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Beyond the Fiscal Cliff: Ramifications Still Loom for Real Estate

By Andrew Klappholz

While the year began with a temporary reprieve due to the fiscal cliff resolution in Washington, real estate brokers continue to sort out the new playing field for the industry as the executive and legislative branches of government wrangle over the federal deficit and the looming sequester. That said, It appears that - for the time being - there will be some stability in the market, mainly because the president and Congress agreed to leave the mortgage interest deduction alone.

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