If you are interested in foreclosures in Morgan Hill, CA, we can help you buy one. Nancy Frimann and Gary Frimann are both Brokers and we'd like to help you find your next home! If you are an investor looking for investment property, whether for resale or to hold as a rental, give us a call. 408-846-8284 SIGNATURE HOMES & ESTATES CA DRE 01309169 Morgan Hill,CA - Foreclosure Filings Morgan Hill,CA - Foreclosure Outcomes Morgan Hill,CA - Foreclosure Inventories Morgan Hill,CA - Foreclosure Bids Morgan Hill,CA - Foreclosure Discounting Morgan Hill,CA - Time to Foreclose 03/13/2012

Here are some current Inventory numbers for week 10 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype    25 Single family homes currently listed as bank owned 80 Single family homes currently listed as short sales 53 Single family homes are currently overpriced 33 Single family homes sold in the past 90 days 112 Single family homes in escrow (64 short sales) 220 Single family homes listed for sale 178 Total homes in foreclosure $512,500 Median sale price for single family homes in past 90 days   03/10/2012

    Here are some current Inventory numbers for week 9 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading.   More Real Estate and Less Hype      24 Single family homes currently listed as bank owned 84 Single family homes currently listed as short sales 47 Single family homes are currently overpriced 32 Single family homes sold in the past 90 days 105 Single family homes in escrow (65 short sales) 216 Single family homes listed for sale 188 Total homes in foreclosure $471,250 Median sale price for single family homes in past 90 days           03/01/2012

Here are some current Inventory numbers for week 8 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype    25 Single family homes currently listed as bank owned 83 Single family homes currently listed as short sales 48 Single family homes are currently overpriced 30 Single family homes sold in the past 90 days 98 Single family homes in escrow (63 short sales) 212 Single family homes listed for sale 183 Total homes in foreclosure $459,000 Median sale price for single family homes in past 90 days   02/24/2012

  Here are some current Inventory numbers for week 7 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype    32 Single family homes currently listed as bank owned 100 Single family homes currently listed as short sales 53 Single family homes are currently overpriced 32 Single family homes sold in the past 90 days 116 Single family homes in escrow (74 short sales) 248 Single family homes listed for sale 175 Total homes in foreclosure $447,450 Median sale price for single family homes in past 90 days   02/17/2012

Here are some current Inventory numbers for week 6 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype    19 Single family homes currently listed as bank owned 84 Single family homes currently listed as short sales 56 Single family homes are currently overpriced 32 Single family homes sold in the past 90 days 97 Single family homes in escrow (57 short sales) 197 Single family homes listed for sale 175 Total homes in foreclosure $459,000 Median sale price for single family homes in past 90 days   02/09/2012

Happy SUPER BOWL EVE and, Gooooooooooooood Morning Morgan Hill!   Here are some current Inventory numbers for week 5 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype    21 Single family homes currently listed as bank owned 82 Single family homes currently listed as short sales 61 Single family homes are currently overpriced 35 Single family homes sold in the past 90 days 92 Single family homes in escrow (55 short sales) 196 Single family homes listed for sale 177 Total homes in foreclosure $475,000 Median sale price for single family homes in past 90 days   02/04/2012

Here are some current Inventory numbers for week 4 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype    22 Single family homes currently listed as bank owned 82 Single family homes currently listed as short sales 63 Single family homes are currently overpriced 34 Single family homes sold in the past 90 days 95 Single family homes in escrow (58 short sales) 196 Single family homes listed for sale 180 Total homes in foreclosure $478,750 Median sale price for single family homes in past 90 days   01/28/2012

Here are some current Inventory numbers for week 3 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype    21 Single family homes currently listed as bank owned 82 Single family homes currently listed as short sales 67 Single family homes are currently overpriced 37 Single family homes sold in the past 90 days 90 Single family homes in escrow (55 short sales) 195 Single family homes listed for sale 190 Total homes in foreclosure $519,000 Median sale price for single family homes in past 90 days   01/20/2012

  Here are some current Inventory numbers for week 2 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype    21 Single family homes currently listed as bank owned 81 Single family homes currently listed as short sales 77 Single family homes are currently overpriced 40 Single family homes sold in the past 90 days 79 Single family homes in escrow (50 short sales) 195 Single family homes listed for sale 194 Total homes in foreclosure $525,000 Median sale price for single family homes in past 90 days   01/14/2012

Morgan Hill Real Estate - December Market Report for single family homes in Morgan Hill, CA This is a real estate update is for activity in the city of Morgan Hill, California during December 2011. Real Estate statistics for Morgan Hill: Number of closed sales this year recorded by month: January 21, February 15, March 31, April 41, May 35, June 45, July 44, August 55, September 38, October 27, November 34, December 38. Inventory is down due to the number of sales in December and is currently 114 homes (30 short sale and 12 bank-owned (REO)) ranging in list price from $249,000 to $7,200,000 including 17 properties listed over $1 million. The Median home price is $599,495; Price per square feet $317.22; Average days on market 153; Average size 2,571 square feet; Average age 30. 81 Homes ... 01/11/2012

  Here are some current Inventory numbers for week 1 in Morgan Hill (95037)... once again, it's our interpretation of what the market is really doing and where it's heading. More Real Estate and Less Hype    19 Single family homes currently listed as bank owned 85 Single family homes currently listed as short sales 76 Single family homes are currently overpriced 35 Single family homes sold in the past 90 days 79 Single family homes in escrow (52 short sales) 189 Single family homes listed for sale 204 Total homes in foreclosure $616,847 Median sale price for single family homes in past 90 days   01/06/2012

As you may have guessed the 203k loan program is alive and well in Morgan Hill as it is all over the Santa Clara Valley.  Homes these days most always need some amount of work. The most often used solution is the FHA 203k loan program. It is versatile in that you can use the Streamlined k for light repairs up to about $34,200... NOT the $35,000 limit that is stated boldly in the guideline. That is  a confusing number as you read the smal print it must include costs and fees which typically run about $800. If you get a bid for $34,997 as we did recently, the lender is forced to push it through the check valve which is a one way valve to the "full 203k"  What that means is that this just turned into a "full 203k and there is no going back. The mistake must now be lived with.  Where else d... 11/03/2011

Morgan Hill Real Estate - Market Report  This is a real estate update is for activity in the community of Morgan Hill, California during the last 7 days ending October 20, 2011. Real Estate statistics for Morgan Hill: Morgan Hill homes for sale: 150 homes in inventory (28 short sale and 18 bank-owned (REO)) Median home price $649,000 Price per square feet $324.89 Average days on market 133 Average size 2,646 square feet Average age 30 30 homes were added this week to inventory (7 short sale and 4 REO) 12 brand new listings 15 decreased list price 3 transfered back from escrow (sale cancelled) Median home price $610,500 Price per square feet $281.80 Average size 2,833 square feet Average age 30 Morgan Hill homes in escrow: total number of homes in escrow as of today is 76 (56 short sale ... 10/20/2011

Here is some foreclosure information for foreclosure information for Morgan Hill, CA. What is interesting to note is the foreclosure rate is down on homes where the loan was obtained after 2007, most likely because the subprime market had disappeared. Morgan Hill,CA - Foreclosure Filings Morgan Hill,CA - Foreclosure Outcomes Morgan Hill,CA - Foreclosure Inventories Morgan Hill,CA - Foreclosure Bids Morgan Hill,CA - Foreclosure Discounting Morgan Hill,CA - Time to Foreclose Morgan Hill,CA - By Est. Market Value Morgan Hill,CA - Filings per Loan Balance Morgan Hill,CA - Filings By Loan Origination Date 10/12/2011

Cycling in Gilroy and Morgan Hill, California It was another great day for a bike ride here in the Silicon Valley. The hills are golden, the reservoirs still full and the indian summer days warm.  I was lucky enough to take a bike ride with my girlfriends this morning before I headed into the office for a full day of work. My work hours may be flexible but I still have to do the time. Mike Cooper said it best in his blog "I'm thinking about gettin' a Realtor's license.  I'm tired of this 9-5 schedule.  I'd be nice to sleep in, take vacations whenever I want, drive a nice car, live in a big house, you know, all that stuff that Realtors do."    I agree with him wholeheartedly: I don't work from 9 to 5 and like it (I may work from 11 to 11 and on Saturdays and Sundays sometimes on the spur... 09/30/2011

Morgan Hill, CA real estate report for the week ending September 26, 2011 It is a Market Update for Morgan Hill Homes Active, Morgan Hill Homes Pending and Morgan Hill Homes Sold as of September 1, 2011. Inventory is up, fewer homes closed escrow and Pending sales is slightly down. Overall the average price of homes sold is down slightly.  Morgan Hill Homes in Inventory this month:   is slightly up overall to 148 (from 137) 40 new properties were added   13 properties transferred out of escrow back into inventory,  2 homes increased list price 43 home reduced listing price  4 homes are back in inventory. Pending Home Sales in Morgan Hill (homes in escrow) this month: number of homes in escrow is down slightly from last month, as well as the number of distressed properties. 49 new homes ... 09/28/2011

Eagle Ridge Golf Course Community Activities - Cycling buddies The gated community in Eagle Ridge Golf Course is active in all type of activities.  I love to cycle here in our beautiful surroundings; the hills, reservoirs, and wineries. There are always a number of cyclists on the road so please, share the road! I get on my Klein bike a few times a week and meet up with friends and neighbors. There are a number of different routes all around Gilroy and Morgan Hill and there is something for every fitness level.  Earlier this summer I started a cycling group geared to beginner cyclists here in Eagle Ridge and we meet weekly on Wednesdays.  It is an easy, flat, on smooth black top ride with a stop at the coffee shop at First Street Coffee in Gilroy. People who felt left out before are now... 09/13/2011

Summer is almost over for Gilroy public school students who will be going back to school on Monday, August 22nd. Morgan Hill public school students will have to end their summer sooner than that.  Morgan Hill's school district want their students back in school on Thursday, August 18, 2011. Private school students will start school on different days. Check with the school of your choice. Pacific West Christian Academy in Gilroy first day of school will be on August 29th. St. Mary School in Gilroy will start on August 18, 2011. Anchorpoint Christian School in Gilroy will start on August 22, 2011. Oakwood private school in Morgan Hill will start on August 24, 2011. St. Catherine Catholic School in Morgan Hill will start on August 18, 2011. Is your school not on this list? Check school fin... 08/15/2011

This Morgan Hill Market Report is a real estate update for homes for sale in Morgan Hill, homes pending sale and homes sold in Morgan Hill during the month of July 2011.  Also included in this report are monthly statistics for home list price versus home sale price for homes sold in Morgan Hill since January 2008. The real estate market in Morgan Hill is trying to increase home values but buyers are not ready yet to pay list price; we are still (barely) in a buyer's market.  Homes sell for less then list price by more than 2%, inventory is growing even though more homes closed last month then in previous months and home values remain flat. On a positive note: the number of distressed homes listed for sale has decreased and homes sell quicker (not as long on the market); only 68 days on ... 08/03/2011