🏡 Why staying put in a home that's grown in value might not be the best move.

jamielcash

Did you know that nearly 8% of homes sold in 2023 exceeded the capital gains limit of $500,000 due to appreciation?

Homeowners in rapidly appreciating areas like New York, New Jersey, Florida, Colorado, Massachusetts, and California have been particularly affected. Those selling their property with significant equity find themselves in a tough spot.

Read this article to gain a better understanding of this topic.