Admin

Palmdale, CA Real Estate News

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: 242    Of these, the number that are short pays is: 101Number of homes entering the market in the last 7 days: 31     Of these, the number that are short pays is: 4Number of homes entering escrow in the last 7 days: 38Number of homes closing escrow (sold) in the last 7 days: 14    Of these, the number that are short pays is: 6Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 22See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Tre...
Comments 0
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: 617    Of these, the number that are short pays is: 268Number of homes entering the market in the last 7 days: 54     Of these, the number that are short pays is: 13Number of homes entering escrow in the last 7 days: 123Number of homes closing escrow (sold) in the last 7 days: 48    Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 25See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate T...
Comments 0
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster March 25 2009 Keller Williams Realty AVThe Antelope Valley, Palmdale and Lancaster is having a buyer BOOM...  Are current core active inventory of single family homes is still dropping like a rock.  Within 5 days we went from 1,835 to 1,758 that is a drop of 77 in 5 days.  If this keeps up we have a bit over 3 months of inventory???  Can this be true? We have no way to be sure.  We do know Broker Price Options (BPO) are up and the daily newspaper is showing an average of 4 pages of trust deed notices.  Yes we do believe there is a shadow inventory in the wings.  How many are coming into the Antelope Valley and when are they going to hit are the key questions.Here at the O'Brian Team we believe the Valley can absorb 3,000 over the ...
Comments 0
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: 2761    Of these, the number that are short pays is: 943    the number that are bank owned is: 1560Number of homes entering the market in the last 7 days: 69     Of these, the number that are short pays is: 16Number of homes entering escrow in the last 7 days: 104Number of homes closing escrow (sold) in the last 7 days: 42    Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 33See my 24 hour Market Report of the entire A...
Comments 0
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: 2800    Of these, the number that are short pays is: 948    The number that are bank owned is: 1587Number of homes entering the market in the last 7 days: 33     Of these, the number that are short pays is: 3Number of homes entering escrow in the last 7 days: 28Number of homes closing escrow (sold) in the last 7 days: 10    Of these, the number that are short pays is: 0Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 22See my 24 hour Market Report of the entire Ant...
Comments 0
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster March 20 2009 Keller Williams Realty AVTracking your numbers puts you in the lead giving you an insight to where your market is going.  Currently in the Antelope Valley we are eating through our inventory at 100 or so per-week in the core areas.  Bank own (REOs) homes and short sales are moving closer as today's numbers show.  Price reductions are starting to slow. Supply and demand is starts taking over as most home sell at or above list.  85% are REOs priced well below current market; however they are selling over list. We have sold 1,415 in the core area YTD.    Core Numbers New Listings 39 Back on the Market 13 Reductions 24 Pendings 53 Sold 39 Off The Market 20 The Core Nunbers do not include outlying segments of the Antelope...
Comments 0
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: 2869    Of these, the number that are short pays is: 961    the number that are bank owned is: 1624Number of homes entering the market in the last 7 days: 87     Of these, the number that are short pays is: 14Number of homes entering escrow in the last 7 days: 117Number of homes closing escrow (sold) in the last 7 days: 27    Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 33See my 24 hour Market Report of the entire A...
Comments 0
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: 2879    Of these, the number that are short pays is: 960    The number that are bank owned is: 1632Number of homes entering the market in the last 7 days: 21     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: 12    Of these, the number that are short pays is: 4Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 18See my 24 hour Market Report of the entire Ant...
Comments 1
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster March 11 2009 Keller Williams Realty AVWell we are still selling in the Antelope Valley and the active inventory is dropping daily.  As of this post we are at 1952 active listing.  If you are and invertors, or a first time buyer you should be buying right now in the Antelope Valley.  We have homes under $50,000... Core Numbers New Listings 54 Back on the Market 15 Reductions 37 Pendings 55 Sold 37 Off The Market 20 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 ...
Comments 0
By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
West Lancaster, 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 Lancaster real estate statistics for the last seven days.Total inventory today is: 2959    Of these, the number that are short pays is: 951    the number that are bank owned is: 1716Number of homes entering the market in the last 7 days: 45    Of these, the number that are short pays is: 10Number of homes entering escrow in the last 7 days: 71Number of homes closing escrow (sold) in the last 7 days: 29    Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 37See my 24 hour Market Report of the entire A...
Comments 0
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: 2964    Of these, the number that are short pays is: 951    The number that are bank owned is: 1717Number of homes entering the market in the last 7 days: 26     Of these, the number that are short pays is: 4Number of homes entering escrow in the last 7 days: 32Number of homes closing escrow (sold) in the last 7 days: 8    Of these, the number that are short pays is: 0Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 18See my 24 hour Market Report of the entire Ante...
Comments 0
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster March 4 2009 Keller Williams Realty AVAs you can see we are not seeing any major jump in new bank own homes coming into the market, however we believe there will start this month.  How many is anyone's guess... Core Numbers New Listings 44 Back on the Market 8 Reductions 71 Pendings 50 Sold 49 Off The Market 20 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. (Out-Of-Area Kern Co, Mojave and Cal City) Aggregate Active MLS 2,761 Active Core 2,030 ...
Comments 0
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: 3043    Of these, the number that are short pays is: 966    the number that are bank owned is: 1778Number of homes entering the market in the last 7 days: 69     Of these, the number that are short pays is: 16Number of homes entering escrow in the last 7 days: 101Number of homes closing escrow (sold) in the last 7 days: 48    Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 64See my 24 hour Market Report of the entire A...
Comments 0
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The proposal could give Los Angeles a new source of renewable energy, but could have hurdle.  After buying over 17,000 acres in Palmdale for an intercontinental airport yet to be realized Los Angeles airport officials say they could have a use for the majority of the property. A solar power plant capable of generating about 100 megawatts of green energy.If permitted, the development could help Los Angeles meet the terms with a major portion of Measure B, a proposition on the March 3 ballot that would require the city to produce 400 megawatts of electricity from solar by 2014.This Solar Energy plant in the talking stage and if in goes through it will mean high paying jobs during the construction phase and beyond.Palmdale is just about to start a 570 megawatts hybrid solar/natural gas pla...
Comments 0
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster Febuary 25 2009 Keller Williams Realty AVEdwards Air Force Base Open House and Air Show returns this year the admired event will return on Oct. 17 and 18. The event was postponed the past two years while the chief runway was undergoing renovation.The air show normally takes place in October and is a chance for the base; home to the world's premier center for flight testing to open up to the general public and showcase its strengths in military testing and flight research.  NASA Dryden Flight Research Center, a base tenant and partner in flight testing and research will be on hand as well.  Thousands are expected to come to the show this year.Come out to the base and enjoy the fun... Core Numbers New Listings 46 Back on the Market ...
Comments 0
By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
East Palmdale, California Real EstateWe here at the Gockel Group we 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: 3192    Of these, the number that are short pays is: 988    the number that are bank owned is: 1904Number of homes entering the market in the last 7 days: 59     Of these, the number that are short pays is: 20Number of homes entering escrow in the last 7 days: 84Number of homes closing escrow (sold) in the last 7 days: 33    Of these, the number that are short pays is: 3Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 37See my 24 hour Market Report of the entire ...
Comments 0
By Don Gockel, Realtor, GRI, DRE #01319651 - Antelope Valley Real Estate Specialist
(Keller Williams)
West Palmdale, California Real EstateWe here at the Gockel Group we 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: 3200    Of these, the number that are short pays is: 981    The number that are bank owned is: 1918Number of homes entering the market in the last 7 days: 25     Of these, the number that are short pays is: 5Number of homes entering escrow in the last 7 days: 31Number of homes closing escrow (sold) in the last 7 days: 6    Of these, the number that are short pays is: 0Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 15See my 24 hour Market Report of the entire An...
Comments 0
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster Febuary 19 2009 Keller Williams Realty AVWe have drop below 3,000 active Single Family homes in over 2 years. With core area 2,208 active listing.  We have closed 894 in the core area this year. The average is about 17 per day which works out to over 6,500 sold this year.  In 2008 when we saw a big jump in sales finishing off the year with 5,643 sold, if we hit the projected 6,500 this year that's over 16% increase.As we know as available inventory drops prices start to stabilize and then move up. Core Numbers New Listings 49 Back on the Market 12 Reductions 48 Pendings 35 Sold 27 Off The Market 28 The Core Nunbers do not include outlying segments of the Antelope Valley or out-of-area properties. Lancaster, Palmdale, Quartz Hills,...
Comments 0
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster Febuary 18 2009 Keller Williams Realty AVHow will the $75 billion available to provide subsidies complete with strict guidelines to participating lenders help? Osama's initiative will enable millions of responsible homeowners to obtain lower-cost mortgages.  How much lower with the payment be?  What are the strict guidelines?  Only time will tell if and what the lenders will do.Will the $75 billion earmarked for bad loans, what will this do to the short sales?  Will the banks use this money to fix these first forcing the short sale market dry up? How about the so-called next wave in bank own homes?  Some of the numbers I've heard is 2.5 million already to hit the market.  This will have a significant impact on prices if these are ...
Comments 0
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster Febuary 11 2009 Keller Williams Realty AVThe 60th Almond Blossom Parade and Festival is scheduled for the weekend of March 13 through 15, and it's going to one of this year's biggest Westside event ever.  The Quartz Hill chamber has invited former Miss Quartz Hill community queens to ride in the parade.  Another will be a community dance. This is a great opportunity for them to come to a local event and have fun and see a great part of the Antelope Valley.  The festival will start March 13 with a community dance and a carnival at George Lane County Park, 5520 West Ave. L-8.Come on by and have some old-time country fun...  See you there Core Numbers New Listings 43 Back on the Market 9 Reductions 67 Pendings 34 Sold 32 Off The Mark...
Comments 0