Big Tech Companies SELL Office Buildings | Bay Area Real Estate Market Report January 29, 2021

Every week at 12 PM PST, I analyze the news and data that can affect the Bay Area RealEvery 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:

Intro (0:00)

Now up for sale: An Oracle-owned Bay Area campus that could become life science space - Silicon Valley Business Journal (1:08)

https://kidder.com/news/2021/01/now-up-for-sale-an-oracle-owned-bay-area-campus-that-could-become-life-science-space/

Real estate: Huge NetApp campus in Sunnyvale goes on sales block (2:18)

https://www.siliconvalley.com/2021/01/21/real-estate-huge-netapp-campus-sunnyvale-sale-buy-google-tech-office/

What does Chamath Palihapitya and Vinod Khosla think about the people leaving the Bay Area? (3:36)

https://youtu.be/cgYd9GRuA4o?t=2760

Potential impact of Biden's $15,000 homebuyer tax credit (8:48) 

https://www.housingwire.com/articles/potential-impacts-of-bidens-15000-tax-credit/#

2020 home sales hit highest level since 2006 (11:04)

https://www.housingwire.com/articles/2020-home-sales-hit-highest-level-since-2006/

Housing starts hit highest pace since 2006 (12:42)

https://www.housingwire.com/articles/housing-starts-hit-highest-pace-since-2006/

Peninsula vaccine maker Vaxcyte lands at big Alexandria project in San Carlos - San Francisco Business Times (15:07)

https://www.bizjournals.com/sanfrancisco/news/2021/01/26/vaxcyte-lease-alexandria-are-pcvx-allakos-atreca.html

Zillow: Expect another record year for home sales (16:18)

https://www.housingwire.com/articles/zillow-expect-another-record-year-for-home-sales/

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

18:22 San Mateo County

19:41 Santa Clara County

20:41 Alameda County

21:31 Contra Costa County

22:40 San Francisco

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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. $41M+ YTD in happy transactions! Spencer Hsu, MBA Tech Realtor [email protected] (408)223-5493 EXP Realty DRE #02077253 #BayAreaRealEstate #TechRealtor

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