New Price! Large Popular Floor Plan in Pacific Crest Estates in Santa Maria CA– Short Drive to Vandenberg AFB
Santa Maria CA Short Sale Home for Sale
Rice Ranch, Master Planned New Home Community in Orcutt California
Rice Ranch is a master planned commmunity of new homes and condos in Orcutt California. On Labor Day, I visited the models at Rice Ranch in nearby Orcutt, California. Rice Ranch is a master planned community which will have new single family homes, high end condominiums, and a 26 acre sports complex and community park. The Orcutt California community will have over 300 acres of preserved open space. After viewing the master planned community, “Summerlin,” in Las Vegas over the Labor Day weekend, I was sold on the concept of a master planned community and curious to see how Rice Ranch was turning out.
Selling Your Home as a Short Sale in the Santa Maria CA & Orcutt CA Market
Short sales dominate the Santa Maria and Orcutt CA market. Simply put, short sales are sales where the owner owes more than the house is currently worth. Currently, 50% of the active listings in Santa Maria and Orcutt are short sales. However, 60% of the homes sold in the past 30 days are bank owned homes (REOs), and only 10% of sold homes in the last month were short sales.
Santa Maria CA & Orcutt CA Bank Owned / Foreclosure Market Update
The Santa Maria/Orcutt CA market for foreclosure properties is certainly not unique. However, because of media reports on overall trends in the national real estate market, many who venture into the local home buying market are under the misimpression that there are hundreds of cheap houses sitting out there for the picking. That is not exactly how it is currently working. I might say that about the local condo market — but not the market for homes. That is not to say that there are not bargains out there. There clearly are. But, the local market for foreclosed properties is extremely competitive. On one particularly choice recent bank owned listing, the listing agent reported 28 offers in 5 days.
Tni LeBlanc of Mint Properties, Local REALTOR e-PRO® Agent Utilizing Technology To Provide Consumers With State-of-the-Art Services
Santa Maria Real Estate Blog, Local News November 28, 2007 – As more and more consumers begin their search for real estate-related information on the Internet, it is critical that real estate professionals are well educated in the use of…
Free Santa Maria Property Search
There are so many fantastic things going on with the Santa Maria market for buyers right now. So many people who have been locked out of the market can now afford to buy. Bookmark and search for Santa Maria Listings…
