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https://www.cnbc.com/2018/01/02/manhattan-real-estate-prices-and-sales-fell-ahead-of-tax-changes.htmlManhattan real estate sales and prices took a fall in the fourth quarter, and they're likely to slide even further this year after the new tax rules take effect.
Total sales volume fell 12 percent compared with the fourth quarter of last year — the lowest quarterly level in six years, according to a report from Douglas Elliman Real Estate and Miller Samuel, the appraisal firm. The average sales price in Manhattan fell below $2 million for the first time in nearly two years.
#housing
Btw oc market is already hanging on a thread. 1.7% forecast for 2018. With trump tax scam it will go down this year FOR SURE.Good.
Btw oc market is already hanging on a thread. 1.7% forecast for 2018. With trump tax scam it will go down this year FOR SURE.
anon_604a7 saysBtw oc market is already hanging on a thread. 1.7% forecast for 2018. With trump tax scam it will go down this year FOR SURE.
While I don’t really agree. Land here is still too precious with too many desiring a home. But even should it go down a bit, I’m fine with that. I have no plans to sell in the next 20 or so years.
anon_604a7 saysBtw oc market is already hanging on a thread. 1.7% forecast for 2018. With trump tax scam it will go down this year FOR SURE.Good.
just any guy saysanon_604a7 saysBtw oc market is already hanging on a thread. 1.7% forecast for 2018. With trump tax scam it will go down this year FOR SURE.Good.
I'm willing to bet OC median home price increases will be closer to 10% than 1.7% in 2018.
any good reasons or just wishful thinking?
BTW i think my AAPL will go up 1000% this year. just because i say so.
Manhattan real estate sales
Why do you think otherwise?
#housing