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las flores: Short Sales Still Plaguing Las Flores - 09/01/09 09:35 AM
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 the short sale closings - there are none in the last 30 days. It's important to note because of the abundance of active homes and those in escrow that are short sales - in 30 days we haven't had 1 short sale … (2 comments)
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las flores: Las Flores Open House - 31 Sunny Slope - 04/17/09 03:55 PM
If you are looking for an amazing opportunity in Las Flores, I have one at 31 Sunny Slope. This Saturday, April 18th, from 1 to 4:00, we will be holding this beautiful 4 bedroom, 2500 square foot home open for you to see. Don't hesitate to contact me with questions.
Questions about the Las Flores real estate market, you can always check you My Las Flores for the lates listings, trends, and sales.
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las flores: Las Flores Market Update - Slow Sales - 02/24/09 06:43 PM
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 that inventory, we have no bank owned homes presently and 8 homes, or 42% of the inventory, are short sales.
Consumers that have actively been looking understand the challenges today with short sales and unless they are very attractively priced, they generally shy away from them. … (0 comments)
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