PropertyValues

How to Take a Tax Loss When Property Values Fall

A reader named Sally bought a property that has since fallen in value. If she sells it for less than she paid, what effect will it have on her taxes? DailyFinance's Laura Rowley has the answer.

Home Sellers Still Fighting the Need to Reduce Prices

Sales of previously owned homes hit a six-month low in May, and overpriced inventory is a key factor. Though we all watched the real estate market crater, most sellers are still overpricing their homes, and the worst price optimists are the ones who bought after the housing bubble burst.