Fremont Real Estate Blog

The City of Fremont respectfully notifies your local realty agencies about the upcoming vacant lots for sale.  Two lots located at 3985 Haven Blvd. and 3978 Haven Blvd. will be held at an auction on August 9, 2013 at the City of Fremont Finance Department.  Minimum bid per parcel starts at $225,000 each.    Additional information is available on our website by clicking the link below.  Thank you for your time and feel free to contact the real property department if you have any questions.      http://www.fremont.gov/index.aspx?nid=386   Regards, City of Fremont, Public Works Real Property 39550 Liberty Street Fremont, CA 94537-5006

These will be fun! Check them out.   -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 877 437 9877   sunil@sunilsethi.com www.sunilsethi.com    CA DRE#: 01173766    To access most updated listings on MLS from your phone, Download my FREE app from "My Mobile App" . Open House Directory

From DS News   Report: Rent Growth Picks Up in Q2 Over the last year, rents for new leases grew at an annual pace of 3.1 percent following a slowdown in the previous quarter. In the first quarter of this year, annual rents were up by just 2.6 percent, marking the weakest growth since late 2010, according to MPF Research. At the same time, the national apartment occupancy rate also moved higher, increasing to 95.3 percent from 94.9 percent in previous quarter. » 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" .    Love Us on Yelp!      Like Us on Facebook  

More from DS News Asking Home Prices Show Impressive Gain in June, Rents Pick Up Asking home prices took off in June, soaring 10.7 percent year-over-year, Trulia reported Wednesday. Month-over-month, asking prices inched up by 1.5 percent and rose 4.1 percent on a quarterly basis. Rents rose at a slower pace of 2.8 percent year-over-year, though it was still the biggest increase since January. Trulia also tracked the 100 largest metro areas and revealed 99 markets experienced an increase in asking prices over the last year. » 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" .    Love Us on Yelp!      Like Us on Facebook  

Of course, they’re still way below the long-term average for the 30 year rate. I paid 8% on my 1 st 30 year loan.   From DS News Fixed Rates Skyrocket in Response to Fed Remarks According to Freddie Mac's Primary Mortgage Market Survey, the average 30-year fixed-rate mortgage (FRM) rose to 4.46 percent (0.8 point) for the week ending June 27, an increase from only 3.93 percent last week and the highest figure since the week of July 28, 2011. The weekly increase is the largest since April 1987. The 15-year FRM this week averaged 3.50 percent (0.8 point), up from 3.04 percent the previous week. While the massive rate hike will certainly dampen some housing activity, Nothaft noted the effect "will be muted by the high level of buyer affordability, and home sales should remain strong." » 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 |...

From DS News Senators Introduce Bill to Replace GSEs in 5 Years A bipartisan group of senators introduced on Tuesday legislation to replace Fannie Mae and Freddie Mac with a newly created agency. Citing the overwhelming presence of the GSEs in today's mortgage marketplace, Sens. Bob Corker and Mark Warner unveiled a new piece of legislation designed to wind down the enterprises and rebuild the private mortgage sector. The legislation would dissolve Fannie Mae and Freddie Mac within five years of passage and transfer appropriate utility duties and functions to a "different, modernized and streamlined agency." » 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" . ...

Go figure, an unscrupulous government agency.       In recent weeks, Fannie Mae executive James Tiegen was fired while the company is currently under investigation for soliciting illegal payments from real estate brokers. Tiegen, who headed the Irvine office of Fannie Mae, was reportedly laid off due to "performance issues", but his involvement in the investigation is still unknown. As mentioned in the article " Did Your Pocket get Picket by a Fannie Mae Employee " posted earlier this month on RE-Insider, the instigation began only a couple months ago, when former Fannie Mae foreclosure specialist Armando Granillo was arrested in L.A. for enticing an illegal kickback from an Arizona real estate broker. In exchange for a foreclosure listing, Granillo expected to receive a kickback of $11,200, a practice that is highly illegal. Granillo is due to face trial this August. Click here to read more. - S unil Sethi SUNIL SETHI REAL ESTATE Helping Families Find Homes with ...