Archive for the ‘Transportation’ Category

Nice 4 bd., 2 bth., 16,500+ sq. ft. lot.

1291 Bonnie View Drive, Hollister: A completely remodeled, 4 bed. & 2 bath home on a 16,500 sq. ft. lot!

Watch the VIDEO Tour of this nice home.  You’ll note that nearly everything, even the plumbing, has been redone.  Have you heard the term: “turn key“?  This home is it.  Just put in the key and move right in.  There is virtually nothing left to do.

The wide side yard access to the huge back yard provides endless possibilities: A large garage/workshop, toy barn, pool etc. could easily fit into this back yard.  In the VIDEO you can see what the neighbor did with his same sized lot.

From this home you are less than a quarter mile from Hwy 25′s extension for an easy drive to Gilroy‘s Premium Outlet Center and CalTrain for a convenient commute.  Schools, shopping and medical facilities are within walking distance.  Veteran’s Memorial Park with its 5 baseball diamonds, skate park and picnic area is also just a short walk.

As close as this home is to everything, Bonnie View Rd. is not a through street so there is little traffic.  It is a quiet neighborhood.

This is NOT a short sale or bank owned sale. You will deal with the actual seller and can expect to close in a matter of weeks.

For your own personal tour of 1291 Bonnie View Rd. just call/text or e-mail me and I will arrange it for you.

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Nation’s Happiest Employees: Right Here

Not only is San Jose, CA the highest home-value-appreciation area in the US (see 2/10/11 post below), it is also the city with the happiest employees in the country.  This Forbes article puts San Jose on top and San Francisco right behind it.

And, since the majority of those who live in Hollister, Gilroy, and Morgan Hill drive to the San Jose area for work we can safely assume that we are also the happiest employees in the US.  Right?

After all, we have 2 of our own In-N-Out restaurants, the Gilroy Premium Outlets and 3 lakes.

Now if we could just get Hwy. 101 widened from Hwy. 152 in Gilroy to Hwy. 85 in San Jose we would all be a lot happier.

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Hollister Home’s Prices Moved UP In June

If you have been waiting to buy a home in Hollister review the following sales activity and then go buy your Hollister home.

The Average Sales Price (ASP) increased 15.2% from May to June! Hollister’s ASP in June was $287,900 whereas a month earlier the average was $249,900.  Compared to June 2008 however, Hollister’s ASP was down 14.7% .

A valuable indicator: the “Closed Sales to New Listings ratio” (CS:NL) is actually in conflict with the jump in ASP.   June’s CS:NL ratio dropped to 56.9% from May’s 89.6%.  We saw the same drop in Gilroy for June however, their ASP also dropped.   The harbinger of things to come, may lie in the nice increase of Hollister’s CS:NL over 6/08′s ratio of 40.2%.  Just wait and see.  As our CS:NL ratio increases so will our ASP.

Nearby Morgan Hill’s homes experienced an increase in both the CS:NL ratio and ASP.

My strong advice: if you plan to buy a home this year do it now.  We see nothing that suggest prices will drop or even level off in the foreseeable future.  Likewise I think interest rates for home loans are about as low as they are going to get.

For your own study of the actual Multiple Listing Service figures go onto “Client Portfolio” on the navigation bar.  There you can see a great deal of real-time data.  Enjoy.

Doggie Doors vs. Insurance

In these Dog Days of Summer it seems like every other home I show in Gilroy lately has a pet door in the garage door entry to the home.  There is nothing more exciting than to have “Spike” come blasting through the door to check out who is in his home.

Gilroy, as well as virtually every other city, has a building code requiring that homes be built with a firewall between the attached garage and the home.  Many house fires begin in the garage so the firewall is engineered to impede a fire which starts in the garage from spreading to the home.  Most jurisdictions require the firewall to provide such a delay for up to two hours.

While making “Spike’s” life a little more convenient the homeowner who puts a pet door in the the door leading into the home from the garage may have problems collecting from their homeowners insurance where a fire began in the garage.

I find it interesting that many insurance agents say homeowners with such pet doors will still be covered yet home inspectors seem compelled to address this issue in their written reports.

Occasionally, a homeowner will cut the firewall for attic access or to install a drop down ladder.  They may face the same dilemma with their insurance company.

Building Code also requires that your garage-to-home door have a functioning, self-closing, hinge.  For obvious reasons that door needs to close so that the firewall retards the spread of a garage fire.  For reasons beyond me some homeowners disengage such a hinge.  Again, such a move may prove costly later.

So, why not check with your homeowner insurance agent and see what their position is on the doggie door dilemma.  We can check with the City’s code enforcement folks.  Sorry “Spike”.  Of course the standing rule remains: “caveat emptor”.

Gilroy Home Sales Rise 128%

If you have thought about buying a home in Gilroy, it’s time to act!  May’s Closed Sales were up 75.8% over 5/08!  This is the 5th straight month of increased Closings over the same period last year.  Year-to-date Gilroy Closings are up a whopping 128.9% over the first 5 months in ’08!

The supply of homes listed for sale dropped 75.8% in May and was the 5th consecitive month this year where New Listings dropped.   So far this year our Gilroy New Listings are down 32.7% from last year.

Similarly, Morgan Hill’s Closed Sales are up 59.4% and the number of New Listings is down 23.5% from 2008.

While the price levels and home loan interest rates are still low NOW is the time to come join us in the “Garlic Capital of the World” and buy your own home.

Elimination of Gilroy Caltrain Service Averted

In an attempt by Santa Clara County’s Transportation Agency to close a $10.1 million budget gap consideration of terminating Caltrain service to Gilroy has been discussed for some time.  However, thanks to persistent lobbying by Lisa Rheinheimer, executive director of the San Benito County Council of Governments, commuter train service for Gilroy will continue.  The Transportation Agency was also presented with a resolution from the Hollister City Council and San Benito County Board of Supervisors in support of continuation of the Gilroy Service.  Additionally, nearly 700 comments from the public, most of which were in support of keeping Gilroy train services, helped the Agency to keep Gilroy in the loop.

Some changes in service will impact commuters. To save nearly $2 million in next year’s budget the mid-day service will run every hour rather than every half hour.  Parking costs will go up $1 to $3 per day.  The bulk ticket “Go” passes will also see a slight fee increase.

So, of the 39,122 riders on the Caltrain system (2/09), the 324 commuters from South Santa Clara County can keep their transportation plans on track.

Good work everybody!

For more information go to: pinnaclenews.com