Author Archive

Who Owns a Half Million-Dollar Home?

After the release of the tax reform legislation from the House, last week’s question was “who will be affected by the new bill?” One of the key elements of the tax reform is the proposed capping of the mortgage...

Instant Reaction: August Owners’ Gains Forecast

The S&P CoreLogic Case-Shiller National Index shows that U.S. prices of single-family homes continue to rise. The national index level in August reached a new high and is up 6.1 percent from a year earlier.  But what does this...

Eliminating Real Estate Tax Deductions, and The Typical Homeowner

The Effect of Eliminating the State and Local Real Estate Tax Deduction on a Typical Homeowner Undoubtedly, all eyes in Washington are focused on the “Big 6” and the release of the tax reform framework some weeks ago. Under...

Highlights from “Social Benefits of Homeownership and Stable Housing”

Highlights from the full article included in the latest volume of the Journal of the Center for Real Estate Studies.  Research has consistently shown the importance of the housing sector on the economy and the long-term social and financial...

Raw Count of Home Sales (August 2017)

Existing-home sales dropped 1.7 percent in August from one month prior while new home sales declined 3.5 percent.  These headline figures are seasonally adjusted figures and are reported in the news.  However, for everyday practitioners, simple raw counts of...