A total of 190 homes and condos sold in Nipomo in 2008. 63 were REOs (bank owned homes) and 15 were short sales. So, one third of the closed sales were foreclosures and 7% were pre-foreclosure listings. Average square footage of sold condos and homes was about 1988, average price per square foot
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01/31/2009
Somerset Gardens Both the Villas at La Ventana and Somerset Gardens townhomes were built by a well respected local builder, Inland Pacific, who is currently finishing the Pacific Crest development in the Westgate Ranch area. The townhome floor plans offered in each community are virtually identi
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01/14/2009
A total of 82 single family homes and 15 condos sold in Pismo Beach and Shell Beach in 2008. The average list price of homes sold was $990,900 and average selling price was about $895,000. The average list price of sold condos in the area was $622,620 and average selling price was was $586,000. L
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01/13/2009
Short sales are popping up all over the Central Coast of CA due to the recent housing boom/bust. Many buyers are interested in these properties because they offer the possibility of today's prices without the frenzy of the bank owned bidding process. Short sale buyers should keep the following in
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01/12/2009
A total of 1230 single family homes (condos, PUDs and manufactured homes excluded) sold in Santa Maria CA and Orcutt CA in 2008. Forty three percent of those home sold in 30 days or less. The average asking price was approximately $300,000, average selling price $292,500, and average size of thos
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01/10/2009
Lighthouse Tower at Lavigna Pool Lavigna is a new gated community of detached townhomes in the southwest part of Santa Maria referred to as the "Westgate Ranch" area. There is a lot of recent building in this area: Pacific Crest, Harvest Glen, St. Claire (now rental apartment homes), and Siena
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01/07/2009
Most of executive and luxury homes in the Santa Maria area are in the unincorporated area of Orcutt which is located to the south of the city of Santa Maria. From the secluded affluence of Lake Marie Estates, the tony gated community of Elkhorn Estates, to a variety of high end horse properties,
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01/06/2009
The Traditions & Classics homes in southeast Santa Maria were built from 2003 - 2006, and are surrounded by newer shopping in the Bradley Square area, as well as other newer home developments. Classics were meant to be the more affordable of the two developments with smaller floorplans and smalle
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01/05/2009
Many Santa Maria - Orcutt CA home owners who have the equity to sell without a short sale are trying to wait this market out. Sellers who have to sell due to job relocation, loss of income, or divorce don't have that luxury, and the market is currently flooded with difficult to buy homes (short s
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01/03/2009
Oceano is one of California's true beach towns. It is not saturated with deliberate commercialism, yet still sports cutesy names like Beach, Ocean and Surf Ave on its streets. Off the beaten path of Highway 101, Oceano instead straddles the scenic route, Highway 1. Known for the Oceano Dunes, a s
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01/03/2009