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Winter 2012 Market Update
It’s the perfect storm! Low home prices, great inventory and low interest rates (fixed)! FHA only requires 3.5% down. Great for first time home buyers. Now is the time to buy!
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| Average Home Price | $275,000 - View Graph Trend |
| Average Price Compared to Last Year | Down more than 30% |
| Average Time on Market | 60-90 days |
| Prices As % of Asking Price | 95-100% |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Multiple Offers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Other |
| Housing Hot Spots | Orcutt, Santa Maria |
| Average Sold Price | $275,000 - View Graph Trend |
Orcutt Local News
News for Orcutt, CA - September 14th, 2011 3:57pm
Orcutt is a great place to live! With ample inventory of wonderfully prized luxury homes, to great opportunities for Orcutt condos and Orcutt homes to purchase. Interest rates are under 4%!! Call Wendy Teixeira at 805-310-3505 for further information on the opportunity that lies right before you.. Also visit her website at www.CallWendy.com!
News for Orcutt, CA - March 22nd, 2011 5:01pm
Home prices are stabilizing and interest rates are still the lowest in recent history, therefore creating a great buying opportunity for investors, first time home buyers and those home sellers looking to make a move "up" or downsizing. Nicely priced properties in the Orcutt community sell quickly! So if there is a home or property that looks like a perfect fit, don't wait! Call and we'll get you into that perfect home at the perfect price!
Contact Information
Wendy Teixeira
805-310-3505
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– Feb 11th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Wendy Teixeira
Prudential California Realty
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 805-310-3505
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