Fremont Real Estate Blog

Lighting; The Quick and Dirty Guide As of January 1st, 2014, incandescent lights are no longer available due to updated federal efficiency standards. Fortunately, there are many energy efficient options including compact fluorescents (CFLs), LEDs and halogen bulbs. Here's what to look for: 1) Color Temperature - Fluorescent light aren't always cold and blue. Look for 2700 - 3000K for a nice warm, soft white and up to 6500K for a bright, cooler white. Check the EnergyStar  website to see some examples . 2) Brightness - Lumens is the measure for light output (wattage measures energy used). Roughly, 450 lumens = 40W incandescent output with 2600 lumens = 150 W bulb on the high side. For more information, check out these tips from our friends at the Alliance to Save Energy   - 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 |

From DS News Bill Seeks to Extend Federal Tax Exemption for Forgiven Mortgage Debt Congressman Bill Foster of Illinois introduced legislation on Tuesday that would extend the mortgage debt tax exemption that's been in place since 2007 for another two years. The Mortgage Debt Relief Act of 2007 gives tax-exempt status to debt that is reduced or cancelled through a loan modification or forgiven through a foreclosure or short sale. This tax relief, however, expired on December 31, 2013. » 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  

No surprise when I read this:   From DS News Shadow Inventory Lowest Since August 2008 The industry's shadow inventory of homes with mortgages 90 or more days delinquent, in foreclosure, or held as REO by mortgage servicers but not currently listed for sale stood at 1.7 million as of October 2013, according to CoreLogic. The supply of homes hidden in the shadows carries a value of $256 billion and is at its lowest level since August 2008. Shadow inventory has decreased at an average monthly rate of 46,000 units 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" . Want to know if you qualify for any special loan programs. Check out CAR's Mortgage Directory    Love Us o

  Read Our Newsletter     Financial Calculators     Tax Center     Free Reports     Contact Us Featured Articles For January 2014   Tax Changes for 2014: A Checklist Welcome 2014! As the new year rolls around, it's always a sure bet that there will be changes to the current tax law and 2014 is no different. From health savings accounts to retirement contributions, here's a checklist of tax changes to help you plan the year ahead. Ensuring Financial Success for Your Business As a business owner, you're faced with a dizzying number of decisions on a daily basis, many of which have a lasting impact on the fiscal health of your company. In this article, you'll learn about the accounting method that helps you discover the true value of all your business functions--and how to use this information for smarter decision making. How to Get Paid on Time Are you having trouble getting your clients to pay their fees? You're not alone. The economy is still struggling, and everyon

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 December 28, 2013   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 $500,735 $498,000 67  / 74 Single Family over $1M $2,211,143 $1,680,000 127  / 71 Condo/Townhome under $600K $374,579 $368,888 65  / 74 Condo/Townhome over $600K $767,768 $698,000 50  / 50 San Mateo County, CA Single Family under $1M $683,367 $675,000 61  / 24 Single Family over $1M $4,857,730 $2,300,000 119  / 23 Condo/Townhome under $600K $434,176 $437,750 59  / 18 Condo/Townhome over $600K $1,053,976 $832,650 81  / 9 Santa Clara County, CA Single Family under $1M $670,880 $649,950 65  / 27 Single Family over $1M $2,838,581 $1,995,000 97  / 32 Condo/Townhome under $600K $390,761 $375,000 77  / 51 Condo