It appears that the US real estate sector provided some much-needed hope in the form of rising sales of existing homes in May, indicating that buyers have begun coming back despite high-interest rates and affordability challenges.There were 4.17 million sales on an annual basis, the highest level since late 2025 and also ahead of analysts' expectations. This rise indicates that a certain portion of buyers...
There's a new proposal before the U.S. House that gives older homeowners an incentive to sell. Introduced by Rep. Nicole Malliotakis of New York, the Nest Egg Protection Act would raise the capital gains exclusion for Americans aged 65 and over temporarily. For the next four years—from 2027 to 2030—homeowners who qualify may exclude up to $1 million in profits from taxation for property owned for at...
One Post-it note changed the lives of over 800 people living at San Lazaro Mobile Home Park in Boulder County, Colorado. After announcing their intention to sell the mobile home park at a whopping price of $42.5 million, approximately 213 families were left with the tough decision to make the purchase of the land under them or face losing everything that they had built over the years.As per the law, the...
Property tax relief may be just around the corner for many homeowners in Florida, but how much relief there will be, and at what cost, won’t be known until November arrives.Following a special legislative session held this week, lawmakers in Florida have now approved a ballot proposal that aims to increase Florida’s homestead exemption. With votes of 75-26 in the House and 30-9 in the Senate, the...
Offering way above asking price might win you the house, but it could cost you the loan. Here is how low appraisals are derailing real estate deals and what buyers can do to survive the financial fallout.
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