Welcome to the October Bay Area Housing Market Update! This month, we unpacked a ton of statistics to answer some of the most common questions regarding housing market effects caused by Mortgage Forbearance, Elections as well as the US Economy. Watch the video recording here! For this episode of Bay Area Housing Townhall, we also […]
Below are the articles and news that we have picked for you this month to keep you updated with the fast-changing market during this unprecedented time. We hope to provide you with useful information as always, and if you have any questions or real estate needs, don’t hesitate to reach out to us! San Jose […]
A note on the data: We utilize data from the California Association of Realtors®, which provides an incredibly rich data set. In an effort to bring you these reports in a timely manner, for the month of September, we are using July’s numbers to analyze market trends over the first half of the year. Single-family […]
The pandemic tested the efficacy of large-scale remote work, causing companies to reconsider the need for massive office spaces. Notably, Pinterest announced in late August 2020 that it paid $89.5 million to terminate its lease on a yet-to-be-built 490,000 square foot office space. The choice reflects Pinterest’s reevaluation of its workforce needs, and its realization […]
Susanna Leung has been part of the team working with her childhood friend Helen Chong, founder of Haylen Group, for the past 8 years. Why did she choose the real estate industry? How is it like to work with her good friend? And what is her favorite part of her real estate career? Watch this […]
Our region has been hit hard by wildfires this month, many homes have been damaged or destroyed and worse, some have lost their lives. Our hearts go out to all those impacted. This type of tragedy affects us all, but there is life after a wildfire too, eventually residents can return to their homes to begin anew, or plan a new direction if needed.
by helen 
Welcome to our September 9th market update from the 12th Bay Area Housing Townhall Webinar! Let’s take a look at some housing market statistics and see what has happened since the last episode. You can also watch the video recording here. In this first graph we have data from May, June, July, and August. As […]
To keep up with the fast-changing housing market during this unprecedented time, Haylen Group has picked 10 recent news and articles to update you on what is happening in the real estate industry. Richmond’s Hilltop Mall rebranded as potential life sciences space as owner seeks to sell Facing mortgage market bias U.S. housing starts surge […]
A note on the data: We utilize data from the California Association of Realtors®, which provides an incredibly rich data set. In an effort to bring you these reports in a timely manner, for the month of August, we are using June’s numbers to analyze market trends over the first half of the year. Single-family […]
The National Bureau of Economic Research officially deemed February 2020 the most recent U.S. economic peak ending the decade-long expansionary economic cycle, which means we are in a recession until we begin another growth cycle. Unlike the last recession between 2007 and 2009, which was heavily tied to the housing market, the current COVID-induced recession […]