Weekly Update

Weekly Top Stories – Tax Reform, 2018 home sales, bogus “coins” scheme

Weekly Top Stories
Top mortgage and real estate stories from this past week.Click To Tweet

Here are the top stories from the past week:

Forecast predicts more home sales in 2018

A National Housing Forecast predicts that 2018 should mark a turning point for the nation’s longtime housing shortage. Could this mean more affordable homes for millennials entering the market?  Perhaps.

Tax Reform and Mortgage Interest Deduction

The National Association of Realtors estimates that more than 32 million tax returns claim the mortgage interest deduction.  But it is changes to the standard deduction that actually impact home sales.

Entry-level homes driving price appreciation

The chief economist at Core Logic stated that the escalation in home prices reflects an acute lack of supply and a strengthening economy.

13-fold profit in a month?  SEC says “Halt!”

The U.S. Securities and Exchange Commission won an emergency asset freeze to stop an initial coin offering that defrauded investors.

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