Best Long Term Investment in the Bay Area | Weekly Bay Area Real Estate Tip #16

Best Long Term Investment in the Bay Area | Weekly Bay Area Real Estate Tip #16

Every Tuesday, I go into detail a question I frequently get asked. Question of the week! Which county am I most bullish in the Bay Area for the long term and why? While some counties are booming right now due to extended work from home policies, there are many things that people forget about the Bay Area 5 months ago.


My thesis about strong long term appreciation while minimizing the downside risk comes down to location, location, location. However, what does this mean when people can work from home? Why are prices still rising in even some of the most expensive counties in the Bay Area? Shouldn’t Bay Area real estate prices tank? Not so fast... Now while many companies like Facebook and Google have allowed their employees to work from home until mid of next year, not every company has the luxury to do so. Even these companies are making large commercial real estate bets in this environment.


My entire thesis and long term bet is about 1 thing. Commute lifestyle. I am still very bullish that Big Tech along with other companies will continue to be building in the same hubs. It’s a community and talent attraction play. Did you know that Uber owned the Sears building in Oakland years ago? Do you know why they sold it a year later? It’s because they couldn’t recruit the talent they wanted there. Why is San Mateo county the most expensive county in the Bay Area? It is because it is centrally located between the hubs of San Francisco and Palo Alto. Many cities there aren’t in good school districts but it provides the flexibility for couples work while providing some of the most tranquil lifestyles available.


Now why else is it the most expensive? Supply and Demand. Take a look at the number of homes that sell each year. Also take a look on a map of the new construction that is available. There isn’t that many. It’s not because developers don’t like to build there, it’s because residents and city officials hate building there. There is a reason why there is so little construction in the Peninsula versus San Jose, Milpitas, Fremont and the East Bay which are building tens of thousands of condos/townhomes.


Now my thesis may be ruined if people truly can work anywhere for good. But if that thesis is the case, then why live in the Bay Area? You should sell your home today and move to a low tax state. I personally am very long in the Bay Area real estate market still due to the magic of Tech and Biotech which is actually the top 2 largest hub in the country surpassing San Diego and being very close to Boston.


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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 do you Buy a Home in the Bay Area? - 7 Key Steps with Spencer Hsu Real Estate

How do you Buy a Home in the Bay Area? - 7 Key Steps with Spencer Hsu Real Estate

Homebuying can be daunting but with the right education, there are 7 key steps to go from idea to home ownership. Whether this is your first time, or this is your 5th time, I'm sure you will learn things from my approach that you won't from others.7 Critical steps to buying a home in the Bay Area0:55 Step 1 What is your motivation?2:43 Step 2 Talk to a lender and get pre-approved5:24 Step 3 Begin the search and discovery6:28 Step 4 Check out specific houses8:31 Step 5 Strategize on an offer11:22 Step 6 What happens when you are in contract?16:12 Step 7 Congratulations! Client for Life!Have any questions? Reach out and let's talk about your real estate goals anytime! Feel free to find a time on my calendar and we can talk about anything.🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/s...🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/​​📸Follow me on Instagram: https://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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWGet added to my monthly insights newsletter! https://forms.gle/toWqtGBFaSRYJj2hREAD MY REVIEWS FROM PAST CLIENTS:Yelp: https://www.yelp.com/biz/spencer-hsu-...Zillow: https://zillow.com/bayareareagentRealtor.com: https://www.realtor.com/realestateage...——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 as seamlessly as possible. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. I have helped 17 families within the last year for $21MM in happy transactions!Spencer Hsu, MBARealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253www.spencerhsu.com

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Santa Clara and San Mateo County Real Estate Market Video during Coronavirus (April 10, 2020)

Santa Clara and San Mateo County Real Estate Market Video during Coronavirus (April 10, 2020)

Check out my weekly live show! Here are the things covered this week:1) 1:02 Current protocol for seeing houseshttps://www.samcar.org/posts/what-doe...2) 2:05 Mortgage guidelines have tightenedhttps://www.housingwire.com/articles/...3) 3:44 Construction is no longer an essential servicehttps://www.mercurynews.com/2020/03/3...4) 5:15 Market Analysis of Santa Clara Countyhttps://docs.google.com/spreadsheets/...12:02 Market Analysis of Santa Clara County5) 15:20 Time to refinance?https://www.housingwire.com/articles/...Have any questions? Reach out and let's talk about your real estate situation anytime! Feel free to find a time on my calendar and we can talk about anything.🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://calendly.com/spencerhsure🌍Find your dream Bay Area home https://www.homesbyspencerhsu.com/​​📸Follow me on Instagram: https://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/2Fvk41fbD6kiRtHt5🏠💲Track the value of your home and see if it's beneficial to refinance! http://bit.ly/3aFdyMWGet added to my monthly insights newsletter! https://forms.gle/toWqtGBFaSRYJj2hREAD MY REVIEWS FROM PAST CLIENTS:Yelp: https://www.yelp.com/biz/spencer-hsu-...Zillow: https://zillow.com/bayareareagentRealtor.com: https://www.realtor.com/realestateage...——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 as seamlessly as possible. I specialize in educating my clients on the process of buying, selling, and investing in the Bay Area. I have helped 17 families within the last year for $21MM in happy transactions!Spencer Hsu, MBARealtorSpencer@SpencerHsu.com(408)223-5493EXP Realty DRE #02077253www.homesbyspencerhsu.com

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