Home sales activity in Lake Forest California in September was slightly less than 2008, but prices seem to be stabilizing with only a 4% decrease in the last 12 months.
Home sales activity in Lake Forest California in September was slightly less than 2008, but prices seem to be stabilizing with only a 4% decrease in the last 12 months.
The market in Lake Forest and all of South Orange County is definitely busier now than we have seen in the last 2 years. Our supply of available homes is very low, and the number of buyers is high resulting in multiple offers being fairly common for properties priced under $550K.
For the month of April 2009, the sales volume in Lake Forest was up again compared to the same period last year. There were a total of 63 closed sales in the MLS, a 12.5% improvement to the 56 in April 2008. The prices were substantially lower though. The 29 sales of single ...
Now that half the year is over, it's time to take a look at how close to (or far from) reality my predictions were that I made in my December post about 2008 real estate activity. You can go back to read my justifications for ...