The mortgage interest deduction was considered the keystone to the American Dream of home ownership. It was a tax break that was viewed as untouchable because it would lower home values. However, Trump’s federal tax overhaul did undermine the deduction, but prices and transaction volume did not decline to the degree many analysts expected.
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.
