the power is now REAL ESTATE MAGAZINE
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REAL ESTATE FOR SALE! APRIL 12 | 2021
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FONTANA REAL ESTATE MARKET TRENDS: APPRECIATION RATES AND LOOKING BEYOND THE 2ND QUARTER
the power is now
real estate magazine FOUNDER AND EDITORIAL DIRECTOR Eric Lawrence Frazier, MBA Office: (800) 401-8994 Ext. 703 Direct: (714) 361-2105 eric.frazier@thepowerisnow.com www.thepowerisnow.com www.blogtalkradiocom/thepowerisnow EDITOR IN CHIEF Sheila Gilmore
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SELECT A VIP AGEN Adrian Bates Los Angeles
Adriana Montes Florida
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Joe L. Fisher Richmond
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NT IN YOUR AREA Monica Hill Menifee
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T
he 2021 Fontana real estate market continues to be a hot place. Three months into 2021, the Fontana real estate market is not so much different from what we saw in the 2020 market. Housing supply is still low, same as last year, home values are still on the rise, while demand is skyrocketing. According to Realtor.com, the February 2021 median list price of homes in Fontana was $490,000, representing an increase of 11.4% year-over-year. Moreover, the median listing price per square foot was $272 while the median sale price was $515,000. A seller’s market continued to dominate the Fontana real estate market in February 2021. This means that there were more people hunting for homes than the available homes for sale. According to Realtor.com, the February sale-to-list price ratio in Fontana was 101.96%. This means that homes in Fontana sold for 1.96% above the asking price on average in February 2021. Moving on, the median list price in Fontana surged by 6% from February to March 2021, according to Movoto. On the other hand, Fontana’s home resale inventories went up by 11% in March 2021, from the previous month. In terms of market competitiveness, Fontana attained a Redfin Compete Score of 82, which means that the
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THE POWER IS NOW MAGAZINE | APRIL 2021
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FONTANA REAL ESTATE MARKET TRENDS: APPRECIATION RATES AND LOOKING BEYOND THE 2ND QUARTER
Fontana real estate market is very competitive.
Below is a Fontana market long-term forecast chart for years 2021-2027.
Elsewhere, Fontana has experienced some of the highest home appreciation rates of any market in the nation in the last 10 years. According to NeighborhoodScout, real estate appreciated by 107.33% over the last 10 years, representing an average annual home appreciation rate of 7.56%. This puts Fontana among the top 10% nationally for real estate appreciation. Moreover, data from NeighborhoodScout shows that Fontana’s appreciation rate was at 4.59% during the last 12 months; while in the last quarter, Fontana’s appreciation rate was 1.79%, which translates to a rate of 7.37% annually.
Work cited. https://walletinvestor.com/real-estate-forecast/ca/san-bernardino/fontana-housingmarket/. https://www.realtor.com/realestateandhomes-search/Fontana_CA/overview.
Moving on, you might be wondering whether it’s worth investing in real estate in Fontana. According to WalletInvestor’s live forecasting system, buying a home in Fontana is a “not so good short-term (1 year) investment.” Based on WalletInvestor’s forecasts, a long-term increase in home prices is expected in Fontana. And if you’re looking for homes for sale with good flipping profit, the Fontana market can be a profitable property investment option. WWW.THEPOWERISNOW.COM
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EMERICK A. PEACE
#320004 240-882-0198 EmerickPeace@KW.com Your #1 Referral Source for Phenomenal Service in Washington, DC & Maryland
142 0 NE 1 5 8 th Terrace G ainesville, FL, 3 2 6 4 1
SINGLE FAMILY HOME FOR SALE LIST PRICE
$190,000
PROPERTY INFORMATION: Address: 1420 NE 158th Terrace Gainesville, FL, 32641 Alachua County Square Feet: 1586 Year: 1993 Lot Size: 10.00 acres
PROPERTY INFORMATION:
3 BEDROOMS
CALL FOR DETAILS
ADRIANA MONTES, JD MBA
m: (321) 689-6258 o: (407) 654-9992
2 BATHROOMS 3 CARS GARAGE
adriana@floridadreamsrealty.com www.floridadreamsrealty.com
Diversity is working. Shouldn’t it also be living?
Your workplace thrives on diversity, so why shouldn’t your neighborhood? Diversity expands horizons, promotes understanding, prepares our kids. It promises us all a richer life. To better understand how neighborhood diversity will benefit you and your family, please log onto www.ARicherLife.org.
Celebrating the 40th Anniversary of the Fair Housing Act
WHAT WILL HE SEE
WHEN HE OPENS
HIS EYES?
DISCRIMINATION OR A NEW HOME?
SCAN HERE FOR MORE INFO
It’s a reality that housing discrimination based on religion exists today. It isn’t just unfair – it’s against the law. If you feel that you’ve been denied the sale, rental or financing of a home because of religion, file a discrimination complaint with HUD or your local fair housing center.
Visit hud.gov/fairhousing or call the HUD Hotline
1-800-669-9777 (English/Español) 1-800-927-9275 (TTY)
Fair Housing Is Your Right. Use It!
A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
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282 1 W Avenue K1 2 #1 1 8 , La ncaster, CA 9 3 5 3 6
SINGLE FAMILY HOME
SO LD
FOR SALE LIST PRICE
$280,000
PROPERTY INFORMATION: Address: 2821 W Avenue K12 #118, Lancaster, CA 93536 Property type: Condominium Square Feet: 1,143 Lot Size: 6.83 Acres
PROPERTY INFORMATION:
3 BEDROOMS
CALL FOR DETAILS
CORNELIUS JACKSON
DRE#01824362 o: (855) 255-0877
2 BATHROOMS 2 CARS GARAGE
info@cljrealty.com www.CLJRealty.com
LISTED FOR $220,000
19109 Oak St Apple Valley, CA, 92308 San Bernardino County Property Information Bed/Bath: 2/2.00 Total Rooms: 5 Square Feet: 1205 Year: 1995
Call Danon Burnside Realtor DRE#01835853
Housing Type: Single Family Home Number of Stories: 1 HOA Fees: $146.75 Lot Size: 3333.00 sq ft
mobile: (951) 205-5796 e-mail: dburnside73@gmail.com
IF YOU’RE STRUGGLING TO CARRY YOUR MORTGAGE, WE CAN HELP FORECLOSURE IS NOT A FOREGONE CONCLUSION The weight of a mortgage can overwhelm even the strongest person. Now you can get FREE help. Today, there are alternatives for lots of homeowners in many difficult mortgage situations. A HUD-approved housing counselor may be able to help you. Find out what might help ease your burden at:
STOP STRUGGLING. GET FREE HELP. A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance.
YOUR POWER TO BUY A HOME IS NOW! 21920 Ibex Ave Hawaiian Gardens, CA, 90716
Offered at $455,000
PROPERTY INFORMATION
Bed/Bath: 3/2.00 Total Rooms: 7 Square Feet: 1600 Year: 1955 Housing Type: Single Family Home Number of Stories: 1 Lot Size: 6801.00 sq ft
CALL ME FOR DETAILS: Kenneth Session Direct: (510) 290-7990 E-mail: ksession@sessionrealestate.com
LENDING DISCRIMINATION WAS NOT WHAT I WAS EXPECTING If you are qualified for a mortgage, but the lender denies the loan because you are on maternity leave–that's a violation of the Fair Housing Act. If you suspect you are a victim of lending discrimination, please report it.
1-800-669-9777 (voice) 1-800-927-9275 (TTY)
www.HUD.gov
A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, family status or disability. For more information, visit www.hud.gov/fairhousing.
2001 Aster Ave West Sacramento, CA, 95691
Property Information Address: 2001 Aster Ave West Sacramento, CA, 95691
BOBBY E. LANGSTON
DRE#01933277 d: (916) 836-1762 DRE#02077274 5709 Mariconi Ave Ste L. Carmichael 95608 www.bobbyreinc.com
$352,000
Property FEATURES • • • • •
Bed/Bath: 2/1.00 Total Rooms: 5 Square Feet: 1095 Year: 1953 Housing Type: Single
Family Home • Number of Stories: 1 • HOA Fees: $0.00 • Lot Size: 6000.00 sq ft
I’VE HEARD ABOUT
SEXUAL HARASSMENT
AT WORK... BUT I DIDN’T EXPECT IT
IN MY OWN APARTMENT. SO I FILED A COMPLAINT WITH HUD. If a landlord makes unwelcome sexual advances or if he threatens you with eviction or refuses to make repairs because you deny him sexual favors, he is violating the Fair Housing Act. Report sexual harassment and put a stop to it.
Fair Housing Is Your Right. Use It!
SCAN HERE FOR MORE INFO
Visit hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (English/Español) 1-800-927-9275 (TTY) A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
LISTED FOR $200.000 556 Jefferson Park Ave Jefferson, LA, 70121
Property Information: w Bed/Bath: 3/1.00 w Total Rooms: 6 w Square Feet: 1335 w Year: 1956 w Housing Type: Single Family Home w Number of Stories: 1 w HOA Fees: $0.00 w Lot Size: 5508.00 sq ft
Briana Frazier
Direct: (951) 809-9077 Fax: (714) 908-7298 BRE License: 01751473 www.fraziergrouprealty.com
When it comes to housing,
little things shouldn’t make a difference.
If you have children or are pregnant and a landlord refuses to rent to you, requires a higher security deposit, limits the use of facilities, or says you can only live in certain areas of a housing complex ... that could be discrimination. And housing discrimination because of familial status is against the law. If you believe you may be a victim of housing discrimination, contact HUD or your local Fair Housing Center:
Visit www.hud.gov/fairhousing or call the HUD Hotline 1-800-669-9777 (voice) 1-800-927-9275 (TTY)
Your Choice. Your Right. Your Home. A public service message from the U.S. Department of Housing and Urban Development in partnership with the National Fair Housing Alliance. The federal Fair Housing Act prohibits discrimination because of race, color, religion, national origin, sex, familial status or disability. For more information, visit www.hud.gov/fairhousing.
THIS PROPERTY WILL NOT LAST! 8900 Briery Branch Dayton, VA, 22821 Rockingham County
Offered at $115,000
PROPERTY INFORMATION
Bed/Bath: 3/2.00 Total Rooms: 5 Square Feet: 928 Year: 1995 Housing Type: Manufactured Home Number of Stories: 1 Lot Size: 1.92 acres
CALL ME FOR DETAILS: Joe L. Fisher DRE#01070856 Direct: (510) 236-8204 E-mail: jlfisher180@yahoo.com www.jfisherrealtors.com