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Married couples can shield up to $500,000 in home sale profits from capital gains, and single filers can exempt up to $250,000. In 2023, nearly 8% of U.S. home sales yielded profits exceeding $500,000, compared with about 3% in 2019, according to a new report.

Seventeen percent of California households could afford to purchase the $814,280 median-priced home in the first quarter of 2024, up from 15 percent in fourth-quarter 2023 and down from 20 percent in first-quarter 2023.

Nearly two-thirds of Americans born in the 1980s (62%) and more than half of those born in or after 1990 (55%) would buy their childhood home today if cost were not an issue.

MCLEAN, Va., May 09, 2024 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.09 percent.

California REALTORS® place open letter in California newspapers to mitigate confusion about pending changes in industry business practices. LOS ANGELES (May 1) – In light of the preliminary court approval of a settlement by real estate brokerages and the National Association of REALTORS®.

ST. HELENA, Calif.–(BUSINESS WIRE)–The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) announced the completion, effective April 30, 2024, of its acquisition of Sonoma-Cutrer Vineyards (“Sonoma-Cutrer”), one of the largest and fastest-growing luxury Chardonnay brands in the U.S., from spirits and wine company, Brown-Forman Corporation (NYSE: BF.B) (“Brown-Forman”).