Dominic Godfrey's (dominicgodfrey) Blog

Mortgage rates are still extremely low by historical standards, but have been inching up for the last 2 weeks, possibly in corelation to recent stock market gains. Rates have been fluctuating around record lows not seen in more than a half-century for a good many months now. For the last two week...

Of the 352 single family homes available for sale right now in south county (Morgan Hill, San Martin, & Gilroy, 111 are short sales and 39 are bank owned foreclosures. making short sales a significant part of our market, most likely for the foreseable future and then some! Even though Short Sales...

Surprising as it might be, properly priced Morgan Hill homes are selling very fast right now, right across the market, at all price points.  In fact in the last few weeks we've seen a significant number of multiple offers, some pushing sale prices above list prices, even on higher price homes.  P...

Just like so many other things in life, buying a home is all about compromise and tradeoffs. Believe me, I guarantee there are no perfect homes out there in your particular price range, whatever price you're at !  Before you start your home search it might help to think through a list of your top...

Prospective Sellers often ask what they can do to make their home as appealing as possble to buyers. As my mother used to tell me, "Cleanliness is next to Godliness" !  - And it's definitely cost effective. Without doubt, cleanliness is one of the most important 'subconcious' criteria for most ho...

With mortgage rates at all time historic lows of around 4% and real inflation rates running at about 2%, then the real cost of borrowing money is virtually zero after taking into account federal and state tax deductions ! For example, someone paying 27% federal tax and 8% Ca state tax (total 35% ...

Welcome to my new real estate blog where I hope to provide useful news and views on our local Morgan Hill, San Martin, and Gilroy real estate market.

Welcome to my new real estate blog where I hope to provide useful news and views on the local Morgan Hill and Gilroy real estate market.

Welcome to my new blog, where I hope to focus on News and Views concerning Morgan Hill and Gilroy Real Estate.