Bay Area Market Update December 2022 | Home Prices to Decline in 2023?

Home prices to decline in 2023?Are home prices set to decline in 2023 in the Bay Area? We’ll review the report by the San Francisco Chronicle on the matter.Meanwhile, Oracle ditches more of its Bay Area office space and doubles down on Nashville and Austin. Meta is also decreasing its Bay Area office space. And will Salesforce, the city’s biggest renter, eliminate more of its downtown office space? What effect will this have on the commercial and residential markets here?Plus, after a 12-year battle, one San Francisco housing project moves forward. And what would you think about buying a home with your platonic best friend? For some Bay Area residents, it’s the way to long-term equity.Listen to this live Q & A with Bay Area real estate guru Spencer Hsu to learn what will happen to Bay Area housing before the media reports it! And if you ever plan on buying or selling a home in the Bay Area, you'll want to watch this update.We go LIVE this Saturdays 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 —2:54 Intro3:38 Bay Area Home Prices Set to Keep Falling in 2023. Here’s by How Much7:10 Co-buying a House: How Platonic Partners Make It Work10:19 After Almost 12 Years, a Proposed Bay Area Housing Project Can Move Forward. But Has the Long Fight Killed the Project?13:04 Report: Life Science Market Shows Signs of Normalization Following Period of Growth15:20 Salesforce May Eliminate More Downtown San Francisco Office Space in the Future16:21 FYI, Salesforce Does Not Own Salesforce Transit Center, Park18:16 Oracle to Jettison More Bay Area Space After Doubling Down in Austin, Nashville20:20 Meta Seeks to Reduce Bay Area Office Space as Tech Company’s Cost-Cutting Continues— WEEKLY HIGHLIGHT —Bay Area Home Prices Set to Keep Falling in 2023. Here’s by How MuchCo-buying a House: How Platonic Partners Make It WorkAfter Almost 12 Years, a Proposed Bay Area Housing Project Can Move Forward. But Has the Long Fight Killed the Project?Report: Life Science Market Shows Signs of Normalization Following Period of GrowthSalesforce May Eliminate More Downtown San Francisco Office Space in the FutureFYI, Salesforce Does Not Own Salesforce Transit Center, ParkOracle to Jettison More Bay Area Space After Doubling Down in Austin, NashvilleMeta Seeks to Reduce Bay Area Office Space as Tech Company’s Cost-Cutting Continues—🌍 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 [email protected] Realty DRE #02077253https://www.homesbyspencerhsu.com/#BayAreaRealEstate​​ #TechRealtor