Ranchwood Homes in Lake Forest California

The homeowners in the Ranchwood neighborhood that are not under financial pressure to sell, are not putting their homes on the market right now.  There are currently 2 short sales offered on the MLS, 1 short sale in escrow, and 2 foreclosures that have not yet been put back on the market.  The only closing so far this year, a 2 bedroom home with 920 square feet, looked like a bargain at $450,000 when it closed, but may turn out to be the highest $/square foot sale of the year!

Ranchwood YTD 4-26-2008

Previous posts about Ranchwood

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