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...
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