Possible Tax Advantages for Homeowners in 2025

Possible Tax Advantages for Homeowners in 2025

By Andrew Dorn Costs like mortgage interest and personal property taxes up to a certain limit may be deducted to reduce tax bills, plus some home improvements in certain cases. RALEIGH, N.C. — The 2025 tax filing season is underway, and there are several tax benefits...
High Prices Are Trump’s Major Economic Challenge

High Prices Are Trump’s Major Economic Challenge

The annual inflation rate has risen in the three months since the November election to 3%, with gasoline prices climbing, recent reports show. WASHINGTON (AP) — As a candidate last year, Donald Trump suggested he could easily conquer inflation and ease voters’...
U.S. Office Market: Investors Are Coming Back

U.S. Office Market: Investors Are Coming Back

MSCI data: In 2024, the volume of office building sales rose by 20% from a year ago to $63.6B, the first increase in sales volume since 2021. NEW YORK — Data from Morgan Stanley Capital International (MSCI) show that in 2024, the volume of office building sales rose...
30-Year Mortgage Rates Continue to Decrease

30-Year Mortgage Rates Continue to Decrease

By Alex Veiga The average rate on a 30-year mortgage fell to 6.87% from 6.89% last week, but rates on 15-year mortgages rose to 6.09% from 6.05%, Freddie Mac said. NEW YORK – The average rate on a 30-year mortgage in the U.S. eased for the fourth week in a row, an...
New NAR Guide Covers Escrow, Earnest Money

New NAR Guide Covers Escrow, Earnest Money

By Amy Connolly NAR explains escrow, earnest money and their role in real estate transactions in its newest Consumer Guide. View all of the guides at facts.Realtor. ORLANDO, Fla. — What is an escrow account, and why do I need one? Why should I put down earnest money?...