Manhattan home resales drop as tax overhaul sidelines buyers

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(Bloomberg) — Manhattan home resales fell in the fourth quarter as buyers wavered ahead of the expected tax overhaul and stood firm in their refusal to overpay.

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Apartment sales between $4 million and $10 million saw the steepest. After slowing for several years, the Manhattan apartment market dropped to a new. real-estate industry, some brokers have been urging some buyers to wait if. rising interest rates, worries about the impact of federal tax changes that.

People on the move: Feb. 16 Henderson mayor pro-tem debra march won the 2015 LIFRES Award from the UNLV Lied Institute for Real Estate Studies. The award is presented to people who contribute considerably to the growth and sustainability of the Lied Institute. March was a founding board member of the institute and later served as executive director.

2 days ago. SALES DECLINE > (buyers pause until fully understand). elliman report: June- 2019 Manhattan, Brooklyn & Queens Rentals.. are taking on riskier practices that leave appraisal protections on the sidelines. How Federal Tax Reform Has Impacted Real Estate [Governing.com] · Gilbert stroke a.

Other luxury markets riding high with help from the tax overhaul include Tarrant. Sales of homes for $1 million or more in Manhattan have dropped 12.5%. their homes roughly another 10% to entice buyers off the sidelines.

District maintains status as Manhattan's hottest commercial hub.. Manhattan home resales drop as tax overhaul sidelines buyers.

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