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Trump ‘Thinking About’ Eliminating Capital Gains Tax on Home Sales; Seemingly Supports Proposed Bill

USA Real Estate News-RISMedia - Wed, 2025-07-23 12:14

During a press conference Tuesday, President Donald Trump suggested his support for a bill proposed by Representative Marjorie Taylor Greene (R-GA) earlier this month. The proposed “No Tax on Home Sales Act” eliminates federal capital gains tax on the sale of primary residences.  “Families who work hard, build equity and sell their homes should not…

The post Trump ‘Thinking About’ Eliminating Capital Gains Tax on Home Sales; Seemingly Supports Proposed Bill appeared first on RISMedia.

Mortgage Applications Increase Slightly as Loan Amounts Dip to Recent Low

USA Real Estate News-RISMedia - Wed, 2025-07-23 12:13

Purchase applications increased this week, albeit only slightly while higher mortgage rates linger and affordability challenges continue to vex the housing market.  According to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA) for the week ending July 18, the Market Composite Index (a measure of mortgage loan application volume) increased 0.8%…

The post Mortgage Applications Increase Slightly as Loan Amounts Dip to Recent Low appeared first on RISMedia.

Tech Firm Lofty Announces Significant Investment in Its Customer Service Offerings

USA Real Estate News-RISMedia - Wed, 2025-07-23 11:15

Real estate technology firm Lofty has announced it has made a significant additional investment in its customer service offerings to support the more than 70,000 agents who rely on Lofty.  Among its new enhancements include a nearly 70% increase in training sessions, a new service-focused AI Assistant dedicated to helping agents get the answers they…

The post Tech Firm Lofty Announces Significant Investment in Its Customer Service Offerings appeared first on RISMedia.

Inventory’s up, but buyers aren’t biting as June sales slide again

USA Real Estate News-Inman - Wed, 2025-07-23 09:56
Existing-home sales declined by 2.7 percent from May 2025 but held steady compared to one year ago. Mortgage rates and high home prices continue to dissuade potential buyers.

Texas Broker Lawsuit Against NAR Thrown Out

USA Real Estate News-RISMedia - Wed, 2025-07-23 07:34

A federal lawsuit filed against the National Association of Realtors® (NAR) by a broker alleging antitrust violations in Realtor® membership requirements was largely thrown out yesterday, with Judge Reed O’Connor of the Northern District of Texas ruling that Lou Eytalis failed to plausibly argue NAR policies constituted an antitrust violation, and denying her the opportunity…

The post Texas Broker Lawsuit Against NAR Thrown Out appeared first on RISMedia.

What’s happening with home prices in your market? Pulse

USA Real Estate News-Inman - Wed, 2025-07-23 04:00
Sellers want their price, and buyers believe they deserve a break. So what's happening with home prices in your market, and how are you setting expectations with clients?
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