CoreLogic: More Homeowners Are Paying Capital Gains Taxes
Nearly 8% of U.S. homes sold in 2023 exceeded the capital gains tax limit of $500,000.
Nearly 8% of U.S. homes sold in 2023 exceeded the capital gains tax limit of $500,000.
Nearing $52 trillion, the U.S. housing market has rebounded since 2022 downturn.
Suburban appeal, Millennial influence, and 30-year mortgages shape dynamic real estate market.
But tide for buyers could be turning as homes take longer to sell.
Cities with home values over $1M declining more than national average.
Bay Area housing market lost the most in percentage terms.
A recent Zillow survey says that first-time home buyers should line up financing first before home shopping.
First American report states that, a year ago, only four markets were considered overvalued.