SF Bay Area Holidays and Housing Update, Fall/Winter 2023
Curious about San Francisco housing and real estate during this holiday season 2023? Here’s the latest from Danielle. More details below!
SF Real Estate Update
It’s a busy time of year for families, and for our Vivre Real Estate team! We are hard at work helping clients to buy, sell, and lay the groundwork for next year. (In the SF Bay Area, real estate is a year-round affair.) Here’s a quick update on the market.
In many ways, it feels like we’ve turned a corner. Once seen as a longshot, a ‘soft landing’ for the economy is looking more and more likely. And the good news keeps coming:
- Recent inflation numbers arrived better than expected
- The Fed paused interest-rate hikes as of November
- Stock and bond markets responded with enthusiastic optimism
- And mortgage rates have plunged to a 4-month low
Much like last year when rates fell around this time, we may be in for a healthy boost of real estate sales activity through December and January.
For those aiming to make a move next year, we recommend getting a jump on your preparations. In our market, the early bird seller often gets the worm, getting their listing out there when New Year buyers are eager to buy but other sellers remain on the sidelines. (Read our blog: Best Time to Sell a Home in SF? Try Winter, Not Spring ❄️)
But wait, there’s more! For the prospective San Francisco home buyers, a quick tip from Danielle:
Holiday Festivities in San Francisco
If you’re like us, you love how the holidays are an inclusive time of celebration for all the diverse cultures of San Francisco.
Yet—maybe it’s the nostalgia of Kodachrome photographs or pre-smartphone times—there’s an undeniable charm to the all-out, citywide way the old-timers used to do it.
Take a moment to enjoy some SF history from SFGATE: Christmas in San Francisco used to be a much bigger deal.
These days, we’re fortunate to have holiday markets spreading festive spirit all over the Bay, where one might complete their seasonal shopping, and maybe indulge a bit themselves… 🎁🍺
From our fave local resource, Funcheap: these are the Bay Area Holiday Markets for 2023. See you out there!
Property Taxes Due
This first appeared in our newsletter sent just before the December 10th property tax deadline. So if you’re reading this and have NOT yet paid your San Francisco property tax, now is the time—the sooner the better!
On the bright side, next year you’ll be prepared, because we’ve gathered helpful links and everything you need to know on our blog. For more information on what to expect regarding property tax in the SF Bay Area, watch Danielle’s rundown here. 📺
As always, enjoy the selection of local stories and articles below, and please don’t hesitate to reach out with any real estate questions. We are happy to help you and anyone you send our way!
Suggested Reading – SF REAL ESTATE NEWS, CULTURE, BUSINESS AND MORE
40 Outstanding Things To Do This December In San Francisco – Secret San Francisco
Vivre Real Estate San Francisco Bay Area Newsletter
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