Santa Maria CA condos Archives | Page 3 of 3

Santa Maria CA Gated Townhome Communities, Arborwalk & Lavigna

Built in 2004 and 2005, Arborwalk is located at the intersection of Miller & McCoy in the heart of "New" Santa Maria. This gated development is close to shopping, banks, and restaurants and it offers a fitness trail, greenbelt basin, and rose gardens throughout. Once you drive home you truly don't need your car; you can get out and walk to everything; units in this development earn high "walkability" scores. These detached town homes are excellent for buyers who don't want the obligations of yard work but still need a little outdoor space for their pet and/or a BBQ grill. Also, these homes are fantastic for investors who plan to market a rental to nearby Vandenberg Air Force Base. Arborwalk is tremendously attractive to potential renters as it sits adjacent to grocery stores, coffee shops, and restaurants.

Are you PCS’ing to Vandenberg AFB and Looking for Housing?

Vandenberg Air Force Base provides a steady source of new arrivals to the Central Coast area. Due to the attractive climate and small town atmosphere many decide to never leave or to return to the area after they retire from military service. The biggest weather related complaints here tend to be fog and wind; complaints that generate laughter from those who have spent winters living with ice, shoveling snow, and hiding from freezing sleet.

Santa Maria CA & Orcutt CA Homes For Sale

November 28, 2008
Vandenberg AFB Homes
Santa Maria

There are currently 528 homes for sale in the Santa Maria CA (and Orcutt CA) area. Approximately 250 of those homes are short sales where bank approval is necessary to complete the sale. About 141 of the remaining homes are bank owned / foreclosure listings. Thus, approximately 50 percent of the Santa Maria inventory is short saled, and about 25% is bank owned (REOs). You can search for short sales and REO Santa Maria homes at www.iLoveSantaMaria.com and www.iLoveOrcutt.com.

Buying Bank Owned Properties (REOs) in the Santa Maria/Orcutt and Lompoc/Vandenberg Village Foreclosure Market

October 7, 2008
Vandenberg AFB Homes
Foreclosure / Bank Owned (REO) Info, Lompoc / Vandenberg Village, Santa Maria

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 - Vandenberg Village active market for homes and condos, there are 198 total listings, and 20% (39) were REOs and 40% (81) were short sales. This means that 75% of the active market in Santa Maria and 60% of the active market in Lompoc and its surrounding areas could be classified as either a foreclosure or a pre-foreclosure. Certain trends or practices are becoming fairly routine in this market.