Mortgage Rates Take a Step Back—What It Means for SF Buyers and Sellers
After a spike last week thanks to hot inflation data, mortgage rates are easing up again as investors rethink where the economy is headed. The 30-year fixed mortgage rate dropped to 6.93%, which is still high compared to a few years ago—but better than where we’ve been. So, what’s the real impact for buyers and sellers in San Francisco’s market? Let’s get into it.
California’s Prop 19: Who Wins & Who Loses
Who doesn’t love talking about taxes? If you don’t, move along. BUT if you own property in California, you might wanna stick around. Prop 19 might’ve been the BEST thing to happen to your tax bill—or the WORST. 🤷🏻♀️ It really all depends on your circumstances. Either way, it changed how your tax basis is handled come time to transfer, and the new-ish rules are still catching people off guard.
10 Ways to Avoid Escrow Headaches: Because No One Likes Last-Minute Surprises
Escrow should be the smooth final stretch of your real estate journey—not a stress-fueled disaste, or a late close. But let’s be real, last-minute hiccups happen way too often thanks to missing documents, delayed wire transfers, or unexpected legal snags. The good news? A little planning goes a long way.