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Forest Creek had 2 more closings at the end of August, bringing this year’s total up to 11. One of those sellers moved due to a job transfer, and the other one is retiring out-of-state. Both listings sold quickly.
In a “normal” year, we would expect around 16 to 18 of the homes in the neighborhood to sell by now, but so far, the majority of sales have been either distressed (short sales & foreclosures), or sellers who have been transfered.
There are currently only 3 homes on the active market and 2 of them are foreclosures. Click the link below to see all the real estate activity for Forest Creek this year :
Forest Creek Homes in Lake Forest 9/02/2008
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