High Inflation in the US is Here to Stay | Bay Area Market Update October 15, 2022

High inflation in the US is here to stay. Which goods and services are affected by inflation, and what can you do about it? What does this mean for the Bay Area real estate market? How does it affect Bay Area businesses?I'll answer these questions and more LIVE this Saturday at 10 am PT. Ask me anything!Text or call us today at 408-547-4590. You can also visit us at https://www.homesbyspencerhsu.com— TIMESTAMPS —00:00 Intro’00:40 Inflation Rate for September 2022: 8.2%. CPI up by 0.4%05:03 High Mortgage Rates are Changing the Bay Area Housing Market in Two Key Ways08:38 This S.F. Neighborhood was Named One of the World’s ‘Coolest.’ Here’s What the Ranking Got Right11:03 Burned-Out Oakland Home Selling for $765K – NBC Bay Area13:44 Bay Area Sees Sass Layoffs in Tech and Biotech Industries - Cupertino Today18:10 Pacaso, SF Unicorn Startup for 'Second Home Ownership,' Lays Off 30% of Staff— WEEKLY HIGHLIGHT —Inflation Rate for September 2022: 8.2%. CPI up by 0.4%High Mortgage Rates are Changing the Bay Area Housing Market in Two Key WaysThis S.F. Neighborhood was Named One of the World’s ‘Coolest.’ Here’s What the Ranking Got RightBurned-Out Oakland Home Selling for $765K – NBC Bay AreaBay Area Sees Sass Layoffs in Tech and Biotech Industries - Cupertino TodayPacaso, SF Unicorn Startup for 'Second Home Ownership,' Lays Off 30% of Staff—🌍 Find your dream Bay Area home https://www.homesbyspencerhsu.com/🎙️ Listen to my podcast: https://redcircle.com/shows/spencerhsubayarearealtor📸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 helped 64 families find homes in 2021 ($80MM in transactions) and have helped 48 as of halfway through 2022, which positions me as a Top 1% Realtor in the area.Looking forward to helping you! Spencer Hsu, MBA Tech Realtor Spencer@SpencerHsu.com 408-547-4590EXP Realty DRE #02077253https://www.homesbyspencerhsu.com/#BayAreaRealEstate​​ #TechRealtor