Beautiful Lake Forest Home with Park View

21691 Johnstone Dr, Lake Forest 92630 - SOLD!

3 Bedroom 2.5 Bath
3 Car Garage
Almost 2,100 sqft 

Popular light and open floor plan
Plush New SmartStrand Carpeting. 

New Designer Paint. 
Impressive Architecture and Vaulted Ceilings. 

Newer Front Door and Front Windows. 

White Plantation Shutters. 
Six Panel Doors throughout. 

Sunny Kitchen with Granite Counters and Granite Breakfast Bar. 

Step-down Family Room with Granite Fireplace & Fan. 

Spacious Master Suite with Walk-in Closet, 2nd Closet and Built-in Shelving. 

Master Suite Bath with Air Tub, double sink vanity and Separate Shower. 

Relax on your Spacious Master Suite Ironwood Deck with Park View. 

Indoor Laundry Room. Newer Furnace and Central Air. 

3 Car Attached Garage with Insulated Roll-up Doors. 

Great Backyard with Covered Patio, Catalina 6 person Spa, Fountain & Fruit Trees. 

Tile Roof. Walk to Park with Tennis courts and play area. 

Nearby Award Winning School. 

No Mello Roos Tax. Standard Sale! 

only $569,900

Orange County Register says some Orange County Home Sales up 30%

This is part of an article that was in the Orange County Register on February 6, 2012:
Thomas wrote: "Overall, demand, the number of new pending sales over the prior month, is up 15 percent compared to 2011 ... That's the market as a whole, though. For homes priced below $500,000, demand is up an astonishing 30 percent. That's a lot of momentum considering the housing market hasn't even hit its stride with the beginning of the Spring Market right after Super Bowl Sunday. This is more than an encouraging start to 2012; it is a real sign of a much different housing market for 2012."
Check out the OC Register real estate news:
http://www.ocregister.com/sections/business/real-estate-news/

First Team Real Estate Home Mortgage Update

Orange County #7 in 2011 Price Drop

While nationally, the median list price has been on the rise the last year, increasing 5 percent year-over-year to $188,000, according to December 2011 housing data published by Realtor.com. 

But home prices the past year haven’t been rising everywhere. For example, Detroit continues to face a plague of foreclosures that are bringing home values down in the area. The metro area had the biggest drop in median list prices the past year. 

The following are the cities with the biggest drops in median list prices year-over-year, based on December 2011 housing data of 146 metro markets tracked by Realtor.com.

1. Detroit: -11.01%
Median list price: $80,000

2. Chicago: -10%

Median list price: $189,000

3. Las Vegas: -7.62%
Median list price: $120,000

4. Sacramento, Calif.: -6.98%
Median list price: $199,900

5. Los Angeles-Long Beach, Calif.: -6.37%
Median list price: $324,900

6. Atlanta, Ga.: -6.25%
Median list price: $150,000

7. Orange County, Calif.: -5.53%
Median list price: $425,000

8. San Francisco, Calif.: -4.92%
Median list price: $599,000

By Melissa Dittmann Tracey, REALTOR® Magazine Daily News