Fewer properties for sale this La­bor Day week­end

Palm Beach Daily News - - FRONT PAGE -

Sand­wiched be­tween the dog days of sum­mer and the sea­son, La­bor Day isn’t tra­di­tion­ally a big house-hunt­ing hol­i­day in Palm Beach. But a trip to the is­land this week­end is likely on at least a few shop­pers’ agen­das, given the con­tin­u­ing re­ver­ber­a­tions from last De­cem­ber’s tax over­haul. That’s es­pe­cially true for would-be trans­plants from higher-tax states.

Those in the mar­ket will find fewer houses and con­do­mini­ums listed for sale than at this time last year. That tight­ened hous­ing pic­ture that has been a con­sis­tent theme over the past six months, real es­tate ob­servers say. A year ago, house hunt-

Dar­rell Hofheinz

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