Economic Forecast Hinges on Policy, Tax Reform

The economy could get a lift from tax reform, with homebuyers and homeowners likely having more income, but less in the way of write-offs, according to Fannie Mae’s Economic & Strategic Research (ESR) Group’s recently released Economic and Housing Outlook for January 2018. Analysts believe housing will again be marked by short supply this year.
“The new tax laws are likely to motivate a mixed response in the housing market: Increased disposable household income should lead