Morgan Hill is still feeling the pinch of the down market. However, there are signs that we are just about at the bottom of the dowturn.
Average price is down, but not as dramatically as some previous months. Inventory is up, but this is to be expected as we work foreclosures and short sales out of the system. Other numbers, like total sales and homes added to the market are actually looking up.
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Overall, the news is actually pretty good for Santa Clara County. While the inventory numbers still remain high, new listings are down and sales are up. Also keep in mind that a HUGE portion of the homes in inventory are foreclosures or short sale properties (nearly 4000!) In fact, the general trends all seem to support the idea I have been sharing that we are either right at or very near the "bottom" of this market. Watch this months video for all the data and details!
Holiday Lake Estates has seen very little action in recent months. However, we can finally see that some homes are at least getting attention. Unfortunately, in the month of August, only one home went pending. Here is the data
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It may seem obvious, but despite that fact, many relationships in real estate fail because the buyers, sellers or agents are not communicating effectively. In this weeks show we talk about not only the importance of good communication, but how email, voicemail, phone calls and facr to face talks fit in. Plus we cover all the latest real estate news for this week.
Some good news this week and a few more reasons to give condos a serious look. The big media has caught on to what I have been reporting for a while now, the good news is that the bad news has slowed the rate at which it is geting bad - which is good. Trust me, it all makes sense.
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The professional choice for Southern Silicon Valley real estate. Check my website for real estate news, analysis and MLS access! Licensed since 1988! AIM:robertsoldit YIM:soldbyrobert
Born and raised in the Silicon Valley area. I started in Real Estate in 1988, fresh out of San Jose State University, and have watched as the market has taken some amazing turns.
I have a great track record of getting the lowest price for my buyers and the highest price for my sellers. I understand that my duty is to represent the best interests of my clients. That means I negotiate hard and effectively to get my client the best deal possible. I know what to watch out for and I am proud of my exceptional record of successfully closing transactions, even when it seemed like everything possible has gone wrong. I pride myself on being a problem solver who can make things happen after others have given up.
Unlike others, I don't claim to "specialize" in an area the size of most states. I specialize in Morgan Hill properties of all types. Of course, I can and do help clients with their needs outside of the area I like to specialize. This includes communities like Los Gatos, Blossom Valley, Almaden Valley, Scotts Valley and my old stomping grounds in Capitola and Aptos. For those areas I don't work in, I will be happy to refer you to an agent who takes their job and responsibilities as seriously as I do.
I concluded a two year sabbatical in London England in 2007. During that time, I remained active as a consultant to those with real estate needs in California while also gaining international real estate contacts to further help my future clients. I now have an international element as part of my standard marketing plan for all the homes I list.
While the bulk of my business has been built on successfully marketing homes for sale, my track record in helping buyers in residential real estate is among the best in the business. Also, I have created helpful software that allows my buyers to track homes they have viewed, rate them, experiment with loan numbers and track all the key aspects of their real estate purchase.
I also have a background in helping both seasoned and new investors locate opportunities ranging from single family home rentals, to multi-unit apartment complexes. I can assist with not only finding the property, but helping in the pre-purchase analysis of the property. I have even developed my own software to help my investor clients analyze investment opportunities.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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