Orcutt Real Estate Market Conditions & Reports, Orcutt Market Trends, California

Market Commentary Provided by Wendy Teixeira
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!

Report Date

Winter 2010

Search For Homes in Orcutt
City:
Property Type:

Minimum Price	Maximum Price

Min. Beds	Min. Baths

CONNECT WITH A LOCAL PROFESSIONAL

Wendy Teixeira
Prudential California Realty
Santa Maria, California
805-310-3505
Teixeira@agents.househunt.com
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

60-90 days

Market Trend

No Change

Housing Inventory

Good supply - Some Prices

Average Home Price

$275,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down more than 30%

Prices As % of Asking Price

95-100%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Orcutt is

Seller Activity for the past 90 days in Orcutt is

Is Financing Available For Qualified Buyers in Orcutt?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Orcutt, Santa Maria

Reason to Buy/Sell

Other

Average Sold Price

$275,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

Click here for full article...