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Experts Predict Up and Down Rates Under Trump

SAN FRANCISCO—Trump will put pressure on mortgage rates, with an increase expected to significantly reduce the already-small pool of buyers who can afford to buy a home in the Bay Area, while the corporate tax rate would be reduced to 15% and the maximum individual income tax rate would go to 33%, according to his latest proposals.

By Lisa Brown | lisabrown | Updated on November 22, 2016

Lillian Chen Chen says Trump’s tax proposals appear to have broad reach.

SAN FRANCISCO—Two firms, two forecasts . . . one predominately covered residential real estate and one predominately covered commercial real estate. Both events were held in the past week to provide the real estate community an idea of what is ahead in the industry as a whole for the next three years.

Pacific Union International teamed with John Burns Real Estate Consulting to present a live webcast forecast of what’s ahead in Bay Area real estate through 2019. Presenters Pacific Union CEO Mark McLaughlin, Pacific Union chief economist Selma Hepp, John Burns Real Estate Consulting CEO John Burns and senior vice president Dean Wehrli combined research and analysis to project what’s ahead for the Bay Area residential real estate market.

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