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The Big Story: New Year, Same Housing Market
Quick Take: Historically low supply continues to drive up home prices across the nation. However, home price increases are decelerating after the record-setting gains experienced over the past two years. The number of homes sold in 2021 is one of the highest on record. Current inflation levels imply a negative borrowing rate because mortgage rates […]
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What is a 1031 Exchange. Real Estate Explained.
On a recent team call, an agent explained how her client closed on new year’s eve. Historically, a very quiet time of the year for real estate transactions. In her words, the client closed because “a ‘1031 Exchange’ never sleeps”. Well nor do good realtors. They take on the burden of the details so their […]
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Supplemental Taxes Explained (San Francisco County)
A new homeowner has a lot to learn. The home buying process itself can be a steep learning curve. That’s one of the main reasons it is essential to work with an agent that spends the time to guide you through the entire process and explain all the terminology. There should never be any surprises. And […]
