Finance

Finance 🏡 Homeownership & SALT Deductions: Big Tax Savings Ahead If you’re a homeowner—or thinking about becoming one—there’s great news from Washington. Thanks to the 2025 tax reform, you can now deduct up to $40,000 in state and local taxes (SALT), including property taxes. That’s four times the previous cap of $10,000! đź’ˇ Why This Matters Before this change, many homeowners in high-tax states like […]
Finance 🏡 Market Pulse: Late Summer Snapshot   Rates Drop, Opportunities Rise August brought welcome news: mortgage rates hit a 10-month low of 6.52%, sparking a 23% surge in refinance applications and renewed buyer momentum. Purchase applications rose 1.4%, now tracking 18% ahead of last year. Buyer-Friendly Shifts The housing market is rebalancing. Existing home sales climbed 2.0% in July, and inventory […]
Finance 🏡 Is Your Home Equity Being Taxed Away? If you’ve owned your home for years, you’ve likely built up significant equity. But did you know that outdated capital gains rules could cost you tens or even hundreds of thousands when you sell? Under current law, homeowners can exclude up to $250K (single) or $500K (married) in profit from taxes—but these limits haven’t changed […]
Finance 🏡 Real Estate Impact of Rate Cuts 📊 Graph Highlights: -Mortgage Rates: Drop steadily as interest rates are cut, making borrowing cheaper. -Home Prices: Rise due to increased demand and affordability. -Refinancing Activity: Spikes as homeowners rush to lock in lower rates. -Inventory Levels: Decline, since more buyers enter the market and supply struggles to keep up. This simulation uses illustrative data […]
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