Tag Archives: Santa Maria real estate

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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Santa Maria Homes Report – First Half of 2010

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

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Santa Maria Real Estate Alert: Beware of Rental Scams on Craig’s’ List

There is a common scam run on websites (Craig’s List in particular, but not exclusively) whereby properties that are listed for sale with an agent are fraudulently advertised for rent. Typically, the person running the rental ad tells potential renters that they are overseas working (in the armed services or as a missionary, etc.) and they advertise very cheap rent. They ask the potential tenant to send a cashier’s check for the first and last month’s rent and/or a prepayment of several months of rent in exchange for them mailing the keys at a later date. Unfortunately, once your money goes out of the country, there is very little you can do to recover it. These people are very clever; they will access property records and create fake email accounts with the real property owner’s name. Continue reading

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Santa Maria Real Estate For Sale

Now that the housing boom has busted the average price for homes within Santa Maria hovers around $200,000, homes in Orcutt average higher around $300,000. Are you searching for real estate in Santa Maria market? Check out the search links before for current listings. Are you looking to sell your Santa Maria or Orcutt home? 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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People’s Self Help Housing Holds Seminar in Santa Maria

The Santa Maria Times reports that People’s Self Help Housing is offering a seminar to help homeowners who are trying to prevent foreclosure. People’s Self Help Housing is a HUD approved counseling agency. They have offices in San Luis Obispos and Santa Barbara and serve, SB, SLO, and Ventura counties. 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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River Oaks Development, Santa Maria Homes Market Update 2009

Home to Jim May Park (an 11 acre park which includes a lake and walking trails) and Ida Redmond Taylor Elementary, the River Oaks development offers an idyllic setting which parallels the Santa Maria riverbed in northeast Santa Maria. Built from 1999 -2003, these homes range from 1400 sq.ft. up to almost 3000 sq.ft. in size. Current asking prices for active and pending homes in the River Oaks development range from $260,000 to $299,900. In the past 6 months, home sales prices in River Oaks ranged from $235,000 – $310,000. Continue reading

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Pacific Crest Development, Santa Maria Homes Update

Built by a local developer, Inland Pacific Builders, Pacific Crest is conveniently located on the south end of Santa Maria and a short 20 minute commute to the main gate of Vandenberg AFB. The Pacific Crest homes were constructed beginning about 2005, and the last few homes are still being sold by the developer. The floorplans are some of my favorites built in Santa Maria, with circular interior entries, spacious kitchens, and luxurious master suite options. Continue reading

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