Live Lake Forest

2 beds, 2 full 1 part baths
Home Size: 1,414 sq ft
Lot Size: 928 sq ft
Added: 11/30/09, Last Updated: 01/28/10
Property Type: Single Family, Townhouse, Residential
MLS Number: P712686
Community: Lake Forest South
Tract: Vv


Spacious, town-home style SFR with gorgeous, peaceful views of trees from its two balconies! * Two Bedrooms * Two and a Half Baths * Master Bedroom has private balcony * Large Livingroom with Views * Vinyl Windows & French Doors * Inside Laundry * Open Kitchen * Views from both bedrooms! * By living within the Association it grants you membership to the Lake Forest Beach & Tennis Club. The Beach & Tennis Club offers a Jr. Olympic Swimming Pool, a quiet North Pool, a children's wader, an adult and family beach and swim lagoon, six tennis courts, two half court basketball courts, a sand volleyball court along with an adult lounge with two pool tables * VISIT: www.lfca1.com for Lake Forest Community details!

Listed with Carole Love Mancini, First Team Real Estate

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Brought to you by Vicki Lloyd, The Real Estate Professionals. Call me today at 949-457-0281, or visit my website at VickiLloyd.com!

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Superbowl Sunday typically marks the beginning of the spring buying season in Orange County, but I don’t think any serious buyers are willing to wait that long.  While showing property this weekend, my buyers and I almost had to “take a number” to get in to see the newly listed homes!  We viewed 1 short sale, an lightly damaged REO, a traditional sale, and an investor (flipper) home.  The traditional sale property literally had a line of buyers taking turns to go up or down the stairs!

The inventory of homes available in the “active” status in the MLS is extremely low, and the bulk of them are short sales in the more affordable price ranges.  The first time buyer tax credit of $8,000 has been extended to April 30 to get into a contract, and a $6,500 credit is now available to repeat buyers who lived in their previous home for 5 of the last 8 years. 

Steve Thomas of Altera Real Estate provided his view of the market here and does a very good job of explaining how the decrease in pricing, in addition to the very low rates for mortgages have helped the lower price ranges find a probable bottom.  The market time for homes under $1 million is only 2.5 months, and he states that for “under $750,000 the market is sizzling!”   First time buyers, move-down buyers, and investors are all competing for the same homes. 

If you are planning to buy in the next 3 or 4 months, please have patience, be realistic with your expectations, and plan on needing to “sweeten your offer” with either faster closing, more flexibility for possession or more cash!  It’s tough right now, but it can be done!

If you need any help or advice, please call or email me, or leave a comment here!

2 beds, 1 full 1 part baths
Home Size: 833 sq ft
Lot Size: 0 sq ft
Added: 11/28/09, Last Updated: 01/22/10
Property Type: Condominium, Residential
MLS Number: P712485
Community: Portola Hills
Tract: Cv


Great opportunity for investors and first-time homebuyers alike! This single-level unit features an open floor plan that belies its compact square footage. Enjoy the commodious outdoor patio, which greatly adds to the usable private space. As a ground floor unit, you'll appreciate the direct access garage and lack of steps.

Listed with Stephen Meade, MeadeFirst

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Brought to you by Vicki Lloyd, The Real Estate Professionals. Call me today at 949-457-0281, or visit my website at VickiLloyd.com!

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2 beds, 2 baths
Home Size: 957 sq ft
Lot Size: 0 sq ft
Added: 01/14/10, Last Updated: 01/18/10
Property Type: Condominium, Residential
MLS Number: P717892
Community: Lake Forest North
Tract: Wo


Delightful 2 bedroom, 1 1/5 bathroom end unit condo with inside laundry facility. Great starter place for a young couple! Near shopping, schools and freeways.

Listed with Michelle Mahzari, IMax Premier Real Estate

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Brought to you by Vicki Lloyd, The Real Estate Professionals. Call me today at 949-457-0281, or visit my website at VickiLloyd.com!

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