Forest Creek Homes in Lake Forest

The 4 homes in Forest Creek that are in the active status on the MLS include 2 short sales and 1 that is bank owned.  There is at least one additional foreclosure that should be coming on the market in the next month or so. 

So far this year, there have only been 3 closed sales.  For a neighborhood this size, it is unusual to have so little activity at this point of the year, but my theory is that only those who must sell are currently on the market, and those who might like to sell are holding off until prices improve.

I am working with 2 different buyers (one needs a single story, the other is open) who really like this neighborhood, so we are watching for any new listings.  Please let me know if you hear of anything! 

Here is the latest report of real estate activity in Forest Creek: 

Forest Creek YTD 4-16-08

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s