A quick reminder that Property Taxes are technically deemed delinquent if received after 5 pm on December 10. Since that falls on a Saturday this year, you’re probably ok if they receive payment by Monday at 5 pm or your payment is postmarked before that time. At least that’s the case in Sonoma County and Santa Clara County. Of course, San Francisco’s website chose not to be that clear. You always have the option of paying online.
My apologies for having dropped the ball on my newsletter in the second half of this year, a combination of many factors mostly having to do with too little time. Here are a couple of charts that reflect the current state of the market. In a word, it is sloooowww. The second chart, which covers year over year 3 month moving averages for condos shows more clearly how the market has really decelerated in the second part of the year. (I don’t have a three month moving average for home sales).
Back at you soon with a much more detailed newsletter. Stay tuned!