Haylen Group

The graph below shows the sales price in East Bay from Feb. 2020 to Feb. 2021. During the pandemic, more and more people are looking for homes in East Bay due to its relatively affordable price, which resulted in increases of 10% - 20% in almost all of these East Bay areas. Get more stats on Bay Area Housing Market: https://www.haylengroup.com/march-2021-bay-area-housing-ma/

https://youtu.be/UJhD1Cy5Uvw

As we’ve been talking about in our monthly housing market updates, starting 2021 Q2, we should start seeing some increases in the mortgage rate, and sure enough, it did increase. The rate had been going down during the pandemic, but in January, it has gone up slightly and in March, it just hit 3.02% for Freddie Mac's 30-year fixed rate. More housing market stats can be found on our blog: https://www.haylengroup.com/march-2021-us-housing-economic/!

No matter what we do and how small we are, we can always make a difference! Helen's book - Power to Change Lives is now available for pre-ordering at http://bit.ly/power-to-change-lives! By authoring a biography about her experiences as a female minority immigrant, she hopes to inspire others to use their Power within themselves to Change Their Lives for the better. You can also download a free chapter here: https://go.powertochangelives.com/chapter.

Redwood City warehouse under contract in just 5 days! This property includes a 4107sf +/- Lot with a 2440sf +/- building with 3 roll-up doors, M1 Zoning. 11ft clear height. 240amp/3phase power. Occupy one and rent out the other unit and the 970sf +/- gated yard space. Definitely a great owner, user, or investment opportunity!

https://youtu.be/td6JvCNoENQ

10 of the top 25 cities with falling rents are in the Bay Area. When will the rents stop plunging? Will the rents come back when ‘work from home’ is over? https://youtu.be/_f01NZIBn9w

While we do not have nearly as many foreclosures on the market as in the last recession, there are a lot of forbearances. The delinquency rate did shoot up during the pandemic, but it has been dropping. As of October, it has improved and fallen to 6.44%, which is the lowest since March. Read more latest updates on housing market at: https://www.haylengroup.com/december-bay-area-housing-mark/

I want to introduce you to our new addition, Marvine Chi to the Haylen Group family! Aside from his great follow ups and attention to detail during our first email communication, I was blown away by his determination to raise the bar in our Real Estate Industry. It felt like I was talking to myself, and we completely aligned on our vision. I am so excited to have you join our family! We look forward to many more years of partnership! To learn more about Marvine, please see his bio here: https://www.haylengroup.com/agent/marvine-chi/

Please help me welcome our new addition, Marvine Chi to the Haylen Group family! Aside from his great follow ups and attention to detail during our first email... communication, I was blown away by his determination to raise the bar in our Real Estate Industry. It felt like I was talking to myself, and we completely aligned on our vision. I am so excited to have you join our family! We look forward to many more years of partnership! To learn more about Marvine, please see his bio here: https://www.haylengroup.com/agent/marvine-chi/

I haven’t been sleeping much in the last couple of weeks, due to a few year end planning events because my thoughts went into reflection of 2020 and hopes for 2...021. I have put together my thoughts on presentations and speeches, while continue to serve our clients, and growing the team. The last time our team got together was in February, and we have gone virtual ever since. Some of us have elderlies with high risk Heath issues at home, so we take Covid safety precautionary efforts very seriously. I am so proud of our team, for their selfless acts to protect others and their loved ones. After all that, it didn’t stop us from working hard, not only we reached our goals this year but we made huge improvements from last year! 8 years ago, I started Haylen Group with one person (not much of a group) and a vision while sitting in my ‘office’ inside the kitchen where I was multitasking between being a mom of a 1.5 year old, a new born AND starting my real estate career all over again in a new city without any help. I asked Susanna Leung to try out real estate, as I could teach her the business, we could divide and conquer while growing our families. 8 years later, she becomes the cornerstone for HAYLEN and its core value, we grew slowly with my brother in law Peter Whang, Anthony Wong as our intern during college initially to now a star agent, Trey Zhou went from being a client to becoming part of our team and Jose Monar who took ambition to another level. #HAYLENGroup does not have any hardcore sales agents, rather, we are hardcore advisors that our clients seek. We wrapped up 2020 with two new team members: Marvine Chi and Celine Mui Simon who have impressive ambition, love for professionalism and humility. I have met so many new agents, but these two stood out far above others as they carry the same objective as HAYLEN. I have been trying to do everything myself, and I just can’t do it all anymore. 2020 was a blessing to have Ryan Murdoch, Andi Cummings and Yirong Ding to help me tackle different aspects of our team and help us in growing HAYLEN’s operation. Life is not a sprint, but a marathon. To grow, we got to grow from the hearts...one step at a time with persistence, and not to take each step lightly. Maybe to some, getting that gold medal is all they strive for, and you got to do whatever it takes to get it. But to me, success is when you are able to finish the race each time better than the previous one. THANK YOU all for entrusting in HAYLEN and I wish you all to be surrounded by your loved ones virtually until we beat COVID!

It’s ok if this old school building is in the way of developments...just move it! Tell the kids to take a different route next time! https://youtu.be/Gwu4ovaSiQY

If you are looking for a multifamily property to invest in, then maybe you should consider suburban areas! CBRE's Global Chief Economist Richard Barkman suggests that "suburban multifamily will outperform urban, maintaining lower vacancy and achieving higher rent growth". He also states that the 2019 rent control legislation was actually hurting the markets and is not the answer for housing affordability issue, but increased housing supply is. ... Read more on the latest Bay Area Housing Market Updates on our blog: https://www.haylengroup.com/december-bay-area-housing-mark/!

It costs around $115k to print a studio and $165k to print a 2bd ADU plus cost of foundation, site plan...etc, is this worth it? Your thoughts? https://youtu.be/bn7TzG9-VEg

What do you think of future home prices? Will it continue to go up? Comment below to let us know! Real estate experts have given their projections and they are looking very optimistic. Zelman has adjusted its projection to a 5.9% increase, while CoreLogic went from a 1% decrease to a 0.6% increase. Want to see more housing market data? Watch the latest Bay Area Housing Market Update from the webinar on Oct. 14th: www.haylengroup.com/hg-tv/!

Can you imagine becoming a millionaire in five years just by investing in one building? On top of that, it doesn't have to be a large building if you select the right property. In this Forbes article, our founder Helen Chong shares with you the strategies to choose a property with a high potential of value increase, and shows the opportunities to create one million dollars in wealth through real estate investing.

If you’ve watched our October Housing Market Update last week, you may remember that I had mentioned Zellman increased their housing price appreciation projection very optimistically from 3% to 5.9%. Watch this interview just 4 days ago! https://youtu.be/5wLlA4e4Wks

Amazon bought approx 18 acres to build distribution center in south end of downtown San Jose (east of Willow Glen neighborhood). https://youtu.be/WUgq8vytMYU

Didn't get a chance to join the Bay Area Housing Townhall on Wednesday? The latest housing market update and webinar recording are now available! Catch up here: www.HAYLENGroup.com/HG-TV/ Learn the Bay Area housing market effects amid mortgage forbearance, elections, and US Economy, and hear San Jose's plan for facilitating opportunities and economic growth from San Jose's Economic Development Officer Nathan Donato-Weinstein!

As you can imagine, I have seen hundreds of letters from buyers...and have talked to hundreds (thousands?) of homebuyers why they need a new home. Without fail..., I tear up EACH time when I read something like this. "All the homes we looked at had the physical features we needed but this one had a quality that others were missing - a sense of warmth and comfort, that feeling of home. And we knew instantly that it was the place where we wanted to start a family." "After months of searching, it was only at your home that we sensed that feeling called home, the same feeling from ten years ago. " This is why I can't get away from Residential Real Estate! I love this feeling when our clients fall in love with a #HOME. Unfortunately, some of their offers don't win them the house but that makes us even more adamant that we will find another one that can give them the same sense of HOME again. #NeverGiveUp

I can't tell you how much information we are about to share...from Local Real Estate markets within the Bay Area, to Economic Update, Mortgage Update, Multifami...ly Update AND what's City of San Jose going to do to promote growth amid COVID-19! Listen in or better yet, register and join us! www.HAYLENGroup.com/TOWNHALL See more

I am extremely honored to have GENE TROWBRIDGE, a renowned CCIM instructor with over 40 years of teaching experience as well as a highly sought speaker who has spoken in over 250 seminars around the country to speak at our NorCal CCIM chapter! Don't miss this and show up to our webinar!

We are so excited to speak to @Nathan Donato-Weinstein on Wednesday from 4-5pm to hear the inside scoop on all the opportunities and developments in the city of San Jose amid COVID-19! Don’t forget to register on www.HAYLENGroup.com/townhall

Mark your calendar for this Wednesday at 4 pm PST! Nathan Donato-Weinstein from the San Jose's Economic Development Office will speak to us at the Bay Area Housing Townhall about the city's plan for facilitating opportunities and economic growth amid COVID-19. Register today at: www.HAYLENGroup.com/Townhall/ and join us this Wednesday!

SUNNYVALE A big apartment complex in Sunnyvale has been bought by local buyers who are the latest to grab properties in a section of that city that’s become a hotbed for investment this year. http://ow.ly/7jNS50BIjQH

Congratulations to our client on their very first home purchase. Got their offer accepted $34k under list, and they even got to do inspections . Even though their loan got a lil complicated they got through it. Happy to have handed over the keys!