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Real Estate
How to calculate capital gains taxes when selling your home
Westend61 | Westend61 | Getty ImagesAs home values climb, more Americans owe capital gains taxes when selling property. But knowing how to calculate your home's profit could reduce your bill, experts say.Most Americans do not owe taxes…
House buyers in China’s Tianjin have been waiting 8 years for their homes
People wait at the train station of Wu Qing, Tianjin, on January 8, 2016.Fred Dufour | Afp | Getty ImagesBEIJING — A group of around 1,500 homebuyers in the Chinese city of Tianjin, near Beijing, have yet to see — let alone move into to…
Here are key things to know before you buy a house abroad
Courtneyk | E+ | Getty ImagesMortgages, currency exchange complicates a purchaseWhile there may be similarities to the U.S. market when buying a home overseas, there are also unique challenges on the financial side of the…
Why the 30-year fixed-rate mortgage is a ‘uniquely American construct’
monkeybusinessimages | GettyMost U.S. homebuyers taking out a mortgage opt for a 30-year fixed-rate option — but they may not realize how unusual that offering is."The 30-year fixed-rate mortgage is a uniquely American construct," said…
Weekly mortgage refinance demand rose 5% after dip in mortgage rates
A sign advertising a home for sale is displayed outside of a Manhattan building on April 11, 2024 in New York City.Spencer Platt | Getty ImagesMortgage rates are significantly higher than they were at the start of this year, but they…
How to reduce capital gains taxes on your home sale
The Good Brigade | Digitalvision | Getty ImagesMore Americans are paying capital gains taxes on home sale profits amid soaring property values — but there are ways to reduce your bill, experts say.In 2023, nearly 8% of U.S. home sales…
Renters’ hopes of being able to buy a home have fallen to a record low, New
A sign advertising a home for sale is displayed outside of a Manhattan building on April 11, 2024 in New York City. Spencer Platt | Getty ImagesThe dream of home ownership has gotten even further away for renters, with higher housing…
Demand for riskier adjustable-rate mortgages hits highest level of the year
An aerial view shows a subdivision that has replaced the once rural landscape in Hawthorn Woods, Illinois.Scott Olson | Getty ImagesWhen mortgage rates rise, consumers look for any way to lower their monthly payments, and that often…
Saudi Arabia says all NEOM megaprojects will go ahead as planned
Digital render of NEOM's The Line project in Saudi ArabiaThe Line, NEOMSaudi Arabia's economy minister rejected recent reports that the kingdom's $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is…
How to make your home hurricane resistant amid climate change
Ryersonclark | E+ | Getty ImagesMaking your home hurricane resistant can be a significant financial undertaking. But it's one that has the potential to pay off as such storms become more intense amid climate change.In 2024, the national…