my las flores: Short Sales Still Plaguing Las Flores - 09/01/09 02:35 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 … (3 comments)

my las flores: Upper Price Points Still Stalled in Las Flores - 04/27/09 06:35 PM
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 them are short sales, and presently there are no bank owned homes active. Unfortunately, I'm fully expecting the foreclosures to increase in the next 30 to 120 days (refer to my post on OC Real Estate Voice) and subsequently bank owned listings to increase.
(1 comments)

my las flores: What Comes Out of 'The Black Hole' - 02/26/09 01:42 PM
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 the office. "I'll be in my office catching up for just a bit." Sadly the translation: I'll be in bed about an hour after you. Consequently, he has affectionately referred to my home office as, 'The Black Hole.' I have three children so he certainly appreciates the fact that I … (5 comments)

 
Linsey Ehle (M Realty)

Linsey Ehle

Rancho Santa Margarita, CA

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