Tax Exclusion on Home Sales

Billions could be at stake if Congress tinkers with tax exclusion on home sales

By Kenneth R. Harney

May 16

It’s often the biggest pot of gold available to any homeowner, yet its fate remains unclear under the main plans for a tax code overhaul proposed so far on Capitol Hill.

The capital gains “exclusion” allows eligible owners to pocket up to $250,000 (taxpayers filing singly) or up to $500,000 (joint filers) from the net gains on their home sales, tax-free.

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Zillow Misstep

Real estate lawyer sues Zillow, calls Zestimate a ‘tremendous roadblock’ to selling her home

By Monica Nickelsburg

May 9

Since its inception, Zillow’s home-value calculator, know as the “Zestimate” has been one of the most controversial features of the company’s real estate portal. Zillow co-founder Rich Barton openly admitted to GeekWire that the tool is “very provocative and personal and a little voyeuristic.”

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Ten Tips For Buyers

10 Tips for Spring Home Buyers

By Alycia Lucio

May 4

Follow these 10 tips to make the home-buying process a happy one.

The arrival of spring means it’s time to start fresh. Along with pulling out your warm-weather wardrobe and tackling spring cleaning, you may have a bigger project on your to-do list: buying a new home.

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4 Rules to Sell a House

How to Sell a House: 4 New Rules That Can Make or Break a Sale

By Daniel Bortz

May 3

These days, knowing how to sell a house isn’t as simple as sticking a “For Sale” sign on your lawn. Times have changed-and the good news is the market is largely tilting in your favor.

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Pending Home Sales Dip in March

Pending Home Sales Dip 0.8% in March

WASHINGTON (April 27, 2017) – Pending home sales in March maintained their recent high level, but momentum slackened slightly in most of the country as dearth supply weighed on activity, according to the National Association of Realtors®. Only the South saw an uptick in contract signings last month.

The Pending Home Sales Index, www.nar.realtor/topics/pending-home-sales, a forward-looking indicator based on contract signings, declined 0.8 percent to 111.4 in March from 112.3 in February. Despite last month’s decrease, the index is 0.8 percent above a year ago.

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Existing Home Sales Jumped in March

Existing-Home Sales Jumped 4.4% in March

WASHINGTON (April 21, 2017) – Existing-home sales took off in March to their highest pace in over 10 years, and severe supply shortages resulted in the typical home coming off the market significantly faster than in February and a year ago, according to the National Association of Realtors®. Only the West saw a decline in sales activity in March.

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Treasury Down-Payment Assistance

Do You Qualify for Treasury Down Payment Assistance?

By LAURA HAVERTY

April 18

A home of your own could be within your reach.

It’s spring, and some renters’ thoughts may turn to home buying. Then reality hits: Between paying off student loans, paying rent, and keeping up with other bills, they haven’t saved for a down payment.

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How to find the best Real Estate Agent

How to find a real estate agent who’ll best meet your needs

By Ilyce Glink and Samuel J. Tamkin

April 17

How do I find the best real estate agent? And how do I choose which real estate agent to use?

I’m learning a lot going through the process of “properly” selling my house. I interviewed five real estate agents the Saturday before last, and I was amazed by the range of differences in their attitudes and approaches to selling real estate.

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Mortgage Rates Hit Lowest of 2017

Mortgage Rates Hit Lowest Mark of 2017

MCLEAN, VA–(Marketwired – Apr 13, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year mortgage rate dropping for the fourth consecutive week and hitting a new low for 2017.

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Advice for Retirees regarding Real Estate

5 Major Mistakes That Retirees Make With Real Estate

By Julie Ryan Evans

April 13

You’ve worked hard year after grueling year and, finally, retirement is on the horizon. There’s nothing ahead for you but lazy days of relaxation and idle time to pursue those back-burner hobbies. Hey, you’ve earned it!

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