Here are the latest neighborhood reports for Lake Forest II real estate. The activity is fairly quiet and there haven't been a lot of changes, so I'll save my comments about these neighborhoods for future posts. Serrano Woods Condos 8-17-2008 Ranchwood Homes 8-17-2008 Lake Park West 8-17-2008 Prairie Ridge 8-17-2008
Lake Forest II neighborhoods are not immune to the real estate downturn that most of Southern California is experiencing! I spoke with a homeowner this morning who was shocked to hear that the values in his neighborhood had fallen over 15% below the appraisal he had done last summer. (I'm not happy about that either ...