Thursday, August 14, 2014

Yes, the Economy is Strong

From DS News

Economy Moving Closer to Normal

After half a year of failed predictions and slow starts, the U.S. economy actually appears to be closing in on normal, at least according to Freddie Mac. Freddie Mac's latest Economic and Housing Market Outlook shows that the agency expects to see the U.S. housing market driven once again by fundamentals—jobs, household formations, and affordability—rather than economic upheaval.»READ MORE

 

- Sunil Sethi

SUNIL SETHI REAL ESTATE

Helping Families Find Homes with Great Schools in Fremont, Newark and Union City.

Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax

To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App".
Want to know if you qualify for any special loan programs. Check out CAR's Mortgage Directory
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Wednesday, August 13, 2014

Changes to Calculating FICO Scores

FICO just announced that they will change the way scores are calculated.  The changes include no longer factoring an account or debt that is with a collection agency but has been paid off or settled, and also will give unpaid medical debt less weight.  When we talk about credit, this is a big step to helping people increase their credit score

 

- Sunil Sethi

SUNIL SETHI REAL ESTATE

Helping Families Find Homes with Great Schools in Fremont, Newark and Union City.

Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax

To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App".
Want to know if you qualify for any special loan programs. Check out CAR's Mortgage Directory
Love Us on Yelp!
Like Us on Facebook

 

 

Monday, August 04, 2014

Alameda County Housing Inventory Snapshot July 2014

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.

Housing Inventory Snapshot

July 28, 2014

 

Average List Price for active listings

Median List Price for active listings

Average DOM: for active listings/ for sold listings

Alameda County, CA

Single Family under $1M

$588,933

$589,000

37

Single Family over $1M

$1,905,615

$1,528,000

63

Condo/Townhome under $600K

$402,375

$399,950

38

Condo/Townhome over $600K

$752,122

$716,755

38

San Mateo County, CA

Single Family under $1M

$716,565

$699,000

46  / 19

Single Family over $1M

$3,920,414

$2,149,000

80  / 21

Condo/Townhome under $600K

$440,424

$448,000

28  / 35

Condo/Townhome over $600K

$922,826

$794,350

46  / 12

Santa Clara County, CA

Single Family under $1M

$708,611

$699,900

41  / 14

Single Family over $1M

$2,490,453

$1,799,000

77  / 22

Condo/Townhome under $600K

$440,189

$439,000

34  / 17

Condo/Townhome over $600K

$813,661

$750,000

23  / 21

Santa Cruz County, CA

Single Family under $1M

$668,365

$695,000

59  / 16

Single Family over $1M

$2,195,813

$1,499,000

133  / 1

Condo/Townhome under $600K

$432,332

$419,000

77  / N/A**

Condo/Townhome over $600K

$820,958

$749,000

175  / N/A**

If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.

 

- Sunil Sethi

SUNIL SETHI REAL ESTATE

Helping Families Find Homes with Great Schools in Fremont, Newark and Union City.

Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax

To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App".
Want to know if you qualify for any special loan programs. Check out CAR's Mortgage Directory
Love Us on Yelp!
Like Us on Facebook