Just a quick note 2014 is looking good.
By Richard & Janet OBrian, Listing Specialist Palmdale, Lancaster CA
(Home Based Realty)
Foreclosure and short sale markets have received some good news this morning as the sector as climbed out of the depths of hell left by the Great Recession. Short sales and foreclosures declined in October and November. Inflation is under control for the time being and does not look like a concern in 2014, led lower by declining prices at the gas pumps and natural gas, which more than offset gains in electricity and fuel oil. National Association of Home Builders reported today that its Housing Market Index rose by 4 points to 58, which reflected improvement in current sales conditions, sales expectations and traffic of prospective buyers. We in the Antelope Valley Palmdale and Lancaster are running a bit ahead of the trend.
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