Rancho Santa Margarita
Real Estate Listings
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Rancho Santa Margarita
Real Estate News and Questions
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I received a call the other day from the owner of a Las Flores home. "How did I get myself into this mess?", she said, referring to the short sale deal that was being negotiated on her home. When I questionedwho was negotiating the deal, she shared thather agent was working
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RE/MAX Homes & Estates
Pre-Foreclosure Division
(714) 588 -7676 ∙ www.orangecountyshortsalerealtor.com
If you are in a situation where:
• You lost your job
• Your Medical Expenses are too high
• Just went through/going through a divorce
• You are behind on your payments
• You have no equity
•
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We had a new short sale come on the market. The clever listing agent only allows showing for one weekend. He publishes the dates and time in the MLS, and clearly states that if you are interesed, you must view it then. All offers were due by 5:00PM Monday.
He was
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Nothing to see here folks - Just noticed that I had 199 blog posts, and figured I would make it an even 200.
Interest in Rancho Santa Margarita Real Estate continues to increase. Foot traffic at open houses is the best I have seen in years.
Some have said it because
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Have we reached the bottom?
Have prices started to climb?
I did a quick comparison of sold condos for 3 different time frames in Rancho Santa Margarita. I looked at condos from 900 to 1200 square feet. I pulled sales data from the three following time frames:
12/1/2008 through 1/31/2009
1/1/2009
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Rancho Santa Margarita is one of the newer cities in Orange County California, incorporated as a city in 1999 and situated in the shadow of the Santa Ana Mountains The twin peaks of Santiago and Modjeska are the backdrop for the city and the adjoining wilderness areas. This 13-acre man made
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Dove Canyon - Rancho Santa Margarita, South Orange County ~premierresidential community designed and built around Dove Canyon golf club and its course.
With about1,200 homes and 5,000 residents, Dove is locatedin the foothills of South Orange County on the south and east side facing toward Saddleback Mountain.
Inside theguard-gated entry
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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
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2 Bedroom 2 Bath 900 Sq Ft Single Family Home Built 1990
Family Room Fireplace, View of Mountains, 1 Story, Tile Roof, Carpet Flooring, Tile Floors, Air Conditioning, Garage door opener, pool, Deck.
Asking $329,000
www.orangecountyshortsalerealtor.com for more info
#01451803
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2 Bedroom 2 Bath 1 Car Garage 1189 Sq Ft Built 1994
Great end unit in the Cabo Vista neighborhood. This stunning floor plan has dramatic soaring cielings and windows, very bright and airy. 2nd bedrooms is currently used as a loft. This spacious unit has hardwood floors in living and
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2 Bedroom 2 Bath Townhome 908 Sq ft with attached garage Built 1992
This Condominium is located in the great area in Rancho Santa Margarita! Super upper unit, walking distance to Tijeras Creek Golf Course, easy access to freeways, schools, shopping centers and etc. Very well maintained! Fireplace in the living
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View all the Rancho Santa Margarita Foreclosures. Search addresses, map the properties, view pictures and virtual tours. No cost with easy registration. Updated every 4 hours.
The city seal has the brands of Rancho Mission Viejo and Rancho Santa Margarita and Las Flores on the border, with
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Rancho Santa Margarita Real Estate
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RE/MAX Homes & Estates
Pre-Foreclosure Division
9241 Irvine Boulevard, Suite 150, Irvine, California 92618
(714) 588 -7676 ∙ www.orangecountyshortsalerealtor.com
If you are in a situation where:
• You lost your job
• Your Medical Expenses are too high
•Just went through/going through a divorce
• You are behind on your
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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
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RE/MAX Homes & Estates
Pre-Foreclosure Division
9241 Irvine Boulevard, Suite 150, Irvine, California 92618
(714) 588 -7676 ∙ www.ReMaxAnn.com
If you are in a situation where:
•You lost your job
•Your Medical Expenses are too high
•Just went through/going through a divorce
•You are behind on your payments
•You have
(0 comments)
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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.
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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
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Click for a free list of Orange County foreclosures or a free list of Orange County short sales or e-mail Me!
*************************************************************************** About the author: Christine Donovan is a California Residential Real Estate Broker with experience in assisting clients buy and sell residential real estate.
Do You Owe More
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After years in this business, my husband has learned a few realities about my business:
"I just have to return this one phone call." Translation: 30 minutes and several phone calls.
"I just have to run down to my office and shoot out a quick email." Translation: 20 + minutes in
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