Orange County's inland homes selling faster than those in coastal communities
Posted by Teresa Mihelic HelpDesk on
Ladera Ranch. Lake Forest. Rancho Santa Margarita - all of them all of a sudden are selling their home inventory at a way faster pace than the neighboring coastal cities like Laguna Beach, Corona del Mar and Newport Coast.
Ladera Ranch, especially, has seen a huge increase in the selling pace ( more homes going in escrow than any other city) since the beginning of February. Let's not forget, Ladera Ranch homes were considered in November of last's year, the second largest market of foreclosures vrs standard sales in the country! So if we need to come to a conclusion, yes, the inventory in Ladera Ranch is price considerable lower than its peak in 2007 ( some homes are selling for less than half their peak price), then you get all the fresh inventory…
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