Based on the new tax law, there is no change for capital gains on the sale of a home and deductibility of interest paid for a second home. However, the new law affects the deductibility of mortgage interest and real estate taxes.
The national index level in October reached a new high and is up 6.2 percent from a year earlier.
In 2017, the time on market plummeted to an all-time low—at just three weeks—to sell a home.
REALTORS® report “low inventory” and “tax reform” as the major concerns affecting transactions in November 2017.
An overwhelming majority of recent home buyers this year worked with a real estate agent to purchase a home at 87%.
Stronger demand amidst lagging inventory levels caused home prices to continue accelerating in most metropolitan areas.
A new report compares the income, business activity, and demographic characteristics of each race and ethnicity.
Existing home sales rose 2.0 percent in October from one month prior while new home sales increased 6.2 percent.
Respondents from Florida, which was battered by hurricane Irma, generally reported “strong” buying activity compared to one year ago.
The National Flood Insurance Program (NFIP) must be periodically reauthorized by Congress in order to continue issuing or renewing flood insurance policies.
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