What's New This Month

Fall is Calling! That crisp chill in the air, leaves turning vibrant colors and yes—pumpkin-flavored everything. 


In real estate, fall brings its own energy: buyers and sellers return from summer vacations, inventory shifts, and serious deals start to take shape before the end of the year. I would say I hope you “fall” into success, but we all know thriving in our industry takes hard work; there’s no shortcut!


To help you get the season started on the right foot, I’ve gathered some informative and important articles below. Enjoy!


Best regards,

Rachel Showalter, Agency Operations Manager

6.8% of Homeowners in West Virginia Will Face a Hidden Home Equity Tax If They Sell

For long-term homeowners who now exceed the federal capital gains exemption, especially in appreciating pockets like Morgantown, Shepherdstown and parts of the Eastern Panhandle, a “hidden home equity tax” could hit just when they’re ready to cash in on their investment. This article explains who’s at risk, what to expect in the upcoming years and a possible solution.

FinCEN Issues Final Rule to Increase Transparency in Residential Real Estate Transfers

Starting December 1, 2025, certain professionals involved in real estate closings and settlements must submit reports to FinCEN regarding certain non-financed transfers of residential real estate to legal entities or trusts. The FinCEN RRE Fact Sheet can help you prepare.

Which Costs More: New or Used?

The cost gap between new and existing homes isn’t as clear-cut as it used to be. While recent Census data shows new homes selling for less than existing ones, LendingTree’s adjusted figures tell a different story. Curious how methodology impacts the numbers? Read the full article to stay informed.

Innovation

AI innovations are changing the way we do business. They could lead to $34 billion in efficiency gains for the real estate industry by 2030, according to Morgan Stanley Research, which analyzed tasks performed by 162 real estate investment trust (REIT) and commercial real estate (CRE) firms, with a combined $92 billion of labor costs and 525,00 employees.

Mortgage Trends

The Federal Reserve will meet on September 16–17, and all eyes are on whether it will cut rates, keep them steady or even raise them. Inflation remains above the Fed’s 2% target, most recently holding at 2.7% in July after several months of increases. The central bank has kept rates unchanged at its last five meetings, but how will the latest economic data influence its next move? Read this article for more insight.

Professional Development

Putting your learning and professional growth on the back burner is a missed opportunity, especially during this time of year. Instead, you should embrace a back-to-school mindset. You can do that with the help of these tips on making time by managing your energy, aligning learning with the business and personalizing your path.

Market Highlights

Today, many builders have more homes that are finished and sitting on the market than normal. And that means they’re motivated to sell, which can work in a buyer’s favor. Data from the National Association of Home Builders (NAHB) shows 66% of builders offered sales incentives in August, reaching a 5-year high.

Hey Pumpkin!

Nothing says fall like a trip to the pumpkin patch. 🎃 Whether you’re on the hunt for the perfect jack-o’-lantern or just want to soak up some early autumn vibes, check out Black Cat Pumpkin Patch in Morgantown, Norman Farms in Lost Creek, or Poplar Island Pumpkins in Fairmont this season.