Monthly Archives: March 2020

Second stimulus package could roll back property tax deductions

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House Speaker Nancy Pelosi is reportedly mulling a rollback of the state and local tax (SALT) deduction cap implemented by changes to the tax code under President Trump. Continue reading →

36% of home shoppers believe the recession has already begun: Poll

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A new survey by Realtor.com reflects the stark contrast in homebuyer sentiment since the beginning of March. Still, many homebuyers are undeterred. Continue reading →

Citing pandemic, Redfin sells $110M stake to venture capital firm

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Durable Capital Partners is run by former T Rowe Price investment manager Henry Ellenbogen. “In chaotic times, he understands our long-term commitments,” Redfin CEO Glenn Kelman said. Continue reading →

Home price gains extend into January — but virus looms large

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Home prices rose 3.9 percent in January, but the data does not take into account the impact of the coronavirus pandemic, which didn’t take hold in the U.S. until late February. Continue reading →