Ranch Real Estate For Sale

South Orange county, CA. real estate market analysis?

This is a re-post due to not getting any usable answers. I know that housing market is not doing too hot these days but Ladera Ranch in Mission Viejo seems to be going down in price a lot more in comparison with other areas and there are LOTS of properties out for sale. I want to find out if there’s anything in particular (other than current market trend) that is driving the residents out of the area and prices way down? Neighborhood seems clean and well put together so I was very surprised at the good prices they had. Want to find out more about the area before I start looking seriously. Looking for input from people of LR or people that know the area well, perhaps an OC agent??? In addition any fabulous buys out there in south OC? Thanks.

I live in Dana Point, and know the OC are well. Ladera experienced a more rapid appreciation than the surrounding areas (mission viejo, laguna niguel… etc.). What happens in a down market, is that things tend to right themselves. One, the rapid appreciation is counteracted by sales prices dropping rapidly. Two, Ladera was a hot new community not too long ago, and has since lost it’s “hot” streak. With it not being as desirable, prices are going to drop a little extra also. Best bet in OC, and I stand firm on this… you want a good investment, you gotta get a view of the ocean. There is no substitute for having property that is limited (ocean view). Just so you know, Coto de Caza right up the road from Ladera, is seeing similar downspikes in appreciation.

And for the love of God… stop believeing everything you read, there is no such thing as a “bubble”. These are regular cycles in the market, this isnt the first time this has happened and wont be the last.

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