According to ZipRealty as of June 28, 2007 there are now 429 inventory units for sales in Lake Forest, CA (Orange County). Not too shabby when you consider we have a population here of approximately 69,000 people (2005 stat).
223 of these 429 units in Lake Forest are single-family home units.
On May 24th OC Prudent Bears reported that Mission Viejo, California, our affluent neighbors to the south of Lake Forest, was now witnessing home inventory of over 1,000 units.
Now OC Prudent Bears shares with us that Newport Beach, Calfifornia has achieved the same notoriety.
Wow! Now just stand back and watch the numbers grow.