YOUR Home Sale: TAX-FREE?! Trump's Bold Move & Mortgage Rate SHOCKERS.
This week on "the WiRE," we dive into the housing market's perplexing paradox: record high home prices colliding with sharply declining sales and rising inventory. Is your home sale about to become TAX-FREE?
We dissect former President Trump's surprising proposal to eliminate capital gains tax on home sales and evaluate its potential impact on buyers and sellers, considering arguments that it might not solve underlying housing issues.
Plus, brace yourself for the latest mortgage rate SHOCKERS as the Federal Reserve holds firm on interest rates despite political pressure, influencing affordability and buyer activity. We also explore the emerging "accidental landlord" trend and how it's reshaping the rental supply and competition.
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