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Showing posts from July, 2012

Phoenix real estate continuing it's mend, just like the Fremont is.

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The real estate recovery is happening even in the hardest hit areas like Phoenix. Fremont isn’t the only place seeing prices rise.   From DS News     Phoenix Prices Gain as Foreclosure Resales Dwindle: DataQuick After being known as one of the hardest-hit cities, Phoenix has been gaining recognition for its rapidly rising prices. DataQuick reported the median sale price of a home in the Phoenix metro area in June rose for the seventh month in a row to $152,000, the highest level since late 2008. One of the reasons for the upswing in prices is the decline in foreclosure resales, according to DataQuick. Foreclosure resales fell to 21.2 percent of the resale market in June. The figure is the lowest level since January 2008, when foreclosure resales accounted for 18.6 percent of the resale market. » Read More     - sunil   SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in fremont, newark and union City. Love Us on Yelp! ...

Economists in Survey Oppose Strategic Default, Principal Forgiveness

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I’m not sure I believe them; this is a prisoner’s dilemma game, and people will choose to maximize their personal outcomes – that’s what got us into this mess. From DS News   Economists in Survey Oppose Strategic Default, Principal Forgiveness Nearly three-quarters of economists surveyed said they would continue making their mortgage payments even if they were deeply underwater, Zillow reported Thursday. In Zillow's Home Price Expectation survey for June, 71 percent of economists said they would not choose strategic default, even if they owed at least 40 percent more on their mortgage compared to the home's current value. The industry experts were also questioned on their position concerning a government-sponsored program to forgive principal for underwater homeowners. Seventy-two percent said they opposed a principal reduction program, while 28 percent were in favor of one. » Read More       - sunil   SUNIL SETHI REAL ESTATE Help...

Housing Recovery Expected to Sustain

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Per DS News Barclays: Trends Suggest Recovery is Sustainable According to the firm's U.S. Housing report, single-family housing starts are expected to trend upward, matching the strength of multi-family starts that has driven the housing recovery over the past year. Barclays also anticipates that home price indices will close out the year strong, suggesting a broadening and lasting recovery. Based on improved affordability, increased demand, and falling inventory, the firm projected a year-over-year home price increase of 2.9 percent by the end of 2012. » Read More     - sunil   SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City Love Us on Yelp!   Like Us on Facebook     Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax  

Want to get into the Foreclosure Game

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HUD boosting sales of distressed FHA loans The U.S. Department of Housing and Urban Development is now accepting applications from investors interested in buying pools of severely distressed mortgages formerly insured by the Federal Housing Administration, HUD announced today. ... Continued »       SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark, and Union City. Love Us on Yelp!   Like Us on Facebook     Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax  

Mortgage rates keep sliding

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Mortgage rates keep sliding Mortgage rates broke records again this week as fears that the European debt crisis will slow the global economy had investors moving money out of stocks and into safer investments like Treasuries and bonds that fund most mortgage... Continued »       - sunil   SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark & Union City. Love Us on Yelp!   Like Us on Facebook     Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax  

New Listing at 4825 Rose Way, Union City, CA 94587 OH Sat/Sun 1-4pm

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4825 Rose Way, Union City, CA 94587 Ø Regular sale - not an REO or Short Sale. Ø Built in 1975 Ø 4 Bedrooms Ø 2 Baths Ø 2 Car Garage. Ø 1,566 spacious living sqft. Ø 6,161 sqft lot. Ø This home is bright, modern, and comfortable. Ø Dual Pane Windows Ø New Modern light fixtures and Recessed Lights Ø Completely remodeled Kitchen Ø Granite counter tops Ø New kitchen cabinets Ø New slide in range, dishwasher, and stainless steel island exhaust hood Ø 8 x 4 ft granite peninsula with high end slide in range Ø Remodeled baths Ø New Flooring (20”x20” porcelain tile, high quality laminate, 49oz carpet with an 8 lb pad) Ø Freshly painted interior and exterior Ø New front door and garage door Ø Lots of Natural lighting Ø Associated with Delaine Eastin Elementary Ø Additional Sun Room Area approximately 300sqft Ø Easy access to Dumbarton, Hwy 880 or Hw...

Residential Energy Tax Credits for 2012

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From CAC.   Read Our Newsletter     Financial Calculators     Tax Center     Free Reports     Contact Us Featured Articles For July, 2012   How to Save for College Tax-Free The need to set money aside for their child's education often weighs heavily on most parents, but there are plans out there to help. Learn how two such programs, Qualified Tuition Programs and Coverdell Education Savings Accounts, help you save money for college while providing tax relief as well. Tips for Safeguarding Financial Records With the 2012 hurricane season now under way and memories of tornadoes, floods, and other natural disasters fresh in our collective minds, now is the time to begin thinking about protecting your tax records and financial documents. Here's a step by step guide to what you can do to safeguard your financial records. Residential Energy Tax Credits for 2012 If you've been thinking about "going green" this year...

Zillow Lists 10 Best Markets for Buyers and Sellers

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From DS News Zillow Lists 10 Best Markets for Buyers and Sellers San Francisco, San Jose and Las Vegas metro areas were named as the top markets for sellers, while Chicago, Milwaukee and Cleveland were categorized as markets where buyers have more power, according to data released from Zillow Tuesday. In the top seller's markets, price cuts are uncommon and homes often sell for at or near their asking price. In markets where buys are favored, homes are taking longer to sell and buyers receive average discounts of 5 percent below the asking price. » Read More     - sunil   SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont Newark and Union City. Love Us on Yelp!   Like Us on Facebook     Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax  

Union City Launches CommunityView a mapping and data information website, which provides details on properties, city services, and local features

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  CommunityView™ is a mapping and data information website, which provides details on properties, city services, and local features. Enter a street address or an Assessor’s Parcel Number (APN) in the search window to locate a particular property and view the following types of information: Road Map Aerial Color Photography Parcel Information City Boundary Parks Schools Bike and Trail Facilities   http://www.ci.union-city.ca.us/commdev/community_view.html     SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Love Us on Yelp!   Like Us on Facebook     Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax  

Normal Cost Allocations for th Counties in California When Buying Real Estate

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      SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City Love Us on Yelp!   Like Us on Facebook     Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax        

Best Apps for Road Trips

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  Waze (Android, iPhone, select BlackBerry, Nokia and Windows phones) records its users' locations, their speed and other info to create a constantly updated map with traffic jams, speed traps and construction delays . Hikes and restaurant information. When you tire of gas-station hot dogs and billboard scenery, these apps provide some relief. Stretch those cramped legs on hiking trails pinpointed with Sierra Club Trail Explorer (iPhone). The app is powered by AllTrails.com and uses GPS to alert you to the nearest paths. TripIt (Android, BlackBerry, iPhone, iPad, Windows Phone) lets you create an itinerary that you can share with others and syncs it with your phone’s calendar. To add to your itinerary, simply forward confirmation e-mails for hotels, restaurants and     - sunil   SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark, and Union City Love Us on Yelp!   Like Us on Facebook     Property Search |...