OwnPlacer Blog - real estate news

Congress Passed a Major Housing Bill: What It Could Mean for Placer County Home Buyers and Sellers

Posted by Patrick Hake on June 26th, 2026

Congress recently passed what many are calling the most significant federal housing legislation in decades. The bipartisan 21st Century ROAD to Housing Act cleared both the House and Senate with overwhelming support, but it has not become law yet.

As of the time of writing, President Trump has not signed the legislation. He has indicated that he is delaying action while seeking movement from Congress on separate election-related legislation. That means the timing—and even the final outcome—remains uncertain.

So what exactly is in the bill, and more importantly...

Would it actually make housing more affordable here in Placer County?

The Goal: Build More Homes

At its core, the legislation has one primary objective:

Increase America's…

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What the New “Big Beautiful Bill” Means for Placer County Homeowners

Posted by Patrick Hake on July 17th, 2025

A newly passed federal law—nicknamed the “Big Beautiful Bill”—brings several tax changes that could impact homeowners and buyers right here in Placer County. Here’s what you need to know and how it might shape your decisions in our local real estate market.

What’s Changing

✅ Higher SALT Deduction Cap
The cap on State & Local Tax (SALT) deductions has jumped from $10,000 to $40,000 (phasing out for incomes over $500,000). This new limit lasts through 2029 and could help offset California’s higher property taxes.

✅ Mortgage Interest Deduction Made Permanent
The mortgage interest deduction (on loans up to $750,000) is now permanent—offering more predictable long-term tax planning for homeowners.

✅ Mortgage Insurance Premiums Deductible Again
…

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