|
|
Happy New Year! The supply of homes available to purchase is at a staggering, record low. Matched by a crazed demand, the market is insanely HOT! With nearly no homes on the market, home values are soaring, and today’s higher mortgage rates are not deterring buyers from purchasing.
BUYERS: Waiting for the market to slow is not the answer. Home values will climb between 8 to 10% in Orange County, and mortgage rates could reach or even exceed 3.5%. With rising values and higher rates, home affordability will decrease. Instead, you need to purchase now and watch as your home values rise, as there is no sign the market will slow anytime soon.
SELLERS: Take advantage of this HOT market. Pricing is still key, and will allow a seller to tap into the hoards of buyers waiting for every home that hits the market. Concerned where would you go if you sell? I have a list of off-market properties with sellers in the same situation. Let's connect and see if we can make a match off-market. It could be a win-win situation!
Included below is your Irvine Market snapshot. I am your local resource for all your real estate needs. Referrals are always appreciated.
- Ellie Yung, Your Orange County Real Estate Specialist
|
|
|
September 2021 - December 2021
|
|
|
December 2020 - December 2021 (12-Month Lookback)
|
|
Market Action Index
Comparison rate of sales versus inventory
|
|
|
|
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
|
|
|
|
To obtain a complimentary instant home valuation and quick peek at the market activity near your home, please click the button below.
|
|
Listings by 
|
|
|
Coming Soon Listing
Blakeley, Irvine - Offered At $1,450,000
4 Bedroom | 2.5 Bath | 2,411 Sq Ft | 5,900 Sq Ft Lot
|
|
|
Coming Soon in March 2022. NO HOA and NO MELLO ROOS! Charming Family Home located in the serene community of Greenfield in Northwood. As you enter the formal foyer, you will be greeted by the spectacular OPEN FLOORPLAN with vaulted ceilings, stunning staircase, expansive living and dining room, and lots of natural light. Entertain in the oversized backyard with lush green grass and no neighbors behind for ultimate privacy. This home is a rare opportunity at this price and will go quick! For priority access to view this home, please click the button below.
|
|
Recent Sales by
|
|
|
!! INVESTMENT HIGHLIGHT !!
Looking for Passive Income and Strong Year-Over-Year Appreciation?
|
|
Client Appreciation Event
|
|
JAN 11 - 31, 2022 - WAYFAIR GIFT CARD GIVEAWAY
It’s a New Year and time to redecorate! Ellie Yung Real Estate and Coldwell Banker invite you to enter our home shopping spree giveaway for a chance to win one of these fabulous prizes! Click the button below to enter.
-
Grand Prizes $500 Wayfair Gift Card (6 winners)
-
$300 Wayfair Gift Card (11 winners)
-
$100 Wayfair Gift Card (42 winners)
Entry Dates: January 11-31. Drawing will be held on or around February 1, 2022. Good luck!
|
|
Each month we will nominate a local business owner in the area who we feel deserves some spotlight!
This Month's Feature... Always baked with love!
|
|
Hi I'm Lauren and I am a self-taught baker who has always had a passion for the art of cake decorating! I love making people happy through my confections. After attending USC, and years baking for families on the side, I decided to turn my passion into a career! I am obsessed with understanding the cake world and staying up to date with new trends.
|
|
|
|
No two cakes are alike and I set myself apart with my bold flavor combinations and organic, quality ingredients! Everything I make is baked with love; going the extra mile with decorations and pouring my heart into everything I create. I make a wide array of quality confections including special occasion and wedding cakes, cake pops, cupcakes, chocolate covered oreos, chocolate pretzels, sugar cookies, and anything else you can imagine! Place a custom order online and order ahead, I fill up quickly!
|
|
|
|
|
|
I have a very strong buyer pipeline in a very low inventory market. These buyers are pre-approved and ready to purchase. If you have a home that meets the below criteria or know of someone willing to sell, please contact me immediately! This could be a win-win situation.
1. Buyer #1
- Single Family in Orchard Hills (The Groves)
- 4+ Bedrooms, 4+ Baths (Messina, Saviero, Vicenza)
- 3,600+ Sq Ft
- Price Range <$2.8M
2. Buyer #2
- Single Family in Quail Hill, Tustin Ranch, Laguna Niguel
- 3+ Bedrooms, 3+ Baths
- 2,800+ Sq Ft / High Ceilings / View Lot
- Price Range <$3M
3. Buyer #3
- Condo in Woodbridge or Deerfield
- 2+ Bedrooms, 2+ Baths
- Price Range <$700K
4. Buyer #4
- Detached Condo or SFR in Lake Forest
- 3+ Bedrooms, 2+ Baths
- Price Range <$1M
|
|
What's New with ?
|
|
|
Goodbye 2021, Hello 2022!! 2021 was definitely a better year than 2020 as the world opened back up and the kids got to go back to school. 2022 will be an even better year! Wishing you all good health, prosperity, and lots of happiness as we look forward to the New Year!
|
|
|
|
