Portola Hills: Top OC spot for distressed listings
The overall Lake Forest home market -- older parts of the city plus Foothill Ranch and Portola Hills -- had 192 residences listed for sale as of Jan. 5 with 62 new deals opening in the past 30 days.
That means, by one theory, it would take 3.10 months to sell all inventory at current pace of new escrows in the town vs. 3.65 months countywide.
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