Jenny Chan Realtor

07/20/2022

07/17/2022

When friends and family asked for my opinion if SoCal housing prices will go down significantly, my short answer has always been no.

Three metropolitan areas in SoCal are on the top 10 list of most server housing shortage.

Since underlying cause of high prices is short supply; higher interest rate would not change this calculation and only pushes some potential buyers back to rental market.

The days of $100k over asking are in the past, buyers can now negotiate with contingencies, but a market crash like 2008 is not likely to happen.

Hundreds of cities and towns are seriously short of housing, both homes to buy and rentals, according to a new study. It's the main reason that home prices and rents are so high.

07/16/2022

🏠 Two on a Lot in Baldwin Park 🏡
🚨Open House Alert 🚨 7/16 & 7/17 2-4pm

13417 Valle Vista Ave
Baldwin Park, CA 91706

Front house 2,500 sq ft 3 bedroom 2 full bath 2 powder room
Back house 1,200 sq ft 3 bedroom 2 bath

Asking $1,599,000

New construction, open floor plan with everything desirable for modern living.

05/29/2022

Just picked up keys for this beautiful single house in Duarte; client is delighted to hear another unit down the street just sold for $38k more.

Housing market is quickly changing tide; give me a call to discuss your investment plan.

Jenny Chan
DRE # 02067370
(323) 599-6666

05/04/2022

California has an affordability crisis; this new program could help first time buyers to access homeownership.

Program highlights:
- borrow up to 10% of purchase price
- 0% loan for down payment or closing costs
- forgivable after 5 years occupancy

The Forgivable Equity Builder Loan, which gives first-time homebuyers a head start on this with immediate equity in their homes via a loan that is forgivable if the borrower continuously occupies the home as their primary residence for five (5) years after closing.

04/17/2022

🏠Great Starter Home in Temple City🏠
🔔Open House Alert🔔 Sun 4/17/2022 1-3pm

4515 Ellis Lane #6
Temple City, CA 91780
2 bed 1.5 bath
1005 sqft
Asking $565,000

Move-in ready condo in SGV; tons of upgrades including newer kitchen, RO water system, water softener system and double pane windows. Direct access to two-car garage and private patio; a starter home which has it all

Convenient location, close to freeways, schools, shops and restaurants.

SGV拎包入住雙層公寓，房屋升級包括廚房裝修、飲水淨化系統、軟水系統及雙層隔熱窗。私家後園連接雙車庫，首購族首選

旺中帶靜，鄰近高速公路、學校、商圈和餐廳

03/22/2022

Beautiful SFR in escrow 📑

I met them when my client was seven months into their house hunting; helped them to submit an offer for another townhouse in a surrounding city but it didn’t work out. At that point they were burn out and didn’t know if they want to continue with the seemingly endless search.

Over the next few months, I get to know them better and advise to expand the search in SGV and look into different types of home. Fast forward another two months, we finally got some good news over the weekend and opened escrow today.

We didn’t outbid every other buyers; instead we worked closely with listing agent to understand seller’s moving plan and submitted favorable terms to strike a deal that satisfies both parties.

03/08/2022

Inspection Day 🧐

🔜 Cozy Lake Arrowhead Retreat 🏞🏡

01/31/2022

Who doesn’t enjoy a winter getaway in the mountains?

Preparing an offer for a cozy cabin in Running Springs. 🤞🏼

01/22/2022

Checked an open house in El Monte this morning, the line to get in went down the block. At one point, someone drove by asked if this is a COIVD test popup.

Housing and COVID tests are two hottest commodity in 2022 🔥🔥🔥

01/12/2022

🏠Beautiful tri-level townhouse in Baldwin Park🏠
🔔Open House Alert🔔 Sat 1/15/2022 11am - 1pm

13641 Foster Ave #1
Baldwin Park, CA 91706
4 bed 3 bath
1950 sqft
Asking $729,000

One-of-a-kind property in gated community, high ceiling with bright & airy floorplan, breath-taking rooftop view looking at the San Gabriel Mountains.

Convenient location, close to Fwy 10 & 605, schools, shopping centers and restaurants.

閘門小區獨特設計三層別墅，高樓底採光充足，區內僅有陽台，180度全景觀

地點優越，鄰近10號、605號公路，5分鐘可達Target或Walmart商圈