Fremont Real Estate Blog

We don’t have many mixed used communities in the Tri-cities (Fremont, Newark and Union city), but there is no development located at Cambridge Way and Union City blvd. It ‘s failed to get more than one commercial tenant and though the upstairs units are all residential, re-sales have been limited to cash buyers, which has depressed pricing.   These new rules may help them.     From C.A.R. FHA eases burdensome condo financing rules The biggest source of funding for low-down-payment condo mortgages, the Federal Housing Administration, has revamped controversial rules that caused thousands of building across the country to lose their eligibility for FHA financing. Making sense of the story The revised guidelines, which were issued Sept. 13 and took effect immediately, should make it easier for a large number of homeowner associations to seek certification by the FHA.  Without approval of an entire development, no individual unit can be financed or refinanced...

This will be great event that I hope many parents take advantage of.   -sunil          The 20 th Assembly District is one of the most diverse and educated districts in the state of California.   But with reports indicating that many high school drop outs become disinterested in pursuing an education as early as middle school, encouraging good study habits and fostering a positive educational experience are more important now than ever.   Recognizing this need, Cesar Chavez Middle School and I invite you to learn how you can help put your children on the path to success at our “Middle School College Fair” for students and families in the New Haven Unified School District from 5 p.m.-8 p.m. on October 2, 2012, at Cesar Chavez Middle School, located at 2801 Hop Ranch Road, in Union City.   Our goal for this program is to reach out to students and families and provide you with important information about their college options a...

Not that I’m a follower of anyone other than the Anderson report when it comes to Economist, but Zillow surveyed a group of Economist and they feel home prices will rise in 2012 by 2.3%. On a $600,000 home that means. $13,800 in appreciation. That’s not bad.     From DS news Economists Far More Optimistic on Future of Housing Prices: Survey A strengthening housing market in the past few months has economists making more bullish predictions about the recovery, Zillow revealed Thursday. The company released the results of its most recent Home Price Expectations Survey, showing that economists surveyed expect home prices to rise by a total of 2.3 percent during 2012. This change in sentiment is a major turnaround from June, when respondents predicted home prices would experience a net decline this year. » Read More   - sunil   SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union City. Love Us on Yelp! ...

This is no surprise, all signs point to the market being on an upswing.   From C.A.R.   Foreclosure starts decline in August Notices of Default filed in California during August were down 23.6 percent from the prior month, and down 49.1 percent compared with last year, according to data from ForeclosureRadar. The decline in foreclosure starts is even more significant on an average daily basis, down 30.2 percent from the prior month in California with 23 business days in August compared with 21 business days in July.   Foreclosure sales, however, increased 23.7 percent in California on a month-over-month basis. On an average daily basis, the increase was up 12.9 percent from the prior month. "We continue to see reports that there will be a wave of foreclosure sales after the election or at the start of the year,” said Sean O'Toole, founder & CEO of ForeclosureRadar. “The lack of foreclosure starts this month puts a nail in the coffin of this theory. Th...

Get You home ready for the winter.   NEW REBATES, EVENTS AND MORE Introducing Flex Package! With new rebates of $1,500 available for energy upgrades to your home, Flex Package offers a simple way to make your home more comfortable this winter while saving money on your energy bills. Alameda County homeowners can now work with a select group of Energy Upgrade California Participating Contractors to take advantage of Flex Package. Rebates are available for a limited time only, so sign up today! Learn more at www.AlamedaFlex.org . Please scroll down to the bottom of this email to view the list of Flex Package qualified contractors. Energize for the Prize After giving away more than $18,000 last year, Energize for the Prize is back with $50,000 available for local schools! This year, homeowners can earn $250 for the school of their choice by doing an energy upgrade. Check out www.EnergizeforthePrize.org for more information, including the list of participating schools in your area. ...

From DS News   Reality TV's Flip Men Offer Investment Tips During Webinar RealtyTrac hosted a webinar Wednesday to get advice from two pros in the world of property flipping. Hosted by Daren Blomquist, VP of RealtyTrac, the webinar featured reality TV show stars Doug Clark and Mike Baird to learn about their experiences as property flippers and holders. In real estate, location is known to be everything, but Mike said in flipping, its "price, price, and 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    To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" .  

Looking forward to seeing this one.   From DS News Foreclosure-Focused Reality TV Show to Debut in October The show, titled "Foreclosure 2 Fabulous," follows host Patrick Colville and his family and friends as they help participants buy, renovate, and refurnish foreclosed vacation properties within a five-day period. The program is designed to show participants and viewers how they can "own and enjoy their own little piece of paradise." » 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  

From DS News   Foreclosure-Focused Reality TV Show to Debut in October The show, titled "Foreclosure 2 Fabulous," follows host Patrick Colville and his family and friends as they help participants buy, renovate, and refurnish foreclosed vacation properties within a five-day period. The program is designed to show participants and viewers how they can "own and enjoy their own little piece of paradise." » 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  

From DS News   July Home Prices See Biggest Yearly Increase Since 2006: CoreLogic Home prices in July saw the biggest nationwide year-over-year increase since August 2006, CoreLogic reported Tuesday. According to the company's July Home Price Index (HPI), home prices-including distressed sales-increased year-over-year by 3.8 percent in July. On a month-over-month basis, prices increased 1.3 percent from June. July marked the fifth consecutive increase in home prices on both a monthly and yearly basis. » 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  

  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 August 28, 2012   Average List Price Median List Price Average Days On Market Santa Clara County, CA Single Family under $1M $648,449 $645,000 46 Single Family over $1M $2,578,392 $1,799,000 68 Condo/Townhome under $600K $387,618 $398,888 35 Condo/Townhome over $600K $872,525 $769,000 43 San Mateo County, CA Single Family under $1M $668,299 $664,888 46 Single Family over $1M $3,638,773 $2,150,000 72 Condo/Townhome under $600K $438,179 $475,000 61 Condo/Townhome over $600K $825,054 $728,000 62 Santa Cruz County, CA Single Family under $1M $616,742 $639,900 74 Single Family over $1M $2,280,968 $1,650,000 114 Condo/Townhome under $600K $360,498 $334,000 126 Condo/Townhome over $600K $855,100 $750,000 106 Monterey County, CA Single Family under $1M $521,211 $460,000 78 Single Fami...