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Terry Story’s Real Estate Survival Guide podcast includes her weekly round-up on NPR's "The Steve Pomeranz Show," WLRN and affiliates. The show provides expert advice in all aspects of the real estate transaction from listing to negotiations; to sales and purchase and everything in between.
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Friday Mar 02, 2018
Friday Mar 02, 2018
The sweeping tax reform, that was signed into law on December 22, 2017, is a massive document riddled with errors, handwritten notes, and the like, so the real impact on real estate isn’t quite clear. What is clear is the elimination of mortgage interest deduction on new home loans bigger than $750,000. (Existing mortgages are grandfathered in.) The deduction also applies to second homes. Terry believes the interest elimination may lower demand for homes priced above $750,000. Feb 7, 2018
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