Laguna Beach Short Sales On The Decline In Laguna Beach, CA

Posted by Sam Smith Team on Wednesday, August 24th, 2011 at 12:00pm.

Distressed short sale listings are on the decline in Laguna Beach as many of these short sale listings are being sold and newer homes are coming on the market as non-distressed listings.  Currently there are 51 short sale listings in Laguna Beach with a total of 10 bank owned properties on the market.  In recent months we have seen over 70 short sale listings on the market at one time which nearly represented a large percentage of distressed homes on the market.  These distressed listings offer home buyers will an excellent opportunity to buy homes at a reduced sales price.  If you are in the market to buy a home in Laguna Beach we encourage you to consider some of these short sale properties.  $359,000 is the lowest price short sale and located in the Terraces Laguna Beach community.  Terraces is a great place to find a single family homes in the Laguna Canyon area.   The highest price short sale listing can be found in the Three Arch Bay community and currently listed for $8,495,000 as an oceanfront home.  For more information short sale listings in Laguna Beach simply go to our Laguna Beach short sale page.  We specialize in Laguna Beach Short Sales and look forward to assisting you.

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