New Development Offers 28 Residences at Unparalleled Auction Prices on April 20 Gilroy, Calif. (March 26, 2008) – Accelerated Marketing Partners will conduct a real estate auction for single-family homes and townhomes on Sun., April 20 for Forest Park, a new development located in historic downtown Gilroy. Minimum selling prices for the 28 three-, four- and five-bedroom homes available at the auction will start at $295,000. ”Buyers will be hard-pressed to find other properties in such a remarkable location at these unprecedented prices,” said Ken Stevens, co-founder and west coast chief executive officer of Accelerated Marketing Partners. The auction event will take place at 12:00 p.m. at the Doubletree Hotel, located at 2050 Gateway Place, San Jose, CA 95110. The Forest Park auction information center is open daily from 10:00 a.m. to 5:00 p.m. at 7661 Forest St., Gilroy, CA 95020. The 13 three-bedroom residences available at the auction range in size from approximately 1,394 sq. ft. to 1,590 sq. ft., each with a minimum selling price of $335,000. The 12 four-bedroom residences range in size from approximately 1,590 sq. ft. to 2,403 sq. ft., each with a minimum selling price of $355,000. Three five-bedroom single-family residences boast more than 2,400 sq. ft., each with a minimum selling price of $475,000. Three-bedroom homes had previous asking prices of up to $610,000 and four- and five-bedroom homes had previous asking prices of up to $810,000. The intricately crafted townhomes at Forest Park feature decorative interiors, high ceilings and designer fixtures. Private master suites include walk-in closets, sumptuous baths with separate showers and double vanities. All townhomes boast state-of-the-art kitchens, two-car garages and complete front yard landscaping with automatic sprinklers. Rich architectural details can be found throughout the single-family residences, which offer living spaces with tile entry, plush carpeting and high ceilings. Well-appointed kitchens provide state-of-the-art appliances, shaker-style cabinetry and center work islands. Master suites boast walk-in closets and dual vanities, as well as baths with separate soaking tubs and showers. Nestled in a serene park setting just off U.S. Route 101, Forest Park is just 30 minutes south of San Jose and located near destinations such as the Henry Coe State Park, Eagle Ridge Golf Club, Gilroy Premium Outlets and Gilroy Gardens. For more information, please call 408-842-6819 or visit www.auctiongilroy.com.www.auctiongilroy.com.