Jan. 30, 2018

Highlighting a Great Local Business: Bike Therapy

In this episode of “Discover South County,” I’m talking to Doug Hall of Bike Therapy to learn about what his business has to offer.

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Welcome back to another edition of “Discover South County.” Today, we’re going to talk to Doug from Bike Therapy to see what they have to offer to Morgan Hill.

Bike Therapy is a bike shop that has been in Morgan Hill for just about four months now. Located at 15540 Depot St, Morgan Hill, their main goal is to put more butts on bikes. They have resources for all levels of bikes, from children’s bikes to electric-assist bikes, mountain, or road bikes. They also have a big new category called gravel or adventure bikes, which has been a lot of fun.

Bike Therapy has a full-service bike repair shop just behind the premises, where they do wheel builds, suspensions, overhauls, and more.

 

  Bike Therapy’s main goal is to put more butts on bikes.  

 

Further still, Bike Therapy has a specialized sizing tool for bikes called Retül, which allows for anyone coming into the store to be properly sized for a bike on the spot. This way, they can find the model that’s the best fit for their needs based on what kind of riding they’ll be doing

All that, plus they have a fitness studio that’s still in the works. With it, Doug will be able to fine-tune the fitting process for anyone coming in to look for a bike by dialing in all the fitting points, like seat height, so riders won’t have a lot of stress on their hands, rear-ends, and knees.

You find out more about what services they offer by visiting www.ridemorganhill.com. It’s all about bringing more people to Morgan Hill to ride so they can take advantage of the great opportunities for road riding, mountain biking, and more.

If you own a local business or run a community organization and would like to be featured on a future episode of “Discover South County,” please feel free to reach out to me by phone or by visiting www.discoversouthcounty.com.

Jan. 15, 2018

What Can You Expect From the Silicon Valley Market in 2018?

What can you expect from the 2018 real estate market? Will we continue to see a hot seller’s market like we had in December of 2017?

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How did the 2017 real estate market end, and what can you expect moving forward in 2018? 

As we all know, 2017 was a hot seller’s market. The days on market came down for properties, home prices went up, and inventory was really low. As a result, a lot of homes sold with multiple offers. 

In December of 2017, the average days on market was 19 in Santa Clara County. The year before, the average days on market in December was 35, so the average days on market dropped significantly year over year.

 

  We are starting 2018 with extremely low housing inventory.  

 

Right now, there are only 364 homes on the market in Santa Clara County. In January of 2017, there were 1,168 homes on the market. 

Now, we’re not all the way done with January yet, so that number could go up a bit still. However, 364 homes for sale is extremely low for our market, especially when you consider that we had low inventory at this time last year. 

In South County, there are 62 homes on the market compared to 149 homes at this time last year. Again, that number should go up a little bit since January isn’t all the way over yet, but we are drastically low on inventory. As a result, homes are selling quickly and above list price. 

What can we expect as we move forward through 2018?

If you plan on selling your home, it looks like we’ll have a strong seller’s market again. When determining the best time to put your home on the market, make sure you pay attention to how much competition you’ll have. January is a great time to sell. Buyers are still out looking at homes, and you will beat the spring rush. It’s better to list your home now than to wait for two of your neighbors to put their similar homes on the market along with yours. 

Homebuyers need to be prepared to go see houses as soon as they hit the market. You need to have your pre-approval in hand and be able to make an offer. Work with a lender who will be able to get your whole file through underwriting so that you can write an offer with a very short or no loan contingency. 

You need to be ready to move quickly. Homes are selling only two, five, or 10 days after they hit the market. If you’re not ready to make an offer, you will miss out on those homes. 

If you have any other questions about buying or selling a home in 2018, just give me a call or send me an email. I would be happy to help you!

Posted in Market Update
Jan. 2, 2018

Discover South County - South County Outlaws Lacrosse

This time on “Discover South County,” we’re interviewing Brad Ledwith about the South County Outlaws lacrosse
to get a glimpse into the growing popularity of lacrosse in South County.

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In this edition of “Discover South County,” we decided to learn a little about the lacrosse scene in South County by interviewing Brad Ledwith, who started the South County Outlaws a few years ago.

Despite being North America’s oldest game, lacrosse is currently the U.S.’s fastest-growing youth sport. When Brad’s kids became interested in lacrosse about three years ago, there was no lacrosse program in Morgan Hill, so he joined with a couple other parents in the area to form their own.

There were 22 kids at their first clinic, and today they have a total of 78 kids in their program. Their goal is to have 200 kids playing by the year 2020. Brad is confident that they’re well on their way to meet this goal.

“Once you put a stick in a kid’s hand, they’re sold,” he says. What Brad and his program really like to focus on are the kids in the five- to seven-year age group. “That’s where the game gets so much fun, and they really love it.”

 

  Their goal is to have 200 kids playing by the year 2020.  

 

Aside from the youngest age group, they have kids participating in professionally coached camps, leagues, and clinics all the way up to age 15. Typically, they have a fall league and a winter clinic happening around this time. Once spring hits, they start playing other teams in the Bay area.

To learn more about the South County Outlaws, visit their Facebook page here or visit their website at southcountyoutlaws.com.

I want to give a special thanks to Brad for being on this edition of “Discover South County.” If you have any questions or are interested in being on a future episode of this series, don’t hesitate to reach out to us. We’d love to speak with you.

 

Dec. 15, 2017

A Market Update and Ballot Initiative

Today I have a market review for 2017, as well as a call to action to get an important initiative on the 2018 ballot.

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I have two topics I want to touch on today. 

First, the market is incredible right now and if you’re thinking about selling your home, there’s a high demand because inventory is so low at the moment.

At this point in the year, you’re probably going to wait until 2018 to list. Though a lot of people like to wait until spring or summer to sell their homes, I actually encourage you to list sooner than later. 

The reason for this is the fact that so many people like you will also be waiting until spring and summer to list their homes, so you’ll have a lot more competition during those times than if you were to list now. Even now during the holidays, we’ve had extreme interest from a number of buyers looking to purchase homes.  A large majority of properties are getting multiple offers and are selling over list price. Because of that, there’s no reason to wait.

The second topic is an initiative that we’re trying to get on the 2018 ballot for voters. We need one million signatures to get it on the ballot. 

 

  We need one million signatures to get the initiative on the ballot.  

 

The initiative relates to property taxes. As you probably know, Prop 13 limits the amount of property tax and how much it can increase each year. 

A lot of seniors 55 and older don’t want to move because they want to keep that property tax. If they move to a new location within the same county, they can keep their current property tax as long as they buy a house for less than for what they sell their current house. If they move to another county, it will have to be one of the 11 counties that participates in the program that allows them to transfer their property tax base.

Because of the way this puts unfair pressure on seniors, the new initiative would allow seniors 55 and older to move anywhere in California and keep their property tax bill as long as they buy a house equal to or less than the price of the house they’re selling. It also limits the tax increase if they were to buy a more expensive home. 

The current law only allows you to do that once in your lifetime, whereas this new initiative would allow you to do it as many times as you want.

The initiative presents an opportunity to seniors to move if they want to without feeling trapped in their home for fear of increased property taxes. If those seniors do decide to move, it will in turn open up a lot more housing opportunities for other buyers, especially first-time buyers.

If you’re interested in more information, please contact me and I will send you more details about the initiative we’re trying to get on the 2018 ballot. These are live documents so if you’re interested in signing, give me a call or send an email and we can arrange to meet in person so that you can sign.

I also want to say thank you for supporting our video blog throughout the year. We hope you appreciate them because we enjoy making them for you. Happy Holidays!

Posted in Market Update
Nov. 17, 2017

Thank You for Your Support

Happy holidays! I just wanted to reach out and thank you for your support over the years. Your support allows us to give back to the community in a number of ways.

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I wanted to take a moment to say thank you. Thank you for watching these videos, for being my client, and for referring clients to me. 

Your support helps me give back to the community. We have a number of initiatives in place to give back to local organizations, and I want to highlight those for you today. 

First of all, I want to mention our Discover South County video series. We recently started our journey of supporting local business through video interviews and behind the scene video insights. Check out these episodes to explore what South County has to offer. 

For every home we sell this year, we are giving a bike away to Toys for Tots. In December, we will give them all of the bikes. We are hoping to get some of our preferred partners on board to participate in that to make this a big, successful event. 

We are also giving away sweaters and jackets to the Ronald McDonald House at Stanford. Those who know me personally know how dear the Ronald McDonald House and Lucile Packard Children’s Hospital are to my family. The Ronald McDonald House reached out to me to let me know that sweaters and jackets for teenagers would be the most useful things they could use this year.

 

The Ronald McDonald house needs sweaters and jackets this year.

 

We also donate to the Make A Wish Foundation. We like to support this foundation by playing in the annual softball tournament organized by Chicago Title. This year, our team, the South County Sluggers, actually won. This was the 25th anniversary of that tournament, and total donations are now over $1 million. 

Here in South County, we held a Golf for Graduates Tournament in September. We raise money for scholarships to give to local graduates. If you have a high school senior, reach out to me for more information. We raised $20,000 this September that will go to local graduates from Morgan Hill, San Martin, and Gilroy sometime in June, so get ready to apply for that this spring.

Giving back to local organizations is very important to us, and we are able to do all of this thanks to your support of our business. 

I just want to take a minute to wish you and your family a happy holiday season. 

As always, if you have any questions, just give me a call or send me an email. I would be happy to help you!

Posted in Real Estate News
Nov. 9, 2017

Discover South County - The Little Gym of Morgan Hill

This episode of DISCOVER SOUTH COUNTY features The Little Gym of Morgan Hill. Check out this video to see what they have to offer kids of all ages.

The Little Gym helps children build the confidence and skills needed at each stage of childhood while keeping learning fun! Each week, structured classes and their unique learning environment create opportunities for children to try new things and build self-confidence. As your child grows and develops new physical skills, you will see noticeable positive differences with each new achievement. But your child will simply see The Little Gym as a place to have fun, laugh, and make new friends. 

In addition to classes, they also offer awesome birthday bashes for children of all ages, camps, parent's survival nights, and several fun members-only events year-round. 

Call for more information and to sign up for a free introductory class, and begin your child's journey into serious fun!

 

Location:

15750 Vineyard Avenue #190
Morgan Hill, CA 95037
408-776-8125

Website:

www.TLGMorganHillCA.com

 

If you'd like to be featured on a future episode of Discover South County, visit www.DiscoverSouthCounty.com

Oct. 11, 2017

Discover South County - Coffee Guys in Morgan Hill

On this episode of DISCOVER SOUTH COUNTY, John Fagan visited Coffee Guys in Morgan Hill, who proudly serve Verve Coffee. Check out this video to learn more about what makes Coffee Guys unique.

 

We are diving into local businesses and South County staples with our new Discover South County episodes. This time, we’re in downtown Morgan Hill at Coffee Guys. Henry Holguin, Coffee Guys’ general manager, sat down with us recently to talk about how Coffee Guys got started and where they’re at today.

Although Coffee Guys has only been in downtown Morgan Hill for less than a year, they’ve already begun to become a favorite for locals. They feature Verve coffee, a premium roast that tends to be a little lighter than most. 

Coffee Guys rotates their fresh-brewed coffee and tea every few months. A few of their recent seasonal brews included a tangerine white tea. They also have some great seasonal specialty drinks like the coffee mojito. They even have kid-friendly drinks like the delicious orange creamsicle. 

Coffee Guys is located at 50 E. 3rd St. Suite 140 in Morgan Hill. It’s right in the heart of downtown next to Orangetheory. If you work out at Orangetheory, bring in your next workout summary to Coffee Guys for 10% off your order! 

If you want to learn more about Coffee Guys, visit their website here. Do you know of any local businesses that we should feature in our next episodes or do you have any questions about real estate, we’re always here to answer them. We hope to hear from you soon.

Oct. 3, 2017

Has Fall Changed Our Silicon Valley Market?

It’s still a great time to be a seller now that we’ve entered the fall market, but that doesn’t mean you can skimp on preparing your home for the market.

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As we head into fall, how are things looking in our Silicon Valley market?

Even though kids are back in school and the holidays are right around the corner, it’s still an incredible time to be a seller. In August 2016, there were more than 1,700 active homes on the market in Santa Clara County. In August 2017, there were just over 800 active homes on the market. 

In that timespan, we went from having 1.8 months of inventory to having less than a month of inventory. This means if no new homes came on the market, every single one currently available would be sold in less than a month.

 

Don’t cut corners or skip things that will ensure your home gets a good, solid offer.

 

Even though there isn’t much inventory, if you are thinking of selling your home you should know that there are still some important things you need to do to it to prepare it for the market and sell it for top dollar.

For example, we recently had to prepare a 30-year old home for the market. This home showed some signs of wear and tear, so we recommended to the seller that they repaint the interior and then stage it. They agreed to do both of these things, and the house ended up looking fantastic. 

After that, we ordered home inspections and were able to locate and fix some plumbing issues and make note that the roof was at the end of its lifespan. Once those were done, we were able to move forward with marketing the property. We ended up getting four offers for it, and the sellers were thrilled with the final price we sold it for. 

So, don’t cut corners or skip things that will ensure your home gets a good, solid offer after you list it. 

If you have any questions about our Silicon Valley market or you’re thinking of buying or selling a home, don’t hesitate to reach out to me. I’d love to help you.

Posted in Market Update
Sept. 13, 2017

The Magic of Staging, With Special Guest: Lilly Rahbar

 

Staging and redesign can really make your home pop in a listing. Lilly Rahbar has some ideas to help. 

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Yesterday, I was inside one of our newest listings that’s getting ready to go on the market. We just had the whole interior painted, and as I was admiring the beautiful fresh paint, I couldn’t help but think that something was missing.

Today I’m here with a special guest—Lilly Rahbar from Simplistic Staging. She has the answer to what this home was missing.

What was the magic thing this home was missing? It was actually missing furniture and pops of color. When you walk into a home like this, where the focal point is the windows, you want to have additional colors to tie it all together. With a home of this size and layout, people often have a hard time visualizing themselves living in it—especially when it's vacant. 

Having furniture, pops of color, artwork, etc. creates focal points. Everything is strategically placed to help buyers see the beauty of the home, and also to see their own furnishings in the property.

 

About 80% of buyers need help visualizing where their furniture will go in a new home.

 

A lot of buyers can’t visualize where things should go in a house—they see an empty home. About 80% of buyers need help visualizing where their furniture will go in a new home. When they’re looking through the MLS, if there isn’t any furniture in a property, those are the homes they’ll pass over, paying attention to ones that are furnished. It gives them an idea of where they’ll put their own things.

If a property is staged, it may not be how a person’s going to have their own furniture, but we want to basically give them a blueprint. 

Our preferred stager does a good job of putting together a report that says what you should move around or declutter. Staging isn’t necessarily about bringing in all new furniture. Even with redesigns, most stagers typically like to use the client's furniture and accessories—you may not realize that things you have in your cabinets or bookshelves can be used for centerpieces, whether it’s on the coffee table, in the bedroom, or in the office. I’d rather people use their own items, rather than having to go out and purchase all that.

That’s why we’ve brought our preferred stager Lilly Rahbar in on every one of our listings. We see the importance of redesigning and staging to some extent. Buyers are flipping through those properties online looking to see photos that really pop to them to make them want to go see those properties.

If you have any questions about staging or redesign, feel free to give us a call.

Posted in Selling Your Home
Sept. 7, 2017

Discover South County - 9Round in Morgan Hill CA

This episode of DISCOVER SOUTH COUNTY features 9ROUND in Morgan Hill. Check out this video to see what this unique gym has to offer. Visit their website to schedule a free workout.

 

This is going to be the
best 2% of your day!

 

Location:

1295 E. Dunne Avenue #160
Morgan Hill, CA 95037
408-763-4701

Website:

www.9round.com/fitness/morgan-hill-ca-x3485

 

If you'd like to be featured on a future episode of Discover South County, visit www.DiscoverSouthCounty.com, or send an email to John@SuperiorRealtyPartners.com.