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What a Big Transfer Tax Does to Sellers Who Stay Put
When a large transfer tax arrives, everyone models the hit to prices and sale volume at the top of the market and then waits to see it. What happened in Los Angeles is that high-end owners stopped selling and started building instead, with renovation permits on high-priced homes up 46% while mid and low-priced homes showed no statistically significant change at all.
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Today’s top real estate news stories, and what agents are saying about them.
CURATED Today: the scripts, tactics, and ideas worth using, from the 5,579 real estate sources we read in the last 24 hours.
An AI prompt of the day you can copy and use today.
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