http://thecapstoneteam.com (510) 432-0617 - Derick Drumm of the Capstone Team at Keller Williams - Two Names You Can Trust - Walks you through market data for the Tri-City area in California. The Tri-City area consists of Fremont, Newark and Union City in CA.
Many people we talk to are only getting their information from the news. As you are aware, listening to the news will give anyone a dismal picture of the Real Estate market. In actuality, in our market of Fremont, Union City and Newark CA, the data shows that the market consists of approximately 2/3rds or 66% of Equity sales. These are the sales that are also known as Traditional Real Estate Sales.
In the last year, we have seen a market shift away from being dominated by distressed sales (bank owned, REO's or Foreclosures and Short Sales) to one dominated by Equity sales (or Traditional Real Estate Sales). This is opposite of the picture that the media paints for us on the evening news. As a matter of fact, in our market of Fremont, Union City and Newark, CA, the Real Estate Market is doing well. Prices are low and interest rates are low creating the perfect storm for people that want to move up, investors and buyers.
Don't wait, no one can predict with any accuracy how much longer we will be in this type of marke. Call us today to learn more and get started.
Fremont Real Estate Data
Union City Real Estate Data
Newark Real Estate Data
California Real Estate Data
Is now a good time to buy?
When should I buy?
Short Sale
Foreclosure
REO
Bank Owned
Equity Sale
Traditional Sale
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