Fremont Real Estate Blog

 

Market Trends Home prices climb...for now Prices are slowly increasing, but the shadow of a mortgage interest rate increase looms.     - 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  

BAY AREA'S POPULATION GROWS BY MORE THAN 90,000 IN A YEAR     - 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  

Source: DSNews.com According to a survey of college students in the Bay Area, 59.3 percent of respondents could not produce a broad definition of a credit score. LendU conducted the survey and its CEO commented, “Unfortunately, we found that the majority of current college students know very little about building and maintaining consumer credit. Our results are once again startling, disturbing, and showcase the appalling level of financial illiteracy among our country’s brightest minds.” Also, 42.4 percent of respondents could not name even one way to improve a credit score. Nearly half (45.5 percent) of respondents could not identify even one factor used to determine a credit score; 65 percent said they did not have a credit card in their own name; and 72 percent of the respondents who did have a credit card said they did not know their credit score. Read the full story - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools in Fremont, Newark and Union

From CAR   While the number of short sales has declined dramatically, there are still a number out there and those who are doing short sales remain concerned about the tax implications.  Will they be subject to cancellation of debt (COD) income? Unfortunately for California taxpayers the answers are not completely clear and there may be different results under federal and California law. Recourse Debt: A short sale involving recourse debt (generally non-homeowner, investor debt), where the lender agrees to reduce some or all of the outstanding debt, may give rise to income. The amount of the debt that the lender agrees to write off is treated as cancellation of debt (COD) income. This COD income, which is treated as "ordinary income" under certain circumstances, may be subject to taxation. However, a claim of insolvency may provide relief from COD income.  Additionally, there may be capital gains realized. Non-recourse Debt: COD Income, Capital Gains and California Code of

Still cheaper to buy than rent in California - for now   - 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  

5956 Via Lugano, Fremont, CA 94555 Great Starter Home. Better than Renting. Within 10 miles of Facebook! · Built 2012 · 4 Bedrooms / 3.5 Bathrooms · Approximately 1969 sqft of spacious living area · End Unit, Condo, with views of rolling hills & pastures · Triple pane windows in master bedroom · Flooring: upgraded hardwood, carpeting & tile · Attached 2 car garage · Kitchen offers attractive stainless-steel appliances with granite countertops and Island. Upgraded cabinets with pullout drawers · Attractive chandelier in Dining (prewired for ceiling fan), pendant lighting in kitchen, recessed lights throughout · Garage is textured and painted · Professional closet organizer system in Master Bedroom · TV mount to stay, supports 200lb and tilts · Enjoy hikes at nearby Coyote Hills & Don Edwards Regional Park · Close to Farmer’s Mkt, Yum’s Bistro, Bombay Pizza · School: Warwick Elementary/Thornton Jr. High/American High School (buyer to verify availability) · Eas

From DS news Major gains could be in store for home flippers in 2016 in states where REO activity is elevated. 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  

By  Michael Chamberlain Learn more about Michael on NerdWallet’s  Ask an Advisor Estate planning is the process of determining what happens to you and your property when you can no longer make decisions because of incapacity or death. Without a plan, an already difficult situation for your loved ones can be even worse. Not having a plan can delay your medical care if you become incapacitated and make it harder to pass your wealth to your heirs if you pass away. To avoid these issues and protect yourself and your family, here are 10 keys to developing a sound estate plan . Key documents First, make sure to record your wishes with the proper estate-planning documents . To complete these, consult with an estate-planning attorney. Keep the originals in a safe deposit box and copies at home, or keep copies on your computer. Some people have their attorney keep the originals. Following are the four key legal documents you should have in place, plus one you might want to add: An advance healt

- 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 26, 2016   Average List Price 30 Days Trend Median List Price 30 Days Trend Average DOM: active/sold 30 Days Trend Number of Listings Alameda County, CA Single Family under $1M $642,636 4.70% $669,900 11.84% 38 -12 499 Single Family over $1M $1,858,798 -3.10% $1,500,000 0.07% 52 -23 209 Condo/Townhome under $600K $443,716 4.40% $448,888 12.22% 22 -5 132 Condo/Townhome over $600K $773,926 3.85% $738,000 3.94% 21 -11 56 San Mateo County, CA Single Family under $1M $798,711 -1.00% $799,000 -1.36% 28 / 8 -1 / -19 78 Single Family over $1M $4,348,565 -0.61% $2,250,000 1.12% 90 / 11 -18 / 4 222 Condo/Townhome under $600K $508,460 3.81% $525,000 16.93% 29 / 3 1 / -47 17 Condo/Townhome over $600K $979,704 -1.92% $828,000 -2.47% 15 / 8 -38 / 6 42 Santa Clara County, CA Single Family under $1