Santa Maria – Orcutt Monday Market Update

GraphicThe market in Santa Maria and Orcutt seems to be slowing down a bit as evidenced by the last few weeks’ reports.  Is it the somewhat typical Fall seasonal slow-down?  Is it the result of all the uncertainty of our government stalemate?  Or perhaps, a combination of the two?  The distress market has nearly disappeared, with a paltry one or two properties classified as REO or Short Sale selling, and very few listings in those categories.  Prices are up and interest rates are still very low, which is a win-win situation for both buyers and sellers.  Let’s hope that we can continue to have a stabilized market here in the beautiful Santa Maria Valley!

Oct 13 - Oct 19  2013

 

 

 

 

 

 

 

 

Please feel free to call with any questions about the market, or to schedule an appointment to buy or sell a home!  (805)937-5777 or complete the Contact form below, and I’ll get back to you shortly!

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