Fremont Ranked as Best City to Buy a Family Home

Are you looking for the perfect family home, but don’t know where to start?

How about our listing at 34203 Oneil Terrace in Fremont?

Recently SmartAsset released their third annual “Best Cities to Buy a Family Home – 2019 Edition”. Can you guess where Fremont ranked? Drumroll please…Fremont topped the list as #1! With home value increasing by 47% over 5 years and 88% of homes having at least two bedrooms, it’s the perfect location to find a large enough family home. Also, Fremont has a 37% five-year rent increase, which was the third-highest in the study.

To come to this conclusion, SmartAsset analyzed 6 metrics including 5-year change in median home values, 5-year change in median rent costs, average effective property tax rate, percentage of homes with at least two bedrooms, median housing cost as a percentage of median income, percentage of homeowners who are housing-cost burdened. You can find out about their data and methodology here.

We just so happen to have the perfect home for sale in Fremont right now! 34203 Oneil Terrace, Fremont.

34203 Oneil Terrace, Fremont

Beautifully updated in popular Ardenwood neighborhood within walking distance to elementary school and proximity to major commuter corridors and outdoor activities including Ardenwood Historic Farm, Coyote Hills, and Mission Peak. Open concept floor plan with lots of natural light. Spacious Living and Dining Room with soaring ceiling, open stairway, and striking glass block wall.

Kitchen

Kitchen features stainless steel appliances, granite counter tops, and Breakfast Nook. Adjacent Family Room with fireplace and slider to Backyard. Upstairs, Master Bedroom and updated Bath with large stall shower, soaking tub with jets, heated towel rack, and walk-in closet. Three additional comfortably sized Bedrooms share full Hallway Bath with tub/shower combination. New interior paint, new carpet, durable laminate flooring, recessed lighting, and ceiling fans. Fenced Backyard offers covered, raised deck with benches and newer hardscape. Full size Garage with laundry area, storage cabinets, and epoxy flooring. Ample guest parking. Low monthly HOA dues of $35.

Backyard

For more details and photos of our listing, click here.

For the full SmartAsset article, click here.

Fremont is a wonderful place to live!

To find out more about Fremont schools, click here.

Marketing and selling high-end Luxury Homes in the Tri Valley is what we do best, but on this real estate journey, it’s all about the people we meet on the way, connecting them to each other and the places they call HOME.

We’re on track to grow until 2019!

5 awesome facts impacting California’s housing future

Brena Swanson | Housing Wire | August 7, 2014 | link

san fran houses
 

Next year is projected to be the best year yet for the economy since the start of the recovery, with California’s state economy lining up to do better than the nation. And this positive trend is expected to continue for the next two years, a new report from Beacon Economics said.

But HousingWire isn’t happy to stop with just that. Click the next page to see five awesome facts on the future of California’s housing.

First, here are the results of the Beacon report:

California’s economy will continue to steadily improve throughout the life of the state forecast in 2019. Employment growth is expected to settle in at 2.5% by 2016, and the state’s unemployment rate is forecast to drop below 6% by mid 2017 – about half of what it was at its peak in October 2010 (12.4%).

“Every metropolitan area in California has now returned to job growth,” says Jordan Levine, Beacon Economics’ director of economics. “Although the jobs and broader economic recovery has been more robust in some areas of the state than in others, the overall numbers are indicative of real, sustained improvement statewide.”

Read more…

Freddie Mac paying us back…

Second Largest Profit Ever for Freddie Mac

Jann Swanson | Mortgage News Daily | Aug 7 2013 | link

Freddie Mac has again reported strong quarterly financial results with net income in the second quarter of 2013 coming in at $5.0 billion, $0.6 billion more than one year earlier. This was the seventh consecutive quarter the company, operating under federal conservatorship, has showed a profit and it was the second largest profit in the company’s history.

Net comprehensive income was down from its record first quarter total of $7.0 billion to $4.4 billion. The change was due entirely to a $3 billion drop in Comprehensive Income from $2.4 billion in the first quarter to ($0.6) billion in the second. The company said the decrease primarily reflects changes in the fair values on the company’s non-agency available-for-sale (AFS) securities which fluctuate considerably from quarter to quarter due to market conditions.

Based on its net worth of $7.4 billion at the end of the quarter, the company will pay a dividend of $4.4 billion to the U.S. Treasury. This will bring the aggegate total of dividends paid to Treasury to $41 billion, none of which may be used to retire Freddie Mac’s outstanding obligation to Treasury of $72.3 billion. The company will not require an additional Treasury draw this quarter.

Freddie Mac’s Investments segment earned $3.3 billion in the second quarter compared to $2.8 billion in the first with the increase coming primarily from higher derivative gains. The Single-Family Guarantee segment earned $1.3 billion compared to $1.2 billion with the change attributable to higher REO operations income and higher benefit for credit losses. Earnings from the Multifamily segment fell from $585 million in the first quarter to $393 million in the second because of higher losses on mortgage loans recorded at fair value due to spread widening. Read more…