06/16/2026
Another reason for the low housing inventory on the market, especially here on Long Island, is due to the tax that homeowners with considerable home equity are hit with when they sell. The National Association of Realtors is currently lobbying to exclude more equity from taxation.
Curated by Smartbrief. NAR leaders are lobbying to expand the home equity tax exclusion, backing the More Homes on the Market Act as a fix for tight inventory. On S...