Fremont Real Estate Blog

I see very few homes for sale where my buyers normally buy. West of Union city blvd associated with Delaine Eastin Elementary Fremont's Ardenwood , Parkmont , Glenmoor , and Mission San Jose Neighborhoods Why - my hypothesis is sellers are holding off listing because they're waiting for pricing to improve, secondly there was also a moratorium placed on foreclosures in Nov 2008. Where approaching the time of the year when most transactions take place Mar - July. I expect those who've been waiting to start coming out and those foreclosures that had been delayed by the moratorium, will be coming back with a force soon. You can't prevent the inevitable. If a person can't make the payments, then eventually it gets foreclosed. Sunil

After an exhaustive review of the research literature here is the final word on nutrition and health: 1.   Those in Japan eat very little fat and suffer fewer heart attacks than us.  2.   Those in Mexico eat a lot of fat and suffer fewer heart attacks than us.  3.   Those in China drink very little red wine and suffer fewer heart attacks than us.  4.   Those in Italy drink excessive amounts of red wine and suffer fewer heart attacks than us.  5.   Those in Germany drink beer and eat lots of sausages and fats and suffer fewer heart attacks than us.  CONCLUSION:  Eat and drink whatever the heck you like. Speaking English is apparently what kills you.     Sunil Sethi Fremont Realtor, Mortgage Broker Main (510 793-8600 Cell   (510) 388-2436 Fax   (510) 431-9046   sunil@sunilsethi.com www.sunilsethi.com  

Great Idea. I hope the Governor, follows your suggestion. Why should the legislature get paid for not doing it's job. Sunil Sethi Realtor, Fremont, Pleasanton, San Ramon, Union City real estate Specialist Show and Sell Realty http://www.sunilsethi.com/ -----Original Message----- Sent: Wednesday, January 21, 2009 10:13 AM Subject: New Haven News Release: Suspend State Legislature's Pay SCHOOL BOARD ASKS GOVERNOR TO REQUEST SUSPENSION OF PAY FOR LEGISLATORS UNION CITY (Wednesday, Jan. 21, 2009) - With the state of California once again considering massive cuts to public education, the Board of Education on Tuesday night called on Governor Schwarzenegger to set in motion actions to keep legislators from getting paid when - as has become routine - they miss their annual deadline for passing the state budget. The five-member governing board of the New Haven Unified School District, by a unanimous vote, passed a resolution calling for the California Citizens Compensation Commission ...

CAR posted the following Green tip, C.A.R. GREEN TIP OF THE WEEK: PLASTIC LININGS IN CANSBisphenol-A, the hormone-disrupting chemical found in plastic bottles, is present in the majority of canned foods. The thin plastic lining found in canned goods contains traces of BPA that can migrate into food. One way to avoid BPA-lined cans is to purchase foods packaged in Tetra Paks, aseptic cartons made from layers of paper, aluminum, and polyethylene. I'd recommend a simpler solution - DON'T EAT CANNED FOOD. Choose the obvious solutions, be Green and be Health Conscious.

This last week I've written 4 offers and take one new listing. One home we bid on got 20 offers, another 7. Both of these were REOs selling for higher than list. Another was a relocation and the 4th a lot loan. It's been a busy week.

I was in a number of meetings today but was watching the numbers annoucements on my blackberry that rates got better today. I don't what made the market move so much. The opening price was about .25 to .375 better than the previous day. At the end of the there were a couple of adjustments higher. Let's see what happens. This is all positive for folks with loans less than $417,000 and LTV's less than 80% however if you don't fall into that bucket it wasn't as interesting yet. Looking forward to learning more on how the new "High Balance Conforming which goes to $625,500 will be priced by the banks, and what the guidelines will be if you want t consolidate two existing seasoned loans with that product.

For the 2009, we know the conforming loan limit is $417,000 and we know that the conforming high balance loan limit for most California counties will be $625,500. However what hasn't been announced yet by Fannie and Freddie is what if any rate adjustments there will be for the high balance conforming loans.  A few banks, speculated and started pricing the high balance conforming loans (like Wells Fargo), but its a gamble on good they can predict Fannie/Freddie's behavior.