The popular Forest Creek neighborhood in Lake Forest has enjoyed a slight uptick in sales this year. The values are still substantially below the peak of 2005 - 2007, but seem to have stabilized this spring. The first time buyer & repeat buyer tax credit program may have stimulated the market somewhat, but now that it ...
There are currently 5 active listings in the Lake Park West neighborhood, with 3 in escrow and 3 closings this year. Of the 5 listings, one is bank-owned, 2 are ...
The market for homes in Indian Hills has definitely picked up since last year. There are currently 2 properties on the active market, 3 in escrow, and 3 sales that have closed this year. Year-to-date, the closings have averaged $544,333 and $254 per square foot. The 3 homes in escrow are all listed for over ...
I decided to update all the neighborhoods in one post today so you can see all the year-to-date activity for each neighborhood. I am trying out a new report format, so let me know if you like it or not. I like this new report because it includes all the photos for each property, and will update ...
Several Lake Forest II neighborhoods have had recent real estate activity, but, like the rest of Lake Forest, most of the sales have involved "distressed" properties - either short sales or foreclosed homes. Even though the national election is behind us, real ...
Sales in the Ranchwood neighborhood in Lake Forest this year have been dominated by distressed (short sales or bank-owned) homes so far, but these sales don't show the "pride of ownership" ...
[googlemaps http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&msid=105101591635356472650.00000111c432f652d45be&t=h&s=AARTsJqAxaJVcyseDTiPASL-9RO7tsZUwQ&ll=33.639847,-117.69443&spn=0.006253,0.00912&z=16&output=embed&w=425&h=350] There are currently 5 active listings in The Woods neighborhood. Two of them are bank-owned, 2 are short sales, and 1 is a traditional owner occupied listing. The 2 bank-owned homes are priced at $519,900 and $630,000. The one at $519,900 was in escrow, but fell out yesterday. The other bank-owned home appeared to ...
[googlemaps http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&msid=105101591635356472650.0004575ea0241557e2261&t=h&s=AARTsJqowP2wIoQ1WkjbS7Zz3F_bs80ULw&ll=33.643492,-117.686555&spn=0.007145,0.008583&z=16&output=embed&w=400&h=400] The homes in the Indian Hills neighborhood are currently priced from $559,900 for a 4 bedroom + loft bank-owned REO, up to $729,000 for the same model, not owned by a bank. They each have a 3 car garage, and are in fairly good locations. The bank-owned home, not surprisingly, needs some work, but ...