Tuesday, September 28, 2010

Fremont CA Real Estate Broker Put On The Spot

The NUMMI Plant here in Fremont has been providing jobs building cars and trucks up until 2010 when it had been decided that after kicking the tires a bit it was time to finally slam the doors shut. No pun intended. The mayor of Fremont, Bob Wasserman, wants Fremont to be a model city in how it chooses to revitalize and reuse the site once shut down. It is part of what is amicably called NUMMI Revitalization and Reuse Plan. 

KTVU news in March 2010 had completed a story on the topic that you can view here http://www.ktvu.com/news/22973164/detail.html

Fremont has hired a study group out of Berkeley called Strategic Economics Inc. to assess the positive impact and other effects revitalization may have on the incisive city of Fremont.

I had received a call into my office TriCity Real Estate Brokers http://www.tricityhome.com from one of the Strategic staff. The Strategic employee was hoping to gain information on what effects the revitalization may have on the housing market in and around Fremont. We set up a telephone interview on September 24th to go over the survey questions. The survey was mainly focused on the the housing impact in and around the Warm Springs area, but also encompassed different areas of Fremont and its surrounding cities.  

I have been interviewed several times about housing and the real estate market over the last couple of years, and I usually can give clear, concise answers to the questions. However, once in a while there is that string of information during the interview where I sometimes wonder if I am really helping or if the interviewer is thinking about how to get me back on topic. 

In regards to a question intended to gain my opinion on the effect on the housing prices in Warm Springs East of Mission Blvd. (So, Jeff, if BART should build a "multi use" facility around the intended BART station extension, what effect would it have on the housing prices in Warm Springs East of Mission Blvd.)?--I paused. First, Mission Blvd is a long road that covers several different micro markets in real estate. I think she meant down where Mission bends back towards 880 by East Warren, but at that point the homes on the east are really south east. That's when there was that awkward pause on my behalf. Then I started to talk about true east versus south east, then I started yapping about Weibel versus Mission San Jose--Oi! Get back on topic Jeff. 

After the interview, and many other questions that were answered in a more succinct fashion, she had mentioned how helpful my input was and that the interview went really smooth. I could only say the next thing that came into mind at that point. The stereotypical reply of, "hope that helps." Argh! Why couldn't I just say, "you're welcome. If you have further questions, please feel free to give me a call." By Jeff Pereyda

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