08/28/2026
A tax rule from 1997. A housing market from 2026. They don't match up anymore❓Christian Kelly, President & CEO of HomeServices of America, is explaining why it matters.
Nearly 30 years ago, Congress set the capital gains exclusion on a primary home sale at $250,000 for individuals and $500,000 for couples. It hasn't been adjusted since — not once, even as U.S. home prices have risen roughly 256%.
Read the full article in Mansion Global to see how Kelly's perspective is shaping the conversation on this outdated tax rule 👉 https://www.mansionglobal.com/articles/this-1997-u-s-tax-rule-is-keeping-homeowners-stuck-a6fddfcb
📉 Why the $250,000/$500,000 capital gains exclusion "just no longer really applies"
🏡 Why surviving spouses are hit hardest
💰 Why home equity is, in Kelly’s words, "taxing something that was never meant to be taxed"
🔑 Why getting baby boomers comfortable selling matters for the entire housing market