The inventory shortage continues, with frustrated buyers making multiple offers on recently listed homes. I’ve noticed several homes that originally appeared to be over-priced, but they have now gone into escrow. This may signal a price improvement that will bring more sellers out of the closet. In the last week we have seen the following…
The market is definitely picking up this spring! Buyers are making offers almost as soon as new homes come on the market. Multiple offers have become very common, and prices are generally pretty firm. There are currently 75 Lake Forest homes for sale on the MLS. Lowest priced listing is $107,500 for a one-bedroom condo…
The Lake Forest real estate market is pretty quiet right now, and I don’t expect it to pick up much before our traditional spring start of the home buying season – Super Bowl Sunday, which will be February 3rd this year. The condo prices start at $189,900 for a one-bedroom bank-owned home. A two-bedroom is…
The real estate market in Lake Forest, California, is very much like every other part of the country right now – it’s SLOW! The properties that are listed under $300,000 include 1-bedroom and a few 2-bedroom condos, with the lowest prices offered on the foreclosed listings. The lowest priced 1-bedroom is $204,900 and the lowest…