Showing posts from October, 2023

Lake Forest BoGo is back!

Have you taken advantage of the City of Lake Forest BOGO to support local businesses.  It is such a great program.  Check out details here! In summary it allows you to purchase a $50.00 or $100.00 gift card and get a second one at the same value!  So you are getting FREE money.   There are over 80 local businesses in the city of Lake Forest that you can use the gift cards at!  Such a great way to support local businesses as well save on your purchases! Lake Forest BOGO Businesses If you have a business you still have time to add your business and with the holidays coming what a great way to bring in some extra business! I haven't seen this program at any other local cities, so I applaud the City of Lake Forest for keeping this program going!

Sales Volume down Prices up in Portola Hills Real Estate Market

As fall hits the calendar, we typically see a seasonal change in the real estate market.  Generally speaking it can be the best time to buy a home has homes that did not sell over summer, will start to see price drops and the hot selling season is over. That really hasn't been the case since before the pandemic however. Even this year, though sales volume is down, home sellers are still receiving top dollar for their home and in fact often times over list price.  That is certainly the case here in Portola Hills. Below is a look at how the Portola Hills real estate market performed in September, as you can see very strong.  We had a total of 8 homes sell and 7 went under contract.  The average days on the market is just 15 days.    Are you thinking about making a move but not sure if it is the right time for you?   Are you wishing you were living closer to family.   Did you know the number 1 reason people are making a move right now is just that, to be near family.   Search Availabl

How is the Lake Forest real estate market really doing?

As Portola Hills is a community within Lake Forest and our personal favorite 😍 it is important to understand how the overall real estate market is doing in the city of Lake Forest.  Check out the below graph of how both attached homes and single family homes are current selling.   As you can see from the above numbers, the real estate market in Lake Forest continues to remain strong.  But does that median list price of over $1.8 million dollars surprise you?   Keep in mind, right now there are number of new build homes available in the new neighborhood The Meadows.   New neighborhoods have certainly increased the value of Lake Forest homes. There currently are only 42 single family homes available and 10 attached homes available for home buyers. Low inventory is what continues to drive pricing up, so if you felt you missed out on selling for top dollar, you have an excellent chance today, it just might take a little longer than it did the last couple of years.   Homes priced right, p