While recent housing market reports and trends have shown that older homeowners are unwilling to sell their homes for a variety of reasons, one of them may be the expected requirement to pay capital gains taxes stemming from the post-pandemic explosion of home-price appreciation, according to a report from Business Insider. While some homeowners are…
"January 6, 2025" Archives
Archive page
The New Year’s week was expected to be slow, so it’s no surprise that new listings and sales are down. Those will start rebounding in next week’s data. The Christmas and New Year’s holidays fell on Wednesdays this year, which messes up two full weeks in terms of getting home sales done and tracking the…
The U.S. Department of Housing and Urban Development (HUD) last week published a new request for information (RFI) in the Federal Register as it seeks to understand more about the turbulence in the home insurance market stemming from extreme weather, property resiliency, reductions in coverage and the withdrawal of some players from the home insurance…
Michael S. Barr will step down from his position as vice chair for supervision of the Federal Reserve Board. His resignation is effective Feb. 28, or until a successor is confirmed, the board announced Monday. Barr, who has served as vice chair for supervision since July 19, 2022, submitted his letter of resignation to President…