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Terri Olshanski

REALTOR/Sales Associate, SFR (201) 207-1957

Terri Olshanski

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Tax Reform and Its Housing Market Implications

(Published on - 2/17/2018 7:42:19 PM)

Hello, 

I know many of you are worried about how the new tax reform will effect the housing markets, especially those of us with high property taxes! First off, take a deep breath...it is too early to predict, but some things remain certain:

  • The DREAM of home ownership is driven by more than tax deductions 
  • The limited deduction on real estate taxes and mortgage interest will be offset by lower tax rates- and most will come out ahead
  • A high probability for continued strong economic growth and wage increases which drive home sales

 

In the coming weeks, I plan to attend several meetings and seminars by tax and real estate professions.  I will update you in the blog or feel free to call me and I will share with you what I have learned.

Also, now is the time to begin preparing your home for the spring market- I would be happy to give you a no obligation comparative market analysis of your home and give you some staging ideas to get you started in the right direction!

I hope to hear from you!


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REALTOR/Sales Associate, SFR

Terri Olshanski

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