Rep. Craig Goldman (R-Texas) introduced legislation this week, dubbed the Don’t Tax the American Dream Act, that would eliminate federal capital gains taxes on the sale of primary residences. “Americans are overtaxed.... Read more »
Vella Group has secured Los Angeles City Planning Commission approval for its 670 Mesquit project, a 1.8-million-square-foot, $1.4-billion mixed-use development. The Planning Commission nod comes eight years after the developer first proposed... Read more »
U.S. mortgage holders experienced a home equity increase in the third quarter of 2024 — up 2.5% year over year to a total of $17.5 trillion nationwide. But that was down from... Read more »
Optima, Inc. has received final village board approval for Optima Lumina, a 128-unit luxury residential building in downtown Wilmette on Chicago’s North Shore. The six-story building features one- to three-bedroom residences of... Read more »
A key skill to being a real estate agent is judging a buyer’s mood. So how are consumers feeling on a wide scale? Consumer sentiment dipped slightly in the early days of... Read more »
The real estate industry illuminati believe that mortgage rates dropping below 6% will get housing markets moving again, but there’s growing evidence that the recent decline in rates is already doing so.... Read more »
Title Resources Group (TRG) has closed its acquisition of Doma Holdings, the parent company of Doma Title, according to an announcement on Friday. The sale was first announced in late March 2024.... Read more »
A metro area’s median price surpassed $2 million (San Jose, Calif.) for the first time since NAR began tracking metro area single-family home prices in 1979. Key Highlights Single-family existing-home sales prices... Read more »
Blackstone is gaining 8,300 apartments across California with its $10 billion acquisition of AIR Communities. On Monday, Blackstone announced it was buying AIR Communities, also known as Apartment Income REIT, for $10... Read more »
Witthaya Prasongsin | Moment | Getty Images Despite a slump in U.S. home sales, many homeowners made a profit selling property in 2023. Those gains could trigger a tax bill this season,... Read more »