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Downtown Covina Living – Vintage Walk I

This is one of the most popular and fast growing area in Covina.  This home is located in the First Phase of Vintage Walk, built by Olsen Homes.  The 2nd phase was built by City Venture and sold out in about 2 months.  Welcome to Downtown Covina!

http://543Chardonnay.JonathanChi.com – Property Detail Web Site with Slide Show and Video Tour.
http://www.JonathanChi.com

Jonathan Chi
626-606-5716
J.Chi@JonathanChi.com

3 bedrooms / 3.5 bathroom / 2-car attached garage / Zip Code: 91723, Covina, California – Vintage Walk Covina

Modern living in the heart of Downtown Covina is waiting for you! This contemporary tri-level townhome in Vintage Walk I is conveniently located to the freeways and Metro Link Station (ideal for commuters). Desirable floor plan features three bedroom suites (one on the ground floor) plus a vanity room in the main living space. Open and airy design with a private balcony that brings the beauty of the outdoors inside. Gorgeous stone countertops in all wet areas. Engineered wood flooring in kitchen and dining area. New carpet, custom paint, window coverings and a two-car attached garage. Walking distance to everything you need — restaurants, parks, Metro Link, and entertainment! Take a closer look at one of the area’s best values!

 

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85°C Coming to West Covina this Fall/Winter

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McIntyre Square 85C West Covina – JonathanChi.com

85°C (www.85cafe.us) is coming to the Mclntyre Square in West Covina (cross street of Citrus and E Garvey S.  Eater.com reports that 85 degrees will open in September 2012.  Mclntyre Square was recently re-constructed and many of the new business/restaurants are moving into the new shopping plaza.  

To be continued. . .

 
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Posted by on August 21, 2012 in jonathanchi

 

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Prudential Real Estate Outlook Survey: Americans Are Increasingly Confident About Homeownership, Real Estate Market Recovery

IRVINE, Calif. – Brookfield Real Estate and Relocation Affiliates Inc., owner of the Prudential Real Estate franchise network, today released the quarterly Prudential Real Estate Outlook Survey showing that Americans’ confidence in homeownership and real estate continues climbing from the first quarter and a year earlier.

 

Signs of growing confidence are widespread, according to the national survey. For instance:

 

  • 69% believe that real estate is a good investment despite the market volatility of the past few years, up 6 percentage points from the first-quarter 2012 survey and 17 percentage points from first quarter 2011.
  • 72% expressed confidence that the real estate market and property values will improve during the next two years, including a 6-point jump among those “very confident” or “confident” vs. the first quarter 2012, and a 14-point gain in this subset over first quarter 2011.
  • Nearly two-thirds (64%) of respondents have a favorable perception of the U.S. housing market, up from 60% in first quarter 2012 and 52% in first quarter 2011).

 

“The American Dream is clearly on the mend,” said Earl Lee, president, Prudential Real Estate. “Americans are feeling better about homeownership and the ongoing recovery taking place in residential real estate. Many are increasingly optimistic about their personal circumstances and, with housing affordability near all-time highs, they want to act on the opportunity.”

 

 

Factors driving homeownership  

Homeownership remains the central component to the American Dream, as 78% of respondents said owning a home was still “very important” – the same percentage reported in the first-quarter 2012 study. A full 98% said homeownership was at least somewhat important.

 

In addition, with interest rates at historically low levels, 96% of respondents at least “somewhat agree” that now is a great time to buy a home – the same percentage reported in the first-quarter 2012 study.

 

More than the financial reasons to buy a home, respondents placed higher priority on the emotional reasons for homeownership. “Control over living space,” “more space for family,” “safer neighborhood” and “good place to raise a family” rated higher than “a good investment,” “financial security” and “tax benefits.”

 

“Normalcy is returning to the U.S. real estate market and more people are buying homes for traditional reasons – to raise a family, feel secure and build a future,” said Lee. “Every last emotion is rolled up into owning a home – it’s where life happens – so it’s no surprise that the emotional side outweighs financial reasons for owning a home among respondents.”

 

Caution remains

The survey also shows that consumers remain cautious about the real estate market and process, as a full 30% “strongly agree” that the housing crisis reminds them to be more careful about buying or selling a home; up two percentage points from the first-quarter 2012 survey. In addition:

 

  • Nearly two-thirds (65%) of respondents indicated that financing or getting a mortgage is more challenging than it was before the market crisis, which is up from 58% in the first-quarter 2012 survey.
  • Among those considering a real estate transaction, 39% expressed concern they won’t be able to sell their current home, up 11 points from the first-quarter 2012 survey and 10 points from first quarter 2011.
  • Given the dynamics and challenges of today’s real estate market, nearly three out of four (74%) respondents think it is more important than ever to work with a good real estate agent for the best success in buying or selling a home (up from 71% in first-quarter 2012 and 67% in first quarter 2011).

 

“Real estate markets are improving around the country and consumers face many choices,” concluded Lee. “Consumers should seek out a real estate professional who can help them make the best choices to suit their needs.”

 

Prudential Real Estate Outlook Survey Methodology

Interviews with 1,250 Americans who are “in the market” to buy or sell a home were conducted online by Palisades Media Ventures and Penn Schoen Berland, between May 22 and June 1, 2012. Respondents are aged 25-64 with a household income of at least $50,000, and either recently bought/sold a home or are considering buying/selling a home. The margin of error is ± 2.8% for all respondents and higher for subgroups.

About Brookfield Residential Property Services

Brookfield Residential Property Services is a leading global provider of real estate and relocation services, technology and knowledge. The company’s portfolio consists of leading brands, including Brookfield Global Relocation Services, the second largest provider of global relocation services, Prudential Real Estate, Brookfield Real Estate Services, Royal LePage, Real Living, Via Capitale and Centract. Through its real estate brands, it has nearly 80,000 real estate professionals in more than 2,800 locations, who transact over $150 billion annually. Its global footprint spans North America, the United Kingdom, France, China, Singapore, India, Brazil and Australia, and includes more than 2,500 employees worldwide. It is a division of Brookfield Asset Management, a global asset manager with approximately $150 billion of assets under management.

 

Brookfield Real Estate and Relocation Affiliates Inc. is a part of Brookfield Residential Property Services’ integrated real estate brokerage franchise company. Its Prudential Real Estate franchisees are independently owned and operated. Companies are selected based upon outstanding performance records and high levels of customer service.

 

Prudential Real Estate provides franchisees with business strategies using Operation Reviews. Other benefits include access to Prudential Real Estate’s Online Seller Advantage® program, designed to provide real-time information to sellers with the touch of a keystroke, and Online Buyer Advantage®, which enables consumers to easily search for properties in all 50 states and the District of Columbia. Prudential Real Estate is one of the largest real estate brokerage franchise networks in North America, with more than 1,500 franchise offices and 50,000 sales professionals as of December 31, 2011.

 

Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities and are used under license, with no other affiliation with Prudential.

 

 
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Posted by on July 16, 2012 in Real Estate

 

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It’s July 2012 – What’s Your Real Estate Goal?

It is officially the beginning of the third quarter of the year.  The mortgage interest rate is still SUPER low.  It is DEFINITELY a good time for Buyers and Sellers to reach their real estate goals!  Let my team and I know your real estate goals and we can help with Buy, Sell, and Invest in Real Estate.  Our result proven marketing strategy has assisted many owners with selling/leasing their homes.

Take a look at some of the homes that we have sold below and how we market them differently than anyone else in the same industry.

Real Estate Marketing for buying, selling, and investing by Jonathan Chi. Marketing fliers with video tour links and QR codes.

 

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Everyone wants to know – is the CA Real EstateMarket Turning?

Home price up for 2 months in a row.  Price beginning to turn heads.  California’s housing market faces tight inventory conditions (4.2 months supply vs average inventory level of about 7 months).

Ask me for details on your local real estate trend!

California Real Estate June Report by http://www.JonathanChi.com

June Market Snap Shot

 
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Posted by on July 1, 2012 in California, CA

 

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Short Sale or Foreclosure? What to consider before making the decision?

 
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Posted by on March 27, 2012 in Uncategorized

 

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First Weekend in 2012 – What Do You Want to Achieve in 2012?

Do you or someone you know want to buy a first home?
Want to upgrade into a larger home?
Would you like to purchase a 2nd home?
Want to purchase an investment property?
Or, do you simply want to be in the loop with market trends?
I can help you all of the above.  Ask me for free and no obligation market updates that can be sent directly to your email!  Most of my clients are already on the list, so if you not receiving updates from me, please let me know.

Rancho Cucamonga Brighton II Condo

Completed Remodeled – 6.02% ROI after All Expense – Sold & Leased in 8 Days!

Rancho Cucamonga and Fontana Trend by 1/5/11

*How to read it

# of Month Supply including pending and backup
= (356 + 321) / 116 = 5.8

# of Month Supply Active Listing Only
= 356 / 116 = 3.1

What does these numbers mean??

If there is no new listing in Rancho Cucamonga starting today, we will run our of homes for sale in 3.1 months!

Just list by my team! 7353 Ellena West # 71, Rancho Cucamonga, CA 91730

  • Offered for Sale for $255,000
  • 2003 Built / 3 bedrooms / 2.5 baths / 1,549 sq’ft
  • Community Pool and Spa
  • 2-Car Attached Garage

We received great activities and offers for the first 3 days of listing!

Must Sell!  10848 Deer Canyon DR , Alta Loma 91737

  • Offered for Sale for $717,500
  • Prestigious Deer Creek Estate
  • 3,076 sq’ft / 4 bedrooms / 3 baths / 21,045 sq’ft lot
  • Gorgeous Pool and Spa!
  • Los Osos High School
  • Half Acre Lot
  • Corporate-Owned! Must Sell!

Sneak Preview – Coming on the Market Next Week!

Last but not Least – If you know someone that might be in financial distress,  please let them know that they do have options. My team and I have successfully assisted more than 72 home owners in 2011 with their short sales.  Call for a discreet and no obligation consultation.  We are here to help.

Comments and feedbacks are always welcome.  Please feel free to give me a call if you have any questions or need any assistance.

*Information courtesy of CRMLS and Kim Senencal of Prudential California Realty.  Figures reflects actual transactions but Individual results may vary.  Information deem accurate but shall not be relied without verification.

 
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Posted by on January 7, 2012 in VIP Network

 

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