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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 Las Flores is not unlike many communities these days in Orange County. We are plagued by low demand and a good deal of short sale inventory. Short sales are when the encumbrances/loans against the property are higher than today’s market value plus costs of sale. Currently we have 19 Active Listings in Las Flores. Of . . . → Read More: Las Flores Market Update – Slow Sales |
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