Tag Archives: Santa Maria condos

Hancock Village Condos in Santa Maria, CA — Real Estate Market Update

The Hancock Village Condos are located in southeast Santa Maria near Marian Hospital, Allan Hancock College, and Trader Joe’s. The Hancock Villagae Condos are located immediately adjacent to the prestigious of Hancock Park subdivision and charming Joe White park. Hancock Village condominiums offer convenient access to Highway 101 and the Five Cities area. Nearby townhome and condominium developments include Stonegate, Casa De Campo, Townhomes East, and the Villas at La Ventana. Continue reading

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Santa Maria Real Estate – Santa Maria Condos For Sale & Market Update

Are you in the market for a condo Santa Maria CA? There are currently 98 condos listed for sale in the Santa Maria real estate market. The average price is about $170,000 and sellers are asking about $124 per square foot for condominiums. Continue reading

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Can I Buy a Santa Maria Condo with FHA Financing?

Can you buy a condo in today’s market with FHA financing? The answer is yes you can, but it is very difficult lately. Fannie Mae enacted guidelines which have impacted the condo market tremendously. These guidelines were meant to encourage owner occupancy and stability in condo associations but in many instances they have ended up penalizing associations not already in conformance with those guidleines and making all but impossible for them to ever conform. Continue reading

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Does 'Days on Market' Always Tell the Whole Story?

It’s the end of the year and time to begin compiling data and drawing conclusions about what the real estate market was like in Santa Maria and Lompoc this past year. Often, sellers and buyers rely on “days on market” to tell them additional and useful information about the real estate market. However, as with any one statistic, days on market can be an unreliable and misleading indicator of true market conditions. Continue reading

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Orcutt View Park Townhomes, Old Orcutt CA Condo Update

Nestled between May Grisham Elementary and Highway 135 is a strip of cute little townhomes known as the Orcutt View Park Condos. These homes offer 3 bedrooms, two baths, a one car garage, and a birds eye view of community sporting events held in the sporting fields next to the school. They are about are about 1400 sq. ft. in size and the association dues are about $180 per month. Most of the townhomes offer a small patio and backyard. For those who wish to commute to Vandenberg AFB, the location is ideal; the commute time is about 15 minutes to the main gate. Continue reading

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The Hidden Pines Development, Santa Maria CA Gated Homes Community Update

Are you looking for a home in a gated community in Santa Maria? You may want to check out the homes in Hidden Pines. It is located near Preisker Park and across the street from the gated community of Regency Estates. Continue reading

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Can I Buy A Home for $25,000 in Santa Maria, CA?

You would be surprised how many times I am asked this question with amounts varying from as little as $5000 to $50,000. And my answer to that is an easy no. I even had someone ask me about an $81,000 home in Foxenwood Estates! When I ask these potential buyers where they are getting this type of information, they point to the various foreclosure related websites. After sampling a few, for properties that are in pre-foreclosure (i.e. a Notice of Default has been filed) the amount of the payments that are in arrears, or the amount of the second loan owing on the property shows up as the list price, when in fact the home may not even be listed with a broker. Continue reading

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

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

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Mission Creek Village Condos vs. Oak Creek Villas (Santa Maria CA & Orcutt CA Condos)

The Mission Creek Condos and Oak Creek Villas were built by local builder, Inland Pacific, who is also currently finishing up Pacific Crest in Westgate Ranch. Oak Creek and Mission Creek offer the same basic floor plans and amenities; however, … Continue reading

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Are you PCS'ing to Vandenberg AFB and Looking for Housing?

Vandenberg Air Force Base provides a steady source of new arrivals to the Central Coast area. Due to the attractive climate and small town atmosphere many decide to never leave or to return to the area after they retire from military service. The biggest weather related complaints here tend to be fog and wind; complaints that generate laughter from those who have spent winters living with ice, shoveling snow, and hiding from freezing sleet. Continue reading

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