Bay Area Real Estate Market Update February 11, 2022 | WHY are affordable homes DISAPPEARING in the Bay Area??

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/🗓 Want to schedule a time for a free consultation? Find a time that works for you! https://www.calendly.com/techrealtor— TIMESTAMPS — 00:00 Intro00:46 Weekly News Highlights - In San Jose, one 'affordable' home for 3,500 buyers04:10 Bay Area home prices soared at record clip in 202104:56 San Jose has the third highest 'equity rich' homes in the US07:34 You might not notice it, but SF's Portola neighborhood has its largest housing project in 50 years.09:24 As new Bay Area SB9 housing applications grow, so does rift between suburbs, developers11:17 Woodside, California, says mountain lions make wealthy town exempt from building affordable housing - The Washington Post12:49 Big Peninsula life sciences and office building is bought by major players13:19 Silicon Valley Office Improves Covid Economy 15:01 Building boom for Silicon Valley offices reaches six-year high17:50 Market Updates - San Mateo County 20:42 Santa Clara County22:23 Alameda County— WEEKLY HIGHLIGHTS — In San Jose, one 'affordable' home for 3,500 buyersBay Area home prices soared at record clip in 2021San Jose has the third highest 'equity rich' homes in the USYou might not notice it, but SF's Portola neighborhood has its largest housing project in 50 years.As new Bay Area SB9 housing applications grow, so does rift between suburbs, developersWoodside, California, says mountain lions make wealthy town exempt from building affordable housing - The Washington PostBig Peninsula life sciences and office building is bought by major playersSilicon Valley Office Improves Covid EconomyBuilding boom for Silicon Valley offices reaches six-year high — 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🌍Find your dream Bay Area home www.homesbyspencerhsu.com📸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 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 [email protected](408)223-5493 EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor