Things that you must know about Bay Area Home Lending

Things that you must know about Bay Area Home Lending

Every Tuesday, I go into detail a question I frequently get asked. What do you need to know about Bay Area Home Lending?


This is the first step that needs to be done before looking for a home! You want to understand what your loan ceiling is as this is what I call a hard ceiling. There isn’t a point of looking at properties above this amount unless you are able to get gift money or financial support from others. Nevertheless, there are alot of lenders and loan programs out there, so what do you do?


Banks constantly change their guidelines and take turns being the most competitive but there are a few things to be aware of. I do what I can to constantly monitor and track the strengths/weaknesses of each bank so that my clients can get an advantage.


There are two common types of loan programs. A 30 year fixed rate, or an Adjustable rate mortgage. Many people decide between the two based off of how they feel about interest rates changing in the future and their time horizon of owning the property. If you are certain that you will be using the home as a tradeup and plan to sell within 5-7 years, many people opt for the ARM rate and save money on their monthly payments. ARM rates are typically lower by 0.25% to 0.5% from a 30 year fixed rate.


When it comes to home purchases that require at least a $250k+ down payment, Wells Fargo is currently very hard to beat. They still have a program called Assets Under Management which allows clients to buy down rates with money that they would’ve used for down payment anyways! Other private client programs require the money to stay in the account after the transaction takes place so this is a great benefit for those that know about it.


Physician loans, especially tied with companies like Kaiser, has some of the best programs out there. Depending on what kind of offer you receive from a local Kaiser, many physicians at Kaiser have down payment assistance where Kaiser covers 10% of your down payment. Physicians, without support from their company have loan programs that can buy with 5% down, will have no mortgage insurance, and can buy up to $1.2M. Mortgage insurance is a extra monthly cost that you pay since you don’t have much skin in the game initially in the home. You may ask, wait if Kaiser can cover 10%, and a standard physician loan requires 5%, does this mean I don’t need to put any money down? Bingo! You can reach out to me to learn more about this as to how this process works but you can note for all of your physician friends, there isn’t much of an excuse to not be a homeowner! BBVA has the best programs for this.


If you are a first time buyer, you don’t have to buy with 20%. That is a misconception. There are plenty of programs for as low as 3.5% down for everyone to take advantage of. There is a max of your purchase amount of up to $765,600 but there are plenty of properties all throughout the Bay Area to get in this category. People ask me, but there is mortgage insurance? It’s always better to get into the homeownership side of the table than as a renter where that is a guarantee sunk cost. As the value of your home rises over time, you also have the option to refinance the PMI out since the PMI is needed due to initially having very little equity/skin in the game. It also accelerates you and frees up that capital to do other things with your money. Mortgage brokers are great candidates for this and tend to be more flexible than banks.


All of these are great options because you are leveraging record low interest rates and getting out of the rental space. I have great lending partners as very much like Realtors, there are a lot of loan officers out there and they are not all equal from a knowledge perspective, communication, and work ethic.. If you or anyone you know is considering to buy, sell, or invest in the Bay Area, let’s talk! I’m never too busy to be introduced and I have helped several clients from these videos itself! If you liked this video, be sure to share it with your friends, leave a comment with what you think, hit that like button and subscribe to my youtube channel! I look forward to seeing you at the next one.


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If you’re interested in buying, selling, or investing in residential or commercial real estate in the 📍SF Bay Area, contact me today!


📧Spencer@spencerhsu.com

📞 (408) 547-4590

⏰ Set up a time to chat: https://calendly.com/spencerhsure

🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/

🎙️ Listen to my podcast: https://redcircle.com/shows/bayarearealestate

📸Follow me on Instagram: https://www.instagram.com/spencerhsure

🧑‍💼 Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu

🛎 Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/c5xkznHLTBh7Yzgi7

🏠💲 Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW

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My Background: Born and raised in the Bay Area, I spent 11 years as Technology Sales Manager before becoming a Realtor. Having personally invested and done renovations through house flips in the Bay Area, I wanted to help busy professionals in the Bay Area tech industry find their dream home by leveraging tech, data and local insights. Our team specializes in creating trusted frameworks of buying, selling, and investing in the Bay Area. In 2022, we are thrilled to share that we have helped 80 clients in the Bay Area with their moves, which positions our team as the Top 1% groups in the country. Looking forward to helping you into your next home and save/earn you more money!

Spencer Hsu, MBA, Realtor

Spencer@SpencerHsu.com

408-547-4590

EXP Realty DRE #02077253

https://www.homesbyspencerhsu.com/

#BayAreaRealEstate

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Bay Area Real Estate Market Update March 25, 2022 | Bay Area Homebuying Will Be CRAZY This Spring!

Bay Area Real Estate Market Update March 25, 2022 | Bay Area Homebuying Will Be CRAZY This Spring!

Every week, I go over news that can affect Bay Area Real Estate. I look into market statistics and data that can affect the Silicon Valley Real Estate Market. Tune in weekly and ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor— TIMESTAMPS — 00:00 Intro00:33 Weekly News Highlights - Real estate experts predict buying a Bay Area home this spring will be harder than ever03:37 Is now the hardest time to buy a Bay Area home?08:29 Gen Z Moving To San Francisco More Than Any Other Group9:51 Many Californians Are Trading One High-Cost City for Another: New York - Mansion Global13:08 Tiny homes are in demand amid the Bay Area's real estate affordability crisis17:58 East Coast developer expands into Bay Area, buys prime Peninsula site19:21 Market Updates - San Mateo County 20:41 Santa Clara County21:32 Alameda County— WEEKLY HIGHLIGHTS —Real estate experts predict buying a Bay Area home this spring will be harder than everIs now the hardest time to buy a Bay Area home?Gen Z Moving To San Francisco More Than Any Other Group Many Californians Are Trading One High-Cost City for Another: New York - Mansion GlobalTiny homes are in demand amid the Bay Area's real estate affordability crisisEast Coast developer expands into Bay Area, buys prime Peninsula site— MARKET DATA CHARTS — https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingCall or Text us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor🌍Find your dream Bay Area home www.homesbyspencerhsu.com📸Follow me on Instagram: https://www.instagram.com/bayareatechrealtor🧑‍💼Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu🛎Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/c5xkznHLTBh7Yzgi7🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW— My Background — Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. I worked with 57 families in 2021 buy and sell locally for over $80MM which helped me become a top 1% Realtor in the Bay in record breaking time!Looking forward to helping you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408) 547-4590 EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

25 Maalis 202223min

Bay Area Real Estate Market Update March 18, 2022 | Gen Z Renters Are LOVING These Bay Area Cities!

Bay Area Real Estate Market Update March 18, 2022 | Gen Z Renters Are LOVING These Bay Area Cities!

Every week, I go over news that can affect Bay Area Real Estate. I look into market statistics and data that can affect the Silicon Valley Real Estate Market. Tune in weekly and ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor— TIMESTAMPS — 00:00 Intro00:28 Weekly News Highlights - Gen Z renters targeting Bay Area: report | KRON403:09 Bay Area Homes Selling for Six Figures Over Asking at Astronomical Rate – NBC Bay Area04:13 An $800k overbid wins a three-bedroom in Sunnyvale5:50 1668 Hummingbird Ln, SUNNYVALE, CA 94087 | MLS# ML81875799 | Redfin9:17 SF-Based Drawbridge Realty Aims To Double Office Portfolio In Three Years10:28 Fortinet widens East Bay property deals amid Silicon Valley growth11:19 Developer Pays $20M For San Carlos Site Approved For Life Sciences Project12:06 Market Updates - San Mateo County 13:23 Santa Clara County14:11 Alameda County— WEEKLY HIGHLIGHTS —Gen Z renters targeting Bay Area: report | KRON4Bay Area Homes Selling for Six Figures Over Asking at Astronomical Rate – NBC Bay AreaAn $800k overbid wins a three-bedroom in Sunnyvale1668 Hummingbird Ln, SUNNYVALE, CA 94087 | MLS# ML81875799 | Redfin SF-Based Drawbridge Realty Aims To Double Office Portfolio In Three YearsFortinet widens East Bay property deals amid Silicon Valley growthDeveloper Pays $20M For San Carlos Site Approved For Life Sciences Project— MARKET DATA CHARTS — https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingCall or Text us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor🌍Find your dream Bay Area home www.homesbyspencerhsu.com📸Follow me on Instagram: https://www.instagram.com/bayareatechrealtor🧑‍💼Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu🛎Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/c5xkznHLTBh7Yzgi7🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW— My Background — Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. I worked with 57 families in 2021 buy and sell locally for over $80MM which helped me become a top 1% Realtor in the Bay in record breaking time!Looking forward to helping you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493 EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

21 Maalis 202216min

Bay Area Real Estate Market Update March 11, 2022 | California Lawmaker Proposes 25% Tax on Real Estate Investors?!

Bay Area Real Estate Market Update March 11, 2022 | California Lawmaker Proposes 25% Tax on Real Estate Investors?!

Every week, I go over news that can affect Bay Area Real Estate. I look into market statistics and data that can affect the Silicon Valley Real Estate Market. Tune in weekly and ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor— TIMESTAMPS — 00:00 Intro00:53 Weekly News Highlights - California Lawmaker Proposes 25% Tax on Real Estate Investors to 'Level Playing Field' – NBC 7 San Diego07:24 The Post-Pandemic Geography of the U.S. Tech Economy09:51 Bay Area home prices headed one way -- up11:08 Bay Area rents are approaching pre-COVID levels. These are the cities where prices are rising fastest12:53 Homeowners gain $8.2 trillion in housing wealth over 10 years - HousingWire15:22 Overbidding on SF homes surges to four-year high17:19 Boston Life Science Developer to Expand to West Coast Amid Region's Lab Boom22:29 Layoffs, again: Better.com to ax 3,000 employees - HousingWire27:22 Market Updates - San Mateo County 28:34 Santa Clara County29:21 Alameda County20:34 San Francisco County21:09 Marin County21:28 Contra Costa County— WEEKLY HIGHLIGHTS —California Lawmaker Proposes 25% Tax on Real Estate Investors to 'Level Playing Field' – NBC 7 San DiegoThe Post-Pandemic Geography of the U.S. Tech EconomyBay Area home prices headed one way -- upBay Area rents are approaching pre-COVID levels. These are the cities where prices are rising fastestHomeowners gain $8.2 trillion in housing wealth over 10 years - HousingWireOverbidding on SF homes surges to four-year highBoston Life Science Developer to Expand to West Coast Amid Region's Lab BoomLayoffs, again: Better.com to ax 3,000 employees - HousingWire— MARKET DATA CHARTS — https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingCall or Text us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor🌍Find your dream Bay Area home www.homesbyspencerhsu.com📸Follow me on Instagram: https://www.instagram.com/bayareatechrealtor🧑‍💼Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu🛎Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/c5xkznHLTBh7Yzgi7🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW— My Background — Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. I worked with 57 families in 2021 buy and sell locally for over $80MM which helped me become a top 1% Realtor in the Bay in record breaking time!Looking forward to helping you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493 EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

11 Maalis 202230min

Bay Area Real Estate Market Update March 4, 2022 | Bay Area Google Workers Head Back to the Office!

Bay Area Real Estate Market Update March 4, 2022 | Bay Area Google Workers Head Back to the Office!

Every week, I go over news that can affect Bay Area Real Estate. I look into market statistics and data that can affect the Silicon Valley Real Estate Market. Tune in weekly and ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor— TIMESTAMPS — 00:00 Intro00:28 Weekly News Highlights - Google will require Bay Area office workers to return in April 06:52 Mayor Breed wants office workers to return to SF, but not everyone is on board08:46 Google village in downtown San Jose could achieve $19 billion value12:11 Alameda biotech HQ building is bought for more than $150 million12:36 Big Redwood City office park is bought, property market stays hot13:05 Amazon leases big Hayward tech building now being constructed14:51 Big investors snapping up homes -- but not in the Bay Area16:58 Market Updates - San Mateo County 17:57 Santa Clara County19:21 Alameda County20:34 San Francisco County21:09 Marin County21:28 Contra Costa County— WEEKLY HIGHLIGHTS —Google will require Bay Area office workers to return in April after repeated delaysMayor Breed wants office workers to return to SF, but not everyone is on boardGoogle village in downtown San Jose could achieve $19 billion valueAlameda Biotech Office HQ Buys 158M Real Estate DevelopmentBig Redwood City office park is bought, property market stays hotAmazon leases big Hayward tech building now being constructedBig investors snapping up homes -- but not in the Bay Area— MARKET DATA CHARTS — https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingCall or Text us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor🌍Find your dream Bay Area home www.homesbyspencerhsu.com📸Follow me on Instagram: https://www.instagram.com/bayareatechrealtor🧑‍💼Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu🛎Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/c5xkznHLTBh7Yzgi7🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW— My Background — Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. I worked with 57 families in 2021 buy and sell locally for over $80MM which helped me become a top 1% Realtor in the Bay in record breaking time!Looking forward to helping you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493 EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

5 Maalis 202223min

Bay Area Real Estate Market Update February 25, 2022 | How is the Real Estate Market Affected by War?!

Bay Area Real Estate Market Update February 25, 2022 | How is the Real Estate Market Affected by War?!

Every week, I go over news that can affect Bay Area Real Estate. I look into market statistics and data that can affect the Silicon Valley Real Estate Market. Tune in weekly and ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor— TIMESTAMPS — 00:00 Intro00:32 Weekly News Highlights - How the Modern Real Estate and Stock Market is Affected by War06:23 Google restores pre-pandemic perks and lifts mask mandates in Bay Area offices - CNN08:06 Office building deal points to downtown Palo Alto property slump09:19 New California law adds to Prop. 19 rush for North Bay property-tax transfers11:07 Home Prices Skyrocketed in December11:57 As rents soar, is it cheaper to rent or buy in the Bay Area?14:00 Mortgage rates jump to 3.92% amid high inflation - HousingWire15:10 Vacant East Bay Office Building will House Homeless Residents17:13 Market Updates - San Mateo County 18:20 Santa Clara County20:16 Alameda County21:18 San Francisco County— WEEKLY HIGHLIGHTS —How the Modern Stock Market is Affected by WarThe 7 Best Inflation Hedge Assets and ETFs for 2021Google restores pre-pandemic perks and lifts mask mandates in Bay Area offices - CNNOffice building deal points to downtown Palo Alto property slumpNew California law adds to Prop. 19 rush for North Bay property-tax transfersHome Prices Skyrocketed in DecemberAs rents soar, is it cheaper to rent or buy in the Bay Area?Mortgage rates jump to 3.92% amid high inflation - HousingWireVacant East Bay Office Building will House Homeless Residents— MARKET DATA CHARTS — https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingCall or Text us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor🌍Find your dream Bay Area home www.homesbyspencerhsu.com📸Follow me on Instagram: https://www.instagram.com/bayareatechrealtor🧑‍💼Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu🛎Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/c5xkznHLTBh7Yzgi7🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW— My Background — Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. I worked with 57 families in 2021 buy and sell locally for over $80MM which helped me become a top 1% Realtor in the Bay in record breaking time!Looking forward to helping you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493 EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

26 Helmi 202223min

Bay Area Real Estate Market Update February 18, 2022 | Job market rebounds from Silicon Valley's tech boom!

Bay Area Real Estate Market Update February 18, 2022 | Job market rebounds from Silicon Valley's tech boom!

Every week, I go over news that can affect Bay Area Real Estate. I look into market statistics and data that can affect the Silicon Valley Real Estate Market. Tune in weekly and ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor— TIMESTAMPS — 00:00 Intro00:34 Weekly News Highlights - Silicon Valley job market bounces back strongly, inflation soars: report02:15 Report: Amazon Exploiting Zoning Laws to Buy Up CA Bay Area Land03:45 Bay Area mall The Shops at Tanforan will be razed for a massive biotech campus05:48 Construction resumes on huge tech campus in downtown San Jose07:04 2021 California Office Sales Report: Strong Recovery in Most Markets14:26 Los Gatos retail center anchored by big grocery store is bought15:01 The Bay Area's 'most majestic land', at the center of feud, gets a $32 million price cut17:45 Current Interest Rates Update21:24 Market Updates - San Mateo County 22:58 Santa Clara County— WEEKLY HIGHLIGHTS —Silicon Valley job market bounces back strongly, inflation soars: report Report: Amazon Exploiting Zoning Laws to Buy Up CA Bay Area LandBay Area mall The Shops at Tanforan will be razed for a massive biotech campusConstruction resumes on huge tech campus in downtown San Jose2021 California Office Sales Report: Strong Recovery in Most MarketsLos Gatos retail center anchored by big grocery store is boughtThe Bay Area's 'most majestic land', at the center of feud, gets a $32 million price cut— MARKET DATA CHARTS — https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingCall or Text us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor🌍Find your dream Bay Area home www.homesbyspencerhsu.com📸Follow me on Instagram: https://www.instagram.com/bayareatechrealtor🧑‍💼Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu🛎Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/c5xkznHLTBh7Yzgi7🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW— My Background — Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. I worked with 57 families in 2021 buy and sell locally for over $80MM which helped me become a top 1% Realtor in the Bay in record breaking time!Looking forward to helping you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493 EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

18 Helmi 202227min

Bay Area Real Estate Market Update February 11, 2022 | WHY are affordable homes DISAPPEARING in the Bay Area??

Bay Area Real Estate Market Update February 11, 2022 | WHY are affordable homes DISAPPEARING in the Bay Area??

Every week, I go over news that can affect Bay Area Real Estate. I look into market statistics and data that can affect the Silicon Valley Real Estate Market. Tune in weekly and ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor— TIMESTAMPS — 00:00 Intro00:46 Weekly News Highlights - In San Jose, one 'affordable' home for 3,500 buyers04:10 Bay Area home prices soared at record clip in 202104:56 San Jose has the third highest 'equity rich' homes in the US07:34 You might not notice it, but SF's Portola neighborhood has its largest housing project in 50 years.09:24 As new Bay Area SB9 housing applications grow, so does rift between suburbs, developers11:17 Woodside, California, says mountain lions make wealthy town exempt from building affordable housing - The Washington Post12:49 Big Peninsula life sciences and office building is bought by major players13:19 Silicon Valley Office Improves Covid Economy 15:01 Building boom for Silicon Valley offices reaches six-year high17:50 Market Updates - San Mateo County 20:42 Santa Clara County22:23 Alameda County— WEEKLY HIGHLIGHTS — In San Jose, one 'affordable' home for 3,500 buyersBay Area home prices soared at record clip in 2021San Jose has the third highest 'equity rich' homes in the USYou might not notice it, but SF's Portola neighborhood has its largest housing project in 50 years.As new Bay Area SB9 housing applications grow, so does rift between suburbs, developersWoodside, California, says mountain lions make wealthy town exempt from building affordable housing - The Washington PostBig Peninsula life sciences and office building is bought by major playersSilicon Valley Office Improves Covid EconomyBuilding boom for Silicon Valley offices reaches six-year high — MARKET DATA CHARTS — https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharing Call or Text us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor🌍Find your dream Bay Area home www.homesbyspencerhsu.com📸Follow me on Instagram: https://www.instagram.com/bayareatechrealtor🧑‍💼Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu🛎Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/c5xkznHLTBh7Yzgi7🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW— My Background — Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. I worked with 57 families in 2021 buy and sell locally for over $80MM which helped me become a top 1% Realtor in the Bay in record breaking time!Looking forward to helping you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493 EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

11 Helmi 202225min

Bay Area Real Estate Market Update February 2, 2022 | 40,000 Empty Homes in San Francisco?!

Bay Area Real Estate Market Update February 2, 2022 | 40,000 Empty Homes in San Francisco?!

Every week, I go over news that can affect Bay Area Real Estate. I look into market statistics and data that can affect the Silicon Valley Real Estate Market. Tune in weekly and ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor— TIMESTAMPS — 00:00 Intro00:28 Weekly News Highlights - SF has 40,000 empty homes. Would taxing them help solve the city's housing crisis?02:26 Big Pleasanton office complex lands buyer; deal points to wobbly area prices03:59 Gene Editing Firm Signs 85K sf Lease to Relocate, Expand South SF Headquarters05:04 Bay Area's great migration is creating a 'Megaregion' as residents move out, not away - ABC7 San Francisco05:59 Dublin Is One Of America's Fastest Growing Cities: Quicken Loans07:48 As home prices skyrocketed, sellers made killer profits in 2021 - HousingWire09:00 Market Updates - San Mateo County 09:49 Santa Clara County10:34 Alameda County12:10 San Francisco County— WEEKLY HIGHLIGHTS —  SF has 40,000 empty homes. Would taxing them help solve the city's housing crisis? Big Pleasanton office complex lands buyer; deal points to wobbly area prices Bay Area's great migration is creating a 'Megaregion' as residents move out, not away - ABC7 San Francisco Dublin Is One Of America's Fastest Growing Cities: Quicken Loans Gene Editing Firm Signs 85K sf Lease to Relocate, Expand South SF Headquarters Intuitive Surgical widens buying binge for Sunnyvale properties As home prices skyrocketed, sellers made killer profits in 2021 - HousingWire — MARKET DATA CHARTS — https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharing Call or Text us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor🌍Find your dream Bay Area home www.homesbyspencerhsu.com📸Follow me on Instagram: https://www.instagram.com/bayareatechrealtor🧑‍💼Let's connect on LinkedIn: https://www.linkedin.com/in/spencerhsu🛎Don’t forget to subscribe for the latest real estate tips and updates: https://forms.gle/c5xkznHLTBh7Yzgi7🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMW— My Background — Born and raised in the Bay Area, I spent 11 years in Startup Technology Sales before becoming a full-time Realtor. Having personally invested and done renovations in the Bay Area, I wanted to help busy colleagues in the Bay Area technology industry find their dream home by leveraging tech, data and insights. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. I worked with 57 families in 2021 buy and sell locally for over $80MM which helped me become a top 1% Realtor in the Bay in record breaking time!Looking forward to helping you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493 EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

4 Helmi 202213min

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