Real Estate News From Jenell Fontes VanDenBos

You’ve secured your tickets and booked your stay with Jenell and the team—now it’s time for the fun part: planning your outfit! Coachella has become just as much a fashion event as it is a music festival, but the best looks balance style and practicality. When planning your festival fit, keep these four items in mind: shoes, a functional bag, layers, and essentials. THE SHOES: Choose comfortable shoes—you’ll be walking and standing most of the day. Test them out beforehand, skip spike heels, and opt for flats, wedges, boots, or even creatively styled flip-flops that match your vibe. THE PURSE: Pick the right purse. A small crossbody or wristlet works best—big enough for your phone, wallet, water, and essentials, but light enough to move through the crowds hands-free. THE LAYERS: Don’t forget layers. Desert days are hot and nights cool down quickly, so bring a light wrap, crochet cover-up, or jacket you can easily tie around your waist or bag. Add fun accessories, sun protection, and a ...

Now if you have been paying attention to the Coachella Valley something peculiar has been happening, it is explainable but it exemplifies a larger problem in our current real estate market. Today there are approximately 650 active properties on the market as of February 2022. Around this same time last year, there were over 2,000 active properties on the market. Now to make it clear the typical  inventory  of the Coachella Valley is usually somewhere between 4-5,000 units. Currently this is a clear identifier demand is extremely high, but how long can that last as supply remains so  low . As interest rates continue to rise there is going to be a decrease in buyer demand, and we can already see that as the average days on market increases. This past year we saw houses being sold within hours of being posted on the MLS, multiple bids above asking price, and the sheer force of movement that has filled up the valley with transplants and former city-sl...

Talus is a NEW residential Development that you might want to know more about because this project is changing the face of property development for the Coachella Valley! For those of you that have recently driven on Avenue 52 or Jefferson on their way to PGA, Tradition or Griffin Ranch, you may have noticed a new sign on the way that reads "Talus." You might be asking yourself what is Talus? Or maybe you already googled it, or heard some people at the office or the gym talking about it. But I want to discuss the implications of this enterprising project for the surrounding neighborhood, and I think we should go over it together. Talus is a brand new resort experience developing in our backyard! This project includes hotels, The Montage and Pendry, two notable luxury brands that will be hosting the resort-styled hotels, private branded residences, a new restaurant, spa facility, conference center, club house, and more! The first part of the project should be finished by mid 20...

NFTs and Real Estate! Today I want to discuss a topic I have seen buzzing through the headlines for the past year, but hasn't exactly been explained in a way that I have been able to really understand or realize the importance of. That's right! We're going to talk about NFTs in Real Estate, how they relate to the industry now, in the future, and what exactly the technology is thats supposedly going to replace my job! I just read an article about a virtual property, that is a digital 3D image of a home has just sold for over four million dollars in the Sandbox metaverse. That's right, you cannot live in the home, it doesn't have a pool, or a backyard, or any bathrooms! Not ones that you can use anyway, and it sold for well over what most people make in a year, if not several years of earned income and savings. Now, that definitely made me a little bit curious about what's going on with NFTs and how they might play into the real estate market, today and in the fut...

The purchase of a home is for most people the largest investment they will make in their lifetime! Your home is both an investment and a place to live.  For the past decade I have worked with a lot of investors and the same principals that make my investors rich, apply to any real estate purchase. Here are some real estate buying tips I learned from the investors I've worked with! First off, it is all about the numbers!  Make sure the numbers work up front, define and estimate  if there is money to be made and upside in the resale due to market, trends, or added value… Basically, if the numbers don't add up from the beginning then don't make the deal. Hoping that the market improves isn't a tactical game plan, you need to back up your predictions with cold hard facts and proven economic growth patterns.  This is where you need the help of a trusted real estate advisor that understands the local market.  Secondly, make your mone...

2018 Real Estate Investment Strategy Your HOME is your largest asset...   Will 2018 be the year to buy, sell, hold or rent your property? Taking the time now to evaluate your real estate assets, will pay off in the future. What was once a viable asset in your real estate portfolio may have changed due to the movement in home values, rental values and changes in the tax law.    Now is the time to find out if your real estate strategy is still on track....    Good Information makes Good Decisions The first step is to appraise the current market value of each of your assets. This is not necessarily what you paid for it or what you wish you could sell it for, this is the appraised value of the asset. There are a couple of excellent websites that can help you get a ballpark figure, but I recommend contacting a real estate professional who knows your local market to give you an opinion. Key questions they can help you answer include, how is the real ...