NY Property Tax Reduction Blog

Westchester Home Sales Plunge After Trump’s Tax Overhaul

Westchester Home Sales Plunge After Trump’s Tax Overhaul

Posted on Tuesday, July 17, 2018 by Granite Admin

The nation's new tax law is scaring would-be Westchester homebuyers.


Home purchases in Westchester -- which shoulders the biggest property-tax burden in the U.S. -- plunged 18 percent in the second quarter from a year earlier, the most since 2011, according to a report Thursday by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. It was the fourth consecutive quarter of sales declines.