Home Prices Decline in Mamaroneck Due to Tax Law

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Houlihan Lawrence lists 1 Durham Rd., Larchmont for $3,795,000

 

Bloomberg News reports the Mamaroneck area has experienced a 13 percent decline in median home prices under the new Federal Tax Law.

The Trump administration imposed a $10,000 limit on deductions for property and state and local taxes, a move that is hitting affluent counties like Westchester, the hardest.

Here’s the story.

 

 

 

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