Herman Chan has too many TV, magazine and internet credits to list. Born 35 years ago in San Francisco’s Bay Area, this handsome gay guy is a no nonsense and very funny property guru whose pearls of wisdom help buyers and sellers alike.
OUT Magazine's CoverBoy Herman Chan Discusses Why He Didn't Come Out of the Closet, Why Asian Guys are Sexy & His New Book!
OUT Magazine digs into my past, present & future. One of the most intimate interviews I've ever done, I tell OUT Magazine why I never came out of the closet ("I came out of the womb"), how my immigrant family reacted to me being gay and why Asian guys are super sek-siii (yet still marginalized?!) Oh, I toss in some of my property tips too!
Citylab crunches Zillow data & finds:
Ten percent of ZIP codes in the San Jose metro have median home values of more than $2 million....In the Bay Area... housing has become so expensive that much of the middle class has been effectively priced out of home-ownership. Forty-four ZIP codes have median home values above $1 million, just nine have median home values below $300,000, and not a single ZIP code has a median home value below $200,000.
Wall Street Journal says:
Rent growth exceeded 6% over the past year in San Francisco, San Jose and Seattle....But household incomes have stagnated, resulting in a financial squeeze for a growing number of renters.
SF Business Times says of the 5 inner Bay Area counties, prices are up 18% since last. Interesting that some places are 14% beneath the 2006 peak, but some places are soared past the peak. With the exception of Berkeley and SF (urban meccas & always desirable), notice the other cities they mention below all have excellent school districts.
Prices shot up during the tech boom in the late 1990s then dropped after the bust. They peaked even higher in 2006 before hitting a recession low in 2011. They have been on the upswing again, but as of April, the region as a whole is still 14 percent lower than its previous peak in May 2006.
60 Minutes Says There's a Bubble in China...Maybe That's Why I'm Seeing My Affluent Chinese Buyers Investing More in SF!