This recent snapshot shows that Baby Boomers are driving home sales in 2023, as they approach their golden years and look to downsize or seek a change of scenery. More than half of sellers are married, nearly half of them plan to buy a new home after they sell, and fully two-thirds are white.
Learn more in this infographic from the California Association of Realtors.
Do you use Mint to track your personal and household finances? Well, it’s time to find another app. Parent company Inuit announced last week that it’s rolling Mint into the Credit Karma platform, which means users need to migrate to a new service. NerdWallet has some tips for where to go, although we’re a little sus of their intentions. Here’s more.
Did you know the average American will spend $108 on Halloween related activities this year alone, and 60% of parents will dip into their childrens’ trick-or-treating haul? Wallethub breaks down the facts and figures of costumes, candy, and pumpkins, complete with the world’s longest infographic.
As Pearl noted in this week’s Chic vs. Geek, inventory is down throughout Silicon Valley, as indicated by a 27% year-over-year dip in home sales in September for Santa Clara County, and a staggering 37% drop in condo sales. Consequently, median prices are up from this time last year, and homes and condos are spending 35% less time on the market.
Procrastinators rejoice! The IRS and State Franchise Tax Board announced yesterday that they would extend the deadline — again — for most Californians to file their 2022 income taxes. You may recall that the deadline was already pushed back to in response to the deadly winter storms. The new deadline is Thursday, Nov. 16, for businesses and residents in 55 of 58 counties. The Chronicle has what you need to know.
