Fremont Real Estate Blog

       

From DS News   Home Flipping Drops to Five-Year Low in Q3 Home flipping sales declined nationwide both quarter-over-quarter and year-over-year, hitting their lowest level since the second quarter of 2009, according to RealtyTrac's Q3 2014 U.S. Home Flipping Report released today. »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    

       

Let your senators and congresspersons know what you care about.       Dear Mr. Sethi:   Thank you for writing me to express your support for extending the mortgage debt relief provisions included in the Mortgage Forgiveness Debt Relief Act.  I appreciate hearing from you and welcome the opportunity to respond.   Please know that like you, I strongly believe the federal government must do more to help distressed homeowners and stabilize the housing market.  I supported the Mortgage Forgiveness Debt Relief Act (Public Law 110-142) when it was passed in 2007.  I also supported the most recent extension of this relief in 2012.  This tax provision allows homeowners to exclude from taxation debt that is forgiven through mortgage restructuring, short sale, or foreclosure.  I have consistently supported this relief because I believe it has stabilized the housing market and helped homeowners who have been most impacted by the housing market crash.    As you may know, this tax relief expi

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 October 28, 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 $570,873 $560,000 48 Single Family over $1M $1,942,031 $1,550,000 74 Condo/Townhome under $600K $388,752 $389,000 48 Condo/Townhome over $600K $721,692 $715,888 43 San Mateo County, CA Single Family under $1M $751,608 $741,000 48  / 17 Single Family over $1M $3,730,166 $2,295,000 95  / 23 Condo/Townhome under $600K $445,414 $459,000 37  / 25 Condo/Townhome over $600K $964,966 $748,847 47  / 22 Santa Clara County, CA Single Family under $1M $695,133 $689,000 50  / 30 Single Family over $1M $2,619,347 $1,800,000 88  / 12 Condo/Townhome under $600K $433,079 $439,000 50  / 16 Condo/Townhome over $600K $828,31