Fremont, Newark and Union City Market and Inventory Levels -Week of 4/7/08
April 10th, 2008 by Peter Frumenti | no responses
A resource for community information and homes for sale. Search by city to find schools, neighborhoods, real estate market information and new home listings in Fremont, Newark, Union City, Hayward, Castro Valley and San Leandro, California. 510-770-1475
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Active Single Family Home Listings in
Tri-City (Fremont, Newark, Union City) as of April 2nd 2008: 825 (up 36 from last week) Pending Single Family Home Listings in Tri-City (Fremont, Newark, Union City as of April 2nd 2008: 249 (up 12 from last week)Above are the inventory levels for the Tri City Area. The graph was produced on April 7, 2008. If you would like inventory levels for a specific city please send me an email as I am happy to email these reports out to anyone that is interested.
For more information on this data you can check out the original post that introduced this chart above and explained it by clicking the link below:
http://frumentiteam.com/tri-city-real-estate-market-and-inventory-levels/
As you can see from the graph above the inventory continues to poor on the market as it does every year just before spring and continues until mid-summer. The good news is the increase in the demand as seen by the increase in the number of pending or listings that have recently accepted offers.
Buyers:
The demand is continuing to get stronger and the loans continue to change. Luckily the FHA packages now being offered are excellent for first time buyers. If you have the income but not a lot of money down FHA will do 100% financing. We can help work on your credit and set you up to get into a home this summer. Take advantage of the market and the many foreclosure and bank owned opportunities.
Sellers:
Get your home on the market now! Although the demand is increasing the inventory is climbing faster. Less competition means more money. We can help you get your home ready for sale. Don’t wait to talk to an agent. You need to move quickly to time the market and get top dollar for your home today.
For more information on this article or if you just want to talk about the real estate market send me an email: peter@frumenttieam.com.
To setup a home search, download free reports, get the value of your home as well as other tools visit www.thefrumentiteam.com today.
The Frumenti Real Estate Team is your source for Tri-City area Real Estate news and advice. Call us today at 510-770-1475.
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The Author: Peter Frumenti
About: A Tri-Valley native, Peter comes from a long line of real estate professionals: his grandfather, grandmother, and father have all served in varying capacities in the real estate industry. Formerly a director of sales and marketing in the hospitality industry, Peter has a strong sales and marketing background, which has served him well at both Keller Williams and Century 21. When Peter is not buying or selling homes for his clients, he serves as a board member for the Viola Blythe Center, a non-profit organization that provides social and humanitarian services. He is active in a number of Tri-City community organizations, as well. Peter serves on the agent leadership council for Keller Williams Benchmark Properties and is a member of the National Association of Realtors and the California Association of Realtors.
This entry was posted by Peter Frumenti, on Thursday, April 10th, 2008 at 8:09 am and is filed under Featured, Marketplace. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response on the right, or trackback from your own site.
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East Bay Community Resource by the Frumenti Real Estate Team
A resource for community information and homes for sale. Search by city to find schools, neighborhoods, real estate market information and new home listings in Fremont, Newark, Union City, Hayward, Castro Valley and San Leandro, California. 510-770-1475
