Santa Maria, Orcutt, Nipomo & Lompoc Real Estate

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Real Estate Broker/Owner - Mint Properties, Lic. #01871795 - Lic. #01871795
Santa Maria Homes Central Coast Real Estate Blog. Homes Condos Real Estate Property in Santa Maria, Orcutt, Lompoc, Nipomo, Arroyo Grande, Pismo Beach, Grover Beach & Avila Beach

ARCHIVED BLOG POSTS

2008 

The Nipomo California real estate market is piping right along with 15 sales in the last 30 days. Of those sales, 4 were short sales, and 8 were bank owned properties, so foreclosures are the dominating force in that market currently. A total of 143 homes and condos are active or contingent. Cont...
10/30/2008
Are we beginning to turn the corner on foreclosures on the central coast? The number of notices of default ("NODs") filed in both counties marked a sharp decline last month. For example in Santa Barbara county, in the proceeding 8 months of 2008, the number of notices of default averaged about 30...
10/15/2008
There is a tremendous amount of interest in buying second homes in this market. Due to the financial crisis and housing crash, some are taking the opportunity to buy a vacation home on the central coast. Although, we have most certainly seen significant price reductions, foreclosure activity is r...
10/12/2008
The Santa Maria and Lompoc real estate markets are currently dominated by foreclosure listings. Of the 663 active listings for homes/condos in the Santa Maria - Orcutt area, approximately 25% (165) are bank owned properties (REOs), and about 50% (339) were short sales. Similarly in the Lompoc - V...
10/07/2008
Rainmaker
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Tni LeBlanc, Realtor®, J.D.

Tenacious Tni (805) 878-9879
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