U.S. Real Estate Prices Rise

This is a U.S. news story, published by Yahoo Finance, that relates primarily to Redfin.com news.

U.S. news

For more U.S. news, you can click here:

more U.S. news

real estate & housing news

For more real estate & housing news, you can click here:

more real estate & housing news

Yahoo Finance news

For more news from Yahoo Finance, you can click here:

more news from Yahoo Finance

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like real estate & housing news, you might also like this article about

States Offering Unique Tax Breaks

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest new homebuyers news, federal tax breaks news, real estate & housing news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

real estate prices

GOBankingRates

•

Business

Business & Economics

4 States Offering Unique Tax Breaks for New Homeowners

Summary

Nutrition label

79% Informative

The median sales price in the U.S. rose 5% over 2024 to reach $ 434,720 , according to Redfin.com .

Some states offer tax relief to first -time homebuyers via mortgage credit certificates (MCC) In North Carolina , you may be able to save up to $2,000 per year just through this tax relief program.

In Maryland , you can deduct $ 5,000 a year in contributions from your state taxes for 10 years .

“I always recommend working with a professional real estate agent and knowledgeable lender that can help you navigate all the options and determine what you qualify for based on your current housing situation and income,” said Horvat . More From GOBankingRates This article originally appeared on GOBankingRates.com : 4 States Offering Unique Tax Breaks for New Homeowners.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful