Home Sales Up Despite High Prices

Existing-home sales in central Indiana rose 6.3 percent in November while prices continued to rise and inventories continued to shrink. In the 15-county area, closed home sales rose from 2,649 in November 2016 to 2,817 last month, according to data released Tuesday by the MIBOR Realtor Association. Area home sales have risen on a year-over-year

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Housing and Tax Reform

Housing and Tax Reform: Where Could the Impact Land? By Suzanne De Vita Homebuyers and homeowners are anticipating fallout from the Tax Cuts and Jobs Act, which has changed homeownership incentives, including the deductions for mortgage interest and state and local taxes. How deep the effect is hinges on location, according to new research. With

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High Rents = Buying More Attractive

Skyrocketing rents make mortgages more attractive by Ryan Smith30 Nov 2017 Rising rents are making renting less and less affordable, while mortgage payments are accounting for a smaller share of income than they have historically, according to new data. Currently, the median US rental eats up 29.1% of the median monthly income, according to a

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