San Clemente Real Estate Foreclosures & Short-Sales Now Available On Our Website

Due to recent requests from current and past San Clemente real estate clients, we have added a foreclosure and short-sale section on our website under Real Estate.  This page includes all the current foreclosures and short-sales currently available in the San Clemente real estate market.  In addition, you now have the opportunity to search foreclosures and short-sales through our property search engine at the top of our website.  This will enable you to search San Clemente real estate foreclosures and short-sales by price, bedrooms, bathrooms, neighborhoods, etc. 

Please keep in mind the majority of the foreclosures and short-sales are in the Talega real estate market, the most inland and newest area of San Clemente.  Talega real estate, both homes and condos, has experienced the most foreclosures due to the majority of the community being developed and sold during the real estate boom.  Since a lot of the Talega homes and condos have been sold over the past couple years, many homeowners are either forced to foreclose or face the difficult choice as their homes are worth less than the amount they owe.  Some of the other areas of the San Clemente real estate market are experiencing the foreclosure pain as well, however, not as significant.  Lastly, buyers need to remember that while the San Clemente real estate market has experienced price declines and foreclosures, the market has held its ground relative to the rest of the county and state as median price has fallen around 10% over the past year as compared with 26% for Orange County and 35% for California.

For more information on foreclosures, please read our past blogs, "How to Buy a San Clemente Foreclosure" and/or contact us.