BrokerageIndustry News

‘Fiscal cliff’ bill addresses some key housing issues

Battle over mortgage interest deduction still to come
Published on Jan 2, 2013

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by CareyBot

When the monthlong congressional game of chicken known as the "fiscal cliff" ended late last night in the House of Representatives, housing and real estate emerged as winners on most key issues.

The Senate bill that finally passed the House by a 259-167 vote extended a number of federal tax code provisions that are important to homebuyers, sellers, builders and real estate professionals.

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