Executive Homes Realty
Executive Homes Realty, Inc., excels in delivering high quality real estate to buyers in Fremont, California, including in the Mission San Jose region. Clients of Executive Homes Realty, Inc., find this real estate area particularly favorable thanks to the solid education system in addition to crime rates far below the national and California state averages. California high schools fared well on a recent Newsweek list of the country’s top 2,000 high schools, particularly those in the Bay Area. The list took into account a high school’s ability to produce college-ready students, as measured by high school graduation rate, college acceptance rate, and a range of test scores. Saratoga High scored particularly well, with a 99-percent graduation rate coupled with a 97-percent college acceptance rate. Mission San Jose finished just outside of the top 100 at number 114, making it the second most productive high school in the Bay Area. The Fremont school boasts a 100-percent graduation rate, with 90 percent of those students heading off to college.
Winner of the 2012 Pinnacle Award, Executive Homes Realty serves buyers and sellers in the Fremont, California Tri-Cities area. With a focus on the luxury residential real estate market, Executive Homes Realty reaches clients in such cities as San Francisco, Mission Hills, and Weibel. Since 2008, the issue of shadow inventory in real estate has become a concern. Properties withheld from the real estate market until prices rise and unsold distressed properties qualify as shadow inventory. The existence of shadow inventory creates the perception of a shortage of real estate on the market. Properties that are a part of an area’s shadow inventory are usually not included in data that lists total properties available. Also, an undersupply of inventory can cause artificial price inflation. In the years since the economic crisis of 2008, the real estate market has begun to see improvements. By October of 2013, at 1.9 million homes, shadow inventory had dropped to levels unmatched since summer of 2008. As of July 2013, lower shadow inventory pointed to decreased foreclosures and an increasingly healthy real estate market overall.
Based in Fremont, California, Executive Homes Realty specializes in brokering sales and purchases of real estate in the Fremont Tri-Cities area southeast of San Francisco. Within the last five years, Executive Homes Realty was voted “Best Real Estate Firm” in Fremont twice, due its high-quality services and dedication to helping clients succeed in buying and selling homes in the San Francisco Bay Area. Over the past several years, the housing market in the Bay Area has been volatile, as have many housing markets. However, recent reports show that the housing market in the Bay Area may be heading toward stability. Median sale prices of homes have gone up compared to last year, with many sellers becoming more realistic in pricing and many buyers becoming more selective in their choice of homes. With this diminished urgency to sell, as well as a possible decrease in the number of buyers, the housing market in the Bay Area has begun to moderate. The more relaxed housing market suggests that buyers are taking more time to search for a home that they truly want. Furthermore, the stabilization of the housing market has also allowed mortgage rates to level off and has led many Bay Area banks to increase the number of adjustable-rate mortgages they make, which rose from almost 12 percent in 2012 to 20.5 percent in 2013.