Fremont Real Estate Blog

Still seeing cash buys but less often.          From DS News Cash Sales Decline; Still Dominate Lower-Priced Homes Home purchases made with cash are on the decline across the country, according to Zillow, but cash sales still make up a significant portion of the lower-priced home market in many areas. Cash sales declined year-over-year in the first quarter in 102 of the 126 metro areas Zillow observes. Zillow chalked up the decline to waning investor demand and a resurgence of traditional buyers in the market. »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  

This one catches me by surprise. From DS News   Survey: Consumers Expect Home Prices to Increase The Federal Reserve Bank of New York released its latest Survey of Consumer Expectations for June 2014. The survey found that consumer's expect home prices to increase in every region except one—the South—where a slight decrease is expected. »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 May 31, 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 $582,058 $589,000 34 Single Family over $1M $1,889,405 $1,499,000 62 Condo/Townhome under $600K $392,560 $389,000 36 Condo/Townhome over $600K $746,806 $699,000 30 San Mateo County, CA Single Family under $1M $742,842 $749,000 36  / 25 Single Family over $1M $3,736,744 $1,998,900 63  / 15 Condo/Townhome under $600K $458,622 $468,000 25  / 12 Condo/Townhome over $600K $943,770 $849,950 41  / 14 Santa Clara County, CA Single Family under $1M $704,652 $698,888 37  / 21 Single Family over $1M $2,691,969 $1,875,000 70  / 13 Condo/Townhome under $600K $431,178 $425,000 33  / 16 Condo/Townhome over $600K $817,173 $6