Tag Archives: lompoc real estate

It’s a Sunny Day in this Move in Ready Lompoc Home On Corner of Rucker Road Near Mesa Oaks!

It s a Sunny Day in this Move in Ready Lompoc Home On Corner of Rucker Rd Near Mesa Oaks! Overview Maps Photos Description Neighborhood IDX Search $195,000 Single Family Home Main Features 3 Bedrooms2 Bathrooms1 UnitInterior: 1222 sqft Location … Continue reading

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Lompoc 2011 January 2011 Real Estate Market

Lompoc January 2011 Real Estate Market Continue reading

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2010 Lompoc Real Estate Market Update

It’s the beginning of a new year, so many people are waiting anxiously to hear how many homes and condos were sold in Lompoc last year, what the average sale price was, and how it compared to 2009. Continue reading

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Lompoc Luxury Homes: Foreclosure Real Estate Update

Looking at the luxury real estate market in Lompoc California, there are currently 29 homes priced above $400,000 with an average list price of about $592,000 and 145 days on market, and a median asking price of $499,000. Looking at the luxury foreclosure market, there was only one active luxury foreclosure listing and there were 2 available short sales in Lompoc. Continue reading

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Lompoc Real Estate: Lompoc Condos For Sale & Market Update

Are you in the market for a condo in the Lompoc CA area? (93436) There are currently 37 condos (and PUDs) listed for sale in the Lompoc real estate market. The average asking price is about $152,000 and sellers are … Continue reading

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2010 Snapshot: Lompoc Foreclosures

Lompoc California foreclosure activity: There are 213 active and pending homes and condos in Lompoc currently. Of those 213 properties, 49 homes and condos are foreclosures and 80 are short sales. So, 60% of Lompoc inventory is either a bank owned property or a distress sale. The median asking price for an actively listed home is $245,000 with 68 days on market; for condos the median is $135,000 with 49 days on market. Looking back six months, there have been 227 sales in Lompoc with an average listing price of $235,353, and an average selling price of $234,060, so sellers are getting about 99.4% of their asking prices in Lompoc indicating that there is not much bargaining room for buyers in this market. Continue reading

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Santa Maria and Lompoc First Time Buyers, FHA Loan Info

What is an FHA loan? — Essentially a FHA loan is a loan that is guaranteed by the Federal Housing Administration. Lenders typically do not want to lend unless on a home unless a buyer has a 20% down payment. If there is less than a 20% down payment, mortgage insurance is required. And, in today’s market unless you have a credit score at least 720 or above you won’t be able to get mortgage insurance. Continue reading

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