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Report suggests capital gains tax is discouraging older homeowners from downsizing

Housing Wire

The capital gains tax is a federal tax that is applied when the sale of a particular asset including a home, personal items, or stocks and bonds held as investments is sold for more than [a sellers] adjusted basis, referring to the initial cost of the item being sold, according to the IRS. in 2003 and 3% in 2019.

Sellers 397
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Risks of nonbank mortgage sellers and servicers revisited

Housing Wire

These were 2000-2003, 2004-2008Q2, 2008Q3-2011, and 2012-2015. The baseline or reference level (odds ratio =1) for each odds ratio is the default risk of mortgages originated by depositories between 2000-2003. times more likely to become 90DPD+ than depositories from a more normal underwriting period (2000-2003).

Sellers 448
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Market Correction or Seller Panic?

Appraisal Buzz

This is a trend that leads me – and many others – to believe that we are quickly transitioning into a renter economy – much like the United Kingdom where their homeowner has fallen from 71% in 2003 to 63% in 2018. [2] Sellers are panicking right now which is almost always an opportunity for buyers. So, how do you comp in this market?

Sellers 435
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Who Is the Typical U.S. Homebuyer?

Appraisal Buzz

These were the biggest down payments for first-time buyers since 1997 and for repeat buyers since 2003. The highest documented average age of home sellers was 63 years old. Only 6% of sales were for-sale-by-owner, an all-time low, while 90% of sellers sold with the help of a real estate agent, up from 89% the previous year.

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57 crucial real estate statistics that explain the 2025 market

Housing Wire

The market action index is 37, indicating that there is a slight seller’s advantage. 89% of sellers used an agent to sell their home. 70% of sellers are repeat sellers, 30% are first-time sellers. 70% of sellers are repeat sellers, 30% are first-time sellers.

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Compass CEO Reffkin believes agents will still be valued in a post-settlement world

Housing Wire

First, more buyers are using agents in 2023 than in 2003. Through the client portal, homebuyers and sellers will be able to track and see everything their agent does, including prepping comparative market analyses, scheduling tours, coordinating with home inspectors and negotiating with the listing agent.

Agents 468
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Stewart starts 2022 with yet another acquisition

Housing Wire

Homeland Title has served homebuyers and sellers in middle Tennessee since 2003. The fourth largest title insurance underwriter by market share announced its acquisition of Nashville-based Homeland Title on Thursday. The terms of the deal were not disclosed. This latest acquisition expands Stewart’s presence in the Nashville area.

Investing 448