California’s Proposition 19 property tax reform law is now fully in effect, several months after voters approved it by a slim margin on the November 2020 ballot. It is officially known as The Home Protection for Seniors, Severely Disabled, Families, and Victims of Wildfire or Natural Disasters Act.

Reading the title gives you the sense of who the big winners are when making transactions for Pacific Beach property. What’s not in the title is any mention of another group that it affects just as much.

We’re hearing a lot in the news about inflation right now.

The inflation rates have been going up at record-breaking paces. Some of that is to be expected during a period of economic recovery following the COVID-19 pandemic, but there are concerns being echoed by some financial analysts.

Inflation refers to the decline of purchasing power of a currency over time, to put it somewhat technically. Basically, what inflation means is that you have less purchasing power with the same amount of money.

So, how does this affect real estate?

Home Construction Costs

Catering - Miss Shelly

Restaurant - My Pozole

Florist - Petals By The Beach

Freelance Commercial Artist - DanaToon Studios

Photographer - Lens Queen Photography

Make Up ArtistKiss and Make Up

Pet RescueDel Mar Dog Rescue

Fun and Adventure - EcoBoat Rentals

Fun and AdventureCruise Planners Travel Advisor

Fun and Adventure - YoreBoard - Cornhole Lights and Scoreboard

Fun and Unique Art - Shelby Gray Art

Crafts and Creations - Cool Creations

Selling your home is not an easy process. In fact, it’s harder than most people think. But there are ways to making it easier, and one of those ways is staging your home. On average, staged homes sell 88% faster and for 20% more than nonstaged homes, which is nothing to sneeze at.