fremont real estate: Yes the Sales Volume Dropped, but Inventory is Still Tight in the East Bay
- 07/06/10 02:14 PM
Last week we all read about the drop in sales, and even May sales dropped around 30%, this is what I experience. I had a Fantastic June - 8 closings, which is the highest production month for me this year. Yes I did see a drop of in visitors to open houses, and I do feel the frenzy did die down some. However when I search for new listings for my buyers and am working with about 15 right now, I don't have a lot of options. Most of what's available has defects that are unacceptable to my buyers (railroads, main … (2 comments)
fremont real estate: 0.5% down will get you this house. - What a stupid idea!
- 09/01/09 04:19 AM
I was reading John Occhui's post The Next Wave of Bad Loans - Option Arms This is not new news; this is a rehash of what has been said about Option ARMS since the beginning. My tag line that I print on my business card and had on my website during the go-go years was, "Friends Don't Let Friends Buy Options ARMS." I once had a booth at the Fremont Art and Wine Festival, with a big poster with my tag-line, and all the mortgage brokers that passed by laughed because they understood what it meant, but they'd loved the money … (0 comments)
fremont real estate: Idiot buyer's being led by agents without sense
- 04/21/09 09:44 AM
Lately every home I bid on has been getting mulitple bids and going over asking. And they're not all REOs, in fact the last two were regular sales in Newark, CA. I bid on a duet in Newark recently and it got 7 offers, and looks to have went over asking, which was $25k over the last closed of the same unit. It's nuts to chase up a house in this environment. Also a entry level detached home in Newark got 33 offers with the high about $50k over asking. Also nuts. Again these were regular transactions. Yes interest rates are … (0 comments)
fremont real estate: Should you buy today or wait for further decreases in home pricing
- 02/25/09 10:39 AM
A client I worked with this last weekend, got me to thinking about how I should look at this problem. It's all going to boil down to what you think will happen with: Your income stream (job security, ability to get another job, if your company decides it needs to downsize, etc.) Mortgage Interest Rates Property Values Obviously, renting is the safer, securer option for you right now, but the benefit of owning is that you fix your housing costs (since a 30 yr mortgage is major component of your home ownership costs, taxes are limited to increasing at 2% (California's … (5 comments)
fremont real estate: Fremont Proposal targets 'monster' homes
- 09/22/08 09:12 AM
Fremont Proposal targets monster homes the city councill will be voting on a ban to developing "monster homes on Tuesday at 7pm at City Hall. Homes with predominantly single story homes will have the chance to block construction of two-story homes adn additions for as long as 7 years. This is a big issue for the Glenmoor and Mission Ranch community, where existing owners want to preserve the look and feel of their neighborhood. … (0 comments)
fremont real estate: San Ramon
- 07/28/08 11:21 PM
The press keeps talking about the excess inventory of homes, but really if your looking for example a 4/2 with min 2000 sqft, there's very few homes worth considering in San Ramon, Pleasanton or Fremont. At best I find 1-3 homes on the market that I would consider having my clients bid on in any week. The remaining homes are next two freeways or major arteries, or a neighborhood that isn't well kept. I was told that 36 Canyon Hills which is in a beautiful gated community received 22 offers. A big part of that was related to it's low ball … (1 comments)
fremont real estate: national night out - 25th anniversary
- 07/16/08 05:43 AM
there are two ways I think realtors can add value to the communities and their profession, both involve helping to improve the attractiveness to homes in a community by reducing crime and by improving the students test scores in standard tests. One easy way to help reduce crime is to organize the annual National Night Out event to help neighbors meet neighbors and organize them to solve issues in the community. for more about NOO go to http://www.nationalnightout.org/nno/about.html … (0 comments)
fremont real estate: Best Dollar Valueper Square Foot per API in Bay Area
- 06/24/08 12:37 PM
For those of you looking for information on homes associated with a school that performs well on the standardized tests you'll find the information below useful. If you are buying a 2000 sqft, detached, 4 bedroom home and want to know where's the best buy on $/sqft/API basis this will help you compare school districts (based on recent closings): Delaine Eastin Elementary in Union City is a bargain compared to other schools, and is centrally located. However, if you need high performing middle and high schools you'll have to consider San Ramon, Pleasanton, Danville, & Fremont's Mission hills areas only. … (0 comments)
fremont real estate: 3300 WOLCOTT CMN, Fremont CA $168,000
- 06/03/08 06:25 AM
2/2 priced at $168,000 in Fremont. I've got a call into the listing agent, but if the price and unit description are correct, this seems like a great deal. 40321606 HOA is $341 I have a feeling this may be a 1 BR Unit. I sold a unit on Albany Common last month which is close by. It was a 2/1 for $290K. This would be a steal at this price even with the higher HOA amount. A 2/2 should rent for $1500-$1700 in this location near the bart. … (0 comments)
fremont real estate: Request for Property tax reassessment because of decline in value
- 06/02/08 11:14 AM
Today's the suggested deadline to submit your request for a reassessment with the Alameda County Assessor's Office, if you think your home is worth less than what they assessed it for. Here's the link to the form. Check with your assessor's office website for their forms. For Alameda county it's: http://www.acgov.org/forms/assessor/2008_2009_informal_request_decline_market_value.pdf To estimate value you can find closed comps through one of the online valuation engines here or call your realtor or mortgage broker: http://sunilsethi.com/yourhomesvalue.htm if you live in Fremont Mission Hills area, Cupertino, most of the Peninsula or most of SF get your hopes up. … (0 comments)
fremont real estate: School will be letting out soon, and the inventory of property should
- 05/27/08 04:33 PM
Schools will start to close after June, and that means family's will be geting their homes ready for sale. I expect the inventory of homes available for sale to rise. Don't give up , keep looking at the new listings, this is the best time to find the perfect home for you.
Fremont Real Estate Blog - learn about the latest news that'll affect your buying and selling experience. I'm a real estate agent that helps buyers interested in homes associated with Great Schools in Fremont, San Ramon, Pleasanton. Learn about neighborhoods, upcoming events, buying advice, selling advice, latest mortgage news, inspection advice and tax news.
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