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August 22, 2014

Story Behind Prop G, Noe Luxury, Latest Prices

The contentious Prop G will be on our November ballot this year. The proposition calls for a higher transfer tax on people who sell certain residential real estate within five years of purchase. The tax would increase to 24% in those first five years, and then would drop to 14% after five years.

As always, there are multiple sides to the issue, and this edition of the Zephyr Market Tracker looks at some of the different angles.

We also check out some luxurious Noe Valley properties, as well as feature the most recent citywide sales and averages.

It’s all here in the Zephyr Market Tracker.

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