Evan Liddiard News Today

Despite a threefold increase in home prices, when a home is sold today, the amount of profit exempt from taxation remains pegged at a level established in 1997.

Advocates waged an extensive campaign against some real estate taxes, but not everyone is happy with the final bill.

Democrats are pushing hard for the legislation, which could have far-reaching effects on housing and other industries.

NAR President Leslie Rouda Smith addressed three priorities NAR will take to lawmakers: addressing inventory supply and affordability, fair housing, and demonstrating how NAR research products can affect policy.

Single sellers can exclude $250,000 from their taxable profit and married sellers $500,000. The amounts haven’t changed in 25 years.

Hundreds of real estate professionals gathered to hear the latest updates on federal issues impacting the industry during NAR's annual REALTOR® Conference & Expo.