Rancho Santa Margarita Homes & Lifestyles

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Short Sales & REOs in Rancho Santa Margarita’s Lyon Promenade

November 7th, 2008 · No Comments

Home sales remain sluggish in Rancho Santa Margarita’s Lyon Promenade.  Per SoCal MLS there currently two active listings in the Lyon Promenade.  One is a short sale, the other a bank-owned property.
7 Calle del Mar (4 Bedroom, 1950 sq. feet) – REO / Lender Owned -Priced at $514,900 (as of 11/7/08)
This property was listed in [...]

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Tags: 4 bedroom homes · 5 bedroom homes · bank owned · foreclosure · lyon promenade · rancho santa margarita · reo · rsm · short sale

Rancho Santa Margarita – Home Sales, Short Sales, REO and Bank-Owned Properties

November 3rd, 2008 · No Comments

Despite the economy and difficulty many are facing in their effort to obtain financing,  Rancho Santa Margarita home sales in 2008 are showing a healthy increase over the closed sale numbers for 2007.  Per SoCal MLS (rounded to nearest $50.00):
October 2008 – 77 closed sales

Closed Single Family Homes – 35 at an average price of [...]

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Tags: Housing Market · bank owned · bank owned homes · buying a home in rancho santa margarita · home sales · orange county · questions about short sales · rancho santa margarita · rancho santa margarita housing market · real estate · reo · rsm · short sales