Fremont, CA Real Estate News

By Jeff Pereyda, Real Estate Agent-Broker Associate, GRI, SRES
(Coldwell Banker)
Since real estate is all about location, location, location, how then does the Rancho Arroyo area of Niles stack up? Your first impression could be how wonderfully the mature trees line the curved streets.  After that first impression, just south east of the center of Niles, Rancho Arroyo Park, Niles Community Park and Quarry Lakes Regional Park you may be struck as to how the parks create a  significant southern perimeter of half the Niles area. To the north boasts Niles Canyon, a beautiful canyon where even golden eagles have been spotted. With such a landscape, it is easy to be taken by Niles' charm and appeal. What's more, Niles' historic back round has always given a certain pride of ownership to its residents. Tributes to Charlie Chaplin's films and the historic Niles train stati...
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
Each year for the last five years we have celebrated the Holiday Season by taking a trip on the Train of Lights. It is not a long trip – only 13 miles round trip from Niles to Sunol – or the other way around – but the distance is not the point. The point is enjoying the hour spent on the train with family, enjoying the lights, seeing the sunset, viewing Mission Peak, sipping a cup of hot cider or hot chocolate and having a visit with Santa. The train goes one way, stops for a few minutes and then returns to the starting point. Passengers do not disembark mid-trip.  If you take the 4:30 train from Niles you can enjoy the sunset, the beautiful fall colors of the foliage and see Mission Peak in the distance. On the return leg of the trip, you can enjoy the lights. If you take the 7:30 trai...
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
There will be no more “Street Eats” in Fremont in 2012 due to the onset of inclement weather. If you though that the sun always shines in California you are mostly right but it does rain from time to time. This evening is supposed to be one of those times. Cold, wet, windy weather is not exactly what brings people out to the parking lot to dine from the food trucks. So…no more “Street Eats” until next year when I am sure that the Fremont Chamber of Commerce will bring them back.   Darn!   No more San Francisco Soup Company, We Sushi, Forbitten City, Grillaz Gone Wild, That’s Sweet Dessert Truck, Conklin’s Catering, Twister Truck, Streatery, My Shrimp Shack and others. We will miss them.
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
Inventory is the problem in Fremont, Ca. real estate. The problem with inventory is that there is none. No…inventory is not low…it is way beyond low…it is close to non-existent. I just checked for single family detached homes, duets and patio villas that are listed on our mls. I do this check twice a month – on the 15th and last day of the month. Today, there are 90 listings on the mls that fit the above description. Now, 90 will seem like a lot in some markets. In Fremont, Ca. the population is approximately 220,000. Fremont is the fourth largest city in the San Francisco Bay Area by population count. So, in a city of this size, 90 houses is next to zero inventory…or, at least as low as it gets. Until next count?   Seriously! Here are the figures for several past years in mid-November:...
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
Beware: the Holiday Robbery Season is Coming!   We had a speaker this morning at my Lions Club meeting who is a Community Relations Office for the Fremont Police Department. She had some great information which we should all embrace all of the time. The information is especially timely with the Holiday Season approaching. Many of us will be burdened with arm-loads of bags or we will have cars full of gifts which could be easy prey for those whose plan is to relieve us of those items unlawfully.   Here are some great pointers from the Fremont Police that are appropriate for everyone.   REMOVE IT, LOCK IT or LOSE IT!   Remove all valuables from your vehicle (phone, wallet, purse, laptop, camera, packages) – including GPS devices, cell phones, IPODs, IPADS, and chargers. This is appropriat...
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
  Inventory continues to decline in Fremont, Ca. The end of 2011 saw relatively few houses on the market but since demand was slack it did not matter. The market was more or less in balance.   In March the Fremont market turned around. Buyers decided to buy but inventory was even lower than at the end of the year. Since then inventory has continued to be very low and has been getting lower. At the same time, demand by buyers has remained strong. The result: multiple offers and rising prices in the Fremont real estate market.        Fremont buyers are frustrated and understandably so. The real estate market is very challenging for Fremont buyers. Cash is king! VA and FHA buyers are hard pressed to be successful. Low ball offers garner sneers and derision. Buyers are leaving the market in...
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By Jeff Pereyda, Real Estate Agent-Broker Associate, GRI, SRES
(Coldwell Banker)
Image of new Cedarbrook kitchen in Niles I sold. The numbers do not lie, and they have been in for some time. The numbers prove that when it comes time for a home seller to decide whether or not to remodel the house or sell the property "as is," that a minor kitchen remodel is the number one investment to make before reselling a house in the San Francisco Bay Area. It scored almost 116% recoup. That's a good thing. Interestingly, a major kitchen remodel did not fare as well in the recoup group as one might think. It scored a 94%, so less really is more. An excerpt from the report defined the minor kitchen remodel as:     A functional kitchen about 200 sq ft with 30 ft linear ft of cabinets.    Keeping the cabinet boxes and replacing the fronts with the new raised-panel wood doors and t...
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
  Tonight is Fremont Street Eats night. Once again, at the Mission Valley Regional Occupation Program parking lot at 5019 Stevenson Blvd. from 4:30 to 9:00 you will be able to partake of a variety of tasty dinner selections from an assortment of food trucks. Presented by the Food Truck Mafia and Fremont Chamber of Commerce, Street Eats give you a chance to sample some diverse food offerings from a variety of venders.   Tonight’s lineup:   Pizza Pimps – gourmet pizza Truckin Sweet – gourmet ice cream and dessert Grillaz Gone Wild – Philly cheese steaks, hoagies and other gourmet sandwiches Tacos de Los Altos – authentic Mexican cuisine Bibigo – Korean BBQ Kinder’s Truck – BBQ sandwiches Mogo – Korean inspired mobile food Munch Indian – Indian cuisine                                     ...
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By Sean A. Beattie, Professional approach with positive results!!!
(Starnberg Realty)
RE REALTY EXPERTS, The San Francisco Bay Area Real Estate Resource If you are in the market to Find a Home or Sell a Home in the San Francisco Bay Area, or if you would like to know How Much Your Home Is Worth,  RE REALTY EXPERTS The San Francisco Bay Area Real Estate Resource is here to help. RE REALTY EXPERTS was founded in 1995 and since then has rapidly grown into one of the premier real estate resource companies in the San Francisco Bay Area.  RE REALTY EXPERTS is staffed with approximately 100 of the most experienced, multilingual, award winning real estate agents from around the San Francisco Bay Area.  Conveniently located at 41051 Mission Boulevard Fremont, Ca  RE REALTY EXPERTS The San Francisco Bay Area Real Estate Resource is open 7 days a week.  Office hours are as follow: ...
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
Market statistics for August 31, 2012 in Fremont, Ca.   I have supplied three charts showing the inventory of single family homes and condo/townhouses that are were posted for sale as of the end of January, end of July and end of August of this year in Fremont, Ca. In Fremont, as in many places in the San Francisco Bay Area and elsewhere, the inventory of houses for sale is unusually small. Real estate is cyclical and we have changed from a real estate market where there were plenty of homes for sale and not that many interested buyers to a market where eager buyers are pursuing a sharply reduced number of real estate buying opportunities. We don’t understand the reasons that there are so few houses for sale. We do know that lenders are releasing fewer REO properties onto the market. At...
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By Jeff Pereyda, Real Estate Agent-Broker Associate, GRI, SRES
(Coldwell Banker)
Unknown breed of duck purchased on Portobello Road, West London Last Sunday, we packed up the kids and headed off to the Niles area of Fremont for their city-wide garage sale or street sale. Arriving at about noon and driving ever so gently through First, Second and Third Street in the car and eyeing all that was to be had was fascinating for me but only for a little while. While I was indeed saucer-eyed looking through the car window at some of the potential deals, I quickly realized there was no way to actually buy anything from the car. I felt a little lame actually. What was I going to do--stop the car? I can see it now. Car stopped, and me getting out with the typical half skip and a jog with my arms tucked up high towards some box full of fishing tackle for sale. Then, I give the...
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By Jeff Pereyda, Real Estate Agent-Broker Associate, GRI, SRES
(Coldwell Banker)
My job broke my heart the other day. In short, I had to tell a very qualified would-be renter that they did not get the home for rent in Fremont. We do property management in the TriCity area as well. http://tricityhome.com/Fremont-Newark-Union-City/Tri-City-Property-Management/index.html    So, because of this, I felt the need to see if other Fremont real estate agents could use this template and idea I made as a result. Why not urge renters to set up notifiers using real-time MLS data.     It goes something like this... __________________   Dear [name of renter]   Thank you for inquiring about the rental on 123 Anystreet. It is now rented as of yesterday afternoon. I know it is hard to hear the news. It is also hard to deliver the news all the time, but I have something for you that ...
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
Here is my market update for the Fremont, Ca. real estate market for 7-31-12. As seen in the charts below, the inventory remains constrained although listings of single family detached homes have increased somewhat over the last sixty days. Listings for condos and townhouses remain scarce. The decline in the absolute numbers of REOs and short sales has continued. These distressed property categories now make up a substantially smaller percentage of the total listings then they did at the beginning of the year. As banks have made the belated realization that short sales are better for them than REOs the short sale inventory has become a much larger part of the overall market than REOs. Total inventory of real estate for sale in Fremont remains tight. The result continues to be a scenario...
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By Jeff Pereyda, Real Estate Agent-Broker Associate, GRI, SRES
(Coldwell Banker)
  Wenlock (Mandeville not shown) is pictured above in Union Jack suit The 2012 Summer Olympics will be in London, and even though I still have not had the pleasure to compete in nor attend,  I have had the privilege of being glued to the television from as far back as 1972, when Mark Spitz and Dave Wottle stole the show in Munich, all the way up to more recent Olympic history when Michael Phelps brought home gold from Beijing in 2008. The 2012 Olympics in London is starting in just 6 days, and I think watching it on TV still grants us license to be a part of history as we sit up and say, "I saw that when it happened."   We would also like to congratulate our local Fremont and Pleasanton east bay area residents who will be participating in a much more real sense by carrying the torch. Th...
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By Jeff Pereyda, Real Estate Agent-Broker Associate, GRI, SRES
(Coldwell Banker)
The red-tailed hawk is found all through the United States, Canada, Mexico and even in Central America.  Growing up in the San Francisco Bay Area, I have had the pleasure of living in what has to be one of the red-tailed hawk's favorite places to live and raise their young, Fremont, CA. Fremont's terrain encompasses wetlands that begin at the sloughs like Newark Slough, Plummer Slough, Mowry Slough and Mud Slough, then gradually lifts to become landscape for creeks like Alameda, Morrison, Vargas and Mission and approximately 7 others to the south. It is a great environment for mice, gophers, snakes, rabbits and many other types of prey. If you have ever heard a distinct screech in the sky in early July, you may be the hearing young red-tailed hawks having a go at producing the bona fid...
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By Jeff Pereyda, Real Estate Agent-Broker Associate, GRI, SRES
(Coldwell Banker)
I meet with a lot of people who want to buy Fremont, Newark, Union City homes. They sometimes tell me that they are receiving emails from another real estate agent that contain links to homes for sale. If they are not already subscribed to receive notifications, I will try to subscribe them to one. They call these emails listing notifications. Fremont listing notifications are emails usually sent by real estate agents that contain links to one or more homes for sale in Fremont or another city that they are interested in. It's not only agents sending out these notifications of homes for sale in Fremont, but home buyers themselves sign up for these notifications so they themselves do not have to chain themselves to the computer searching for homes. In fact, I myself, a real estate agent ...
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By Jeff Pereyda, Real Estate Agent-Broker Associate, GRI, SRES
(Coldwell Banker)
  When a Fremont real estate agent http://www.tricityhome.com/Fremont-Newark-Union-City/index.html sells homes in Fremont, Newark and Union City, that Fremont real estate agent must also trust a lot of new technology to work together at critical moments. Most of the time technology cooperates, but sometimes it does not. Bay East Association of Realtors, had a mandatory Supra Lock Box update a few years ago which granted Fremont real estate agents the opportunity to trade in the old, grey key lock box’s technology for the new, blue technology. The new locks worked well and offered infra-red connectivity, a way for some Fremont real estate agents who sell homes in Fremont to downloaded an app, connect directly to the lock box to open the box and receive data straight to their smart phone...
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
The food trucks are back in Fremont, Ca. for Fremont Street Eats. Head over to the Mission Valley Regional Occupation program parking lot at the corner of Stevenson and Blacow any time between 4:30 and 9:00 this evening and let the catering trucks provide gourmet food on wheels. The Lineup Rice Rockit Tacos de los Altos Rodericks BBQ Truckin Sweet Pizza Pimps That’s Sweet Dessert Truck Grillaz gone Wild My Shrimp Shack Blast Off BibiGO Bring your appetite!
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
Market Report: Fremont, Ca. 6-1-12 The big story in Fremont, Ca. real estate is about lack of inventory. Everywhere we hear the same complaint – there are not enough houses for sale. At the same time, buyer demand is strong. The result is that almost every well priced, attractive Fremont home – and many that are not – are receiving multiple offers, often settling above the list price. Look at what has happened in the last four months in the Fremont real estate market.     The inventory of detached homes has declined by 33%. Detached REO listings have declined by 69%. Detached short sales have also declined by 69%.   The inventory of condos and townhouses has declined by 61%. REO listings in this category have declined by 82% and short sale listings have declined by 75%   What do these f...
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By John Juarez, ePRO, SRES, GRI, PMN
(The Medford Real Estate Team)
  The Fremont Police Department has unveiled their new website.  Supposedly, it come complete with easier navigation, custom communications and a user-friendly design. Check it out at http://www.fremontpolice.org/                                  
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