Fremont Real Estate Blog

With prices rising and a strong economy, this is what you’d expect.   From DS News   Survey: Delinquency, Foreclosure Inventory Rates Fall to Lowest Levels Since 2007 Both the delinquency rate and the foreclosure inventory rate in Q4 2014 for residential mortgage loans fell to their lowest levels since 2007, according to the Mortgage Bankers Association's National Delinquency Survey released Wednesday. The delinquency rate, which includes loans that are at least one payment past due but not loans in foreclosure, fell to a seasonally-adjusted rate of 5.68 percent in Q4 for all mortgage loans outstanding at the end of the quarter, the lowest level since the third quarter of 2007. »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 a

  "E-NEWS" News From the New Haven Unified School District   *due to technical issues, the E-News was not able to be sent on Tuesday, February 24   District to Hold Community LCAP Meeting Tonight, February 25, Community Invited The Local Control Accountability Plan (LCAP) is a required component of the Local Control Funding Formula provided by the state of California to local school districts. The LCAP plan was written and developed with feedback and input from community stakeholder groups.  The New Haven Unified School District will be holding its second community meeting to solicit feedback and input on the District's LCAP tonight, February 25, at 6:00 pm, at the Holly Community Center.  Spanish translators will be present at both meetings.  Unfortunately, childcare will not be available.    Decoto School for Independent Study Hosts College and Career Fair   Decoto School for Independent Study hosted it's 2nd annual College & Career Fair on Wednesday, February 1

Another sign  that things are getting better. Banks are laying those hired to service those not doing well.   From DS News Bank of America Further Reduces Size of Delinquent Mortgage Loan Division As the size of Bank of America's delinquent loans portfolio is shrinking, so is the megabank's workforce – late last week, the bank announced that it was laying off 250 employees from its delinquent mortgage loan division in its headquarters city of Charlotte, North Carolina. »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 nominate Greenspan, for allowing this mess to occur under his watch, and of course my favorite CEO, Angelo R. Mozilo (Countrywide) for producing all those crappy     From DS News   Report: DOJ Pushing to Charge Individuals for Roles in Mortgage Meltdown Attorney General Eric Holder has given U.S. attorneys across the country 90 days to judge whether or not they want to bring cases against specific individuals for their alleged roles in 2008's mortgage crisis, according to reports. Click here for 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    

From DS News   Zillow Gets FTC Approval For Trulia Acquisition, Plans to Close by February 17 Zillow announced Friday that it expects to close the acquisition of Trulia by February 17, following the announcement of the conclusion of a Federal Trade Commission investigation. The company first announced its intention to acquire Trulia in July 2014 for $3.5 billion. »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 January 28, 2015   Average List Price for active listings Median List Price for active listings Average DOM: active/sold Alameda County, CA Single Family under $1M $572,845 $585,000 54 Single Family over $1M $2,006,018 $1,553,665 88 Condo/Townhome under $600K $378,227 $375,000 49 Condo/Townhome over $600K $720,132 $695,000 49 San Mateo County, CA Single Family under $1M $749,993 $749,000 54  / 17 Single Family over $1M $3,745,385 $1,910,000 112  / 55 Condo/Townhome under $600K $418,039 $419,000 40  / 21 Condo/Townhome over $600K $1,049,047 $749,999 76  / 15 Santa Clara County, CA Single Family under $1M $691,429 $690,000 47  / 32 Single Family over $1M $2,918,393 $1,950,000 88  / 27 Condo/Townhome under $600K $409,647 $399,000 43  / 45 Condo/Townhome over $600K $792,868 $739,000 20  / 44 Sant