Changing Homeownership Tax Incentives Restricts Mobility

Infographic: Homeowners Say Changing Homeownership’s Tax Incentives Restricts Mobility, Causes Financial Strain

WASHINGTON (December 12, 2017) – An overwhelming majority of homeowners would take advantage of the mortgage interest deduction and state and local property tax deductions if they were to purchase a new home, and a notable share said that the proposed changes to these tax incentives would affect their budget and desire to move in the future.

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The Tax Bill – Analysis

REALTOR Analysis Of Tax Bill Is Worth Examining

By Bob Hunt

December 11

It is no secret that the National, State, and Local Realtor® associations are strongly opposed to certain provisions in both the House and Senate versions of the current tax reform bills. The REALTOR® concerns range from worry that changes to the present capital gain exclusion will result in a further decrease to for-sale inventory, to concern that proposals regarding mortgage interest and property-tax deductibility are liable to decrease home ownership rates and to drastically depress property values.

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Changes in Tax Law

Changes in tax law may prompt homeowners to move to other states

By Kenneth Harney

December 6

Whether you already own a home or are thinking of purchasing, the tax legislation pending before Congress poses serious questions: Am I going to get smacked with punitive new taxes? Will the value of my home decrease because previous real estate tax benefits have been stripped away? Or am I one of the lucky ones, well insulated against big losses?

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A Little Real Estate Quiz

How Well Do You Know Real Estate? Time to Find Out

Is real estate a countercyclical sector? Answers to these and other questions in this WSJ quiz

By Jane Hodges

December 3

Real estate is an important component of the U.S. and global economies. For many Americans, homeownership doubles as a first investment. Beyond a primary residence, investors also can buy into the commercial real-estate market: Office buildings, multifamily housing, hospitals, parking lots, storage facilities, retail properties, call centers, distribution hubs, hotels and restaurants form a sector with its own economic ups and downs.

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Avoid Missing Out on Your Dream Home

Five No Regrets Real Estate Buying Strategies To Avoid Missing-Out
By PJ Wade
December 4
In real estate, “the one that got away” stories get told and retold, usually with little satisfaction to the teller.

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Mortgage Rates Inch Lower

Mortgage Rates Inch Lower

MCLEAN, VA–(Marketwired – Nov 30, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the average 30-year fixed mortgage rate inching lower.

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Tips to Raise your Credit Score

Slaying That Credit Score – New Tips For A New Year

By JAYMI NACIRI

November 29

Getting ready to buy a house or just thinking about it? Where to buy, what to buy, and how you’ll afford it are probably top of mind. But if you’re not also concentrating on your credit score – and by concentrating on, we mean actively trying to raise your scores as much as possible – you’re not looking at the whole home-buying picture.

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Lenders Make It Easier for First-Time Buyers

Lenders make it easier for first-time buyers to obtain mortgages

By Kenneth R. Harney

November 28

Here’s an important question for anyone who is hoping to buy a home next year but who isn’t quite confident about qualifying for a mortgage: Is it true that lenders have eased up on certain key requirements, making it simpler for first-time buyers and others who can’t pass all the strict tests to get approved?

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Home Sales Grow 2.0 % in October

Existing-Home Sales Grow 2.0 Percent in October

WASHINGTON (November 21, 2017) – Existing-home sales increased in October to their strongest pace since earlier this summer, but continual supply shortages led to fewer closings on an annual basis for the second straight month, according to the National Association of Realtors®.

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Class-Action Suit against Equifax

Data breach at Equifax prompts a national class-action suit

By Kenneth R. Harney

November 22

The scenario that personal finance and credit experts feared most about the heist of consumer data from Equifax may already be underway: Criminals are using the stolen information to apply for mortgages, credit cards and student loans, and tapping into bank debit accounts, filing insurance claims and racking up substantial debts, according to a major new class-action suit.

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