How tax-reform changes will affect homeowners and those considering buying
CLOSE After months of debate, Congress has released a final tax reform bill. The bill eliminates some personal exemptions while increasing the standard deduction.
The nation’s homeownership rate recently rose on an annual basis for the first time in what seems like forever — the first gain since 2004.
If this trend is to continue, however, it will have to swim upstream against some of the changes brought about by income-tax reform.
Many factors affect homeownership aside from tax policy. They include pride of ownership, stability of location and relatively predictable financial... read more