Lake Forest II homes are not immune to the conditions of the real estate market. So far this year, 35 (1% of the total HOA) bank owned (REO) properties have been offered for sale in Lake Forest II. Today, we have 6 homes available in the active status, 8 in escrow, 1 on hold, and 20 that have closed this year. (There may be a few more that I missed, because listing agents didn’t check the right box that they are bank owned.)
The pricing has ranged from a low of $240,000 for a 3 bedroom condo in Lakeside Park, to $724,900 for a lake front attached home in the “Villas” neighborhood of Lake Forest Keys.