Facebook and its Worker Go Remote! | Bay Area Real Estate Market Report June 11, 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: Intro(0:00) Facebook says it will expand remote work to all employees (1:20) https://www.mercurynews.com/2021/06/09/facebook-says-it-will-expand-remote-work-to-all-employees/

Amazon shifts return-to-office stance, says remote work is OK 2 days a week (3:58) https://www.seattletimes.com/business/amazon/amazon-says-workers-wont-need-to-spend-all-week-in-the-office/

Big tech companies resume hunt for Silicon Valley offices (4:48) https://www.eastbaytimes.com/2021/06/09/big-tech-companies-resume-hunt-for-silicon-valley-offices/

Tech titan agrees to sell big office campus in Mountain View (7:18) https://www.mercurynews.com/2021/06/08/real-estate-tech-titan-sell-big-office-campus-mountain-view-symantec/

Snap signs Palo Alto sublease for enough space to employ hundreds (8:21) https://www.mercurynews.com/2021/06/07/snap-sublease-palo-alto-office-hundreds-jobs-tech-real-estate/

As San Francisco Reopens, Rents Rise (9:15) https://www.sfweekly.com/news/as-san-francisco-reopens-rents-rise/ Homebuyers are growing weary of the housing market (10:06) https://www.housingwire.com/articles/homebuyers-are-growing-weary-of-the-housing-market/

Client Success Story (13:06)

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

San Mateo County 18:31

Santa Clara County 20:23

Alameda County 21:06

San Francisco County 22:05

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