How did the 2018 reductions in federal income tax rates and personal SALT deductions affect home sales volume?
- It caused a decrease in sales volume. (53%, 29 Votes)
- It had no effect on sales volume. (31%, 17 Votes)
- It caused an increase in sales volume. (16%, 9 Votes)
Total Voters: 55
This poll will close on February 11, 2019.
Based on my observation as a realtor home sales have decreased. How do I know this for sure? I have been monitoring 100 homes in two different areas. Even after remodeling and staging the homes with moderate and meager market prices, homes still are sitting longer. There is also a 20% increase in expired listings. In three different zip codes.