Special offer

MARKET STATISTICS - FREMONT, CA 12-29-11

By
Real Estate Agent with The Medford Real Estate Team DRE#01223788

 

Market Statistics – Fremont, Ca. 12-29-11

 

Year End! Happy New Year to all. I wish that all of you enjoy a wonderful 2012. With a Presidential Election and a London Olympics the year will be an interesting one. What about Fremont, Ca. real estate?

 

 

 Market Statistics

Well, we expect inventory to be at a low level during the holiday season and our figures bear this expectation out. But…the trend has been down for inventory for several months. What to make of that? Well, one thing for sure – it is not the buyers’ market that so many people believe is happening. Experience has shown us that Fremont continues to be attractive to home buyers. If one buyer finds an attractive home, others find it, too. Often, multiple offers follow and the house sells for more than the asking price. It does not matter if the home is an equity sale, an REO or – my goodness! – a short sale. Well located, well priced homes are selling strongly.

 

My belief is that we will continue to see a similar, slowly improving, market through the coming year. Interest rates are at historic lows. Prices are attractive. Every survey taken shows that most people, given the choice and the opportunity, would rather own than rent.

 

Check out what Fremont real estate has to offer and don’t miss out on the house that would be the right one for you.

 

Comments (3)

Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

John -  Good, local real estate market report.  It's always good to see what is going on in other areas of California.  Thanks for sharing this timely information.

Dec 29, 2011 04:41 PM
Broker Patty Da Silva Da Silva
Green Realty Properties® - 954-667-7253 - Cooper City, FL
Top Listing Broker

Hi John,

 

Great job on the market report - I hope your New Year is a happy one!!

Dec 30, 2011 04:55 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

John, Isn't it odd that the perception of so many is that we are in a Buyer's market.  I'm reading reports of low inventory across the nation.  Happy New Year!

Dec 31, 2011 12:32 PM