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For most people, finding the right home in Palmdale, California is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Palmdale, California lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Palmdale within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Palmdale that now offer 100% financing – no down payment certainly helps keep moving expenses down!
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Palmdale, the first community within the Antelope Valley to incorporate as a city (on August 24, 1962), is located in the northeast reaches of Los Angeles County, California, United States, separated from Los Angeles by the San Gabriel Mountain range. As of the 2000 US census, the city had a total population of 116,670. As of spring 2005, the city proper has a total population estimate of 143,227, according to Palmdale municipal government sources. As of the 2005 population estimate, the Palmdale / Lancaster, CA Urbanized Area (a US Census Bureau defined term) has a population of 480,238. While Palmdale is still a part of Los Angeles County, the urbanized centers of Palmdale and Los Angeles are separated by the San Gabriel mountain range, which is about 40 miles (60 km) wide. This range forms the southern edge of the Antelope Valley portion of the Mojave Desert. Palmdale is one of the two principal cities of the Antelope Valley. -- Source: Wikipedia.com
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Census Data for Palmdale, California
| Palmdale | California | United States | |
| Population | 116,670 | 33,871,648 | 281,421,906 |
| Median age | 28.2 | 33.3 | 35.3 |
| Median age for Male | 26.8 | 32.2 | 34 |
| Median age for Female | 29.4 | 34.4 | 36.5 |
| Households | 34,285 | 11,502,870 | 105,480,101 |
| Household population | 116,576 | 33,051,894 | 273,643,273 |
| Average household size | 3.4 | 2.87 | 2.59 |
| Families | 28,105 | 7,920,049 | 71,787,347 |
| Average family size | 3.72 | 3.43 | 3.14 |
| Housing units | 37,096 | 12,214,549 | 115,904,641 |
| Occupied units | 34,285 | 11,502,870 | 105,480,101 |
| Vacant units | 2,811 | 711,679 | 10,424,540 |
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