New bill seeks elimination of capital gains tax on home sales

Rep. Craig Goldman (R-Texas) introduced legislation this week, dubbed the Don’t Tax the American Dream Act, that would eliminate federal capital gains taxes on the sale of primary residences. “Americans are overtaxed. The Don’t Tax the American Dream Act repeals costly capital gains taxes on home sa

Gen X, millennials set to inherit trillions in real estate wealth

For years, the coming wealth transfer sounded theoretical. Now it’s showing up in closing rooms, estate sales and sudden all-cash offers as younger buyers inherit property — and purchasing power — at unprecedented scale. Coldwell Banker Real Estate released its Global Luxury 2026 Trend Report, findi

New Venture Escrow expands into Los Angeles

New Venture Escrow has opened a new office in Los Angeles, expanding its operations into one of the nation’s largest real estate markets. The independent escrow company said the new location will be staffed by escrow officers Marcine Kline and Carmen Alvarado — two longtime professionals in the Los

DOJ investigation clouds future of Fed chair nomination

The future of the Federal Reserve‘s leadership is in limbo due to an investigation into current Fed Chair Jerome Powell that has prompted bipartisan backlash. Following the news about a Department of Justice (DOJ) probe into Powell, Sens. Thom Tillis (R-N.C.) and Elizabeth Warren of (D-Mass.) accuse