Just How Far Did South County Home Prices Fall?

Published in November 18th, 2008

Posted by Gretchen Merrick in Price, Real estate, short sale, foreclosures, Santa Clara County, Morgan Hill, South Santa Clara County, Gilroy, MLS, statistics, housing market, pricing, average price, home selling, Morgan Hill Real Estate, Gilroy real estate

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I’ve had several clients and friends recently ask me just what, exactly, have home prices been doing in south Santa Clara County since they peaked. And, by the way, just when did they peak? To answer that question, I turned to MLSListings Pro where Realtors go to look at the Multiple Listing Service.
Here’s what I found for […]

Santa Clara County Real Estate Stats Nov. 2008

Published in November 17th, 2008

Posted by Miri Bialik in Real estate Market, Buyers, REO, Price, condition, expensive, house, Real estate, homes, schools, short sale, short sales, Santa Clara County, down payment, appreciation, investors, location, remodeled

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QUICK UPDATE:
The units sold in October 2008 v. October 2007 were up 57%. Most of that activity happened in homes under $500k, short sales and REO (Real Estate Owned by the bank after foreclosure or how you would want to call it “Real estate Opportunity”) In addition, the 1 million plus range […]

Len Tillem talk show, Monday 10/20/08

Published in October 20th, 2008

Posted by Miri Bialik in buy, buyer, seller, Sellers, Price, Real estate, agents, home, Neighborhoods, property, Home owner, bought a house, disclosure, investing, Len Tillem, neighbors, new home, new property

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A new home owner called Len Tillem on his Radio talk show today. He bought a house close to a freeway. There was no disclosure about traffic noise and he assumed that it was quiet. He claimed that he only saw the place during the weekend and it was quiet. Now that he moved in […]

Santa Clara County Stats 9/15/2008

Published in September 21st, 2008

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The world economy is shaky; the Dow Jones Index lost 504 points in one day, and looking at the candidates to lead the most important country in the world is not encouraging. The papers predict a grim economic future; prices are dropping in most of the U.S. People are having a hard time getting loans […]

South County Sales Week of August 27 - September 2, 2008

Published in September 3rd, 2008

Posted by Gretchen Merrick in Real estate Market, Price, Real estate, home, Morgan Hill, San Martin, Gilroy, pending sales, housing market, list price, housing inventory

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This was a much more active week in the South County than last week. Twelve more homes went to pending status than last week for a total of 43 sales! Of these sales, three were condo/townhouses and the remainder were single family residences.
Of these 43 sales, the lsit price ranges were as follows:
$200,000 - $500,000 […]

South County Sales Week of August 20 - 26, 2008

Published in September 3rd, 2008

Posted by Gretchen Merrick in Price, Real estate, Morgan Hill, real estate buyers, San Martin, Gilroy, pending sales, housing market, list price

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Sales are down from the previous week but still much healthier than they were early in 2008. In the towns of Morgan Hill, San Martin and Gilroy, there were a total of 31 listings that went under contract last week.
Of these 31 sales, the list price ranges were as follows:
$200,000 - $500,000 = 18 sales
$500,000 […]

Real estate profession gets harder and more complicated

Published in July 16th, 2008

Posted by Miri Bialik in Real estate Market, Broker, mortgage, sell, seller, Buyers, lender, Sellers, Price, house, Real estate, homes, schools, home, markets, California, Santa Clara County, contract, homes sale, purchase agreement, disclosures, down payment, flower arrangements, funds, inspections, loan, negotiate, property

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In California the Real Estate Broker is responsible for pre qualifying the buyers, finding a suitable house/property that will fit the needs and budget of the buyer, negotiate the best price and terms, write the contract which is the purchase agreement, coordinate with the lender to get the best loan, inspect […]

South Santa Clara County Real Estate Statistics

Published in July 8th, 2008

Posted by Gretchen Merrick in Real estate Market, Price, Real estate, Morgan Hill, South Santa Clara County, San Martin, Gilroy, statistics, housing market, pricing, average price, housing inventory

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Well, there is good news to report here in the South County - finally! In Morgan Hill, San Martin and Gilroy, the number of active listings is down from last month, sales are up and average sale prices have inched up as well. Looks like we’re in the middle of the summer buying season and buyers are seeing […]

Let’s talk statistics

Published in May 14th, 2008

Posted by Gretchen Merrick in Price, Real estate, home, Morgan Hill, South Santa Clara County, San Martin, Gilroy, MLS, median price, statistics, contract

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Here in the south Santa Clara County area consisting of Morgan Hill, Gilroy and San Martin, pending sales have risen as Spring progesses. In January of 2008, we had 56 single family residences (sfr) go under contract. In February, 2008, 68 went under contract. In March, 2008, 80 went under contract and in April, 2008, […]

Iphones and Terabitz… quickly finding you a Home!

Published in May 2nd, 2008

Posted by Tracey McNeely in Uncategorized, Inventory, prices, Real estate Market, buy, buyer, sell, seller, Buyers, Sellers, Price, asking price, bath, bedroom, dollars, house, money, neighborhood, silicon valley, Real estate, homes, agents, for sale, schools, home, Neighborhoods, CA, elementary schools, school district, iphone

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Intero Real Estate Services is the first real estate brokerage to use iphone technology designed by Terabitz. What this application does is allow an iphone user to type in a street address, or MLS# and find a home that is for sale. I have been trying it out on my iphone. […]

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