Tax reform had an effect on nearly half of homebuyers: Redfin

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The most common tax-reform effect reported by homebuyers this year was that they lowered their price range because of decreased benefits on high-priced homes (14%, down from 16% last year). Another way tax reform has been affecting the housing market is in the form of migration to places with lower taxes, a trend we’ve noted in reports on Redfin.com user search patterns.

More than a year after the tax code overhaul, less than half of homebuyers (47 percent) say that tax reform has had an effect on their home search, according to a March survey commissioned by Redfin of more than 2,000 U.S. residents who planned to buy or sell a primary residence in the next 12 months.

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Tax reform had an effect on nearly half of homebuyers: Redfin President Trump’s tax reform package had an impact on nearly half of potential buyers searching for a new home, nine percentage points less than one year ago, according to a new Redfin survey.

Tax reform had an effect on nearly half of homebuyers: Redfin President Trump’s tax reform package had an impact on nearly half of potential buyers searching for a new home, nine percentage points less than one year ago, according to a new Redfin survey.

SEATTLE, May 17, 2019 /PRNewswire/ — (RDFN) – More than a year after the historic tax code overhaul, less than half of homebuyers (47%) say that tax reform has had an effect on their home.

14:50 ET Subscribe to our weekly e-newsletter, Top News. Studies see minimal tax reform impact on prices, buyers. Much has been made of the impact of tax reform on the housing market since two New York Fed economists concluded that the Trump tax bill had outsized negative consequences.

12:40 pm Market Update: Benchmark indices continued to trade near record highs as the Sensex was trading with 400 points gains but midcaps lose ground with the Nifty Midcap falling nearly half. tax.

Tax reform had an effect on nearly half of homebuyers: Redfin Wage growth fuels a shift in how millennials fund down payments Freddie prices its first CRT bonds backed by tax-exempt rental loans

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