Tax Increase

As House Passes Middle-Class Tax Increase, Realtors® Say Their Work is Just Getting Started

WASHINGTON (November 16, 2017) – The House of Representatives today passed H.R. 1, the “Tax Cuts and Jobs Act,” a bill National Association of Realtors® President Elizabeth Mendenhall has called an all-out assault on homeownership.

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Mortgage Rates Bounce Up

Mortgage Rates Bounce Up

MCLEAN, VA–(Marketwired – Nov 16, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the average 30-year fixed mortgage rate moving to its highest mark since July.

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Senate Tax Bill Harsher Than House Proposal

Portions of Senate tax bill are harsher on homeowners than the House proposal

By Kenneth R. Harney

November 15

If you hoped that Senate Republicans would treat homeowners and buyers more kindly in their tax overhaul plans than their colleagues in the House did, you were an optimist. It didn’t happen.

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2017 Homebuyer Survey

2017 Homebuyer Survey Contains Valuable Information For Agents And Sellers

By Bob Hunt

November 13

One of the most useful research projects of the National Association of REALTORS® (NAR) is the annual survey of homebuyers and sellers. It is particularly useful because it shows sellers and their agents what works and what sources buyers use to find their new homes.

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Another view on GOP tax process

Real Estate Will Be Fine Under The Tax Cut and Jobs Act

By Jeffrey Dorfman

November 6

The process of tax reform has officially started with the release of the first draft of the House tax reform bill, dubbed the Tax Cut and Jobs Act. The National Association of Realtors and the National Association of Home Builders almost instantly came out in opposition to the plan because of two changes that will limit the deductibility of mortgage interest. Continue reading

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GOP Tax Proposal Hits Homeowners Hard

GOP tax proposal contains major headaches for homeowners

By Kenneth R. Harney

November 8

The message sent by Republicans in the tax overhaul bill they launched last week is unmistakable and blunt: We think homeowners and home buyers have gotten much too sweet a deal from the federal tax code for far too long – and now we’re going to whack them down. No other major sector of the economy gets hit so hard in the proposal in so many places as homeownership.

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House Bill Delivers Tax Hike on Homeowners

House Tax Bill Delivers Tax Hike on Homeowners

WASHINGTON (November 2, 2017) – Tax reform discussions took a major step forward this afternoon as leaders on the House Ways and Means Committee released its legislative proposal for an overhaul of the American tax code. The National Association of Realtors® believes the bill represents a tax increase on middle-class homeowners.

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Home Prices Rose In August

Home prices rose in August even as sales slipped

October 31

U.S. home prices rose sharply in August from a year ago, a trend that is thwarting many would-be buyers and potentially slowing sales.

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Hackers Prey On Homebuyers

Hackers prey on homebuyers, with hundreds of millions of dollars at stake

By Kenneth R. Harney

November 1

In this year of horrendous cyberheists – Equifax the most prominent – you’ve probably taken at least a few precautions: changed passwords, stopped opening files and links from unknown senders, upgraded your computer security measures, maybe put a freeze on your credit reports.

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Mandatory Pre-Sale Inspections

REALTOR® Association Sues City Over Mandatory Pre-Sale Inspections

By Bob Hunt

October 30

The Fourth Amendment to the Constitution of the United States of America provides that:

“the right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things seized.”

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