Now tech layoffs are slowing Bay Area housing market as prices fall even more

Add tech company layoffs to the list of headwinds facing the Bay Area housing market.

“We have clients who have been in and out of looking at buying,” said Silicon Valley realtor Mary Pope-Handy. “One of them works at … Facebook, and they said. ‘I didn’t get laid off, but it doesn’t look like a good time to make a big purchase.’” In the region’s other Silicon Valley county, Santa Clara, prices were flat year-over-year at $1.6 million — but were down 4.4% from the month before.

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Largest MBA Programs in the Greater Bay Area - San Francisco Business TimesThis List includes colleges and universities located in the Greater Bay Area, which is defined as Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano and Sonoma counties. Information was obtained from school representatives.
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34 Bay Area companies land on Time's 'best inventions' of 2022Lucid Motors, HP, Nvidia, OpenAI and ThredUp made the list, as well as less well known companies like Zipline, Sila Nanotechnologies and Biotricity.
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