Fed Hikes 0.75% Again! Are we in a recession? | Bay Area Real Estate Market Update July 31, 2022

Every week, I dive into the news and developments affecting the Silicon Valley and Bay Area real estate market. Tune in every Saturday at 10 AM PT and ask me anything! This week, hear about my clients who, despite uncertainty over rising interest rates, recently secured their first home in Martinez for $100k less than others in the neighborhood and are now building powerful equity through homeownership!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 Intro’01:00 Fed Hikes Interest Rates by 0.75 Percentage Point03:23 Are we in a recession? Yes. No. Maybe. | CNN Business06:01 Blackstone Draws Over $24 Billion Commitments for Latest Real Estate Fund | Reuters08:47 Bay Area Home Prices Fall a Record 7 Percent From May to June10:48 Twitter Cuts Oakland Office Space, Reducing San Francisco Footprint12:13 Fortinet Widens Union City Shopping Spree for Tech Expansion Sites13:25 Vacant Menlo Park Warehouse To Transform Into Life Science Labs16:04 Client Success Story - Martinez, California— WEEKLY HIGHLIGHTS —Fed Hikes Interest Rates by 0.75 Percentage PointAre we in a recession? Yes. No. Maybe. | CNN BusinessBlackstone Draws Over $24 Billion Commitments for Latest Real Estate Fund | ReutersBay Area Home Prices Fall a Record 7 Percent From May to JuneTwitter Cuts Oakland Office Space, Reducing San Francisco FootprintFortinet Widens Union City Shopping Spree for Tech Expansion SitesVacant Menlo Park Warehouse To Transform Into Life Science LabsCall 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