For the past 3 months, we’ve heard the following common concern from our Sellers of luxury Miami properties…
These are Miami Sellers whose properties are valued at $3.5 million up to $12 million. These Miami Sellers would like to sell but are not compelled to sell. Their concern is possible capital gains increases. At the current capital gains rate of 15%, they are eager to sell. However, they feel that their Miami home sale must be consummated by Dec. 31st, 2012 to minimize the capital gains. Being that this is unlikely with 30 days left in the year, they plan to take their properties off the market and wait for their Miami homes to appreciate (based on the current Miami market trends and today’s record low interest rates).
ShowcaseMiami Realty specializes in assisting homeowners to Sell their Miami home.
(Highest price in the Shortest period of time)
Jason Smith
Broker
Miami Realtor
Miami Listing Agent
ShowcaseMiami Realty
www.ShowcaseMiami.com
786-326-8115