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

Avsnitt(362)

How Experts Plan to Turn Office Buildings into Housing | Bay Area Market Update

How Experts Plan to Turn Office Buildings into Housing | Bay Area Market Update

Learn how you could be in for some savings as experts look to turn office buildings into housing in the Bay Area. With the Bay Area housing crunch in full effect, seeing this project fulfilled will hopefully increase housing supply enough to decrease the burden on renters and buyers.How might this factor into reducing inflation? Add that to the launch of California Association of Realtors' convenient California Rental Listing Service, the first statewide rental database.Mayor Breed angry with Musk? Zuckerberg and Meta reneging on a Mountain View lease? Plus, the land-clearing process begins at the site of Google's revolutionary San Jose transit village?I'll answer these questions and more LIVE this Saturday at 10 am PT. Ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com— TIMESTAMPS —00:00 Intro’00:54 Yes, S.F. Could Turn Empty Downtown Offices into Housing.09:15 S.F. Mayor Breed Slams Elon Musk and Calls Out Marc Benioff12:18 Meta Pulls Out of Mountain View Lease - Connect CRE13:16 Google Starts San Jose Village Excavation and Interior Building Tasks14:19 California Association of Realtors U.S.’s First and Largest Statewide Rental Listing Service— WEEKLY HIGHLIGHT —Yes, S.F. Could Turn Empty Downtown Offices into Housing.S.F. Mayor Breed Slams Elon Musk and Calls Out Marc BenioffMeta Pulls Out of Mountain View Lease - Connect CREGoogle Starts San Jose Village Excavation and Interior Building TasksCalifornia Association of Realtors U.S.’s First and Largest Statewide Rental Listing Service—🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/🎙️ Listen to my podcast: https://redcircle.com/shows/spencerhsubayarearealtor📸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 helped 64 families find homes in 2021 ($80MM in transactions) and have helped 48 as of halfway through 2022, which positions me as a Top 1% Realtor in the area.Looking forward to helping you! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com 408-547-4590EXP Realty DRE #02077253https://www.homesbyspencerhsu.com/#BayAreaRealEstate​​ #TechRealtor

22 Okt 202216min

High Inflation in the US is Here to Stay | Bay Area Market Update October 15, 2022

High Inflation in the US is Here to Stay | Bay Area Market Update October 15, 2022

High inflation in the US is here to stay. Which goods and services are affected by inflation, and what can you do about it? What does this mean for the Bay Area real estate market? How does it affect Bay Area businesses?I'll answer these questions and more LIVE this Saturday at 10 am PT. Ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com— TIMESTAMPS —00:00 Intro’00:40 Inflation Rate for September 2022: 8.2%. CPI up by 0.4%05:03 High Mortgage Rates are Changing the Bay Area Housing Market in Two Key Ways08:38 This S.F. Neighborhood was Named One of the World’s ‘Coolest.’ Here’s What the Ranking Got Right11:03 Burned-Out Oakland Home Selling for $765K – NBC Bay Area13:44 Bay Area Sees Sass Layoffs in Tech and Biotech Industries - Cupertino Today18:10 Pacaso, SF Unicorn Startup for 'Second Home Ownership,' Lays Off 30% of Staff— WEEKLY HIGHLIGHT —Inflation Rate for September 2022: 8.2%. CPI up by 0.4%High Mortgage Rates are Changing the Bay Area Housing Market in Two Key WaysThis S.F. Neighborhood was Named One of the World’s ‘Coolest.’ Here’s What the Ranking Got RightBurned-Out Oakland Home Selling for $765K – NBC Bay AreaBay Area Sees Sass Layoffs in Tech and Biotech Industries - Cupertino TodayPacaso, SF Unicorn Startup for 'Second Home Ownership,' Lays Off 30% of Staff—🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/🎙️ Listen to my podcast: https://redcircle.com/shows/spencerhsubayarearealtor📸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 helped 64 families find homes in 2021 ($80MM in transactions) and have helped 48 as of halfway through 2022, which positions me as a Top 1% Realtor in the area.Looking forward to helping you! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com 408-547-4590EXP Realty DRE #02077253https://www.homesbyspencerhsu.com/#BayAreaRealEstate​​ #TechRealtor

15 Okt 202221min

Bay Area Market Update October 2022 | Bay Area Rents Increase by 34% in a Year

Bay Area Market Update October 2022 | Bay Area Rents Increase by 34% in a Year

Are you still thinking about renting in the Bay Area despite rent increasing more than 30% in a year? Tune in to see which cities are making Silicon Valley one of the highest rents in the country. See first hand the collision between the highest mortgage rates in more than 20 years and one of the deadliest hurricanes on record in the United States, both contributing to a steep drop in mortgage demand.Plus, a look at big Bay Area tech companies choosing to downsize, while Google continues to expand their reach. I'll answer these questions and more LIVE this Saturday at 10 am PT. Ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com— TIMESTAMPS —00:00 Intro’01:28 Sunnyvale 1-Bedroom Rents Shoot up 34% in a Year, Report Finds - CBS San Francisco05:56 Mortgage Applications Plummet 14% as Higher Interest Rates and Hurricane Ian Crush Demand07:42 AZ Big Media Tempe Ranks No. 2 on Best Places to Live in U.S. List09:10 California REALTORS® Applaud Bill to Raise Capital Gains Exclusion and Are up Housing Inventory13:39 Bay Area Offices Pack Big Punch in $1.1 billion Mega Real Estate Deal15:21 Massive Tech Campus Construction Project Emerges in Downtown San Jose16:41 Facebook Parent Company Meta to Downsize Bay Area Offices to Adjust to Hybrid Work— WEEKLY HIGHLIGHT —Sunnyvale 1-Bedroom Rents Shoot up 34% in a Year, Report Finds - CBS San FranciscoMortgage Applications Plummet 14% as Higher Interest Rates and Hurricane Ian Crush DemandAZ Big Media Tempe Ranks No. 2 on Best Places to Live in U.S. ListCalifornia REALTORS® Applaud Bill to Raise Capital Gains Exclusion and Are up Housing InventoryBay Area Offices Pack Big Punch in $1.1 billion Mega Real Estate DealMassive Tech Campus Construction Project Emerges in Downtown San JoseFacebook Parent Company Meta to Downsize Bay Area Offices to Adjust to Hybrid Work—🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/🎙️ Listen to my podcast: https://redcircle.com/shows/spencerhsubayarearealtor📸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 helped 64 families find homes in 2021 ($80MM in transactions) and have helped 48 as of halfway through 2022, which positions me as a Top 1% Realtor in the area.Looking forward to helping you! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com 408-547-4590EXP Realty DRE #02077253https://www.homesbyspencerhsu.com/#BayAreaRealEstate​​ #TechRealtor

8 Okt 202219min

Bay Area Real Estate Market Update | October 2022 Close Look Into the Data

Bay Area Real Estate Market Update | October 2022 Close Look Into the Data

The Bay Area housing market is always a topic of interest, and for good reason! Prices are settling down, inventory is up, and demand is high. So what does the future hold for the Bay Area housing market? If you're thinking of buying or selling a home in the Bay Area soon, then you'll want to watch this update. We take a look at recent trends in Santa Clara County, San Mateo County, Alameda County, San Francisco County, and more. Plus, we will also take a look at other shiftings and company moves happening throughout the Bay Area. Text or call us today at 408-547-4590. You can also visit us at https://homesbyspencerhsu.com/— TIMESTAMPS —00:00 Intro’01:32 Bay Area Market Update14:07 Rent Prices Will Keep Going Up in 2023—Here's What to Expect16:06 Chevron Sells Vast San Ramon Headquarters to Bay Area Developer: $170 Million-Plus17:29 Large Investment Firm Drops More Than $90 Million for Trio of Bay Area Industrial Sites17:50 $400 Million-Plus in Two Weeks: Four Peninsula Office Hubs are Bought19:49 Eli Lilly & Co. plans 300K Square-Foot Expansion in South S.F. - San Francisco Business Times— WEEKLY HIGHLIGHT —Rent Prices Will Keep Going Up in 2023—Here's What to ExpectChevron Sells Vast San Ramon Headquarters to Bay Area Developer: $170 Million-PlusLarge Investment Firm Drops More Than $90 Million for Trio of Bay Area Industrial Sites$400 Million-Plus in Two Weeks: Four Peninsula Office Hubs are BoughtEli Lilly & Co. plans 300K Square-Foot Expansion in South S.F. - San Francisco Business Times — MARKET DATA CHARTS — https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharing—🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/🎙️ Listen to my podcast: https://redcircle.com/shows/spencerhsubayarearealtor📸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 helped 64 families find homes in 2021 ($80MM in transactions) and have helped 48 as of halfway through 2022, which positions me as a Top 1% Realtor in the area.Looking forward to helping you! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com 408-547-4590EXP Realty DRE #02077253https://www.homesbyspencerhsu.com/#BayAreaRealEstate​​ #TechRealtor

1 Okt 202221min

Bay Area Market Update September 24, 2022 | FED Hikes Rates to Highest Level Since 2008

Bay Area Market Update September 24, 2022 | FED Hikes Rates to Highest Level Since 2008

The central bank took its federal funds to the highest it has been since early 2008, following the third consecutive 0.75 percentage point move. Is the fed’s Jay Powell’s attempt to fight inflation ‘too little, too late’? Meanwhile, the Bay Area biotech market has landed one of its largest deals to date. Countless developments throughout the Bay Area market continue to expand their reach.Plus, Compass announces another round of layoffs in midst of the housing market slowdown. Will we be seeing more layoffs throughout the Bay Area as the market continues to shift?I'll answer these questions and more LIVE this Saturday at 10 am PT. Ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com— TIMESTAMPS —00:00 Intro’01:36 Fed Raises Rates by Another Three-Quarters of a Percentage Point, Pledges More Hikes to Fight Inflation08:09 Salesforce’s Marc Benioff, Keeps a Low Profile on the Crisis Facing Downtown11:34 Google Revamps Historic Building in Downtown San Jose Transit Village12:26 Big Transit-Oriented Complex Pushes Ahead in South San Francisco14:40 Bay Area Biotech Boom Nets Nearly $400 Million Across Trio of Life Sciences Deals15:42 Zynga Announces HQ Move to San Mateo Amid Shift to Hybrid Workplace16:32 Stanford University Unit Grabs Big Bay Area Apartment Complex19:55 Choice Sunnyvale Site is Grabbed by Veteran Bay Area Developer21:37 Tech Workers at Compass Laid Off Due to Housing Market Slowdown — WEEKLY HIGHLIGHT —Fed Raises Rates by Another Three-Quarters of a Percentage Point, Pledges More Hikes to Fight InflationSalesforce’s Marc Benioff, Long a Champion of San Francisco, Keeps a Low Profile on the Crisis Facing Downtown Google Revamps Historic Building in Downtown San Jose Transit VillageBig Transit-Oriented Complex Pushes Ahead in South San FranciscoBay Area Biotech Boom Nets Nearly $400 Million Across Trio of Life Sciences DealsZynga Announces HQ Move to San Mateo Amid Shift to Hybrid WorkplaceStanford University Unit Grabs Big Bay Area Apartment ComplexChoice Sunnyvale Site is Grabbed by Veteran Bay Area DeveloperTech Workers at Compass Laid Off Due to Housing Market Slowdown—🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/🎙️ Listen to my podcast: https://redcircle.com/shows/spencerhsubayarearealtor📸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 helped 64 families find homes in 2021 ($80MM in transactions) and have helped 48 as of halfway through 2022, which positions me as a Top 1% Realtor in the area.Looking forward to helping you! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com 408-547-4590EXP Realty DRE #02077253https://www.homesbyspencerhsu.com/#BayAreaRealEstate​​ #TechRealtor

24 Sep 202225min

Bay Area Market Update September 17, 2022 | August Inflation Report Tanks the Stock Market

Bay Area Market Update September 17, 2022 | August Inflation Report Tanks the Stock Market

What’s next for the housing market after Wall Street’s worst day since June 2020 following a key inflation report? Meanwhile, shrinkflation in the Bay Area housing market 2022? What does it all mean? And which companies are heading back to work while other remain remote or hybrid? Plus, a $1B venture round for an EV charging company and huge new commercial real estate deals on the horizon in San Jose?I'll answer these questions and more LIVE this Saturday at 10 am PT. Ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://homesbyspencerhsu.com/— TIMESTAMPS —00:00 Intro’01:58 Dow Tumbles 1,200 Points for Worst Day Since June 2020 After Hot Inflation Report04:42 Bay Briefing: ‘Shrinkflation’ in the Bay Area’s Housing Market08:25 People Are Going Back to the Office — except in the Bay Area | TechCrunch12:13 TeraWatt's $1B Round Among Bay Area's Largest This Year14:44 Apple Deepens Silicon Valley Presence with Sunnyvale Real Estate Deal16:04 Tech Titan Reaches Sublease Deal for Big Chunk of San Jose Offices16:39 Hotel is Being Eyed at San Jose Site Near Santana Row, Valley Fair21:30 Large-Apartment Fremont Complex Asks Nearly $500K Per Unit— WEEKLY HIGHLIGHTS —Dow Tumbles 1,200 Points for Worst Day Since June 2020 After Hot Inflation Report Bay Briefing: ‘Shrinkflation’ in the Bay Area’s Housing MarketPeople Are Going Back to the Office — except in the Bay Area | TechCrunchTeraWatt's $1B Round Among Bay Area's Largest This YearTech Titan Reaches Sublease Deal for Big Chunk of San Jose OfficesApple Deepens Silicon Valley Presence with Sunnyvale Real Estate Deal Hotel is Being Eyed at San Jose Site Near Santana Row, Valley Fair Large-Apartment Fremont Complex Asks Nearly $500K Per Unit—🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/🎙️ Listen to my podcast: https://redcircle.com/shows/spencerhsubayarearealtor📸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 helped 64 families find homes in 2021 ($80MM in transactions) and have helped 48 as of halfway through 2022, which positions me as a Top 1% Realtor in the area.Looking forward to helping you! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com 408-547-4590EXP Realty DRE #02077253https://www.homesbyspencerhsu.com/#BayAreaRealEstate​​ #TechRealtor

17 Sep 202224min

Bay Area Market Update September 10, 2022 | Higher Interest Rates, What Should You Do?

Bay Area Market Update September 10, 2022 | Higher Interest Rates, What Should You Do?

Higher interest rates are here. What should you do? Are there still ways to find lower rates? Which ten California housing markets do experts say are in for a dip? Is a closed San Jose golf course being made into a housing development? Plus, are commercial investors leaving San Francisco? And has Bezos arrived in the short-term rental market?I'll answer these questions and more LIVE this Saturday at 10 am PT. 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 Intro’01:11 As Interest Rates Spike, Bay Area Homebuyers Turn to Adjustable-Rate Mortgages04:16 These 10 California Housing Markets Are Due For a Price Dip, Analysts Say | KTLA06:34 ‘S.F. is Not a Market Investors Want to be in’ as Two Commercial Buildings Are Pulled From Sale09:00 Closed San Jose Golf Course May Become Housing - San José Spotlight12:23 Jeff Bezos-Backed Arrived Dives Into Short-Term Rental Market— WEEKLY HIGHLIGHTS —As Interest Rates Spike, Bay Area Homebuyers Turn to Adjustable-Rate MortgagesThese 10 California Housing Markets Are Due For a Price Dip, Analysts Say | KTLA‘S.F. is Not a Market Investors Want to be in’ as Two Commercial Buildings Are Pulled From Sale Closed San Jose Golf Course May Become Housing - San José Spotlight Jeff Bezos-Backed Arrived Dives Into Short-Term Rental Market---------------🔹Want MORE Data?🔹---------------Looking to sell your home for top dollar with low hassle?📲Text "SELL" + to (510) 721-4080 to connect with Spencer and to receive our free seller guide.Are you a Silicon Valley homebuyer?📲Text "BUY" to (510) 721-4080 to connect with Spencer and to receive our free buyer guide💵 Want to receive a FREE property valuation and learn what your house is worth in the current market?📲Text "VALUE" to (510) 721-4080🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/🎙️ Listen to my podcast: https://redcircle.com/shows/spencerhsubayarearealtor📸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 helped 64 families find homes in 2021 ($80MM in transactions) and have helped 48 as of halfway through 2022, which positions me as a Top 1% Realtor in the area.Looking forward to helping you! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com 408-547-4590EXP Realty DRE #02077253https://www.homesbyspencerhsu.com/#BayAreaRealEstate​​ #TechRealtor

10 Sep 202215min

Deep Dive into the Bay Area Real Estate Market | September 2022

Deep Dive into the Bay Area Real Estate Market | September 2022

What is happening with the Bay Area real estate market today? In the wake of the first real estate price decreases in a decade, is selling now still a sensible option? We'll take a deep dive into these hot topics.Also: Fast food workers making $22 an hour minimum? Learn how this happened and what effects it will have on the job market. Plus, which four Bay Area cities are ranked in the top 100 national real estate markets? And one Florida investor makes a BIG bet on upward-trending Bay Area suburbs. What and where did he buy?I'll answer these questions and more LIVE this Saturday at 10 am PT. Tune in for the details! 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 Intro01:43 Market Update - Santa Clara08:13 San Mateo County08:49 Alameda County09:29 San Francisco County11:34 Rising Mortgage Rates Complicate Decision on Buying Versus Renting - WSJ16:30 2022's Best Real-Estate Markets20:50 Bay Area University Loses Top Ranking on Forbes' Best Colleges List22:26 Hiring rebounds in August: LinkedIn24:44 California Lawmakers Approve Landmark Fast Food Workers Bill | PBS NewsHour28:35 $1.1B Portfolio Purchase Includes Five Bay Area Suburban Office Properties29:30 Twitter Will List Its Offices in Oakland for Sublease - San Francisco Business Times— WEEKLY HIGHLIGHTS —Rising Mortgage Rates Complicate Decision on Buying Versus Renting - WSJ2022's Best Real-Estate MarketsBay Area University Loses Top Ranking on Forbes' Best Colleges ListHiring rebounds in August: LinkedInCalifornia Lawmakers Approve Landmark Fast Food Workers Bill | PBS NewsHour$1.1B Portfolio Purchase Includes Five Bay Area Suburban Office PropertiesTwitter Will List Its Offices at 1330 Broadway in Oakland for Sublease - San Francisco Business Times— MARKET DATA CHARTS — https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharing ---------------🔹Want MORE Data?🔹---------------Looking to sell your home for top dollar with low hassle?📲Text "SELL" + to (510) 721-4080 to connect with Spencer and to receive our free seller guide.Are you a Silicon Valley homebuyer?📲Text "BUY" to (510) 721-4080 to connect with Spencer and to receive our free buyer guide💵 Want to receive a FREE property valuation and learn what your house is worth in the current market?📲Text "VALUE" to (510) 721-4080🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/🎙️ Listen to my podcast: https://redcircle.com/shows/spencerhsubayarearealtor📸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 helped 64 families find homes in 2021 ($80MM in transactions) and have helped 48 as of halfway through 2022, which positions me as a Top 1% Realtor in the area.Looking forward to helping you! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com 408-547-4590EXP Realty DRE #02077253https://www.homesbyspencerhsu.com/#BayAreaRealEstate​​ #TechRealtor

3 Sep 202230min

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