Mortgage And Real Estate News

Friday, May 20, 2016

Selling your house? Two is the magic number for a big tax break

Are you a homeowner who wants to tap into the spring house buying season? Or perhaps you were a seller who benefited from the rise in home sales last year.

If so, you may have realized or will soon enjoy a sizeable financial gain. Home prices rose 6 percent last year. And according to economist Lawrence Yun of the National Association of Realtors, they are also expected to increase 4 to 5 percent in 2016.


Reuters: Business News

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