The reason for the increase in sales does not seem to be a result of lower prices, at least not in Coral Gables. The “price per square foot” figure only fell $4.00 from the first quarter of 2009 to the first quarter of 2010. The reason is likely due to lower mortgage rates and general consumer confidence.

Other interesting figures: The average sale price for a home in Coral Gables during the first quarter of 2010 was $1,002,672 and the median was $645,000.

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Generally, real estate is subject to same capital gains tax, CGT rules. It is made on your main residence when you enter into contract for disposal, when change of ownership occurs or the asset is compulsorily acquired by an entity.

So how much is capital gains tax on real estate 2011? Not all of your long-term capital gains are taxed at 15%. The rate depends on income-tax bracket, the type of asset you sold, how long you held it and when you sold the real estate. For real estate, owned as investment, property owners hold property for more than one year and real estate investment trust (REIT) investors are in range of 25% income-tax bracket.

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The Real Estate Calculators estimate the tax consequences of selling real property. The Mortgage Calculators will calculate your monthly mortgage payment or compare two amortizing loans. The Business Calculators were derived from several business plans which were individually prepared for numerous multi billion dollar companies.

The calculators on Realestate-calc.com are set up specifically to allow the user the ability to focus on how each of the above factors may affect the potential economic benefit of refinancing an existing loan, and help take the user step by step through the process of understanding the application of these factors.