2017 Real Estate Year in Review I Cambridge  I Somerville I Surrounding towns

What happened in 2017? We had another robust year with a real estate market fueled by a low inventory and a high buyers demand for housing.  Consequently, prices have increased under the market pressure and following bidding wars (an average of 5-6% over asked [...]

As you may be considering a purchase  and sale in the year 2018, or simply question the impact of the New Tax Reform called  the "Tax Cuts and Jobs Act”, below are a few highlights of how the new law may affect homeowners in their 2019 filing:

• It reduces the mortgage interest deduction limit to $750,000 for new loans taken out after

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