Bay Area Real Estate Market Update May 7, 2022 | Bay Area Recession Coming?

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 Intro01:04 Weekly News Highlights - Goldman Sachs: 'Recession risk has risen,' but consumer's financial strength may save the day | Fortune03:12 Recession Definition06:20 United States GDP Growth Rate - 2022 Data - 2023 Forecast - 1947-2021 Historical06:32 How Recessions Affect Housing Prices in the US09:12 Apple workers slam RTO policy | LinkedIn11:38 New California program for first-time homebuyers will let you borrow down payment at 0% interest - ABC7 San Francisco13:04 Disney wants to decorate your home | LinkedIn14:30 Sobrato buys into SoMa with record-setting office deal for SF15:30 Levi Strauss has yet to close on large lease renewal deal at Levi's Plaza in SF - San Francisco Business Times 16:28 Average mortgage rate climbs to 13-year high of 5.27% - HousingWire19:51 Google will finish vast revamp of Hangar One in Mountain View by 202521:08 Market Updates - San Mateo County 22:03 Santa Clara County22:56 Alameda County23:20 San Francisco County— WEEKLY HIGHLIGHTS —Goldman Sachs: 'Recession risk has risen,' but consumer's financial strength may save the day | FortuneUnited States GDP Growth Rate - 2022 Data - 2023 Forecast - 1947-2021 HistoricalRecession DefinitionHow Recessions Affect Housing Prices in the USApple workers slam RTO policy | LinkedInNew California program for first-time homebuyers will let you borrow down payment at 0% interest - ABC7 San FranciscoDisney wants to decorate your home | LinkedInSobrato buys into SoMa with record-setting office deal for SFLevi Strauss has yet to close on large lease renewal deal at Levi's Plaza in SF - San Francisco Business TimesAverage mortgage rate climbs to 13-year high of 5.27% - HousingWireGoogle will finish vast revamp of Hangar One in Mountain View by 2025— 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) 547-4590 EXP Realty DRE #02077253#BayAreaRealEstate #TechRealtor