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Palmdale, CA Real Estate News

By Keen Agents
(Keen Agents, Inc.)
We've got a client that has some property in the Palmdale, CA area that's near both the airport and where the new power plant will be going in. He is worried about a couple of the potential projects that may affect his property and is curious if selling his property makes sense. Unfortunately, we have been unable to answer his questions too well about if the power plant project or the possible airport expansion would affect his property. Does anyone know what the exact location of the power plant? And, does anyone know what the likelihood is that the airport expansion project goes through, and if so, what area would that then affect? We're open to referring our client out to an agent that shows competence and knowledge of the Palmdale area and is up to date with what's going on there. 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 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: 3382    Of these, the number that are short pays is: 984    the number that are bank owned is: 2083Number of homes entering the market in the last 7 days: 98     Of these, the number that are short pays is: 16Number of homes entering escrow in the last 7 days: 69Number of homes closing escrow (sold) in the last 7 days: 38    Of these, the number that are short pays is: 0Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 70See my 24 hour Market Report of the entire...
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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 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: 3384    Of these, the number that are short pays is: 968    The number that are bank owned is: 2099Number of homes entering the market in the last 7 days: 32     Of these, the number that are short pays is: 12Number of homes entering escrow in the last 7 days: 39Number of homes closing escrow (sold) in the last 7 days: 17    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 ...
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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 Febuary 5 2009 Keller Williams Realty AVAs we move into the day of deep winter, rain and possible snow.  Yes snow.  We are not seeing a slowdown in new buyers coming into the market.  With the prices heavily discounted you can pick up a real deal in the Antelope Valley, Palmdale Lancaster areas.  Raw Land and commercial properties are available too. Core Numbers New Listings 50 Back on the Market 42 Reductions 80 Pendings 47 Sold 22 Off The Market 15 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 group...
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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 Febuary 4 2009 Keller Williams Realty AVTo recap January 2009 we got off to a great start with 800 open escrows compared to 275 in 2008 that is an increase of 191%. With 533 closed in January 09 shows a 66% closing rate.We are also seeing a steady drop in active (core) inventory at 2,397 newly listed in January at 904 and 533 sold we are closing in on a six month inventory within the core areas of the Antelope Valley.  Historically an indication of upwards pressures on prices.The unknowns are the expected influx of bank owned properties and what downwards pressures these (if they materialize) will have on already discounted prices. Of the active core inventory (2397) over 1500 are already below 176,000.Another variable is what imp...
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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 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: 3426    Of these, the number that are short pays is: 964    the number that are bank owned is: 2139Number 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: 90Number of homes closing escrow (sold) in the last 7 days: 59    Of these, the number that are short pays is: 2Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 76See 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: 3405    Of these, the number that are short pays is: 952    The number that are bank owned is: 2134Number of homes entering the market in the last 7 days: 25     Of these, the number that are short pays is: 6Number of homes entering escrow in the last 7 days: 38Number of homes closing escrow (sold) in the last 7 days: 12    Of these, the number that are short pays is: 0Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 46See 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)
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: 3615    Of these, the number that are short pays is: 1027    the number that are bank owned is: 2261Number of homes entering the market in the last 7 days: 61     Of these, the number that are short pays is: 14Number of homes entering escrow in the last 7 days: 91Number of homes closing escrow (sold) in the last 7 days: 36    Of these, the number that are short pays is: 1Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 51See my 24 hour Market Report of the entire...
Comments 1
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: 3609    Of these, the number that are short pays is: 1024    The number that are bank owned is: 2256Number of homes entering the market in the last 7 days: 25     Of these, the number that are short pays is: 8Number of homes entering escrow in the last 7 days: 30Number of homes closing escrow (sold) in the last 7 days: 9    Of these, the number that are short pays is: 2Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 14See my 24 hour Market Report of the entire A...
Comments 0
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster January 23 2009 Keller Williams Realty AVWe continue to see homes selling at a rate of 700 plus per month with only December 08 not making the cut by just a few homes.  January 09 looks to be hitting over 700 as well.  If you are looking to buy a home in the Antelope Valley, Palmdale or Lancaster areas now is the time. Core Numbers New Listings 39 Back on the Market 15 Reductions 72 Pendings 61 Sold 31 Off The Market 39 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 Fa...
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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 January 22 2009 Keller Williams Realty AVWe are starting to see a real drop in active inventory. In the Core area we are looking to fall below 2,500 homes for sale. However we are anticipating another wave of REO's (bank owned) properties coming onto the market over h next few months; how many is not known right now. This next wave will add some downwards pressure on prices, we believe no more then 2 to 3% as we are at the bottom here in here Antelope Valley. If you are looking to buy for investment or for the first time you might want to start now and pick up some really great deals. Core Numbers New Listings 43 Back on the Market 18 Reductions 78 Pendings 46 Sold 20 Off The Market 45 The Core Nunbers do not include outlying segm...
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: 3726    Of these, the number that are short pays is: 1054    the number that are bank owned is: 2340Number of homes entering the market in the last 7 days: 85     Of these, the number that are short pays is: 16Number of homes entering escrow in the last 7 days: 80Number of homes closing escrow (sold) in the last 7 days: 33    Of these, the number that are short pays is: 2Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 73See 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: 3726    Of these, the number that are short pays is: 1054    The number that are bank owned is: 2340Number of homes entering the market in the last 7 days: 24     Of these, the number that are short pays is: 6Number of homes entering escrow in the last 7 days: 32Number of homes closing escrow (sold) in the last 7 days: 15    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 ...
Comments 0
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster January 15 2009 Keller Williams Realty AVThe nonprofit Group Home Consultants are working with the Palmdale city on Antelope Valley Youth-Build. The Youth-Build will construction of two affordable housing duplexes within the third Focus Neighborhood. As part of the agreement, Youth-Build must put in for funding from the state Department of Labor for over $1 million. The deal includes $96,000 in agency funds to help with expenses like permits and fees and construction costs. AV Youth Build is an affiliate of Youth Build USA, a nonprofit organization designed to help young adults rebuild their lives and their communities. Just another improvement in Palmdale. Core Numbers New Listings 46 Back on the Market 10 Reductions 87 Pendings ...
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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 January 14 2009 Keller Williams Realty AVHi everybody, it starting to sound like a broken record, if you are a investor of a first time buyer looking for real deals the Palmdale Lancaster areas in the Antelope Valley we can help you in getting into a great home. Core Numbers New Listings 62 Back on the Market 15 Reductions 58 Pendings 54 Sold 39 Off The Market 32 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 Ca...
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: 3776    Of these, the number that are short pays is: 1055    the number that are bank owned is: 2398Number of homes entering the market in the last 7 days: 76     Of these, the number that are short pays is: 12Number of homes entering escrow in the last 7 days: 60Number of homes closing escrow (sold) in the last 7 days: 31    Of these, the number that are short pays is: 3Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 102See my 24 hour Market Report of the entir...
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: 3789    Of these, the number that are short pays is: 1054    The number that are bank owned is: 2404Number of homes entering the market in the last 7 days: 35     Of these, the number that are short pays is: 4Number of homes entering escrow in the last 31 days: 24Number of homes closing escrow (sold) in the last 7 days: 16    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...
Comments 0
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats The Antelope Valley Palmdale Lancaster January 9 2009 Keller Williams Realty AV The Antelope Valley, Palmdale, Lancaster is on fire. We are seeing a drop in active inventory and no signs of any slowing in sales. Projected open escrows for January are pushing over the 600 mark (2008 we had 178), with 65% closing.If you are a first time buyer or investor, you need to have TEAMS O'Brian working for you there deals coming onto the mark daily.  Core Numbers New Listings 48 Back on the Market 15 Reductions 88 Pendings 32 Sold 42 Off The Market 33 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 Va...
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By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
The O'Brian Stats for The Antelope Valley Palmdale January 8 2009 Keller Williams Realty AV So, the new year is underway and the Antelope Valley, Palmdale, Lancaster areas are still moving as buyers keep coming into the market looking for deals.Bank own properties are 48% of our active inventory with short pays at 30% leaving about 20% normal listing. 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 3,630 Active Core 2,663 Out-Of-Area 503 ...
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: 3789    Of these, the number that are short pays is: 1060    the number that are bank owned is: 2391Number of homes entering the market in the last 7 days: 55     Of these, the number that are short pays is: 7Number of homes entering escrow in the last 7 days: 49Number of homes closing escrow (sold) in the last 7 days: 46    Of these, the number that are short pays is: 2Number of homes cancelled/removed/expired/withdrawn from the market in the last 7 days: 102See my 24 hour Market Report of the entire...
Comments 0