Palo Alto Distressed Property Update 2011 Jan-June

Real Estate Agent with eXp Realty of California Silicon Valley Probate, Trust, and Investment Sales B.R.E. 01191194

It's time again. Curious about how many distressed properties there really are in Palo Alto?  Despite what you may be reading these are the homes for sale or sold on MLS as Short Sales or Bank Owned.


Short Sales: Single Family Homes  3

Short Sales: Townhome or condo:  2

Bank Owned: Single Family Homes  2

Bank Owned Townhomes or Condos  4



Short Sales:  Single Family Homes  1

Short Sales Townhomes or condos   1

Bank Owned Single Family Homes   0

Bank Owned Townhome or Condo    1


Pending Sales:

Short Sales: Single family homes  2

Short Sales: Townhomes or condos 1

Bank Owned  Single Family Home  0

Bank Owned Townhome or Condo   1

As you can see the number of distressed properties for sale is continues to be extremely low. This small number of short sales and reos are not enough to have a major impact on the market as they do in many other markets.

If you have any questions about short sales or bank owned properties please feel free to contact me.

Marcy Moyer

Keller Williams Realty


D.R.E. 01191194

Federal Government Disclaimer (MARS): 1. You may stop doing business with us at any time. You may accept or reject the offer of mortgage assistance we obtain from your lender [or servicer]. If you reject the offer, you do not have to pay us. If you accept the offer, you will have to pay us commission as agreed to in listing contract for our services.
2. Marcy Moyer of Keller Williams Realty is not associated with the government, and our service is not approved by the government or your lender; and 
3. Even if you accept this offer and use our service, your lender may not agree to change your loan.




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Marcy Moyer eXp Realty of California  Specializing in Probate and Trust Sales, and Rental Investment Properties



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