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Home › Forums › Housing › Here is your motivation TO WAIT!!!!! $200/sqft in Mission Viejo! › And another one at $256/sqft

May 12, 2007 at 2:21 PM #52626
kev374
Participant

And another one at $256/sqft in Lake Forest.

24872 STEM AVENUE, Lake Forest, CA 92630
5bd/3ba
MLS: P561928
2500 sqft, $640,000
DOM: 92 days
ZEstimate: $757,000

These are actual listings and actual prices. How much more proof does one need that there is a serious correction starting right now? All these people bought more than they could chew with money they didn’t have and now they have to get rid of these homes!