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?
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)Subscribe to CommentsComment