By linsey, on September 28th, 2010%
45% of Las Flores Homes for Sale are in Distress
In the last 12 months, we’ve had 66 sales in Las Flores and 38 of those sales have been in some form of distress (either short sales or foreclosed homes). That means that about 58% of our closed sales were distressed, which can certainly have a negative . . . → Read More: Las Flores Riding Out the Real Estate Market
By linsey, on April 28th, 2009%
Las Flores continues to suffer some of the same conditions we are seeing in the overall South Orange County market – very little activity in the upper price points, a large number of short sales, and very low bank owned activity.
As of today, there are 23 homes on the market in Las Flores and 10 of . . . → Read More: The Upper Price Points Remain Stalled