Bay Area Real Estate Market Update July 24, 2020 | Thinking of selling your house? Now may be the right time

Every week, I go over news that can affect Bay Area Real Estate. I look into news and data that can affect the Silicon Valley Real Estate Market. Tune in weekly and ask me anything!

TransUnion: the percentage of accounts in financial hardship began to level off in June

https://www.housingwire.com/articles/transunion-the-percentage-of-accounts-in-financial-hardship-began-to-level-off-in-june/

Purchase activity increases for 9th straight week year over year

https://www.housingwire.com/articles/mortgage-applications-climb-4-1-on-low-rates/

Home sales jump a record 21% in June, NAR says

https://www.housingwire.com/articles/home-sales-jump-a-record-21-in-june-nar-says/

1.4 million homes have accessory dwelling units, Freddie Mac says

https://www.housingwire.com/articles/1-4-million-homes-have-accessory-dwelling-units-freddie-mac-says/

Low inventory means higher prices for California’s housing market

https://www.housingwire.com/articles/low-inventory-means-higher-prices-for-californias-housing-market/

Two Reasons why we won’t see a rush of foreclosures

https://www.mykcm.com/2020/07/22/two-reasons-we-wont-see-a-rush-of-foreclosures-this-fall/

Thinking of selling your house? Now may be the right time

https://www.mykcm.com/2020/07/20/thinking-of-selling-your-house-now-may-be-the-right-time/

San Mateo, Santa Clara, San Francisco, Alameda, and Contra Costa Market Date Update

https://bit.ly/2WUkpe5

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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