Gilroy, CA

Here are some current Inventory numbers for week 6 in Gilroy (95020).... once again, it's our interpretation of what the market is really doing and where it's heading.

More Real Estate and Less Hype

• 42 Single family homes currently listed as bank owned
• 156 Single family homes currently listed as short sales
• 52 Single family homes are currently overpriced
• 47 Single family homes sold in the past 90 days
• 183 Single family homes in escrow (127 short sales)
• 278 Single family homes listed for sale
• 277 Total homes in foreclosure
• $423,000 Median sale price for single family homes in past 90 days

Here are some current Inventory numbers for week 5 in Gilroy (95020).... once again, it's our interpretation of what the market is really doing and where it's heading.

More Real Estate and Less Hype

• 41 Single family homes currently listed as bank owned
• 155 Single family homes currently listed as short sales
• 49 Single family homes are currently overpriced
• 53 Single family homes sold in the past 90 days
• 183 Single family homes in escrow (129 short sales)
• 275 Single family homes listed for sale
• 286 Total homes in foreclosure
• $399,000 Median sale price for single family homes in past 90 days

Here are some current Inventory numbers for week 4 in Gilroy (95020).... once again, it's our interpretation of what the market is really doing and where it's heading.

More Real Estate and Less Hype

• 42 Single family homes currently listed as bank owned
• 155 Single family homes currently listed as short sales
• 53 Single family homes are currently overpriced
• 49 Single family homes sold in the past 90 days
• 183 Single family homes in escrow (130 short sales)
• 273 Single family homes listed for sale
• 289 Total homes in foreclosure
• $399,000 Median sale price for single family homes in past 90 days

Did you know that 1 in 7 homeowners are struggling to make their mortgage payments? It is very easy to fall behind in payments and before you know it you are on an emotional rollercoaster.

It doesn't have to be you. Take steps and control of your situation; don't let it spin out of control.

• Look up your loan to see if you qualify for a loan modification or short sale through HAFA:
• Fannie Mae
• Freddie Mac
• Document the cause of your distressed.
• loss of employment
• reduced income
• business failure
• damage toproperty
• death of a spouse, wage earner or other member of the family
• severe illness
• inheritance; if you are now the owner of a property you inherited and can't afford the payments.
• divorce
• relocation
• military serive
• payment increase or mortgage adjustment
• insurance or tax increase
• separation
• too much debt
• incarceration
• Contact a Certified Distressed Property Expert about the options you have to get under from your mounting mortgage debt. Do you qualify for a loan modification or have you tried that and are still struggling? Other options are available.
• Contact a Real Estate Attorney who is specialized in distressed properties
• Contact a CPA

Here are some current Inventory numbers for week 3 in Gilroy (95020).... once again, it's our interpretation of what the market is really doing and where it's heading.

More Real Estate and Less Hype

• 43 Single family homes currently listed as bank owned
• 162 Single family homes currently listed as short sales
• 51 Single family homes are currently overpriced
• 48 Single family homes sold in the past 90 days
• 193 Single family homes in escrow (136 short sales)
• 283 Single family homes listed for sale
• 292 Total homes in foreclosure
• $407,500 Median sale price for single family homes in past 90 days