In an updated housing market report, Goldman Sachs noted three developments that are hindering the housing market. These include changes in the 2017 tax reform law that has made the cost of home ownership higher. In addition, a tight construction industry labor market and increasing regulatory costs are also putting a damper on the housing market.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.
