Housing: The market forecast, renovating and taxes
For more than a year it’s been a crazy seller’s market. But now interest rates are rising, and we are starting to hear murmurings of the potential “heat of the market” cooling just a bit. Or maybe it’s not. In this episode of Everyday Wealth™, Mark Zandi, chief economist at Moody’s Analytics, joins Jean and Soledad to discuss the housing market forecast and what buyers and sellers should consider. Later in the episode, Brian Leslie, a wealth planner from Edelman Financial Engines, joins the show to discuss home improvements and renovations and potential tax deductions.
Neither Financial Engines Advisors L.L.C. nor its affiliates offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances.