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Showing posts from February, 2012

Remodeled Cul-de-sac location with Open Floor Plan OH Sat/Sun 3/3-4 1-4pm

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Sunil Sethi | SUNIL SETHI REAL ESTATE | (510) 388-2436 32717 Fowler Ct, Union City, CA Remodeled Cul-de-sac location with Open Floor Plan OH Sat/Sun 3/3-4 1-4pm 5BR/3BA Single Family House offered at $615,000 Year Built 1985 Sq Footage 2,388 Bedrooms 5 Bathrooms 3 full, 0 partial Floors 2 Parking 3 Car garage Lot Size 8,525 sqft HOA/Maint $0 per month DESCRIPTION Regular sale. This home is bright, modern and comfortable. Remodeled kitchen with granite & custom cabinets. Recessed Lights . Cherrywood laminate & marble tile. Dual pane windows. Interior beautifully painted. Vaulted ceiling, lots of Natural lighting1 BR & 1BA downstairs. OH Sat/Sun 3/3-4 1-4pm see additional photos below PROPERTY FEATURES - Central heat - Fireplace - High/Vaulted ceiling - Walk-in closet - Tile floor - Family room - Living room - Bonus/Rec room - Office/Den - Dining room - Dish...

what non-sense - California AG Requests "Good-Faith Pause" on GSE Foreclosures

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Why is government  getting involved with principal reduction? How is that fair to those of us who won’t be getting this hand-out? As it is there is a shortage of homes available for people who can afford them to buy them today.   Gov’t needs to stay out of the market. The government’s cheap rates, and insurance were as to blame for the easy money lending that caused this housing meltdown, and I hardly think they know what they’re doing now. Govt needs to stop interfering.   From DS News California AG Requests "Good-Faith Pause" on GSE Foreclosures Insistent that principal reductions are the best line of defense in loss mitigation, California Attorney General Kamala Harris is calling on Fannie Mae and Freddie Mac to halt foreclosures in her state while the Federal Housing Finance Agency (FHFA) considers whether principal reductions are an appropriate strategy for the GSEs. In a recent letter to FHFA Acting Director Edward DeMarco, Harris ...

Housing Recovery for Real This time

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From DS News   Freddie Forecast: Housing and Economy Getting Warmer Freddie Mac sees cautious signs of improvement in the housing market and overall economy and expects more warmth in 2013, according to its latest monthly outlook. "The US economy continues to build on the momentum from the end of last year," said Freddie Mac VP and chief economist, Frank Nothaft. Positive signs Freddie cites include job gains, declining unemployment, and high affordability. » Read More     - sunil   SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools. DRE #01173766, #01729474     Property Search | Featured Listing | Neighborhoods | Home Value | School Score  

January 2012 - Home Sales Up Again

From DS News: January Home Sales Up Again Existing-home sales rose in January for the third time in the past four months, according to a release from the National Association of Realtors ( NAR ), and inventory also fell the same month. Total existing-home sales increased 4.3 percent compared to the previous month of December and 0.7 percent compared a year ago in January 2011. Total housing inventory at the end of January fell 0.4 percent compared to the previous month and 20.6 percent compared to a year ago.  

California to Receive $18 Billion in Mortgage Settlement

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        Brought to you by the CALIFORNIA ASSOCIATION OF REALTORS®.   California to Receive $18 Billion in Mortgage Settlement On February 9, Attorney General Kamala D. Harris announced that California secured up to $18 billion for its distressed homeowners as part of a $25 billion national multistate settlement with the country's five largest loan servicers. More than $12 billion will be used to offer short sales or write down loans over the next three years for about 250,000 underwater homeowners in California, according to the attorney general. Relief will go to areas hardest hit by the foreclosure crisis within the first year of the settlement. Although the actual settlement has not yet been released, the attorney general has stated that other financial benefits for California include $849 million for refinancing 28,000 borrowers who are underwater but current on their payments; $279 million restitution for 140,000 homeowners who were foreclosed...

January 2012 Housing Inventory Snapshot

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  We 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 January 28, 2012   Average List Price Median List Price Average Days On Market Santa Clara County, CA Single Family under $1M $567,901 $548,500 71 Single Family over $1M $2,475,049 $1,700,000 85 Condo/Townhome under $600K $343,782 $337,500 76 Condo/Townhome over $600K $784,247 $729,000 85 San Mateo County, CA Single Family under $1M $590,432 $562,071 87 Single Family over $1M $3,588,160 $1,799,000 95 Condo/Townhome under $600K $349,198 $339,000 84 Condo/Townhome over $600K $882,931 $730,000 92 Santa Cruz County, CA Single Family under $1M $526,094 $519,000 90 Single Family over $1M $2,152,883 $1,625,000 118 Condo/Townhome under $600K $314,979 $290,000 106 Condo/Townhome over $600K $862,771 $799,000 144 Monterey County, CA Single Family under $1M $437,188 $355,000 93 Single Fa...

New Listing: Best Starter Home Option in Fremont Today. OH Sat/Sun 1:30 to 4:30pm

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Sunil Sethi | SUNIL SETHI REAL ESTATE | (510) 388-2436 39951 Fremont Blvd Apt 325, Fremont, CA Spacious Upgraded Condo Walking Distance to BART 2BR/2BA Condo offered at $259,950 Year Built 1987 Sq Footage 1,465 Bedrooms 2 Bathrooms 2 full, 0 partial Floors 1 Parking 1 Car garage Lot Size Unspecified HOA/Maint $328 per month DESCRIPTION Regular sale. Best unit in complex. Spacious, quiet location. New carpeting and interior paint. New granite in kitchen and hall bath. Tile in kitchen, entry and baths. Vaulted ceiling. 2 walk-in-closets. New water heater. New heating units, secure entry with elevator. Walking distance to BART. Open House Sat/Sun 2/11-2/12 1:30-4:30pm see additional photos below PROPERTY FEATURES - Fireplace - High/Vaulted ceiling - Walk-in closet - Tile floor - Family room - Dining room - Dishwasher - Stove/Oven - Microwave - Granite countertop -...