Lake Balboa Real Estate - Bank Owned, Short Sale, REO, Distressed Homes
By Richard Johnston
(San Fernando Valley - RE/MAX Grand Central)
Lake Balboa Real Estate The monthly supply of inventory for Lake Balboa is down 58% from January '09 to January '10. At this current level, demands outstrips supply with most homes selling over asking and with multiple offers. There are currently 32 single family homes for sale and 9 condos for sale in Lake Balboa. Of these, 2 are bank owned and 13 are short sale homes. New Lake Balboa homes are listed daily on http://www.estates.la . The lowest priced home for sale in Lake Balboa is $79,900. The most expensive home is priced at $584,900. Lake Balboa is just west of the 405 freeway and centrally located in the San Fernando Valley.
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