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Showing posts from August, 2012

New Haven News Release: State Test Scores

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_______________________________________________ New Haven District News This message has been sent to: stevenmfong@gmail.com To unsubscribe from this mailing list or to modify your subscription settings, please visit: http://lists.nhusd.k12.ca.us/cgi-bin/mailman/options/districtnews/stevenmfong%40gmail.com DISTRICT SHOWS PROGRESS TOWARD CLOSING ACHIEVEMENT GAP   UNION CITY (Friday, Aug. 31, 2012) – Efforts to close the "achievement gap" are succeeding in the New Haven Unified School District according to results released by the California Department of Education from the 2011-12 CAHSEE (California High School Exit Exam) and STAR (Standardized Testing and Results) tests.   The achievement gap, for several years one of the most vexing problems in public education, is the difference in test results between high-performing students (typically Asian and white sub-groups) and lower-performing students (typically Hispanic/Latino and African-American sub-groups). The gap gener

Kelly-Blue book for Homes

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Are you serious? How many hours of research came up with this idea. Online valuation engines definitely are far more manageable, but to try to give a proscribed price range for a  unique asset is crazy.   From DS News Researchers Suggest 'Kelley Blue Book' of Real Estate to Limit Bubbles A study completed by the University of Miami School of Business Administration suggests that fragile market bubbles could be prevented if the public were aware of how assets are valued. The research, set to be published in the Journal of Financial and Qualitative Analysis, analyzed China's 2007 stock market. The study found that stocks with a bigger amount of analyst coverage experienced significantly smaller bubbles than those that weren't covered as well. » 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 |

Of This Doesn't Necessarily Mean Banks Don't Have Problems, but fewer are Failing

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From DS News        FDIC Sees Number of Problem Banks Fall in Q2 As bank failures dwindle, FDIC institutions continue to see their own coffers swell, with an agency report finding that banks with government guarantees earned $34.5 billion over the second quarter. The FDIC also noted fewer "problem" institutions for the fifth consecutive quarter. Those identified as problems fell from 772 to 732, making this year one for the smallest problem banks since fourth-quarter 2009. Assets for institutions on the decline fell from $292 billion to $282 billion. And banks seemed to sweat a little less over the last quarter. » 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  

Home prices rose 6.9 percent in the second quarter

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Case-Shiller Index Shows Record Quarterly Gain Home prices rose 6.9 percent in the second quarter, according to the Case-Shiller Index compiled by Standard & Poor’s, the strongest quarter-over-quarter gain since the quarterly index began in 1987. In June, the monthly 10- and 20-city indices rose 2.2 percent and 2.3 percent, respectively, S&P reported. Prices also improved month-over-month in all 20 cities tracked by Case-Shiller.     - 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  

Home Prices Post Strongest Gain since 2006

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Home prices post strongest growth since 2006 Demand for homes grew faster than the inventory of homes for sale in July, helping push the national median price of existing homes up for the fifth month in a row despite a modest increase in sales that fell short of some analysts'... Continued »       - 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  

1/2 Under 40 are Underwater

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I guess this makes since, because they would have represented the greatest population of 1 st time buyers during the housing run-up.   Nearly Half of Borrowers Under 40 Sitting Underwater: Zillow The share of homeowners with underwater mortgages continued its decline in the second quarter, according to the Zillow Negative Equity Report. About 15.3 million homeowners with a mortgage were underwater, or 30.9 percent, a drop from 15.7 million or 31.4 percent. The report also revealed that negative equity more often affects younger age groups, with nearly half (48 percent) of borrowers under age 40 with an underwater mortgage. » Read More     - sunil   SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. DRE #01173766, #01729474 Love Us on Yelp!   Like Us on Facebook     Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax    

Special Event in Niles this Sunday, August 26th - Major roads will be closed and high pedestrian traffic expected.

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Thursday August 23, 2012, 11:54 AM Fremont Police Department (CA)

New Home Builder's Confidence Grows

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  Homebuilder Confidence in U.S. Increases to Five-Year High bloomberg.com - Confidence among U.S. homebuilders climbed in August to the highest level in more than five years, affirming the improvement in residential construction.         - sunil   SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Sunil Sethi Steven Fong Love Us on Yelp!   Like Us on Facebook     Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax  

Citi offer home owners opportunity to rent back their foreclosed home.

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Citi offer home owners opportunity to rent back their foreclosed home.   From DS News CitiMortgage to Launch Home Rental Program as Foreclosure Alternative CitiMortgage announced the launch of the Home Rental Program, a program designed to provide an alternative to foreclosure and allow eligible borrowers to stay in their homes. Under the program, the eligible borrower transfers ownership of the property to a vehicle established by Carrington Capital and its joint venture partner, Oaktree Capital Management, L.P. A lease will then be established for the property at a manageable monthly payment. » Read More       - sunil   SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools. Love Us on Yelp!   Like Us on Facebook     Property Search | Featured Listing | Neighborhoods | Home Value | School Score | Property Tax  

See What's Happening in Union City!

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               ACTIVITY GUIDE REGISTER FOR A CLASS FACILITIES & PARKS UNION CITY HOME SITE CONTACT US       SUMMER PARK & PLAYGROUND CARNIVAL Friday, August 10, 2012 • 12 noon – 3 pm Old Alvarado/ Cesar Chavez Park • 3871 smith Street, Union City Wild Wild West!   Join in the fun at Old Alvarado/ Cesar Chavez Park for our annual Summer Park & Playground Carnival.  Enjoy game and snack booths with a local flavor – hosted by the participants and leaders of the summer teen and youth programs.  All booths cost 25 cents!  Save up your change and come spend an afternoon for some Wild Wild West Fun!  For more information, call (510) 675-5488.          12 th ANNUAL “A HOT AUGUST DAY” SENIOR AUTO SHOW & BBQ Saturday, August 11, 2012 • 9 am – 4 pm Ruggieri Senior Center • 33997 Alvarado Niles Road, Union City FREE ADMISSION!   Join us for a day filled with food, music, fun, and cars!  Local seniors will be proudly displaying antique and custom cars, trucks and hot rods from the