Fremont Real Estate Blog

These are your best options to buy today in the tri-cities area:   Priced Under $400k Click Here to View Listings   Priced Between $400k up to $600k Click Here to View Listings   Priced Between $600k up to $800k Click Here to View Listings   Priced Between $800k up to $1M Click Here to View Listings     Let me know which ones you are interested in getting more information about and to schedule a showing.     - S unil 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    

    - S unil 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    

Unfortunately for buyers the shortage in supply and high demand from buyers is causing prices to rise. Yesterday we got the news that a townhome that was asking $550k went pending for $618k with no contingencies. This is more than 10% higher than what it would have sold for last year.   More from DS News 2014 Home Sales Depend on Strong Job Market Freddie Mac released its latest Economic and Housing Market Outlook, expecting home sales to grow along with wages this year, despite a still-tough job market in most sectors. Freddie is projecting a 3 percent rise in home sales and a 20 percent rise in new home construction in 2014, which the agency expects to level out to a 5 percent overall growth. »READ MORE     - S unil 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, Dow

We’re seeing fewer and fewer distressed as the housing market continues to recovery and reach new highs. Check out the information from Property Radar https://www.propertyradar.com/reports/real-property-report-california-february-2014     - S unil 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  

I have been saying that the economy is strong and the numbers keep proving it.   From Bank of America March 12, 2014 Last Week in Review For the first time in several months, the number of job creations came in above expectations. Read on for details.  Table Source: Vantage Production, LLC Despite the harsh winter weather, 175,000 jobs were created in February. This was above the 163,000 expected, and the largest gain in three months. In addition, there were revisions to the numbers for December and January, adding 25,000 more job creations than were previously reported. The unemployment rate ticked up to 6.7 percent from 6.6 percent, while the labor force participation rate (LFPR) remained at 63.0 percent. The LFPR measures the proportion of working-age Americans who have a job or are looking for one, and it should be moving higher in a recovery. Overall, this report was a positive sign for the labor market, but more and consistent improvement is still needed. In other news to note, r

Don’t understand why they can’t modify what they have vs. rebuilding from scratch.   From DS News Plans to Wind Down Fannie and Freddie Move Forward Committee chairman Tim Johnson (D-South Dakota) and ranking member Mike Crapo (R-Idaho) of the Senate Banking Committee announced Tuesday plans to move forward on a new proposal to wind down Fannie Mae and Freddie Mac in favor of a new government backstop for private financiers. »READ MORE   - S unil 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  

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 February 25, 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 $530,296 $525,000 45  / 69 Single Family over $1M $1,987,653 $1,488,800 81  / 78 Condo/Townhome under $600K $383,176 $379,598 46  / 75 Condo/Townhome over $600K $758,054 $689,000 46  / 85 San Mateo County, CA Single Family under $1M $708,788 $699,000 32  / 8 Single Family over $1M $4,224,712 $2,100,000 65  / 37 Condo/Townhome under $600K $434,186 $437,000 37  / 14 Condo/Townhome over $600K $890,307 $799,000 35  / 6 Santa Clara County, CA Single Family under $1M $686,791 $679,985 39  / 13 Single Family over $1M $2,835,349 $1,898,000 64  / 22 Condo/Townhome under $600K $407,517 $399,888 41  / 18 Condo/Town

Well at least another 1/3 of foreclosure inventory is gone.   From DS News Foreclosure Inventory Drops by One-Third, Still Elevated Foreclosure inventory in January was down by one-third over the year, although completed foreclosures ticked up over the month, according to CoreLogic’s National Foreclosure Report released Thursday. Demonstrating an 11.8 percent increase over the month, completed foreclosures totaled 48,000 in January. »READ MORE   - S unil 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