Bay Area Real Estate Market Update June 25, 2022 | Housing Affordability Drops to 15 Year Low

Every week, I go over news that can affect Bay Area Real Estate. I look into market statistics and data that can affect the Silicon Valley Real Estate Market. Tune in weekly and ask me anything!

Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com/

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— TIMESTAMPS —

00:00 Intro

01:13 Housing Affordability Drops to 15-Year Low: Zillow

07:59 Rent Spiked Again in April, Expected to Keep Climbing Through the Year

08:39 JPMorgan Lays Off Home Lending Employees As Housing Market Cools

12:53 Home Sales in California Dip Below Pre-Pandemic Levels as the Effects of Rising Interest Rates

13:13 Bay Area Housing Prices Falling?

13:24 San Jose Council Approves Nearly 1,000 Housing Units in New Urban Village

14:53 Bay Area's Life Science Real Estate Market Remains Sturdy Amid Uncertainty For Tenants

16:22 Affordable Housing in California Now Routinely Tops $1 million Per Apartment to Build

18:55 Block Gives Up San Francisco Office Space as Downtown Continues to Struggle

19:25 $5.3 Billion: San Jose to San Francisco High-Speed Rail Costs Balloon by Over 200%

20:44 Market Updates - San Mateo County

22:09 Santa Clara County

23:17 Alameda County

23:42 Marin County

— WEEKLY HIGHLIGHTS —

Housing Affordability Drops to 15-Year Low: Zillow

Rent Spiked Again in April, Expected to Keep Climbing Through the Year

JPMorgan Lays Off Home Lending Employees As Housing Market Cools

Home Sales in California Dip Below Pre-Pandemic Levels as the Effects of Rising Interest Rates Begin to Show Even as Prices Set Another Record 

Bay Area Housing Prices Falling?

San Jose Council Approves Nearly 1,000 Housing Units in New Urban Village 

Bay Area's Life Science Real Estate Market Remains Sturdy Amid Uncertainty For Tenants

Affordable Housing in California Now Routinely Tops $1 million Per Apartment to Build

Block Gives Up San Francisco Office Space as Downtown Continues to Struggle

$5.3 Billion: San Jose to San Francisco High-Speed Rail Costs Balloon by Over 200%

— MARKET DATA CHARTS — 

https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharing

Call or Text 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

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— 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 worked with 57 families in 2021 buy and sell locally for over $80MM which helped me become a top 1% Realtor in the Bay in record breaking time!

Looking forward to helping you!

Spencer Hsu, MBA Tech Realtor

[email protected]

(408) 547-4590 EXP Realty DRE #02077253

#BayAreaRealEstate #TechRealtor