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 Francisco

05:56 Mortgage Applications Plummet 14% as Higher Interest Rates and Hurricane Ian Crush Demand

07:42 AZ Big Media Tempe Ranks No. 2 on Best Places to Live in U.S. List

09:10 California REALTORS® Applaud Bill to Raise Capital Gains Exclusion and Are up Housing Inventory

13:39 Bay Area Offices Pack Big Punch in $1.1 billion Mega Real Estate Deal

15:21 Massive Tech Campus Construction Project Emerges in Downtown San Jose

16:41 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 Francisco

Mortgage Applications Plummet 14% as Higher Interest Rates and Hurricane Ian Crush Demand

AZ Big Media Tempe Ranks No. 2 on Best Places to Live in U.S. List

California REALTORS® Applaud Bill to Raise Capital Gains Exclusion and Are up Housing Inventory

Bay Area Offices Pack Big Punch in $1.1 billion Mega Real Estate Deal

Massive Tech Campus Construction Project Emerges in Downtown San Jose

Facebook 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

408-547-4590

EXP Realty DRE #02077253

https://www.homesbyspencerhsu.com/

#BayAreaRealEstate​​ #TechRealtor

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

15 Apr 202018min

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

11 Apr 202018min

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