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.
property values
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.
Is It Worth It? Buying vs. Renting a Home
The housing market crash has made millions of people reassess their choice of whether to rent or own their home. If you're trying to decide which course is right for you, DailyFinance breaks down the major factors you should consider in our new series, Is It Worth It?
New-Home Sales Plunge to a Record Low in July
It's a summer for the record books in the U.S. housing sector -- and not in a good way. New-home sales unexpectedly plunged 12.4% in July to the lowest level since the Commerce Department began keeping records for the statistic in 1963.
