Tag Archives: Orcutt CA homes

Woodmere Villas Orcutt Homes — 2011 Real Estate Market Update

Posted on April 29, 2011 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Woodmere Villas is a small cluster of homes in Orcutt, California. The development is located near the newly expanded Union Valley Parkway and the Edgewood Homes. For those who want to travel to Vandenberg Air Force Base, Woodmere Villas are a comfortable 20 minute trip to the main gate. Continue reading →

Posted in Santa Maria / Orcutt | Tagged , , , , | Leave a comment

Orcutt CA January 2011 Homes Update

Posted on February 12, 2011 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Orcutt Homes Real Estate Update Continue reading →

Posted in Santa Maria / Orcutt | Tagged , , | Leave a comment

Santa Maria Homes Report – First Half of 2010

Posted on July 3, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

The first half of 2010 has been pretty dramatic with the $8000 federal tax credit extension and the introuction of the $10,000 California new home and first time home buyer credit. Buyers were on a roller coaster with the first two months having moderate activity, then a blaze of acvtivity in March and April followed by low activity in May and June. Overall sales for the 6 month period were high with 553 properties being sold in the Santa Maria Orcutt area. Continue reading →

Posted in Buyer Info, Santa Maria / Orcutt, Seller Info | Tagged , , , , , , , , , | Leave a comment

2009 Orcutt CA Real Estate & Foreclosure Market Update

Posted on January 29, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

There were a total of 509 homes and condos sold in 2009 in the Orcutt area. Included in these figures are homes in the 93455 zip code which includes some homes and condos in Santa Maria that are south of Betteravia. 439 of the sales were single family homes and 70 were condos/PUDs. The average list price was $339,181, and the average sales price was $332,989 at $182 per square foot with73 days on market. For condos and PUDs, the average list price was $185,185, and average sales price was $179,203 at $132 per square foot with 89 days on the market. Continue reading →

Posted in Foreclosure / Bank Owned (REO) Info, Santa Maria / Orcutt | Tagged , , , | 1 Comment

Lake Marie Estates, Orcutt Luxury & Executive Homes Update

Posted on December 1, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Lake Marie Estates is a secluded enclave of executive and luxury homes in Orcutt, located east of Highway 101, off the Clark Avenue exit. When exiting 101 on Clark, instead of heading west toward downtown and Old Town Orcutt, head east toward the vineyards and wineries. Lake Marie offers a truly rural setting that is just minutes away from shopping and other conveniences. Continue reading →

Posted in Santa Maria / Orcutt | Tagged , , , , , , , , , , , , , , , , | Leave a comment

The Edgewood Homes in Orcutt, CA, Market Update

Posted on November 15, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

The Edgewood Homes in Orcutt are a delightful collection of one and two story homes just west of Bradley Road and north of Union Valley Parkway, adjacent to the Oak Knoll neighborhood and St. Joseph High School. These homes are about a 20 minute drive to Vandenberg AFB. They were built in the mid to late 1980′s and range in size from 1300 sq. ft. to 1800 sq. ft. The development includes a private park that is gated and for the use of residents only. Continue reading →

Posted in Santa Maria / Orcutt | Tagged , , , , , , , , , | 1 Comment

Where Have all the Houses Gone in Santa Maria – Orcutt?

Posted on July 15, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

When I searched the MLS for active properties this morning, I came up with 158 single family homes or condos for sale. 29 of those listings are short sales, and 35 are active REO listings. There are 234 contingent listings, and 222 of them are short sales. In the last 30 days, 131 homes have sold, with an average price of about $250,000, average price per square foot of $150, and averaging about 75 days on market. 28 of those sold homes were closed short sales, and 61 were REO (bank owned property) sales. Average days on market for short sales were about 120 days (this reflects the time period to obtain bank approval), and average days on market for REO listings was about 53 (this includes the time it takes to get the contract finalized by the bank). Continue reading →

Posted in Buyer Info, Santa Maria / Orcutt | Tagged , , , , , , , , , , , | 2 Comments

Central Coast Investor Tip — 20% Down Payment Required

Posted on March 22, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

For those looking to buy your first rental property, or pick up an extra one now that prices make sense again, be aware that lenders have rolled back the down payment requirements for investment property. Most lenders I polled recently say that a 20% down payment is required for an investment property. Many of us remember when lenders required a 30% down payment for investment property, and I wonder how long it will be until we are back to those days. Lenders slowly but surely increased the down payment requirement for investors during the housing boom and have slowly but surely increased that obstacle again. Continue reading →

Posted in Buyer Info, Central Coast Real Estate, Lompoc / Vandenberg Village, Santa Maria / Orcutt | Tagged , , , , , , , , , | Leave a comment

The Santa Maria Real Estate Market is Hot!

Posted on March 21, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

I know the media is saying that the real estate market is in the dumps. And I guess if you were hoping to get housing boom level prices for your home, it is. But if you are a Santa Maria or Ocutt home owner who needs to sell your home, you should know that the Santa Maria real estate market is hot! Why do I say that? Because homes that are priced in line with today’s market that are not short sales, sell in less than a week. I feel as if this is a hidden secret of today’s market place. Everyone believes that it is hard to sell your home right now, but even short sales that are well priced are receiving multile offers right now. Continue reading →

Posted in Buyer Info, Santa Maria / Orcutt, Seller Info | Tagged , , , , , , , , , , , , , | 1 Comment

Can I find 100% Financing in the Central Coast market?

Posted on March 9, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

I get this question all the time forom buyers looking to jump into the market. For the most part, the answer to that is no. There is a program through the USDA that provides 100% financing for rural properties. I’m told by a local lender that this applies to some areas of Guadalupe, and also some areas of Nipomo, but I haven’t been able to verify it. There is also the Veterans Affairs (VA) Loan Program which offers 100% financing to qualifying veterans. But unless you have some military service under your belt, you are not eligible. Other than that, right now I don’t know of any 100% financing program available to buyers. Continue reading →

Posted in Central Coast Real Estate | Tagged , , , , , , , , , , | Leave a comment