In analyzing the closing numbers for Las Flores in the month of July, there are some things that are interesting to note. It’s interesting to explore what properties are moving, and how long they take to sell. Whether or not a home is bank owned, an equity seller, or a short sale will definitely impact the . . . → Read More: How Long Does It Take To Sell a Las Flores Home?
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The Bad News Unfortunately, the short sales in Las Flores are abundant at all price points. Short sales comprise nearly half of all the inventory – 7 of 15 current active listings. The bulk of them (5) are in the $500 to $750 marketplace. The one big failing in my video post is the lack of mention in . . . → Read More: Short Sales Still A Factor In Las Flores 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 As March comes to an end, it’s time to do a quick recap of the active inventory on the market in Las Flores, as well as examining what has sold. Because the price point has a big impact on what is currently moving, I’ve broken it down by price point and distress sales. Take note that while . . . → Read More: Market Update Las Flores |
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