Apple Not Backing Down From Hybrid Work Model | Bay Area Real Estate Market Report July 2, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area Real Estate Market.Tune in weekly and email me anytime if I can help! [email protected]

Topics covered for the week:  

Apple isn’t backing down from its hybrid work model, according to internal note https://www.theverge.com/2021/6/29/22556615/apple-response-hybrid-work-model-employee-letter-remote

Bay Area home sales slow, but prices don't (4:01) https://www.siliconvalley.com/2021/06/29/homebuyer-fatigue-bay-area-home-sales-slow-as-prices-soar/

Silicon Valley tech buildings are bought in $142 million deal (6:55) https://www.mercurynews.com/2021/06/25/san-jose-fremont-milpitas-tech-building-142-million-real-estate-buy/

Rent increased in 3 major Bay Area cities when California reopened (9:08) https://www.kron4.com/news/real-estate/heres-how-much-rent-increased-in-3-major-bay-area-cities/

Levi Strauss to renew lease for entire SF HQ, the city's biggest deal during the pandemic (11:22) https://www.sfchronicle.com/business/article/Levi-Strauss-renews-lease-for-entire-S-F-HQ-the-16272591.php

Peninsula cities double down on downtown street closures amid local support (13:18) https://www.mercurynews.com/2021/06/24/peninsula-cities-double-down-on-downtown-street-closures-amid-local-support/

Pending home sales reach highest May mark in 16 years (15:57) https://www.housingwire.com/articles/pending-home-sales-reach-highest-may-mark-in-16-years/

Client Story (17:00)

https://www.redfin.com/CA/San-Francisco/1868-Van-Ness-Ave-94109/unit-401/home/113439209

Latest Market Data for all counties in the Bay Area https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharing

San Mateo County 19:19

Santa Clara County 21:18

Alameda County 22:08

San Francisco County 23:05

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