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In local housing news, the Santa Maria Times reports that the Santa Barbara County Board of Supervisors recently voted in support of two pending pieces of legislation that will close a loophole which allows owners of mobile home parks to subvert local rent control ordinances. The status quo allows park owners to void the applicability of rent control by subdividing their parks and selling off individual spaces. By subdividing and selling even one lot, rent control ordinances become null and void, thus leaving park residents vulnerable to unaffordable space rent increases.

Now onto the real estate market update for Los Alamos. My last snapshot for this area was take on April 17, 2007. Not much change in the listing information for this sleepy little town. Currently, there are 17 active listings, compared to 15 at my last reporting. One home is currently under contract. No expired listings, and only one new listing in the past 30 days. One sale was reported. It was a 1700 sq.ft., 3 bedroom, 2 bath home that was on the market 102 days before it sold for $525,000.

Next turning to the Guadalupe real estate market. No increase in the number of active listings on the market; it remained at 20 active listings. The most expensive listing currently on the market in that area is a 4 bedroom, 3 bath, 2100 sq.ft. Point Sal Dunes home offered at $459,777. Only one home currently under contract. And, in the past month, 3 homes sold, 4 homes were listed, and 2 listings expired.

Mint Properties is here to assist you with all your real estate needs. I offer personalized and professional service that is unmatched by my competitors. Please contact me at (805) 878-9879 for a free consultation.

*Based on the information from the Central Coast Regional MLS for the 30 days prior to this posting, May 2, 2007. Neither the Association, the Multiple Listing Service, or Mint Properties guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market.

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