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 million.  A lot of new real estate listings were also announced as well as changes to existing listings - lots of price reductions. Three Morgan Hill real estate listings were on tour this morning:  408 Scotts Bluff Place ($978,000), 15750 Casino Real ($700,000) and 820 Mercedes Drive ($724,900). 820 Mercedes Drive is a well-priced 6 year-old single story home with 4 bedrooms and 2 1/2 bathrooms.  The home is 2727 sq.ft. and it is situated on a 7841 sq.ft. lot.  It is a lovely home with a nice fl... 01/08/2009

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 with a nice Morgan Hill home at a very attractive price. Let's take a look at a couple of homes. 17165 Birch Way, priced at $399,000, is a 1295 sq.ft. home with 3 bedrooms and 2 bathrooms on a 7405 sq.ft. lot.  Birch Way is in the Nordstrom Elementary School boundary. This home is a short sale.  It was purchased for $664,800 in March of 2006. 199 Bender Circle, priced at $384,000, is a 1827 sq.ft. home with 4 bedrooms and 2 bathrooms.  It sits on a 6300 sq.ft. lot. 199 Bender Circle is also a sh... 01/08/2009

Sales just keep plugging along in our area of the south Santa Clara County towns of Morgan Hill, San Martin and Gilroy.  Last week there were 28 residences that went from active to pending status.  Of these, 25 were single family homes and 3 were townhouses/condominiums.  Of these sales, the list price ranges were: Less than $200,000 = 1 sale (3% of total) $200,000 - $500,000 = 16 sales (57% of total) $500,000 - $800,000 = 8 sales (29% of total) $800,000 - $1,200,000 = 3 sales (11% of total) As of December 14, 2008, there are 668 residential listings active on the market in Morgan Hill, San Martin and Gilroy, and 231 pending residential listings.  Therefore, 26% of the total listings are pending under contract as of this date, still a healthy number for this time of year.  Many of the p... 01/02/2009

  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.       Summary Of Comparable Properties Single Family Residential   Address City Beds Bath DOM CDOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   SOLD  1645 Mission Avenida   Morgan Hill   4   3 1/2  130   130   45   5,104   $289.97   15,871   $1,515,000     $1,480,000    920 Llagas Rd   Morgan Hill   4   2 1/2  72   72   53   3,031   $404.16   41,817   $1,298,800   18   $1,225,000    1... 09/14/2008

  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   Summary Of Comparable Properties Single Family Residential   Address City Beds Bath DOM CDOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   PENDING  17680 Raccoon Ct   Morgan Hill   4   3 1/2  76   76     2,680   $317.15   29,185   $849,956   36         AVERAGE VALUES     76   76     2,680   $317.15   29,185   $849,956   36         AVERAGE VALUES FOR ALL     76   76     2,680   $317.15   29,185   $849,956   36       Quick Statistics ( 1 Listings Total)   Min Max Median List Price $849,956 $849,956 $849,956 Sale Price       View All Photos    Virtual Tou... 09/13/2008

  The summer season appears to be over for Morgan Hill. It arrived a little later than last year and July looks like it might just end up being the last we see of it. Overall, the short term numbers are mildly encouraging. However, the year on year numbers do not paint an encouraging picture.  We are clearly still feeling the down market and while we may be getting a hint of a "bottom" with some of our numbers, we are still facing an uphill battle.   Summary Of Comparable Properties Single Family Residential   Address City Beds Bath DOM CDOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   SOLD  17098 Holiday Dr   Morgan Hill   4   3 1/2  11   11   71   3,954   $324.99   23,522   $1,299,500   6   $1,285,000    19082 Cheyenne Ct   Morgan Hill   5   3  97   97   36   2,753   $390.48 ... 09/02/2008

No I am not talking about my friends the Credit Cards.  I am talking about the new dilema I have had thrust upon me.  Is it just me or do you find yourself in the never ending battery charging cycle. There is my Cell phone of course, & now with the hands free California law, I have a bluetooth in my car & one in my truck. Thats 3. I even have a multiple charger in my car that will charge 3 devices at once. CRAZY!Then to save gas I bought an electric Scooter, so thats another. Then there is the unending battle of the Remotes for everything. And of course I have 2  battery chargers (upstairs & downstairs) for those nasty little AAA, AA, 9 volt etc. So I have battery chargers in my car, in my house, in my garage. And I seem to be constantly plugging in something somewhere. Oh & lets not fo... 07/28/2008

I just got up from a very restless night of little to no sleep. I had a roofer friend of mine come over to do some preventative maintenance. He was coming back the following day to complete it. He left a very large (2 story) & expensive ladder up against the front of my house. Now even though I live in a very nice area, A Police Officer once told me: They don't go to the bad areas to rob. Anyway I was worried it could be gone in the AM. So every time I heard a noise, I jumped up to look outside. This got me to thinking about all the vacant homes out there on the market & a lot of the vandalism that occurs. And then I got on my computer & read my NAR Realtor News, & what do you think I found? A company has developed an inexpensive way to give off the appearance that there are people livi... 07/27/2008

If you are looking for a home, Morgan Hill is a great place. I have lived here since 1979.           And I would love to show you some of our lovely homes for sale. Call Claudia Efthimos, GRI Realtor at Signature Homes & Estates 408-683-0554 Population: 39,00011,107 are 18 years of age & younger.5,163 are 55+Morgan Hill encompasses 12 sq. miles in south Santa Clara County. Our average citizen's age is 34, and that person spends an average of 34 minutes commuting to work. 73% of our households own two or more vehicles.Poppy Jasper, a semi-precious gemstone, which is unique to Morgan Hill. The Paul's Scarlet Rose was designated the City flower on May 19, 1965. The Morgan Hill Rose is still considered by some to be a contender for the title. 07/16/2008

Finally some good news for the real estate market in Morgan Hill. For those trying to get their homes sold, we have some good news. Sales are up, inventory is down.  It is STILL a buyers market, but at least we are starting to see movement that is not all bad news.   Summary Of SOLD Properties Morgan Hill, California June 2008 Single Family Residential   Address City Beds Bath DOM CDOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   SOLD  2310 Rockwood Ranch Rd   Morgan Hill   5   3 1/2  74   74   32   5,616   $356.13   223,027   $2,095,000   8   $2,000,000    16410 Reynolds Dr   Morgan Hill   4   4+  111   111   35   4,467   $425.34   92,347   $2,099,950   4   $1,900,000    18790 Alicante Circula   Morgan Hill   4   3 1/2  39   39   114   5,104   $357.56   50,263   $1,875,000   1... 07/08/2008

  Holiday lake estates has really been hit by the market. It got to the point where reporting market activity on a monthly basis did not make sense.Nothing was selling! There have been plenty of attempts to get homes sold, but many have ended in homes languishing on the market or being withdrawn from the market or expiring. Now the same can be said for the first two quarters of 2008! In the last 6 months, 1 (one) home has sold in Holiday Lake Estates!  Read more for the rest of the data.     Summary Of Comparable Properties Holiday Lake Estates Quarter 1 and Quarter 2(Jan - June) - 2008 Single Family Residential   Address City Beds Bath DOM CDOM LOE SqFt $/SqFt Lot(SqFt) List Price Age Sale Price   ACTIVE  3480 Blue Grass Ct   Morgan Hill   4   2 1/2  46   46     2,630   $486.31   28,74... 07/03/2008

I have been doing a bit of calculations on the make-up of the market for Area 1 in Santa Clara County which consists of Morgan Hill, San Martin and Gilroy.  Last week I went through all the listings and found out which were a Regular Sale - which I call a seller with equity who has decided today is a great time to sell, a Short Sale - which I call a seller with no equity and needs the banks help in order to sell his property and a REO/Bank Owned property which is basically a foreclosure.  I wanted to know how much of the "actives" on the market were really saleable.  Which means homes where the principle owners is the decision makers - such as the Regular Sale or the REO/Bank Owned properties and how many "actives" were homes that were in great distress and where the owner needs the ban... 06/29/2008

  The real estate market in Morgan Hill has really been hit in terms of average price. While this is not good news for the housing market in Morgan Hill, at least we are seeing the rate of home inventory increase slow down. It is hard to call it good news, but at least it is not the worst news. In short, there is still bad news, but it is a different kind of bad news. Read on for the video presentation.   We had some technical glitches in May. Here is part 2 of the May 2008 presentation for Morgan Hill: 06/23/2008

We continue to see trends that we are very familitar with. Real estate inventories continue to rise. Home sales in Morgan Hill continue to be down. However, we do see some differences. The number of homes being listed in Morgan Hill is down. What is really interesting is the makeup of the homes that did get sold in the month of March 2008 in Morgan Hill. < 05/02/2008

Saturday, March 29th From 1:00PM - 4:00PM.   Come on out and visit a lovely home in western Morgan Hill.  This 4 bedroom 2 bathroom home gets plenty of natural light that just enhances the open feeling the vaulted ceiling provides.   381 BRYCE DR, Morgan Hill 95037 (Morgan Hill) $759,888 Beds: 4 bed(s) Baths: 2 bath(s) MLS: 780366  Property Overview 381 BRYCE DR Morgan Hill (Morgan Hill) 95037 Detached Single Family (Class 1) Bed/Bath: 4 / 2 SqFt: 1,994 Lot: 6,969 sq ft Age: 11 years List Price: $759,888 Assoc Fee: $75 FABULOUS WESTSIDE LOCATION! This wonderful home shows like new! It is nestled near the hills, yet within walking distance to shopping, parks and the recreation & community centers. It has 4 bedrooms, 2 baths and is just under 2000 sq. ft. The open floorplan with vaulted ... 03/27/2008

The real estate market in Morgan Hill continues as we have seen in the past. There are some subtle changes that might indicate we are heading into a transition period, but nothing concrete. I would love to be able to tell everyone that thre are some clear cut signs of improvement, but that is just not the case. Some things are moving in a "worse" direction and other things appear to be stabilizing. Play the presentation to get all the details of the Morgan Hill market now with a video presentation. 03/19/2008

Henry Coe State Park is the largest state park in northern California, with over 87,000 acres of wild open spaces. The terrain of the park is rugged, varied, and beautiful, with lofty ridges and steep canyons. Once the home of Ohlone Indians, the park is now home to a fascinating variety of plants and animals, including the elusive mountain lion. Within Coe Park are the headwaters of Coyote Creek, long stretches of the Pacheco and Orestimba creeks, and a 23,300-acre wilderness area. The park is open year-round for hikers, mountain bikers, backpackers, equestrians, car campers, picnickers, photographers, and people who simply like to visit parks. You can enjoy a day at the park any day of the year. Call Claudia: at Signature Homes & Estates 408-683-0554 408-607-7266 For all your Home Bu... 03/04/2008

HUNGRY?? Looking for Great Dining?? Come to Morgan Hill ! I have lived in Morgan Hill since 1979. I have seen restaurants come & go. But I can definitely recommend my latest treat. Dinner at Sicilia In Bocca Italian Restaurant. A smaller intimate setting. The service was great, & the food was terrific. For more great dining ideas, Call Claudia 408-683-0554 - 408-607-7266 After a fun day of House Hunting with me! you will definitely enjoy a great dinner here. For all of your Home Buying & Selling needs, Call your neighborhood expert at Signature Homes & Estates "Our Performance Will Move You" Email: CEfthimos@SignatureHomesAndEstates.com 03/04/2008

Laughter is the Best Medicine! Thursday March 27, 2008 6:30-9:30 • No Host Bar • Show starts at 7:30 Downtown Comedy Club 17090 Monterey Road, Morgan Hill For Ticket Information Call: Claudia Efthimos Realtor(R) ASP Signature Homes & Estates 408-683-0554 - 408-607-7266 Tickets are only $10. prepurchased or $12.00 at the door. After attending the February show, I can highly recommend this show. If you have fallen in Love with one of the many great Morgan Hill events and have decided to move here. Call Claudia so I can find your Dream Home. For all of your Buying & Selling Home needs "Our Performance will move You" 03/04/2008

More of the same in many ways. However, we have seen some slowing that may indicate that we are heading into another transitional period. What does that mean? We are seeing things that are acting differently than we would expect for the time of year and current conditions. The last time that happened was when the market started its turn in favor of buyers in our local market. So, the only question to be answered is, what will the market transition into? Looking at the numbers, it may mean things starting to stabilize, but that still leaves us with an unbelievable inventory that is only going to be fixed by more buyers taking them off the market. Read on for all the numbers. Supply And Demand As we look back at the month of October in past years, the trends are clear. Inventory has been... 01/25/2008