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YOUR LOCAL REAL ESTATE AND COMMUNITY NEWSLETTER JUNE 2022
ANTELOPE VALLEY MARKET UPDATE A look at current activity compared to last year.
AROUND THE COMMUNITY Upcoming events and local news.
GET READY FOR SUMMER Tips to prep your home and get ready to fire up the grill.
A Shift in the Housing Market CHECK OUT THE LATEST MARKET ANALYSIS The housing market remained highly competitive in May 2022. It was mainly due to rising interest rates and the low housing inventory which is keeping the sense of urgency to buy among the prospective homebuyers. What this means for Sellers Even with the increase in inventory, the supply of homes on the market is still moderately low. Market competitiveness is less heated than a few months ago, but still remains elevated. The median days that a house is on the market is still less than three weeks. Homes that come on the market that are in good condition and priced appropriately are still seeing immediate activity and still sometimes multiple offers. What this means for Buyers With interest rates expected to rise and home prices expected to increase slightly in the remainder of 2022, the affordability challenge for first-time buyers continues. With more inventory coming on the market, we are seeing some balance in buyingpower. Also with the inventory increase, there is less competition with multiple offers on every property and even though prices are expected to slightly increase, it won't be at the rate we have seen in the last two years.
Numbers provided by: Augusta Financial, INC.
Market Update FOR THE ANTELOPE VALLEY
May 2022 NEW RESIDENTIAL LISTINGS: 644 +6.3% compared to May 2021 ACTIVE RESIDENTIAL LISTINGS: 821 +59.1% compared to May 2021 SOLD RESIDENTIAL LISTINGS: 407 -17.6% compared to May 2021 MEDIAN SALES PRICE: $470,000 +12.17% compared to May 2021 MEDIAN # OF DAYS ON MARKET: 12 +4 days compared to May 2021
Community Events JUNE 8
Flashback on the Big Screen Showing BATMAN - 7:30pm @ Regency BLVD Cinemas
JUNE 11
If you are a taco fanatic, this is the event for you! 11am-7pm in Poncitlan Square - 38315 9th St. E., Palmdale
JUNE 13
Monday Bitez - Food Truck Collective also featuring local bands. Sgt. Steve Owen Memorial Park - every Monday 5-9pm
JUNE 25
562nd Air Force Band - 6:30pm @ Palmdale Amphitheater
Join us with some local events! Click to learn more!
AV has its own 'Top Gun' pilot. Mike Rabens of Northrop Grumman Corp. is a former “Top Gun” pilot, leading engineering in the Palmdale Region. He served in the Navy for 25 years before joining Northrop Grumman in 2010. Northrop Grumman welcomes veterans who have transitioned out of the military and are looking for their next career move. More than 25% of Northrop Grumman employees are veterans. Source: AVPress.com
Small Business of the Month AX N DAGGER Axes, being thrown at targets, for FUN! An afternoon to late night entertainment company offering axe throwing in a safe, regulated, and constantly monitored environment. Bring your friends and family for some friendly competition! 2330 Mall Loop Road, Ste. 109 Lancaster, CA 93536 (661) 582-6111 Click to learn more!
City Highlight Located in Southern California's Antelope Valley, Rosamond is an unincorporated town of at the hub of what has been called "Aerospace Valley". Rosamond is the gateway to Edwards Air Force Base, and is just south of the emerging civilian spaceport at Mojave. To our south are the twin cities of Lancaster & Palmdale. Guido's at the Hanger Located in Rosamond California, with beautiful views of desert skies on private runway. Enjoy the sunset and wait as planes fly in, while enjoying fresh food and delicious cocktails. Best view in the valley! Located at: 4001 Knox Avenue, Rosamond, CA Click to learn more!
The Aerospace Valley Air Show will be returning for 2022! Edwards Air Force Base is opening its gates to the general public for the the event, which will take place Oct 15 – 16 2022 featuring the United States Air Force Thunderbirds!
Get Your Home
Summer Ready
Schedule a Maintenance for Your A/C. Prevent having an issues in the middle of a heat wave by doing some proactive maintenance and changing any filters.
Clean Windows and Screens. Remove those screens and wash them with warm soapy water - making your clean windows even better!
Clean Gutters and Downspouts. Ensure that any summer rain storms don't cause problems by removing any debris.
Power Wash. Break out the power washer and clean off the driveway, sidewalks and patio. Now you are ready to entertain!
Summer BBQ Tips Deep clean your BBQ before grilling season starts. Reduce the risk of fire and ensure even grilling temperatures by cleaning your grates and drip pans. Use oil. Grills cook things and need oil to keep food from sticking. Before you turn on the grill, lather up a paper towel with cooking oil and rub it all over the grate. Wait 5 minutes. You want to wait for the grill to heat up after you've turned it on or lit the charcoal. If you're using a charcoal grill and start the fire with lighter fluid, then you want to wait longer so that the lighter fluid has burned off and doesn't get into your food. Don't use water. If your grill is a little too hot and fire-y, cover the grill with whatever lid it has. Do not add water! Water will make the fire grow, whereas covering it will cut off the oxygen and kill the fire.
Featured Listing
4033 TOURNAMENT DRIVE, PALMDALE Located in the desirable Rancho Vista area and walking distance to the golf course, this turn key 3 bd + retreat home offers an open floor plan with new interior/exterior paint and new carpet throughout.
Click to see more!
Listed for $599,000 4 BEDROOMS
3 BATHROOMS
2,363 SQ, FT
RANCHO VISTA
Provided by Ashley Granger I am proud to have been awarded the "Honor Society Award" by Berkshire Hathaway HomeServices. The Honor Society is the top 18% of agents in the BHHS Network for 2021.
Ashley Granger REALTOR® DRE#01949050 ASHLEYGRANGERREALTOR@GMAIL.COM
INTERESTED IN WHAT YOUR HOME IS WORTH?
Call or text me today
(661) 233-6493