Back to Remote Work Says Google! | Bay Area Real Estate Market Report May 7, 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:

Google backtracks on office returns and will allow employees to work remotely  https://edition.cnn.com/2021/05/05/tech/google-office-remote-work-pandemic/index.html?utm_source=optzlynewmarketribbon

Real estate: Microsoft grabs big chunk of north San Jose land https://www.mercurynews.com/2021/05/05/real-estate-microsoft-grabs-big-chunk-north-san-jose-land-tech-develop/

Kilroy To Make $900 Million Speculative Bet That Bay Area Biotech Boom Outlasts Pandemic  https://www.costar.com/article/837958783/kilroy-to-make-900-million-speculative-bet-that-bay-area-biotech-boom-outlasts-pandemic Applied Materials widens Sunnyvale holdings with new purchase https://www.eastbaytimes.com/2021/05/05/applied-materials-widens-sunnyvale-holdings-tech-develop-real-estate/

East Bay market is so hot, houses are selling for more than $1M over asking https://www.sfgate.com/realestate/article/2021-05-east-bay-real-estate-overbids-hot-market-16151227.php

Latest Market Data for all counties in the Bay Area https://docs.google.com/spreadsheets/d/1P5T3T4doU9vutLotcKnZ0WCZahU0nvKn1khR-QQsrTI/edit?usp=sharingTI/edit?usp=sharing San Mateo County 8:11 Santa Clara County 9:40 Alameda County 10:26 Contra Costa County 11:26 San Francisco County: 11:52

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