Short-term residential rentals are the best thing since sliced bread for folks who use them. But, they may be negatively impacting your own home’s value.
Pending home sales expanded in most of the country in July and reached their second highest reading in over a decade. Only the Midwest saw a dip in contract activity last month.
Your tax dollars help support VA loans, an important and well-earned benefit for America’s military, including over 630,000 who bought homes this year alone.
Pending home sales moved slightly higher as supply and affordability prevented a bigger boost in activity from mortgage rates that lingered near all-time lows through most of the month.
Boosted by a greater share of sales to first-time buyers not seen in nearly four years, existing-home sales climbed 1.1% to a seasonally adjusted annual rate of 5.57 million in June.
Protect Your Home Tax Deduction
Don’t let Congress take away your Home Interest Deductions!
Changes to the Mortgage Interest and Real Property Tax Deductions will harm the financial stability of American families. Urge Congress to oppose any changes to income tax deductions on your home.