Gilroy and Morgan Hill Neighborhood data

Hi folks,
Well, if one goes to our web site INDEPENDENT BROKERS you'll see we can click on the tight hand column and pull up data for each city.
It is information supplied to us through a site call National Relocation.
What the site allows is for one to view information on most majors cities and towns throughout the country, with out focus primarily on Silicon Valley and the Southern Santa Clara County, primarily Gilroy and Morgan Hill.
If one scrolls down to the bottome of the page you were directed to, one can search for foreclosures.
It also shows demographics of this wonderful region. A great place to live.

Homes prices in SIlicon Vallry

12/05/07
Granted, there are parts of Silicon Valley that are doing better than others, but the trend is still upward, as the local economy is good and seems to be growing...
Things here are not as bad as the national media reports seem to emphasize. I dare not say we are "different' but the facts do show us bucking the trend...


Forbes Magazine has noticed the pricing trend of the following cities. The magazine just named 10 cities where home prices are going through the roof, including
Forbes: 2007 Best U.S. Housing Markets:
Salt Lake City, 246,700, up 14.1%
Charlotte, S.C., $220,000, up 11%
San Jose, Ca., $852,500, up 9.4%
San Francisco, Ca., $825,400, up 8.6%
Raleigh, N.C., $229,500, up 7.5%
Austin, Tx $188,200, up 7.2%
Pittsburgh, Pa., $127,700, up 6.1%
Seattle, Wa., $394,700, up 6%
San Antonio, Tx, $154,700, up 5.7%
Portland, Or., $299,700, up 5.2%

Regards,
Gary and Nancy Frimann
Brokers / Owners
Signature Homes & Estates
Eagle Ridge Realty
"Our Performance Will Move You!"
(408) 846-8284
Visit us on the web:
EAGLE RIDGE
SIGNATURE HOMES & ESTATES
GILROY, CA
ESTATE HOMES LOCATED IN SILICON VALLEY
REAL ESTATE AGENTS IN SILICON VALLEY

Find a Real Estate Agent

If you are looking for an agent to buy or sell in Morgan Hill, Gilroy, or San Martin, first, always use a Broker, and second, check out our web page for independent Brokers located in the South County.
Have a great day!
Gary and Nancy Frimann
Broker / Owners
Signature Homes & Estates
(408) 846-8284
Click here:
Independent Brokers
Signature Homes & Estates

Homes in Eagle Ridge

Well, as inventory shrinks, home prices seem to be stabilizing. Prices are settling down and are mixed as some are skewed regarding the big homes, The Glens, and The Courtyards. Can you believe Courtyard homes were selling for more (per Square Foot) than the bigger homes?
When I talk to people, they always bring up "how much per square foot?" Quite frankly, that is NOT necessarily the best way to buy a home. It's not the "feet"--It's the shoe. Square footage is more of an accurate measurement if you want to rent office space...
What square footage does not measure is floor plan layout, the size of the lot, and it can vary-i.e. how wide are the hallways? How is the kitchen laid out? How about landscaping? What part of the neighborhood is the house located.
Another important aspect (and this is why it is important to get a Realtor(r) who knows the area is that homes generally sell for more on a golf course than not on the golf course. Basic "rule" as pointed out by Walt Huber in his book Real Estate Economics. More people like the visual "easement" found on a golf course home located on a fairway, than say, overlooking someone else's back yard. This is why the developer put lot premiums on the golf course homes. Of course, these homes also have balconies, safety glass (originally) and some other upgrades. Most people don't know this. Plus, the desire for these homes is what keeps their prices slightly higher. "Value" is defined as the price one is willing to pay for the 'thing' desired.
Always choose a local expert!!! I've seen so many homes just sit, and the For Sale signs have actually started growing roots. Also, get somebody who knows the floor plans-- One house was listed at over 5,000 square feet (a lawsuit waiting to happen, if I ever saw one) and besides being illegal per city code for a house that size, the Realtor was totally oblivious to liability. Glad it wasn't one of my Realtors.
Deal with only experts people. Yes, McDonald's sells more hamburgers than anyone else in the world...Does that mean they make the best hamburger? Think about that. Go with an independent Broker--ALWAYS. When I think franchise, I think Taco Bell, Burger King, Starbucks, etc. Who do you want to work with when deciding the most important aspect of your life?
Gary Frimann
Broker/Owner
Eagle Ridge Realty
(408) 846-8284
www.EagleRidgeRealty.net
Gilroy, California 95020