Fremont Real Estate and Beyond

You've probably heard all over the internet and news how hot the Bay Area real estate market has been.  It is.  In 24hrs, I listed this property on the MLS and it just went pending.

The CEO of Redfin interviewed with Kai Ryssdal at Marketplace for their Corner Office podcast.  It was really interesting to see what my alma mater is up to, and even more interesting that they still aren't profitable.

BayEast posted their housing statistics for the month of April.  You can find it here-- https://bayeast.org/community-info/community-info/ Click on the city you want and then "Housing Market Information" followed by "Current Attached" or "Current Detached"

I mentioned earlier about the new rental ordinance that will be in effect in Union City starting May 10th.  The City administrator sent out this update--  The  Ordinance  regulates most residential rental units in the City and: 1.        Requires landlords to provide a specific reason for terminating a lease; 2.        Prohibits landlords from engaging in specific harassment activities;  and 3.        Requires landlords to notify tenants of their rights under the Ordinance in  all  of the following situations:   o     Within 60 days  of the Ordinance effective date ( May 10, 2017 ) o     When entering into a new lease or rental agreement; o     When renewing a lease or rental agreement;  and o     When issuing a notice of termination Additional information on the  Ordinance ,   including an  FAQ  and an  example Notice of Tenants Rights form ,  is available at:  http://www.unioncity.org/rent- requirements The City will also be holding two informational mee

Per the City's Housing & Community Development Coordinator-- On April 11, 2017, the Union City City Council approved an Ordinance that will add Chapter 5.50 “Residential Landlord and Tenant Relations” to the City’s municipal code. The Residential Landlord and Tenant Relations Ordinance goes into effect on May 10, 2017. The Ordinance regulates most residential rental units in the City and requires: · Landlords to provide a specific reason for terminating a lease; · Prohibits landlords from engage in specific harassment activity; and · Requires that landlords notify tenants of their rights under the Ordinance Additionally, the City Council has also voted in favor of a creating a rent mediation ordinance. The rent mediation ordinance will also regulate most residential rental units in the City and will provide a non-binding mediation process for significant rent increases. The City Council is expected to review a draft ordinance in May/June 2017. Additional