Thursday, 2 May 2019

It’s the SALT tax, stupid: Here’s why luxury home sales have surged

After a rush of high-end residential sales to start 2019, the pace of those so-called “tax refugees” moving to South Florida has slowed but it’s not going away. In Miami Beach in particular, nine single-family homes sold for a combined $120 million in the first quarter, according to The Real Deal’s analysis of multiple listings service data. The data tracked all sales on homes $5 million and up. That’s a sharp increase from the five […]



source https://therealdeal.com/miami/2019/05/02/its-the-salt-tax-stupid-heres-why-luxury-home-sales-have-surged/#new_tab

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