Active Rain blog

Let's look at the three south Santa Clara communities of Morgan Hill, San Martin and Gilroy and their respective real estate activity in 2008 as compared to 2007.  We'll go from north to south beginning with Morgan Hill: MORGAN HILL REAL ESTATE STATISTICS: New listings in 2008 = 890, down from 20...

Living at 16595 Rustling Oak Lane in Morgan Hill, CA is a daily pleasure.  From the moment you approach the striking custom front door, you know you've come home to a special place.  The first thing most visitors notice upon entering the home are the beautiful views of the valley and the mountain...

The number of residential sales increased again this week in the south Santa Clara County towns of Morgan Hill, San Martin and Gilroy, but 71% of the sales were for real estate priced below $500,000.  Last week there were 41 residences that went from active to pending status.  Of these, 33 were s...

Tucked into the foothills along the northwest border of Morgan Hill, Rancho Canada Del Oro Open Space Preserve is a little known county park with wonderful hiking trails.  On Sunday, my husband and I hiked up the Bald Peaks Trail and picnicked at the top with views of the peninsula, San Francisco...

The South County Realtors Association welcomed Realtors and affiliates back from a two week break with a robust meeting and a great turnout.  Over 25 real estate sales were announced and many of those sales were multiple-offer situations.  There were two sales announced that were priced over $2 m...

There are currently seventeen single family homes in the Morgan Hill zip code area of 95037 priced under $400,000.  There are twelve townhouse/condominiums priced under $400,000.  Many of the residences are short sales or bank-owned properties, but for buyers with patience, they will be rewarded ...

It has been quite a few years since a Bay Area residence could be purchased for investment purposes and have a positive cash flow from the income received from rent.  But with the large drop in real estate sale prices, it appears that not only will there be great potential for gains in equity app...

1. Decide what you can afford. Generally, you can afford a home equal in value to between two and three times your gross income. 2. Develop your home wish list. Then, prioritize the features on your list. 3. Select where you want to live. Compile a list of three or four neighborhoods you'd like t...

Not surprisingly, sales were light during the week of December 22 through 28 in our area of the south Santa Clara County towns of Morgan Hill, San Martin and Gilroy.  Last week there were 16 residences that went from active to pending status - down from 39 sales the previous week.  Of these, 13 w...

Lower priced listings sold robustly in our area of the south Santa Clara County towns of Morgan Hill, San Martin and Gilroy.  Last week there were 39 residences that went from active to pending status.  Of these, 37 were single family homes and 2 were townhouses/condominiums.  The number of activ...