Great legislation for homeowners! The Texas Association of Realtors and Your Real Estate Professional, Christina Catalano, support the Texas Legislature in their proposal that would bring tax relief to homeowners.
This proposal would increase the homestead exemption and offset some of the tax increases we are seeing with rising home prices. The legislation also includes constitutional prohibition on the application of a tax on real estate transactions. This would protect buyers and sellers from increased costs of home purchase and sales, helping keep homes affordable in Texas!