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New Ohio Homeowner Initiative Seeks to Aid Lower-Income Seniors and Disabled Residents

New Ohio Homeowner Initiative Seeks to Aid Lower-Income Seniors and Disabled Residents

by Phil Hall | Sep 19, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bipartisan homeowner relief initiative has been raised in Ohio, this time with a focus on reviving the pandemic-era “Save the Dream” program. WSYX reports State Sens. Hearcel Craig (D-Columbus) and Michele Reynolds (R-Canal Winchester) introduced Ohio Senate...
Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable

Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable

by Phil Hall | Sep 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Most homeowners are concerned they will be unable to afford insurance on their residences, according to a new survey released by Realtor.com. The survey found 88% of respondents fearing they will pay for more homeowners insurance in the future while 42% confirmed they...
New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales

New Bill Seeks to End Federal Capital Gains Tax on Primary Residence Sales

by Phil Hall | Jul 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rep. Marjorie Taylor Greene (R-GA) has introduced the No Tax on Home Sales Act, which is designed to eliminate the federal capital gains tax on the sale of primary residences. Greene noted the IRS allows an exclusion of up to $250,000 ($500,000 for joint filers) in...
Buffalo Homeowners Face Prospect of 8% Property Tax Hike

Buffalo Homeowners Face Prospect of 8% Property Tax Hike

by Phil Hall | Apr 9, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners in Buffalo, New York, face the prospect of an 8% increase in their property tax under the $622 million budget proposed by Acting Mayor Chris Scanlon. WBEN reports Scanlon is proposing the tax hike to fill a $17 million mid-year budget fall that he inherited...
Newsom Backs Bill Providing Homeowners with Interest Earned on Insurance Payouts

Newsom Backs Bill Providing Homeowners with Interest Earned on Insurance Payouts

by Phil Hall | Feb 10, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom announced his support for new legislation designed to ensure that homeowners lenders benefit from the interest earned on insurance payouts, particularly those impacted by the recent Los Angeles County destructive wildfires. California law...
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