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Posted about 14 years ago

Home Sales in Eagle Ridge

EAGLE RIDGE REALTY is happy to report that home sales in the Eagle Ridge Golf Community in Gilroy, CA have been very strong.  Recently listed homes have sold rather quickly.  Inventory is way down, compared to a year ago.  There are currently 8 homes on the market, compared with 42 homes that were For Sale in January, 2009.

In our opinion, the community has stablized after it was hit hard by a lot of buyers a couple of years ago who bought with subprime loans.  Most of these were fraudulent loans, and I hope the District Attorney aggressively prosecutes these people.  There is no reason we should have had this problem, and it would be great if those offenders went to jail.  Period.  Actually, jail is too nice a place for them...  They hurt too many people.

With prices being supported due to non-distressed sales, I would anticipate more people shall be putting their homes on the market.There still are some good deals to be had, however, and we suggest you visit our website where we are the only brokerage dedicated to the Eagle Ridge Golf Community.  We offer a mapping feature of all homes for sale that are listed with the Multiple Listing Service.

Gary and Nancy Frimann, Brokers and Owners
EAGLE RIDGE REALTY
"Our Performance Will Move You!"

CA DRE #01309169
(408) 846-8284

 


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