Fremont Real Estate Blog

message from the assessor's office: This is a reminder that  the 2nd installment of the 2022-2023 Secured Property Tax is due on Wednesday, February 1, 2023 and becomes delinquent after Monday, April 10, 2023. After which a 10% delinquent penalty and $10 cost will be assessed. You can get information about your property tax including payment status, submitting a payment by eCheck or credit card or get answers to Frequently Asked Questions at the Alameda County  Tax Collector's Web Page  or by phone at (510) 272-6800.  Mail Early ! Penalty is charged on all late postmarks. We encourage everyone to pay the property taxes safely using the following non-contact options: Mail in your check, postmarked on or before April 10, 2023 Pay online either by eCheck (free of charge) or credit card with a small convenience fee of 2.5% -  Tax Payment Web Page Pay on the phone with a credit card using the automated system at (510) 272-6800 by selecting option 1 after the greeting and following t

There have been some big changes in the last few years, and the assessor's office is holding free clinics to help you with your questions.  Free Legal Clinic to Help Answer Questions: The Property Transfer Clinic (PTC) is here to help! The PTC is a free legal clinic available to assist property/business owners and constituents on the third Friday of each month. I continue to work with the Alameda County Law Library, the Alameda County Bar Association, Legal Access Alameda, and the Alameda County Library to maintain this clinic and to make it available for Alameda County residents, who do not have access to an attorney. The upcoming PTC is on Friday, February 17 th . Sign up  HERE !  As always, we remain committed to serving the residents of Alameda County.   Sincerely, Phong La Alameda County Assessor -- Sunil Sethi  /  REALTOR,  Broker, MBA www.sunilsethi.com BRE #01173766                              

Interest Rates are up but in the range of where they were in 2003 to 2007. That was a strong real estate market, the difference is that we are heading into a forced recession in 2023 whereas 2003 started the post dot-com bubble recovery. Two very different environments. Pending Home Sales are down in Fremont, Newark and Union Cities but that can be blamed on fewer homes to available to but also lower demand from higher rates, fear of job losses, and inflation. Pending Home Sales In Fremont Pending Home Sales In Newark Pending Home Sales In Union city The Median Sales Price is Down. Case-Schiller is predicting home pricing could drop back to pre-covid levels. That's possible but they are also saying their is a large imbalance in supply of homes, so we may have some downward pressure caused by the forced recession to combat inflation, but the long term indicates further price improvement until the supply side of the equation is solved. Chart of Median Sales Price: Fremont Chart of