Nicole Fong - Realtor

11/30/2023

👀 Price improvement!

If you or anyone you know might be interested in nearly 20 acres of beautiful raw land out in the peaceful countryside of Galt, CA, let me or know!

And if you need help buying or selling your place, please reach out!

🎉 👉 Land listing on Alta Mesa Rd in Galt, CA. 19.33 acres of vacant land. Zoned AG-20

🏡 Have you ever imagined living in the peaceful countryside? Surrounded by tons of open space, clean fresh air, closer to nature, no neighbors on either side, and dealing with less traffic, pollution and noise?

👀 👉 On the market for the first time in nearly 30 years, is an impressive 19.33 acres of raw land, ready to be purchased by you! Located on the outskirts of the beautiful towns of Galt and Herald, you'll be less than an hour away to major cities such as Sacramento, Stockton, and Lodi.

🚗 You'll be close to freeways, major stores, and schools, and still far away enough from the hustle and bustle of living in the city. This lot is perfectly situated in the best of both worlds, and ready for you to make it your dream location.

👌 Start off with a clean slate, and decide what you'd like to make it, whether it's to build your own custom home, have your own vineyard/orchard...lots of great potential, with zoning AG-20 permitting many different uses (buyer to do own due diligence).

🖼 Live the idyllic life in the country, while still keeping all the conveniences of being close enough to the city!

❓ Would you like to know more?
❌ Don't wait!
💬 Contact the Listing Agents today!

Broker: eXp Realty
Nicole Fong, REALTOR®
DRE # 02117932
📧 [email protected]
📞 213-632-6302
🖥 https://nicolefong.exprealty.com/

Shelton Neffendorf, REALTOR®
DRE # 02016360
📧 [email protected]
📞 830-456-5131

09/21/2023

Under contract! 😊

🏡 Your Property, Our Expertise! 🏡
We're thrilled to represent the sellers of 0 Alta Mesa Road, and we can do the same for you!
✅ Market Experts: Our local market knowledge helped us secure a contract for our sellers at the best terms.
✅ Effective Marketing: We employ top-notch marketing strategies to showcase your property to a wide audience.
🏡 Ready to Sell? 🏡
If you're considering selling your home, land or investment trust our experienced team to deliver results!
🤝 Let's Talk! 🤝
Contact Shelton or Nicole today:
📧 Email: [email protected] or [email protected]
📱 Phone: Shelton-(830)-456-5131 or Nicole-213-632-6302
Get ready to add your property to our list of success stories!

02/25/2023

Los Angeles County monthly market report for January 2023.

Existing SFR Home Sales: Number of Single-Family Residence (SFR) homes sold during the month.
• A negative % change from last year means that there were fewer homes sold compared to same time last year.
• A positive % change from last year means that there were more homes sold compared to same time last year.

Active Listings: Number of homes available for sale during the month.
• A negative % change from last year means that there were fewer homes available for sale compared to same time last year.
• A positive % change from last year means that there were more homes available for sale compared to same time last year.

Existing SFR Median Price: The median price of Single-Family Residence (SFR) homes sold during the month.
• A negative % change from last year means that homes were less expensive compared to same time last year.
• A positive % change from last year means that homes were more expensive compared to same time last year.

Median Days on Market: The median of the number of days properties were on the market before going Pending.
• This is a good indicator of buyer demand in a given market. Homes taking longer to sell indicates slower demand from buyers while homes selling more quickly indicates an increase in buyer demand.

Sales-to-List Price %: The final sale price at close of escrow relative to the seller's asking price.
• This is a measure of discounting. If the sales-to-list price ratio is below 100%, sellers are typically receiving less than their full asking price for their homes. If the sales-to-list price is above 100%, sellers are typically receiving more than their full asking price for their homes.

% of Active Listings Reduced: The percentage of homes available for sale that have reduced their asking price.
• This is another measure of discounting. A high percentage of active listings reduced suggests that more sellers in the market lowered the asking price of their homes, while a low percentage of active listings reduced suggests that fewer sellers in the market lowered the asking price of their properties.

02/25/2023

Los Angeles County monthly market report for January 2023.

Existing SFR Home Sales: Number of Single-Family Residence (SFR) homes sold during the month.
• A negative % change from last year means that there were fewer homes sold compared to same time last year.
• A positive % change from last year means that there were more homes sold compared to same time last year.
Active Listings: Number of homes available for sale during the month.
• A negative % change from last year means that there were fewer homes available for sale compared to same time last year.
• A positive % change from last year means that there were more homes available for sale compared to same time last year.
Existing SFR Median Price: The median price of Single-Family Residence (SFR) homes sold during the month.
• A negative % change from last year means that homes were less expensive compared to same time last year.
• A positive % change from last year means that homes were more expensive compared to same time last year.
Median Days on Market: The median of the number of days properties were on the market before going Pending.
• This is a good indicator of buyer demand in a given market. Homes taking longer to sell indicates slower demand from buyers while homes selling more quickly indicates an increase in buyer demand.
Sales-to-List Price %: The final sale price at close of escrow relative to the seller's asking price.
• This is a measure of discounting. If the sales-to-list price ratio is below 100%, sellers are typically receiving less than their full asking price for their homes. If the sales-to-list price is above 100%, sellers are typically receiving more than their full asking price for their homes.
% of Active Listings Reduced: The percentage of homes available for sale that have reduced their asking price.
• This is another measure of discounting. A high percentage of active listings reduced suggests that more sellers in the market lowered the asking price of their homes, while a low percentage of active listings reduced suggests that fewer sellers in the market lowered the asking price of their properties.

10/07/2022

👀 NEW LISTING - JUST HIT THE MARKET‼️ $1,200,000

Now presenting an incredible opportunity to own one of the most unique properties to hit the market. Step back into the 70's and experience the next best thing to Studio 54 at the Disco House! Central location, chic design, large outdoor space, and luxury amenities. Disco House is the house on the hill that offers some of the best sunrises, sunsets and star gazing.

According to AirDNA this groovy turnkey vacation rental has been performing in the top tier of its market category in Yucca Valley.

This home styles bold colors, high fashion decor, and panoramic views of the Morongo Basin -- a clash between the hi-desert living and Palm Springs scene. Enter your gated oasis and enjoy breathtaking views of the mountains. This home has an inviting pool with a privacy fence and hot tub. A covered patio for outdoor dining and BBQ's. You will be impressed by the spiral staircase, high ceilings and glittery disco ball. An updated kitchen with stainless steel appliances and open living area and plenty of space to dance the night away. Each bedroom has it's own chic theme and style. The primary bedroom and bath are located up the spiral staircase with breathtaking views just out your window. The suite features a large glass cubed shower, spacious closet and a vanity area that any aspiring model will appreciate.

This home is a highly sought after short term rental so please be sure to schedule your showing in advance. Furniture can all convey, making this a smooth transition if you wish to keep it running as a vacation rental or live here full time and enjoy a move in ready home. You don't want to miss out on this opportunity to own one of Yucca Valley's best vacation rentals!

Listing Agent: Shelton Neffendorf with EXP Realty
https://www.homesnap.com/CA/Yucca-Valley/7731-Arrowhead-Drive

08/17/2022

🏡 August 2022 California Latest Market Data

August 15, 2022 – The latest CPI report gave hope that rapid inflation might be starting to soften, but consumers’ purchasing power continues to be hindered by higher prices for goods and services across the board. That is doubly true in the housing market — only 16% of California households could afford to purchase the median-priced home according to C.A.R.’s Q2-2022 Housing Affordability Index. The average rate on the 30-year fixed-rate mortgage is nearly twice what it was at the start of this year despite having come down modestly in recent weeks. As a result, demand has fallen and supply is gradually rising, which is leading to a more balanced market for buyers and sellers. (Car.Org)

07/11/2022

With mortgage rates steadily coming down after reaching a recent peak in mid-June, the market began to show some signs of stability as purchase mortgage applications remained unchanged from the prior week. Home sales remained depressed from the prior year, however, as economic uncertainty and higher borrowing costs continued to expand their role in homebuyers’ decision to purchase. With inflation remaining high and the economy expected to pull back, the market will normalize further in the second half of 2022 with softer sales and more moderate price growth. (C.A.R. Weekly Market Update)

06/27/2022

Recent data suggests that inflation is becoming increasingly entrenched in the economy. High inflation is eroding real income and will weigh on consumer spending growth in coming quarters. In an attempt to keep inflation under control, the Federal Reserve has become more hawkish. The Federal Open Market Committee (FOMC) has already raised its target range for the federal funds rate to 150 basis points since March and we can expect more rate hikes this year and next year. While the underlying fundamentals remain solid so far, there is no doubt that an economic slowdown is forthcoming in the next few quarters. The question remains whether the Fed’s newfound aggressiveness will ultimately lead to a recession or just a soft landing (Car.org).

06/27/2022

California May 2022 Sales and Price Report

Realtor® Secure Transaction is your place to discover, access and master the essential tools for a modern, efficient and secure transaction.

03/09/2022

Want to check out an $8,575,000 house with me? Check out the tour I did of this beautiful, exclusive home in Rolling Hills, CA.
https://youtu.be/9vbZevJ-h5I

Listed by: Chrisafina Karasavas, with Vista Sotheby's International Realty

Offered At: $8,575,000 | MLS #: SB22036054
Beds: 6 | Baths: 8 | Living SqFt: 5730

❓ Would you like to see this house or need help buying or selling your home?
💬 Contact me today!

Broker: eXp Realty
Nicole Fong, REALTOR®
DRE # 02117932
📧 [email protected]
📞 213-632-6302
🖥 https://nicolefong.exprealty.com/

Private 6 bedroom, 8 bathroom house in Rolling Hills. Listed by: Chrisafina Karasavas, with Vista Sotheby's International RealtyOffered At: $8,575,000 | MLS...

02/23/2022

🏡 California housing affordability improves in fourth-quarter 2021 as prices level off and incomes grow (CALIFORNIA ASSOCIATION OF REALTORS® report)

• Twenty-five percent of California households could afford to purchase the $797,470 median-priced home in the fourth quarter of 2021, up from 24 percent in third-quarter 2021 but down from 27 percent in fourth-quarter 2020.

• A minimum annual income of $148,000 was needed to make monthly payments of $3,700, including principal, interest and taxes on a 30-year fixed-rate mortgage at a 3.28 percent interest rate.

• Thirty-six percent of home buyers were able to purchase the $610,350 median-priced condo or townhome. A minimum annual income of $113,200 was required to make a monthly payment of $2,830.

C.A.R.’s HAI measures the percentage of all households that can afford to purchase a median-priced, single-family home in California. C.A.R. also reports affordability indices for regions and select counties within the state. The index is considered the most fundamental measure of housing well-being for home buyers in the state.

02/01/2022

🏡 Inglewood’s monthly market report for Dec 2021.

👀 I’ve seen how the city of Inglewood has changed just within the past couple of years, especially with the Sofi Stadium, Super Bowl, and the Olympics coming.

👉 If you’re interested in buying into this growing city, or taking advantage of your home equity and selling out of it, contact me today!

🔎If you’d like to see the monthly market report for your area, let me know what location in the comments below!