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

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What’s Going To Happen To Those Buyers Come Oct. 1?. "Wegner said 30 to 40 percent of all home sales have used down payment assistance. Uncertainty about the future of mortgage giants fannie Mae and Freddie Mac is responsible for banks getting out of the program fast, Wegner said.

Here is why luxury home sales surge in South Florida 2019 It’s the SALT tax, stupid: Sales volume of Miami Beach homes in particular jumped 161%; agents, developers target high-tax markets to keep that going

"Luxury home sales have been relatively soft since early 2018 when the tax code overhaul made it so that people with big mortgages and those living in high-tax states and counties couldn’t deduct as much from their annual tax bill," said redfin chief economist daryl Fairweather. "But wealthy Americans who would otherwise be considering.

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As the Trump administration gears up to end the decade-long conservatorship of Fannie Mae and Freddie Mac, some voices on Wall Street are warning. A decade after Fannie Mae and Freddie Mac were.

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