Robert Whitelaw, Broker, CEO, Realtor®, ePro

Well, it is that time of year again and the latest numbers show that Holiday Lake Estates is finally seeing an increase in activity! In fact, the market has improved enough that I can start reporting these numbers quarterly, instead of every other quarter.

Prices have stabilized a bit, but are clearly off from our peak of about $1,100,000 when the market was at its highest. We have managed to sell some properties that had been on the market for a very extended period. Here are all the numbers for the first half of 2009.

January - July 2009, Real Estate Market Activity Report

Holiday Lake Estates - Single Family Residential Homes

Address City Beds Bath DOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   ACTIVE  3441 Oak Ln   Morgan Hill   3   2  213     2,055   $681.27   20,000   $1,400,000   37        17405 Blue Jay Dr   Morgan Hill   3   2  102     2,500   $239.6   25,264   $599,000   31         AVERAGE VALUES     158     2,278   $460.44   22,632   $999,500   34       PENDING  17480 Hoot Owl Wy   Morgan Hill   6+   3  62     4,518   $189.23   17,859   $854,950   55        17740 Manzanita Dr   Morgan Hill   3   2  16     2,400   $353.75   12,632   $849,000   33        17555 Manzanita Dr   Morgan Hill   4   3 1/2  44     3,319   $207.86   22,360   $689,900   32        17211 Lakeview Dr   Morgan Hill   3   3  49     2,328   $235.82   19,602   $549,000   33         AVERAGE VALUES     43     3,141   $246.67   18,113   $735,713   38       SOLD  17564 Holiday Dr   Morgan Hill   4   3 1/2  185   35   3,596   $291.99   23,522   $1,175,000   36   $1,050,000    17151 Copper Hill Dr   Morgan Hill   5   2 1/2  22   27   2,600   $269.21   23,958   $699,950   42   $699,950    17071 Copper Hill Dr   Morgan Hill   4   2 1/2  138   50   2,640   $259.47   26,136   $738,900   35   $685,000    17451 Blue Jay Dr   Morgan Hill   4   3  120   53   2,302   $293.22   20,037   $759,900   32   $675,000    17401 Lakeview Dr   Morgan Hill   4   2 1/2  6   22   2,210   $287.33   20,037   $675,000   32   $635,000    17076 Shady Lane Dr   Morgan Hill   3   2 1/2  35   46   2,316   $272.38   34,848   $645,000   31   $630,830    17474 Lakeview Dr   Morgan Hill   5   3  136   32   3,412   $183.44   22,215   $639,900   35   $625,900    17525 Holiday Dr   Morgan Hill   3   2  290   60   1,724   $313.23   20,037   $574,900   34   $540,000    17109 Shady Lane Dr   Morgan Hill   2   1 1/2  289   35   1,274   $404.24   12,825   $499,999   52   $515,000     AVERAGE VALUES     136   40   2,453   $286.06   22,624   $712,061   37   $672,964       AVERAGE VALUES FOR ALL     114   40   2,613   $298.8   21,422   $756,693   37   $672,964

Quick Statistics ( 15 Listings Total)   Min Max Median List Price $499,999 $1,400,000 $689,900 Sale Price $515,000 $1,050,000 $635,000

NOTE: This is a report of ALL real estate activity for the community noted above. No claim is made that Whitelaw and Sons Real Estate or its Agents and Brokers represented the buyers or sellers in any of the transactions listed. ** Information contained on this report is designed for accuracy but is not guaranteed **

That's right, this week we talk about a trend in the foreclosure business that I think people can really profit from. In many areas, there are now multiple offers on foreclosures. Well, I have come across a way for you to not only beat out ALL those offers, but to pay LESS than all the others are offering! How can this be? Dark magic? Divine intervention? Bribery? Nope, just take advantage of a trend I spotted that might not last too long!

Click Here To Listen To Podcast

Or - Follow This Link To See It In iTunes!

That's right, this week we are talking about some fees. A recent court ruling negated one brokerages fees they were charging to clients. However, that does not mean that the fee is dead, it just means they need to handle it differently. So what does this mean for you? We discuss.

Lots to hear in this weeks podcast, click the link below to listen to the podcast, or head on over to iTunes and download it to your iPod! Simply go to itunes and search on 'rebelbroker'.

Click Here For The Podcast

Click Here To Open Podcasts In iTunes

I stopped posting my podcasts to Activerain a while back. Well, I have since been told by a few folks that they miss being able to track my podcasts and market info on Activerain, so I am back and will be posting all my real estate related work here. So here it is, my return to podcasts on Activerain! If you want to get access to all the other podcasts I have done (I just stopped posting them here, not doing them), you can find them at my website (www.soldbyrobert.com). Thanks go out to all those who were kind enough to enourage me to start posting this material here again.

There was a lot of news out there over the last week. The Fed/Treasury is doing its best to take us down the same economic road that nations like Zimbabwe have followed (not good). There are also a few news items out there that dovetail into one another in an interesting way - from a real estate point of view anyway. Take a listen for all the details. Plus, we edge toward some conspiracy theories. Be patient with me, I wander into the political weeds a bit - but trust me, it all relates to real estate eventually!

FOLLOW THIS LINK TO THE PODCAST

Los Gatos has been able to delay the effects of the down market much longer than most others. However, that time has passed. We are seeing increases in inventory, increases in new listings and declining sales. Take a look at all the latest numbers for Los Gatos by watching the included video presentation.

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Summary Of Sold Homes in Los Gatos, California Single Family Residential   Address City Beds Bath DOM CDOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price  15921 Quail Hill Rd   Los Gatos   6+   4+  172   172     4,241   $660.22   41,382   $2,999,995   4   $2,800,000    130 Bersano Ln   Los Gatos   4   3 1/2  3   3   28   3,841   $520.44   4,713   $1,999,999   1   $1,999,000    16961 Placer Oaks Rd   Los Gatos   5   3 1/2  8   225   17   3,165   $597.16   11,722   $1,999,000   1   $1,890,000    203 Loma Alta Av   Los Gatos   4   3 1/2  55   55   46   3,143   $564.75   8,712   $1,999,900   13   $1,775,000    107 Bersano Ln   Los Gatos   3   2 1/2  98   98   31   2,476   $675.48   5,489   $1,685,000   1   $1,672,500    139 Old Orchard Dr   Los Gatos   4   2 1/2  23   82   34   2,199   $532.06   9,900   $1,280,000   46   $1,170,000    261 Belblossom Dr   Los Gatos   4   2  54   89   30   2,333   $460.78   10,000   $1,199,000   38   $1,075,000    234 Almendra Av   Los Gatos   3   2  82   82   16   1,742   $574.05   7,000   $995,000   73   $1,000,000    15472 Benedict Ln   Los Gatos   2   1  49   49   53   836   $759.57   9,625   $699,900   59   $635,000     AVERAGE VALUES     60   95   32   2,664   $593.83   12,060   $1,650,866   26   $1,557,389       AVERAGE VALUES FOR ALL     60   95   32   2,664   $593.83   12,060   $1,650,866   26   $1,557,389     Quick Statistics ( 9 Listings Total)   Min Max Median List Price $699,900 $2,999,995 $1,685,000 Sale Price $635,000 $2,800,000 $1,672,500 ** Information contained on this report is designed for accuracy but is not guaranteed **

NOTE: This is a MARKET ANALYSIS. In order to provide complete information, all homes sold are listed for the noted community. No claim is made that I represented either the buyer or the seller in ANY of these transactions. The homes sold are reported simply to provide complete information on what homes have sold during a specific period of time.