Joel and Kathryn Friedman are among many homeowners delaying sales due to hefty capital gains taxes. With potential bipartisan efforts to eliminate this tax, will more retirees be able to downsize?
The U.S. housing market faces a significant slump, with May marking the slowest home sales since 2009. Despite a slight monthly increase, affordability issues persist, keeping buyers at bay amidst rising prices and high mortgage rates.
