Bay Area Real Estate News, Insights, Market Data, and Strategies | Spencer Hsu Real Estate13 Elo 2020

Proptech Talk Thursday | Homebound

I'm delighted to introduce a new series called Proptech Talk Thursday. Every Thursday, I will interview executives at a Proptech company or provide my candid reviews/thoughts. The Real Estate industry is one of the slowest to adopt technology as one of the reasons is it’s extremely fragmented. However, it doesn’t stop companies to try to figure out solutions for these really big problems. This week, let’s take a look at Homebound. Think of them as a tech-enabled general contractor.

As of January 2020, Homebound has raised a $35M Series B round totaling $53M. They claim to have developed tools to track and manage 370 unique tasks when building a home. Anyone that has done renovations, knows there are all of the components involved. This is magnified when dealing with ground up construction where there are even more complexities. They currently cover Sonoma, Napa, and Contra Costa county, Los Angeles and Ventura counties.

So what are my thoughts on this company? I think they are certainly onto several fronts. The industry is extremely fragmented as it’s hard enough to find good people that can be trusted time and time again. So the level of standard is very hard to come by and is even harder to scale. As they focus in certain areas, they can dominate those counties so as they go get permits/approvals, they may be able to bypass and streamline things with the city officials given the officials see them time and time again with the same processes. They may also leverage on supply discounts. Since they are basically a mini builder, they don’t have the downsides of the land costs, but have the potential volume of material whether it could be lumber, concrete, and standard appliances. The thing that makes this the most interesting is that if they can truly make it seem like the process of building is easy, it would democratize the construction industry itself allowing a lot more people to feel they have the confidence to build a home. This opens up a lot of interesting and creative in-fill opportunities all around.

What are the challenges? Their current model is that they play as a General Contractor and they sub out the work. A big challenge of this industry is finding reliable sub contractors in the different cities they operate. There is a big shortage of these talented individuals so hopefully they can come out with some sort of training program especially given unemployment is so high these days to train these subcontractors. Another challenge is that they are not widely known yet. The industry itself is really about referrals and those referrals are very tight knit. Top contractors and subcontractors are extremely busy so many people that they try to recruit, may not be very good subcontractors as they have plenty of work already. Technology is also not the easiest for construction workers to use. Construction workers have operated in a certain way for a very long time so for them to be trained on new tools and systems, is just not that simple.

I hope you enjoyed this new series.

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

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

Kokeile Premiumia

Nauti 14 päivää ilmaiseksi

Tilaa Premium

Jaksot(362)

Purchase Mortgage Market Sees its Best Days | Bay Area Real Estate Market Report April 16, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00)Every major Bay Area city has seen home values go up in the pandemic. Except for oneBig NYC investors grab Fremont buildings with life science tenants NetApp will move headquarters to San Jose’s Santana Row The purchase mortgage market is back on top Latest Market Data for all counties in the Bay Areahttps://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingTI/edit?usp=sharingSan Mateo County 8:37Santa Clara County 9:18Alameda County 10:59Contra Costa County 11:36San Francisco County: 12:57Marin County: 13:54🗓 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 https://www.homesbyspencerhsu.com/ 🎙️Listen to my podcast: https://bit.ly/3bJx88 📸Follow me on Instagram: https://www.instagram.com/bayareatech...🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn 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. 50 families have been helped in the last 15 months which positions me as a Top 1% Realtor. Looking forward to help you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

16 Huhti 202116min

Why Should YOU Sell in Today's Market?

It's a sellers market and your chance to take advantage of high buyer confidence is now, ESPECIALLY if you are living in the Bay Area currently. Homes are pushing record prices even as interest rates are rising! However, what does this all mean for sellers and if the market is so 🔥 then why move? Listen to my advice where I answer all of your questions here during today's video.If you are considering the move and ready to make the jump, reach out to me to talk about the process using one of the contact methods below, I'm always here to help!🗓 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 https://www.homesbyspencerhsu.com/🎙️Listen to my podcast: https://bit.ly/3bJx88📸Follow me on Instagram: https://www.instagram.com/bayareatech...🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn 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. 50 families have been helped in the last 15 months which positions me as a Top 1% Realtor. Looking forward to help you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

13 Huhti 20212min

Millions Projected to Enter the Housing Market | Bay Area Real Estate Market Report April 9, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00)Millions will enter housing market in 2021: Zillow (1:20) Waymo seeking more San Francisco office space - San Francisco Business Times (2:27) Tech, life sciences bolster commercial market in Bay Area (3:27) Real estate: Big investors grab Symantec Mountain View buildings (4:50)/ The State of Rental Real Estate in SF: Ziprent And The Rent Decline Reversal (5:48) CFPB proposes foreclosure ban until 2022 (8:09) These are the most competitive housing markets in the US (10:57) Latest Market Data for all counties in the Bay Areahttps://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingTI/edit?usp=sharingSan Mateo County 13:32Santa Clara County 14:56Alameda County 15:50Contra Costa County 17:16San Francisco: 17:37🗓 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 https://www.homesbyspencerhsu.com/ 🎙️Listen to my podcast: https://bit.ly/3bJx88 📸Follow me on Instagram: https://www.instagram.com/bayareatech...🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn 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. 50 families have been helped in the last 15 months which positions me as a Top 1% Realtor. Looking forward to help you!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

9 Huhti 202119min

GOOGLE IS BACK THIS MONTH! | Bay Area Real Estate Market Report April 2, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00)Google joins tech's reopening wave with April return to office (0:26) Bay Area home sells for $1 million over asking price (2:05) Private mortgage insurance industry boomed in 2020 (6:08) What Biden's infrastructure plan does for housing (8:07) Latest Market Data for all counties in the Bay Area https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingSan Mateo County 9:44Santa Clara County 10:48Alameda County 11:34Contra Costa County 12:12San Francisco: 12:57Marin County 13:23🗓 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 https://www.homesbyspencerhsu.com/ 🎙️Listen to my podcast: https://bit.ly/3bJx88 📸Follow me on Instagram: https://www.instagram.com/bayareatech...🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn 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. $41M+ YTD in happy transactions! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com (408)223-5493 EXP Realty DRE #02077253 #BayAreaRealEstate #TechRealtor

2 Huhti 202115min

No signs of exodus here! Google invests $1 billion | Bay Area Real Estate Market Report March 26, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00) No exodus here: Google to invest $1 billion on California real estate in 2021 (0:23) 'Deurbanizing' of Bay Area during the pandemic shocks North Bay housing markets (2:37)Dropbox subleases SF HQ to second biotech firm, reports nearly $400 million loss on real estate (3:32)Lennar triples down on homebuilding plans (5:35)Spencer Rascoff outfit Pacaso raises $75 million (6:45) Compass aims for $10B+ market valuation (8:36)White-label brokerage Side achieves unicorn status (8:53)Latest Market Data for all counties in the Bay Areahttps://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingSan Mateo County 10:33Santa Clara County 11:55Alameda County 12:56Contra Costa County 13:25San Francisco: 15:02🗓 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 https://www.homesbyspencerhsu.com/ 🎙️Listen to my podcast: https://bit.ly/3bJx88 📸Follow me on Instagram: https://www.instagram.com/bayareatech...🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn 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. $41M+ YTD in happy transactions! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com (408)223-5493 EXP Realty DRE #02077253 #BayAreaRealEstate #TechRealtor

26 Maalis 202117min

A SURGE in the Bay! COVID eases down | Bay Area Real Estate Market Report March 19, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area RealEvery week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00) The Bay Area real estate surge is back as COVID eases (0:27) Google to invest $7 billion in bet on post-pandemic office (1:17)https://www.wsj.com/articles/google-invests-7-billion-across-u-s-as-it-bets-on-the-post-p andemic-office-11616069081?st=kpm2q5wd3seflq0&reflink=article_email_share Real estate: Bay Area hotels in bankruptcy go on auction block (3:06) San Francisco office buildings are full of vacancies (4:11) Amazon Web Services to leave University Circle office in East Palo Alto (5:55) UWM releases jumbo product to frazzled brokers (6:52) Homebuilders are slowing production despite wild demand (8:16)Latest Market Data for all counties in the Bay Areahttps://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingTI/edit?usp=sharing10:41 San Mateo County11:29 Santa Clara County13:24 Alameda County13:49 Contra Costa County14:44 San Francisco 15:50 Marin County🗓 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 https://www.homesbyspencerhsu.com/🎙️Listen to my podcast: https://bit.ly/3bJx88📸Follow me on Instagram: https://bit.ly/2YpPQNJ🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn 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. $41M+ YTD in happy transactions!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

19 Maalis 202118min

Why 2021 will be a record year for Bay Area Real Estate!

2021 is looking to be THE year for Bay Area real estate. With January 2021 home sales exceeding goals and at their highest since 2009, we'll find out just why that is. The well paid engineers and tech professionals known to live in the area are now looking to invest long term as their future immigration status has a secure outlook with a new change in presidency. Combining that with IPOS, SPAC lockouts and a whopping $1.9 trillion stimulus plan in the works, people are looking to real estate as their prime investment opportunity! Continue watching as I talk numbers, results and tips!🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://calendly.com/techrealtor🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/🎙️Listen to my podcast: https://bit.ly/3bJx88📸Follow me on Instagram: https://bit.ly/2YpPQNJ🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn 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. $41M+ YTD in happy transactions!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

19 Maalis 20213min

San Francisco’s Second Largest Sale EVER! | Bay Area Real Estate Market Report March 12, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area RealEvery week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market. Tune in weekly and email me anytime if I can help! spencer@spencerhsu.com.Topics covered for the week:Intro (0:00) Dropbox headquarters selling for $1.08 billion in San Francisco's second-largest sale ever (:01) Top 10 US Biopharma Clusters (1:49) COVID: East Bay Town Of Mountain House Sees Pandemic Real Estate Boom (4:30) Spring housing market forecast: record purchase volume(6:30) Latest Market Data for all counties in the Bay Areahttps://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingTI/edit?usp=sharing10:02 San Mateo County13:25 Santa Clara County14:45 Alameda County15:10 Contra Costa County15:50 San Francisco 🗓 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 https://www.homesbyspencerhsu.com/🎙️Listen to my podcast: https://bit.ly/3bJx88📸Follow me on Instagram: https://bit.ly/2YpPQNJ🧑‍💼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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWBorn 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. $41M+ YTD in happy transactions!Spencer Hsu, MBA Tech RealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor

12 Maalis 202119min

Kaikki yhdessä sovelluksessa

Kuuntele kaikki suosikkipodcastisi ja -äänikirjasi yhdessä paikassa.

Sinulle valikoitua sisältöä

Podme-sovelluksessa kokoat suosikkisi helposti omaan kirjastoosi. Saat meiltä myös kuuntelusuosituksia!

Jatka kuuntelua koska tahansa

Voit jatkaa siitä mihin jäit, myös offline-tilassa.

Premium

9,99 €/kk

Kaikki premium-podcastit
Ei mainoksia
Ei sitoutumista, peruuta koska tahansa

Aloita 14 päivän kokeilu

Premium

13,99 €/kk

Kaikki premium-podcastit
Ei mainoksia
Ei sitoutumista, peruuta koska tahansa
Yksi lisäkäyttäjä

Kokeile 14 päivää maksutta

Suosittua kategoriassa Liike-elämä ja talous

Tarinat ja äänet, joita rakastat kuunnella

Kuuntele kaikki suosikkipodcastisi ja -äänikirjasi

Lue lisää