Test | Market Report October by Procasa Technologies, Inc

October 2023 Copyright by KW Advisors 2023

Fremont area

Milpitas

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Fremont

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Newark

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Union City

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Hayward

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Castro Valley

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Jump to San Leandro Report

Tri-Cities

San Leandro (Fremont, Newark & Union City)

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Pleasanton

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San Ramon

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Livermore

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Cupertino

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Oakland

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What’syourhome reallyworthin today’smarket?

That's the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors' home is. It's the current market that sets the value of your home.

So, do you know what your home is worth in today's market?

Icanhelp...

Contact me for a confidential, no obligation assessment of your home's value.

MortgageRates:Past,Present, andPossibleFuture

If you’re hoping to buy a home this year, you’re probably paying close attention to mortgage rates. Since mortgage rates impact what you can afford when you take out a home loan – and affordability is a challenge today – it’s a good time to look at the big picture of where mortgage rates have been historically compared to where they are now. Beyond that, it’s important to understand their relationship with inflation for insights into where mortgage rates might go in the near future.

Giving Context to the Sticker Shock

Freddie Mac has been tracking the 30-year fixed mortgage rate since April of 1971. Every week, they release the results of their Primary Mortgage Market Survey, which averages mortgage application data from lenders across the country.

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WHY YOU NEED A HOME WARRANTY

There are many compelling reasons to join American Home Shield. Simply put — a home warranty protects your budget and provides peace of mind.

HOME WARRANTY BENEFITS

Here are just a few of the advantages of having coverage:

Budget protection when systems and appliances like your A/C and fridge inevitably stop working.

Peace of mind because you have a plan in place and know exactly who to call when something goes wrong.

The time-saving convenience of not having to search for someone to get the job done. We do that for you.

With our 30-day workmanship guarantee, if you have an issue with your completed repair within 30 days of service, we’ll send a contractor back out for free.

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Considering living in your house during a remodel?

FOUR Essential Tips

Opting to stay living in your home during a remodel can feel like a stressful and cramped arrangement. It can be frustrating to live amidst subcontractors coming and going, noise levels, dust and debris, and rotating schedules.

If you ’ re considering staying in your home during a remodel, we have a handful of tips that will help you master your planning (and muster your patience):

F E T

Protect kids, elderly, and pets

Be sure to contain and clean the areas that you will be using to ensure that your children, seniors, and pets are out of harm's way and breathing clean air

Move any food, supplies, and belongings

Identifying essential items that you’ll need throughout the project and moving them to a room that will remain utilized throughout the process. Organize boxes of items by category so that they’re easy to locate and keep tidy.

Designate your work, living, and play areas

Get a kitchen and bathroom strategy in place

Temporary barriers, substitute facilities, and alternate routes can be set up to help keep you and your family clear of dust, noise, and any dangers from the active worksite. Strategize renovating one bathroom at a time so others can stay in use throughout the process. Planning a daily schedule helps everyone get their needs met without creating a traffic jam and thereby minimize stress.

Four Essentia Tips!

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know how Home Concierge

Tips to Harden Your Home During Wildfires

Source: Cal Fire

ROOF

Build your roof or re-roof with materials such as composition, metal, clay, or tile. Remove any vegetative debris from the roof.

VENTS

Remove all openings with 1/16-inch to 1/4-inch metal mesh. Do not use fiberglass or plastic mesh because they can melt and burn.

EAVES + SOFFITS

Eaves should be boxed in and protected with ignitionresistant or non-combustible materials.

WINDOWS

Install dual-paned windows with one pane of tempered glass to reduce the chance of breakage in a fire.

WALLS

Use ignition-resistant materials, such as stucco, fiber cement, wall siding, fire retardant, treated wood, etc.

DECKS

Create an emberresistant zone around and under all decks and clear debris from under your deck.

FENCES

Separate your fences from your house or upgrade the last 5 feet of the fence to a non-combustible material.

CHIMNEY

Close the fireplace during fire season when the chimney is not being used.

GUTTERS

Keep rain gutters clear or enclose rain gutters to prevent accumulation of plant debris.

DRIVEWAY

Ensure your driveway complies with local regulations, providing at least 10 feet of clearance on both sides for two-way access to accommodate fire and emergency vehicles.

PATIO COVER

Use the same ignitionresistant materials for patio coverings as a roof.

DECKS

Have a fire extinguisher and tools such as a shovel, rake, bucket, and hose available for fire emergencies.

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BroughtToYouBy: Click here for your mortgage needs Click here for your home warranty needs

Click here for your home renovation needs Click here for your insurance needs

Milpitas

What's in the Milpitas data?

There were 0 single-family homes for sale, providing 0 months of inventory. There were 0 new listings, and 0 homes sold at a median price of $0. The median overbid percentage was at 0%, with an average of 0 days on the market.

There were 0 condo and townhome units for sale, providing 0 months of inventory. There were 0 new listings and 0 units sold at a median sale price of $0. The median overbid percentage was at 0%, with an average of 0 days on the market.

mily Homes

0 Sold Listings

$0 Median Sale Price ist

ory

0 Avg Days on Market

Broker Metrics, includes all single-family homes, condos and California Area from September 2022 to September 2023. This may and may vary from the time the data was gathered. All data is guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.

Condo & Townhomes

0 New Listings 0 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 0 Avg Days on Market 0 Sold Listings CONDO

Milpitas

SEPTEMBER 2022 - SEPTEMBER 2023

Last 12 months, year-over-year.

Last 12 months, year-over-year

Single-Family Homes

Condos & Townhomes

100 75 50 25 0 100 75 50 25 0

SALE SOLD LISTINGS

LISTINGS FOR

Median SalesPrice

Single-Family Homes

The median sales price has decreased from $0 last September 2022, to $0 as of September 2023

Condos & Townhomes

The median sales price has decreased from $0 last September 2022, to $0 as of September 2023

Overbids

Single-Family Homes

The overbid percentage has decreased from 0% last September 2022, to 0% a year later

Condos & Townhomes

The overbid percentage has decreased from 0% last September 2022, to 0% a year later.

AVGDays OntheMarket

Single-Family Homes

The average days on market went up from 0 days last September 2022, to 0 days as of September 2023

Condos & Townhomes

The average days on market went up from 0 days in September 2022, to 0 days as of September 2023.

Back to Table of Contents 100 75 50 25 0 100 75 50 25 0 100 75 50 25 0

Fremont

What's in the Fremont data?

SFH Single-Family Homes

0 New Listings

0 Sold Listings

0 Months of Inventory

$0 Median Sale Price

0% Median Sale vs List

Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in the California Area from September 2022 to September 2023. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 01345026. Copyright KW Advisors Fremont 2023. Each office is independently owned and operated.

0 New Listings 0 Months of Inventory $0 Median Sale Price 0% Median Sale vs List 0 Avg Days on Market 0 Sold Listings

Condo & Townhomes

CONDO

mont

SEPTEMBER 2022 - SEPTEMBER 2023

Last 12 months, year-over-year

Single-Family Homes

12 months, year-over-year.

& Townhomes

Last

Condos

100 75 50 25 0 100 75 50 25 0

FOR SALE SOLD LISTINGS

LISTINGS