If you’re interested in buying (or for that matter, selling) a Los Gatos short sale, please visit my Live in Los Gatos blog, where yesterday I wrote about this subset of the real estate market. Topics covered include:

  • the current number of short sale listings on the market in Los Gatos
  • the current number of pending solds (of short sales)
  • the number of short sales which have closed escrow in the last month
  • the “absorption rate” or “months of inventory” in the short sale market in LG
  • a study of short sales listed between 1-1-09 and 6-30-09: how many of them actually sold & closed in the last year? how many are on the market still? how many are “off market” and off the radar?
  • how long does it take to sell a short sale in Los Gatos?
  • how long does it take to close escrow on a LG short sale?

Here’s the article & link:
Los Gatos Short Sales: Snapshot of Today’s Activity