Configure local yum repo marked as failed. could you please check what went wrong here.attached the snippet

root@stbkp01 clint]# yum install vim-enhanced
Loaded plugins: fastestmirror, ovl
Loading mirror speeds from cached hostfile
Package 2:vim-enhanced-7.4.629-6.el7.x86_64 already installed and latest version
Nothing to do
[root@stbkp01 clint]# yum repolist
Loaded plugins: fastestmirror, ovl
Loading mirror speeds from cached hostfile
repo id repo name status
localyum localyum 55
repolist: 55
[root@stbkp01 clint]# yum repolist all
Loaded plugins: fastestmirror, ovl
Loading mirror speeds from cached hostfile
repo id repo name status
localyum localyum enabled: 55
repolist: 55
[root@stbkp01 clint]#