Bay Area Real Estate Market Update July 24, 2020 | Thinking of selling your house? Now may be the right time

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! TransUnion: the percentage of accounts in financial hardship began to level off in Junehttps://www.housingwire.com/articles/transunion-the-percentage-of-accounts-in-financial-hardship-began-to-level-off-in-june/ Purchase activity increases for 9th straight week year over yearhttps://www.housingwire.com/articles/mortgage-applications-climb-4-1-on-low-rates/ Home sales jump a record 21% in June, NAR sayshttps://www.housingwire.com/articles/home-sales-jump-a-record-21-in-june-nar-says/ 1.4 million homes have accessory dwelling units, Freddie Mac sayshttps://www.housingwire.com/articles/1-4-million-homes-have-accessory-dwelling-units-freddie-mac-says/ Low inventory means higher prices for California’s housing markethttps://www.housingwire.com/articles/low-inventory-means-higher-prices-for-californias-housing-market/ Two Reasons why we won’t see a rush of foreclosureshttps://www.mykcm.com/2020/07/22/two-reasons-we-wont-see-a-rush-of-foreclosures-this-fall/ Thinking of selling your house? Now may be the right timehttps://www.mykcm.com/2020/07/20/thinking-of-selling-your-house-now-may-be-the-right-time/ San Mateo, Santa Clara, San Francisco, Alameda, and Contra Costa Market Date Updatehttps://bit.ly/2WUkpe5 --If you’re interested in buying, selling, or investing in residential or commercial real estate in the 📍SF Bay Area, contact me today!📧[email protected]📞 (408) 547-4590⏰ Set up a time to chat: https://calendly.com/spencerhsure🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/🎙️ Listen to my podcast: https://redcircle.com/shows/bayarearealestate📸Follow me on Instagram: https://www.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/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 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, [email protected] Realty DRE #02077253https://www.homesbyspencerhsu.com/#BayAreaRealEstate