Bay Area Real Estate Market Update May 21, 2022 | Newsom's Spending Plan: What does this mean for Bay Area real estate?

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 Intro01:02 Weekly News Highlights – California’s $100 billion surplus: Wht to know about Newsom’s spending plan07:45 Newsom wants $600 million to convert spaces like offices to housing.  Will S.F. respond? 09:03 One type of home loan has become cheaper than others as rates spike.  Here’s what it means for Bay Area real estate11:48 Google opens futuristic Mountain View campus where 4,000 will work13:37 Return to Office Numbers in Bay Area Lag Behind Other Regions15:25 Apple delays plan for Bay Area workers to be in office three days a week18:59 Homebuilder sentiment falls to 2-year low on declining demand and rising costs20:40 Market Updates - San Mateo County21:32 Santa Clara County22:17 Alameda County22:50 San Francisco County— WEEKLY HIGHLIGHTS —California's $100 billion surplus: What to know about Newsom's spending planNewsom wants $600 million to convert spaces like offices to housing. Will SF respond?One type of home loan has become cheaper than others as rates spike. Here's what it means for Bay Area real estateGoogle opens futuristic Mountain View campus where 4,000 will workReturn to Office Numbers in Bay Area Lag Behind Other Regions, ActivitiesApple delays plan for Bay Area workers to be in office three days a week - CNNHomebuilder sentiment falls to 2-year low on declining demand, rising costs— MARKET DATA CHARTS — https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingCall 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) 547-4590 EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor