Real Estate & Home

Summer Hot Spot Eyes Transfer Tax on $1 Million Sales To Fund Local Housing

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Barnstable County in Massachusetts approved a real estate transfer tax on home sales of $1 million or more to fund affordable and year-round housing, aiming to address skyrocketing property prices that threaten the local community's stability. Content creators should note similar luxury taxes are being implemented nationwide as cities seek innovative ways to tackle housing affordability crises.

Read the full article at Realtor.com Blog

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