Market in Fremont, California is one of the most competitive markets in America. With high demand and low supply, buyers are put into a super aggressive seller’s market where they have to compete for the homes that are on the market. To be successful in this type of situation there are strategies that you can use to stay ahead of the curve. These tips are very simple but when executed will bring you more confidence, clarity and success.
Fremont is an expensive city to buy real estate in, and it also has the lowest inventory on homes for sale when compared with other cities around California. The average sales price has seen a 27% jump since the same time last year, this is directly correlated with shortage of inventory that we are experiencing in this market. Until we can bring enough homes on the market either through new construction or existing home sales, we will continue to see competitive and unhealthy market conditions for buyers.
In this video we will discuss the local real estate housing market stats and see what is actually happening on the ground. Watch this video to find out what the average home is selling for and what kind of homes are available in that price range in the city of Fremont. And what you can do right now to increase your chances of buying your first home.
I hope this video is insightful to you. I look forward to providing value to your buying process!
Until next time…