Tag Archives: Orcutt Ca real estate

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 →

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2010 Snapshot – Orcutt Foreclosure Market Update

Posted on September 27, 2010 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

There are 295 active and pending homes and condos in the Orcutt zip code of 93455. Of those 295 properties, 41 homes are foreclosures (13.8%) and 113 are short sales (38.3%). So currently, over 50% of the Orcutt market is either a bank owned property or a short sale. Average asking price overall was $337,392, asking prices for foreclosures was significantly lower at $256,678, and for short sales it was $269,678.

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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 →

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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 →

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Another Twist to REO Contracts in the Santa Maria CA Market

Posted on May 17, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

I just received a counter offer back on a Bank of America property (formerly Countrywide) with a new twist that I haven’t seen before in REO contracts. Countrywide officially became Bank of America Home Loans about two weeks ago. I’ve sold quite a few Countrywide REOs and was used to how they did things. However, it appears that the switch over to Bank of America has changed some things. Continue reading →

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The Las Brisas Community in Orcutt CA

Posted on March 24, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Although not a gated community, Las Brisas offers a private setting for those who desire relative seclusion. There are two entrances into Las Brisas and the streets curve into an artful collection of cul-de-sacs and private parks. Importantly, there are no thoroughfares so traffic cannot cut through the community. The location of the community is convenient for those who are commuting as you are only a short skip to Highway 101′s Santa Maria Way exit/onramp. One story and two story plans between 1100 square feet and 1800 square feet are offered with concrete tile roofs and two car garages. The lots are smaller with some exception here and there; but you definitely have enough room to keep Fido happy without having to spend your entire Saturday on yard work. Continue reading →

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What not to do when selling your Santa Maria CA home

Posted on March 17, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Home sellers often ask what they can do to make their home sell quickly for the price they want. I believe that this is a great market for realistic sellers. Realistic meaning sellers who do not expect to get housing boom era pricing for their homes. There is actually a shortage of easy to buy homes on the market in the Santa Maria, Orcutt, and Lompoc markets. The market is clogged with short sales that stay stagnant. Homes and condos that are priced right are receiving multiple offers. That being said, time and time again I see sellers make critical mistakes when trying to sell their home. Continue reading →

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Santa Barbara County Property Tax Informal Assessment Review Requests Due March 15, 2009

Posted on February 28, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

For those who wish to request an informal property tax review from the Santa Barbara County Assessors office, the deadline to apply is March 15, 2009. It appears that the dealine for an informal review has moved up two months, as the previous year’s form had May 15th as the deadline to apply for informal review. By applying, you can submit comparative sales to help the Assessor’s office come up with a reasonable value for your property for tax assessment purposes. Continue reading →

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Village of Northpoint Condos, Orcutt CA Market Update

Posted on February 20, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

The Village of Northpoint condominium community offers a tucked away feel in the heart of Orcutt to its residents. Located just off Foster Road and within walking distance of both Righetti and St. Joseph’s High Schools, this development boasts a pool, clubhouse and tennis courts. Mature trees line the blacktopped streets dotted by clusters of townhomes with blue tinted tile roofs. There are 3 and 4 bedroom plans, each with the bedrooms upstairs and the main living space downstairs. Continue reading →

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Bank Owned Bidding Wars in the Santa Maria – Orcutt CA Foreclosure Market

Posted on February 17, 2009 by Tni LeBlanc, JD, MA, CDPE, REALTOR®

Is it a great time to buy? Yes. Interest rates are at historic lows, Congress just passed an $8000 tax credit for first time buyers, and prices just keep getting better and better. There are plenty of folks who are taking advantage of this opportunity. As such, jumping into the current market for foreclosure properties in Santa Maria – Orcutt CA can be a rude awakening for potential buyers. Currently, there is a lot of competition for foreclosed properties. REOs comprise the majority of sold properties in the Santa Maria and Orcutt housing market. Continue reading →

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