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Inflation hitting the Bay Area hard

January 13, 2022 By Geoffrey Disch Leave a Comment

San Francisco

As if the Bay Area housing market wasn’t challenging enough already, the price of just about everything continues to soar.

A few examples:

  • Gasoline prices increased by 45 percent in December 2021 over December 2020.
  • Cereal and bakery products increased by 10.3 percent
  • Meanwhile, the cost of eating out only went up by 3.6 percent
  • Electricity in the Bay Area rose by 9.6 percent while natural gas increased by a whopping 27.8 percent
  • Currently the inflation rate is 3 times what it was in early 2021
  • And it doesn’t show any signs of ending anytime soon.
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Filed Under: U.S. Economy Tagged With: Inflation 2022

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Our clients say...

“I’ve been in this industry for over 20 years. I have seen both fantastic and just “ok” escrow officers. The Escrow Officer and her team are typically the last stop for a borrower during the purchase or refinance transaction. You want that person and team to be personable, professional and helpful to your client. Kathy and her team at Green Escrow has surpassed my expectations. The team has gone the extra mile to ensure my file closed on time and without incident. I’m looking forward to continued success with Green Escrow.””
by Adina Erridge, Bay Equities Home Loans

2010 Crow Canyon Place
Suite 212
San Ramon, CA 94583
Office: (925) 523-3232
Fax: (925) 523-3231

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