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EASTLAKE TRAILS HOUSING UPDATE FOR MARCH 2010

Eastlake Trails is located in Eastern Chula Vista, zipcode 91915.  Eastlake Trails is a Master Planned Community that is extremely family friendly.  Most of the homes built in Eastlake Trails are close to lakes, schools, shopping, parks, and walking trails. Homes in Eastlake Trails were built from the 1990’s to 2002.

For the last 11 years running, the San Diego Union-Tribune newspaper’s annual reader’s poll has named the master-planned development of Eastlake as the area’s Best New Home Community.  Today, the development is comprised of 3,200 acres and more than 1,100 acres of parks, athletic fields, a golf course, hiking trails and a 21.5-acre lake.

Currently, there are a total of 7 homes for sale in Eastlake Trails.  There are 10 homes that are in “Contingent” status, which means the bank is reviewing the offers that were made to the seller.  In order to be in Contingent status, the property is most likely a Short Sale. What is a Short Sale?  A Short Sale is when the owner owes more than they can sell it for on the open market.  There are currently 11 homes in escrow (Pending status which means the buyer and seller have agreed upon terms and price and are now in escrow), 6 attached homes, and 5 detached homes.  There have been a total of 6 properties that have sold since Jan. 1, 2010. 

The statistics above can change from day to day.  Eastlake Trails is a very desireable community and buyer looking in this area needs to have an aggressive FULL TIME Real Estate agent looking for property every day—7 days a week. 
  
Before you get in the car an actually begin looking for homes you should be pre-qualified from a bank or experienced mortgage broker (I have great lenders I work with who can help you with all your lending needs).

Published OnBy
Tuesday, March 23, 2010 11:04:41Steve Lemack
www.beautifulcaliforniahomes.com
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