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Palmdale, CA Real Estate News

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: 400   Of these, the number that are short pays is: 195Number of homes entering the market in the last 7 days: 53   Of these, the number that are short pays is: 22Number of homes entering escrow in the last 7 days: 46Number of homes closing escrow (sold) in the last 7 days: 26   Of these, the number that are short pays is: 6Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 26See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends...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: 228   Of these, the number that are short pays is: 131Number of homes entering the market in the last 7 days: 19    Of these, the number that are short pays is: 15Number of homes entering escrow in the last 7 days: 21Number of homes closing escrow (sold) in the last 7 days: 14   Of these, the number that are short pays is: 12Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 15See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Tren...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 Febuary 9, 2011. We are seeing a small dip in home prices in the Antelope Valley; however it is less than the national figure of 2.6% in 2010.  Nationally reported 30% of mortgages are in trouble and could be facing foreclosures or selling short.  Homeowners are looking to find ways around foreclosure and get out from under their homes.  With more than one-third of all homes sold nationally at a loss in December of 2010 due to the up tick in short sales.  We are seeing some of the same things in the Palmdale & Lancaster areas as well.  Short sales are running around 42% of available inventory with more on the way we don’t see short sales slowing down for the next few years. As for bank owned homes (forec...
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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 Febuary 8, 2011.The Real Estate market in the greater Antelope Valley is starting spring early as buyers come to see all the deals the high desert has to offer.  First time buyers are seeing the value as prices have stabilized and lending has eased up.  Here are just a few homes that have sold this year, (link good for 30 days) WOW… All under 210,000 and well below the highs we saw in 2006.  If you are looking in the greater Antelope Valley for your first home call and let us work for you… Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Stop-foreclosure Monthend Numbers                           Jan '11 Dec Nov Oct Sep Aug July June 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 Febuary 4, 2011. Great news, trails in Union Plaza reopened Friday in the Antelope Valley.   Valley Authority contractors finished an inspection of the bridges along the route and have decided to reopen the trails.  The hiking area ranges from N street to Q.  The hiking area was closed early January after some cracks in some of the concrete were found.  City officials said a short-term maintenance has been done and the bridegs are safe for bikes and runners. The city will continue to keep an eye on the bridges for signs of ware and started an inquiry as to why the bridges are showing premature wear in the first place. Here is one for the birds; the mayor of Lancaster has purposed piping bird songs from l...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Groundhog Day 2011 Punxsutawney Phil steps in it predicts early Spring, We don’t think so…  As for the real estate markets we are have a slow start to the year, however February is showing promise. Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Stop-foreclosure Monthend Numbers                           Jan '11 Dec Nov Oct Sep Aug July June May April March Feb   Jan '10  Listed  550 555 579 541 642 692 675 659 624 716 732 697 691 Pending  392 402 416 382 530 497 475 579 490 698 677 623 556 Sold  297 422 348 341 486 376 412 469 417 327 512 362 369                             % CHG Month over Month                       Listed    -0.9% -4.3% 6.6% -18.7% -7.8% 2.5% 2.4% 5.3% -14.7% -2.2% 4.8% 0.9% Pending    -2.6% -3.5% 8.2% -38....
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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 Febuary 1, 2011East Palmdale has a new place to eat Panera Bread Opens in the Super Target Center located at 47th East and Avenue R. You can find Ross, Home Depot, El Pollo Loco, Petsmart and a lot more.  East Palmdale has some of the best shopping choices in the high desert.  You can fine great prices on homes on the east side too.  How does $150,000 for a newer six bedroom home sound to you? Great!  Well we have them in the high desert.  Palmdale also has lots to do from the Palmdale Playhouse, Concert and Symphonic Orchestras just to name a few.  So if you are looking to upside or downside give the high desert a look you might just find you love it.... Janet O'Brian is a Certified Short Sales Specialis...
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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: 414   Of these, the number that are short pays is: 197Number of homes entering the market in the last 7 days: 50   Of these, the number that are short pays is: 17Number of homes entering escrow in the last 7 days: 49Number 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: 45See 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)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley January 28, 2011 Great news Janet O’Brian SFR has gotten her HAFA certification!  Just the number today... Oh if your are thing of doing an open house do it... my next post I let you what I doing and the happy first time buyers that love it... Janet O'Brian is a Certified Short Sales Specialist in California is ready to help you with your Situation… Stop-foreclosure Monthend Numbers Dec Nov Oct Sep Aug July June May April March Feb   Jan '10  Dec '09  Listed  555 579 541 642 692 675 659 624 716 732 697 691 598 Pending  402 416 382 530 497 475 579 490 698 677 623 556 507 Sold  422 348 341 486 376 412 469 417 327 512 362 369 517 % CHG Month over Month Listed  -4.3% 6.6% -18.7% -7.8% 2.5% 2.4% 5.3% -14.7% -...
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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 January 27, 2011Great news Janet O’Brian SFR has gotten her HAFA certification!  Home Affordable Foreclosure Alternatives Program (HAFA) is to provide a practical option for homeowners who are unable to keep their homes through the existing Home Affordable Modification Program (HAMP). The HAFA program took effect on April 5, 2010 and is slated end on December 31, 2012.  The following are some of what the HAFA program can do for you…Uses borrower financial and hardship information already collected in connection with consideration of a loan modification.Could allow borrowers to receive pre-approved short sales terms before listing the property Requires borrowers to be fully released from future liability f...
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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: 432   Of these, the number that are short pays is: 212Number of homes entering the market in the last 7 days: 64   Of these, the number that are short pays is: 27Number of homes entering escrow in the last 7 days: 47Number of homes closing escrow (sold) in the last 7 days: 16   Of these, the number that are short pays is: 4Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 26See 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)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley January 26, 2011 "Rescue Men" Coming to Palmdale Playhouse. In celebration of Black History month, the Playhouse will present "Rescue Men: The Story of the Pea Island Live Savers: on Feb. 20 at 2 pm at the Playhouse,. Tickets are only $5. Produced & directed by Palmdale filmmaker Allan Smith of Dreamquest, “Rescue Men” is the story of the U.S. Life-Saving Service which was formed to ensure the safe passage of Americans and international shipping, save lives and salvage cargo. Former slave and Civil War veteran, Richard Etheridge, the only black man to lead a lifesaving crew, served as its captain. He recruited and trained a crew of African Americans to man Station 17, forming the only all-black station i...
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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 January 25, 2011 Who benefits from the Short Sale? Short sales are a win-win situation. Lenders, Mortgagees and Realtors all benefit from the successful short sale. Mortgagors get the majority of their money back, Mortgagees get the relief they need and are able to sell their property and avoid foreclosure, and Realtors can facilitate the transaction and receive compensation (commission the bank pays) from the sale of the property. Why would banks forgive the difference? To mitigate their losses, banks often accept a settlement of less than what is owed on the property. When faced with the option of getting the property ‘back’ through foreclosure, a short sale often makes a much wiser business decision f...
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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: 230   Of these, the number that are short pays is: 132Number of homes entering the market in the last 7 days: 28    Of these, the number that are short pays is: 18Number of homes entering escrow in the last 7 days: 21Number of homes closing escrow (sold) in the last 7 days: 10   Of these, the number that are short pays is: 8Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 13See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trend...
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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 January 21, 2011Alert Loan Mod Scams are popping up more and more these days and some are even trapping REALTORS & victimizing some for the second time.  If you’re facing foreclosure, check out your options first.  Find out if there is an upfront fee for the loan modification if there is, be cautious, also get a good faith estimate of you monthly payment.  How long the new monthly payments will last and if there are and rerating or change of the any of the loan terms sometime in the future.  Another options is selling short also known as a pre-foreclosure sale, a short sale expert can guide you through the process at no cost to you.  Janet O’Brian is a certified Short Sales Specialist and does all the neg...
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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 January 20, 2011Palmdale's new State-of-the-art health care is now open! The brand new Palmdale Regional Medical Center features the largest emergency room in the Antelope Valley, expanded medical specialties and diagnostics, frontline cardiac care, minimally invasive weight-loss surgery, wound care and hyperbaric medicine, and so much more. For more information, visit their Web site at www.palmdaleregional.com The City will hold Landlord Training class sessions in January and March. The second session will be held on Wednesday, Jan. 26, and the second session will be held on Tuesday, March 22 and Tuesday, March 29. Both sessions will take place from 6 to 10 pm in the administration training room at Palmd...
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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 January 19, 2011 Bank Foreclosure filings eased in December down 2 percent from November and down 26 percent from December 2009.  This is the biggest drop in foreclosure since 2005 according to reports.  We believe this drop is not a trend but a function of the hullabaloo surrounding foreclosure documentation and robo-signing scandal by banks.  A lot of major lenders for the short term halted some foreclosure proceedings as they reviewed there foreclosure processes.  Adding to the slowdown in foreclosure filings in California is a improved willingness for banks to consider a short sale option. Also in the news new housing is way down for 2010, but new permits were requested in December by builders, we su...
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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: 414   Of these, the number that are short pays is: 195Number of homes entering the market in the last 7 days: 44   Of these, the number that are short pays is: 13Number 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: 9Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 30See 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)
Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley January 18, 2011 In 1996, the California High-Speed Rail Authority is charged with the planning, designing, constructing and operating of a state-of-the-art high-speed train system. The proposed system stretches from San Francisco, Oakland and Sacramento in the north, with service to the Central Valley and then to Palmdale and Los Angeles and eventually San Diego in the south. With bullet trains operating at speeds of up to 220 mph, the express travel time from downtown San Francisco to Los Angeles is just under 2 ½ hours. Intercity travelers (trips between metropolitan regions) along with longer-distance commuters would enjoy the benefits of a system designed to connect with existing rail, air and highw...
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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: 224   Of these, the number that are short pays is: 128Number 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: 15Number of homes closing escrow (sold) in the last 7 days: 9   Of these, the number that are short pays is: 6Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 13See my 24 hour Market Report of the entire Antelope Valley by viewing A.V. Real Estate Trends...
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