Nearly every day people ask me the same question relative to home values: “Are housing values at the bottom yet?”  The answer varies depending the area you are asking about.

In this article Forbes provides mixed answers:  homeowners in the San Francisco Bay Area may “be there”.  Other places in CA and around the country, however, may have a ways to go yet before their house-value-slide ends.

San Jose was specifically listed as one of the few metro area where values seem to have leveled.  This continues to be good news for Morgan Hill, Gilroy and Hollister home values.  With the majority of South County residents commuting up into the Bay Area, home values in these three cities will continue to follow San Jose’s lead.

So, Johnny, we’re there –  but we won’t be returning to increased values for some time to come.

This bright and sunny home is only 40 min. from San Jose, 13 miles from Gilroy’s Outlets and CalTrains; 4 miles from San Juan’s village and schools, 20 min. to the beach and a little further to Monterey.

As you watch the VIDEO Tour (above) of this great home look for all of the natural light, large oak trees, and the home’s quality. 860 Merrill Rd is located at the end of the lane, about a mile up from Hwy 101.

You can also click on the “City Tours” tab above to see a VIDEO Tour of San Juan Bautista as well.

In addition to the 4 large bedrooms, 3 full baths, over sized 3 car garage and 3,149 sq. ft., the energy efficiency, privacy and great location of this home will make you glad you found it.

860 Merrill will be going on the market in a few weeks.  Call or e-mail me for your own, personal tour of this wonder country home.

I welcome your comments here.