Facts behind Lake Forest’s homebuying dip

Homebuying in Lake Forest and Foothill Ranch ZIP codes in 2017’s first three months could not keep pace with countywide sales gains.
How did the local residential real estate market start the year? Using CoreLogic data, we compared homebuying patterns from January to March from this year and 2016.
Sales in the area fell as 187 residences sold in the past 12 months vs. 200 a year ago.
That’s a loss of 6.5 percent vs. a 3.5 percent increase countywide.
Neighborhood trends in Foothill R