Fremont Real Estate and Beyond

As a Realtor, it's difficult to watch this.  I have a fiduciary duty to my clients to help them buy and sell homes, not give legal advice on how to interpret a loophole in a law.

BayEast posted their East Bay housing statistics for the month of May.  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"

City leaders in Hayward and Union City are considering increasing their real estate transfer taxes. On Tuesday, June 5, the Hayward City Council directed staff to survey Hayward residents about increasing the transfer tax rate from $4.50 to $10 per $1,000 of assessed value. Hayward officials claim increasing the rate would generate more than $8.7 million in tax revenue. Depending on the survey results, the Council may place the transfer tax increase on the November ballot. More information about the transfer tax increase and an on-line survey is available here . Union City is also planning to increase its transfer tax rate from $0.55 to $10 per $1,000 of assessed value. They claim the increase would generate, on average, $5 million in tax revenue. However, to increase the tax rate it would first need to convert from a general law to a charter city. Changing the City charter requires a majority vote of Union City residents. The Union City Council is holding a public hearing about