Google adds 42,000 sq ft to SF office space | Bay Area Real Estate Market Report October 23, 2020

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!

Google adds 42,000 sq ft to SF office space

https://www.sfchronicle.com/business/article/Google-expands-S-F-office-despite-shift-to-15652058.php

Big downtown San Jose Mixed-use tower lands financial boost

https://www.marinij.com/2020/10/21/real-estate-downtown-san-jose-tower-finance-tax-office-housing-retail/

Blackstone buys Roku’s Silicon Valley office buildings

https://therealdeal.com/2020/10/18/blackstone-buys-rokus-silicon-valley-office-buildings/

In a bid for stability, FHFA and FHA extend forbearance policies until Dec 31 2021

https://www.housingwire.com/articles/in-a-bid-for-stability-fhfa-and-fha-extend-forbearance-policies/

Mortgage forbearance rate falls to lowest level since mid-April at 5.92%

https://www.housingwire.com/articles/mba-mortgage-forbearance-rate-falls-to-lowest-level-since-mid-april-at-5-92/

September single-family housing starts reached highest level since 2007

https://www.housingwire.com/articles/september-single-family-housing-starts-reached-highest-level-since-2007/

Builder confidence breaks previous 35-year record high

https://www.housingwire.com/articles/builder-confidence-breaks-previous-35-year-record-high/

Latest Market Data for all counties in the Bay Area

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

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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

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