Homebuyers who earn more than $150,000 reported the biggest impact. Click through to see how many said new tax codes affected their search.
Read More »Study: Tax Savings to Benefit Housing Market
Despite detracting from some former homeowner tax benefits, the Tax Cuts and Jobs Act will spur billions in spending in the housing industry, according to estimates from Zillow. Americans are primed to channel $13.2 billion in tax savings toward the ...
Read More »Will Tax Reform Drive Migration in Years to Come?
While many are already examining the near-term effects of the tax reform passed a few months ago, could it have larger implications for where people choose to live in the long run? In a recent Wall Street Journal op-ed, a ...
Read More »Making Mortgage Forgiveness Tax Relief Permanent
United States tax policy has been in the spotlight in recent months, with President Trump signing the Tax Cuts and Jobs Act into law in December, and experts debating what the long-term impact of the bill will be ever since. ...
Read More »States Trying to Circumvent Federal Property Tax Changes
While the long-term effects of the recently passed Tax Cuts and Jobs Act remain to be seen, one of the more controversial changes in the law involves caps on interest payment deductions and property tax deductions. Prior to the tax ...
Read More »Majority of U.S. Homeowners Planning Improvements
For the fifth year in a row, LightStream, the online lending division of SunTrust Bank, has conducted their annual Home Improvement Survey, taking a magnifying glass to how homeowners plan to remodel, improve, and repair their homes this year. According ...
Read More »Fannie Posts Q4 Losses, but Remains Optimistic
On Wednesday, Fannie Mae released its Q4 2017 financial statement, and as expected, the GSE posted major losses for the quarter. It also posted an annual revenue in 2017 that was nearly $10 billion down from 2016. By the end ...
Read More »Is the State of Housing Strong?
On Tuesday evening, President Trump delivered his State of the Union address before the Congress. The White House released excerpts from the speech before it began, highlighting a focus on immigration reform, infrastructure, national security, and the economic impacts of ...
Read More »Lack of Affordable Homes Driving Nationwide Migration Trends
Redfin CEO Glenn Kelman recently appeared on CNBCÂ to discuss the state of housing industry and the overall trends he is seeing in the early days of 2018. Kelman highlights the continued lack of affordable housing, the early and surprising impacts ...
Read More »JPMorgan Raising Wages After Passage of Tax Reform
While the long-term impacts of the tax reform bill passed by Congress and signed into law by President Trump remain to be seen, at least one major corporation is investing some of their tax windfall into continuing growth. According to ...
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