Analyze this! Bay Area Real Estate Market Update July 31, 2020 | Big Tech Blows out Quarter

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!

Thoughts on Big Tech Hearings

https://www.youtube.com/watch?v=iuPmIdtjBIo&list=WL&index=5&t=0s

Big Tech Blowout Quarter

https://finance.yahoo.com/news/big-tech-posts-blowout-quarter-220310889.html

More stimulus coming - HEALS Act

LIkely decrease of $600 a week as it’s too generous

https://www.cnet.com/personal-finance/next-stimulus-bill-heals-act-would-include-benefits-beyond-another-payment/

Pending home sales surge for a second straight month

https://www.housingwire.com/articles/pending-home-sales-surge-for-a-second-straight-month/

10th straight week of increased mortgage applications

https://www.housingwire.com/articles/mortgage-applications-remain-steady-amid-continued-economic-stress/

Forbearance continues to fall for 6th straight week

https://www.housingwire.com/articles/loans-in-forbearance-fall-for-the-sixth-straight-week/

Homeownership Rate Soars to 12 year high

https://www.housingwire.com/articles/u-s-homeownership-rate-soars-to-an-almost-12-year-high/

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