Tuesday, May 26, 2009

Nice to be back again!

Monday Statistics (well actually Tuesday)

Good morning South County! Here are your weekly updates on what is happening in your neighborhoods. Feel free to contact me if you want more specific information. As of this week:

Morgan Hill has 182active listings and 121 sale pendings

Gilroy has 142 active listings and 222 sale pendings

San Martin has 35 active listings and 12 sale pendings

Area 1 (all of the above) has 357 active listings and 354 sale pendings

Inventory continues to fall and sales continue to increase. Right now we are almost neck in neck with active and sales in Area 1. Certain price ranges (under $400,000) are hot right now with multiple offers. The quality listings that are priced well are selling quickly. Buyers should be ready with their prequalification letters from their lender and an understanding of what is going on in the market. Although, within the next 30 days, we will be seeing an influx of bank owned property coming on the market that could slow things down a little. Short sales seem to be getting tougher and are not necessarily the great deals we once thought.

Stay tuned for regular updates!

Friday, May 22, 2009


And getting back up

Last month, I was taking a horseback riding lesson with my daughter when I was bucked off my horse. I did not land gracefully. Well maybe gracefully isn’t the point, I was badly hurt and in a lot of pain and to be honest, I was also scared about the extent of my injuries. I was on the couch for several weeks and doing the bare minimum to survive. This did not include writing on my blog. Sorry.

However, I have not really been connected to my blog this winter for several reasons. One is I have been very busy with real estate and there are just so many hours in the day. But I miss writing on my blog and keeping you all in touch with the latest updates and all the many changes going on in real estate. I found working on articles about new legislation, writing my thought processes about property I had been viewing and sharing my experiences in real estate sharpened my senses and helped me fine tune my real estate knowledge.

It’s fun. I love what I do and I like to share my insights and experiences and hope that it helps, adds to the education of a public that has an overload of information without the tools to process them in a practical way that benefits them. That’s my job. To protect you, help you make good decisions and sometimes help you to get out of your own way.

So onward to more blogging, more information and hopefully more courageous (and interesting) reporting.