is: 73Number of homes entering the market in the last 7 days: 19    Of these, the number that are short pays is: 6Number of homes entering escrow in the last 7 days: 30Number of homes closing escrow (sold) in the last 7 days: 15   Of these, the number that are short pays is: 3Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 17See 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, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
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: 186   Of these, the number that are short pays is: 77Number of homes entering the market in the last 7 days: 15    Of these, the number that are short pays is: 6Number of homes entering escrow in the last 7 days: 34Number of homes closing escrow (sold) in the last 7 days: 16   Of these, the number that are short pays is: 2Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 17See 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, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
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: 408   Of these, the number that are short pays is: 230Number of homes entering the market in the last 7 days: 51   Of these, the number that are short pays is: 16Number of homes entering escrow in the last 7 days: 94Number of homes closing escrow (sold) in the last 7 days: 48   Of these, the number that are short pays is: 0Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 51See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster May 7 2009 Keller Williams Realty AVThe first week of May shows a real drop in available inventory. April we put 954 homes into escrow and are projecting over 800 in May. Short Sales are now the majority of the available homes as bank own homes have drop to under 400 units. However there are signs daily that more bank own homes are ready to hit any day.The first quarter of 2009, 3.16% of residences in Lancaster and nearby unincorporated areas were vacant. In Southern California as a whole.Palmdale, has a higher vacancy rate than the region, but by just a sliver - 1.6% of Palmdale residences are empty. Vacant homes are a problem the city is trying to deal with, said the assistant Lancaster city manager, citing the city's program to...
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By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
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: 435   Of these, the number that are short pays is: 237Number of homes entering the market in the last 7 days: 43   Of these, the number that are short pays is: 10Number of homes entering escrow in the last 7 days: 96Number of homes closing escrow (sold) in the last 7 days: 72   Of these, the number that are short pays is: 3Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 45See 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, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
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: 201   Of these, the number that are short pays is: 83Number of homes entering the market in the last 7 days: 22    Of these, the number that are short pays is: 3Number of homes entering escrow in the last 7 days: 31Number of homes closing escrow (sold) in the last 7 days: 18   Of these, the number that are short pays is: 0Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 25See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends ...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster April 30 2009 Keller Williams Realty AVSo April is coming to a closes and the Antelope Valley is running out of available inventory believe it or not. Short sales have taken the lead over bank own homes by 187 units. The powers that be are telling us that more bank home will be coming into the market how many and exactly when is anyones guess. Below are estimated days worth of inventory (numbers supplied by Don Gockel Group, thanks DON)Number of days of inventory at the average rate ... 31.42Number of days of inventory at yesterdays rate ... 22.25Actual Number of days of inventory ... 111.25 (under 6 months!!)A note to new buyers looking to get into the game now is decidedly the right time as prices are below the run up of the las...
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By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
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: 483   Of these, the number that are short pays is: 248Number of homes entering the market in the last 7 days: 51   Of these, the number that are short pays is: 12Number of homes entering escrow in the last 7 days: 99Number of homes closing escrow (sold) in the last 7 days: 59   Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 22See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster April 23 2009 Keller Williams Realty AVAll the signals are pointing to a change in the real estate market in the Antelope Valley, Palmdale, Lancaster areas.We stated March within the core areas with over 2,100 active listing. Today we have 1,406 and just 1,940 total overall.  That works out to a weekly drop of 91 homes. We added 520 new listing since the first of April and close 406 and 665 pending. We are seeing a pickup in bank own activity; we believe we will start to see the "next wave" coming into the market however we don't believe they well be dump in large numbers. Only time will well tell.Another item of note is active REOs count as of today shows 452 where short sales are at 655.  Are Short Sales the new REO? Core Number...
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By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
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: 502   Of these, the number that are short pays is: 256Number of homes entering the market in the last 7 days: 45   Of these, the number that are short pays is: 8Number of homes entering escrow in the last 7 days: 95Number of homes closing escrow (sold) in the last 7 days: 41   Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 32See 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, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
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: 217   Of these, the number that are short pays is: 99Number of homes entering the market in the last 7 days: 23    Of these, the number that are short pays is: 7Number of homes entering escrow in the last 7 days: 28Number of homes closing escrow (sold) in the last 7 days: 19   Of these, the number that are short pays is: 1Number 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 James Malanowski, REO Broker, Palmdale, Lancaster, Rosamond, CA
(theJEMgroup.com (DRE #01373117))
Yes, as reported by the AV Press today, home sales in the Antelope Valley (Palmdale / Lancaster, CA) are way WAY up from last year ... here's the numbers released by the Greater Antelope Valley Association of REALTORS: 773 homes sold in March 2009 (282 in March 2008) 2111 Homes sold Jan 2009-Mar 2009 (654 sold Jan-Mar 2008) Average sales price $129,390 in March 2009 (DOWN 46% from March 2008) Average sales price $140,401 Jan-Mar 2009 (DOWN 44% from Jan-March 2008) About 2500-3000 active listings (DOWN from about 5500 Q4 2008) So what does this mean? A few things, in my opinion. First of all, prices are at a level that many homes can be purchased here in the Palmdale / Lancaster area for about the same or less than it costs to rent. Why throw your cash down the toilet by handing it to a ...
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By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
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: 544    Of these, the number that are short pays is: 266Number of homes entering the market in the last 7 days: 44     Of these, the number that are short pays is: 11Number of homes entering escrow in the last 7 days: 97Number of homes closing escrow (sold) in the last 7 days: 51    Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 22See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Tr...
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By James Malanowski, REO Broker, Palmdale, Lancaster, Rosamond, CA
(theJEMgroup.com (DRE #01373117))
This Saturday, April 11th, 2009 from 9AM to 12PM is our Boy Scout Troop 444's Annual Pancake Breakfast.   Tickets purchased at the door go towards the troop funds so we can continue to provide an excellent program for our Scouts! [... Click here for more info! ...]
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By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
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: 584    Of these, the number that are short pays is: 264Number of homes entering the market in the last 7 days: 57     Of these, the number that are short pays is: 14Number of homes entering escrow in the last 7 days: 105Number of homes closing escrow (sold) in the last 7 days: 45    Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 44See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate T...
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