President Donald Trump’s campaign tax pledges — no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors — are the centerpiece of a multitrillion dollar package that will serve as Republicans’ signature legislative effort. In a draft version of the tax bill released on Monday, House Republicans highlighted the […]
GOP tax bill prioritizes Trump campaign vows, increases SALT Read More »
Bloomberg News Prices continued to trend down toward the Federal Reserve’s 2% target last month despite the rollout of sweeping tariff hikes. The Consumer Price Index rose 0.2% in April for an annualized increase of 2.3%. Core CPI, which factors out food and energy, was up 0.2% on the month and 2.8% year over year.
CPI inflation continues to trend down despite tariff rollout Read More »
Especially in areas where inventory is rising, both homebuilders and sellers are sweetening the deal for buyers with things like paid closing costs, mortgage rate buy-downs, and more. In the industry, it’s called a concession or an incentive. What Are Concessions and Incentives? When a seller or builder gives you something extra to help with
Why Buyers Are More Likely To Get Concessions Right Now Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors. The top five lenders with the most VA loans had an average of 30,887 loans guaranteed in 2024. The average loan amount for these top five lenders was $366,358 and the average total loan amount for the top five lenders was more
20 lenders with the most VA loans in 2024 Read More »
While much of the housing industry views Rocket Companies’ proposed acquisition of Redfin as a foregone conclusion at this point, at least one common stock holder is saying not so fast. On Friday in U.S. District Court in Seattle, plaintiff Jason Morano filed a lawsuit accusing the two companies of breaching their contracts, engaging in
Redfin stockholder files suit over disclosures in Rocket deal Read More »
In a strongly worded op-ed, U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner defended the recent repeal of the Affirmatively Furthering Fair Housing (AFFH) rule. Turner argued in The Gazette, an Iowa-based newspaper, that AFFH represented a federal overreach into local housing decisions and hurt the very communities it claimed to help.
HUD secretary defends repeal of fair housing rule Read More »
The House tax committee is looking to raise the cap on the state and local tax deduction (SALT) and formally adopt several of President Trump’s campaign tax promises as part of a multi-trillion-dollar package, Republicans’ main legislative priority. The draft legislation, introduced by the tax-writing Ways and Means Committee in the House of Representatives on
House bill calls for bigger SALT tax breaks Read More »
The weekly pending home sales picked up this week as expected, with 2.6% more pending home sales contracts started than a year ago. If you’re following the data closely, you know that home sales are still running at or below last year’s pace. Year to date, through the first week of May, we count 3%
More home sellers and home sales in May Read More »
ERA Experts — a franchise affiliate of ERA Real Estate — has made a strategic investment in Austin-based Sprout Realty LLC, which will now operate as Sprout Realty ERA Powered. Leaders said the move is aimed at accelerating Sprout Realty’s growth across Austin, Waco, Dallas-Fort Worth and other parts of northwest Texas, while allowing the
ERA Real Estate franchise affiliate announces Texas partnership Read More »
Better Homes and Gardens Real Estate Heritage Group has acquired Manchester, Tennessee-based Advantage Realty Partners in a move to strengthen its presence and market share across middle Tennessee. The acquisition brings the firm’s total footprint to three offices and roughly 80 affiliated sales associates. Melissa Sterling, principal broker and owner of Better Homes and Gardens
Better Homes and Gardens Real Estate expands in Tennessee Read More »