Second stimulus package could roll back property tax deductions

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

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

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

JPAR lowers April franchise fees, hires new growth exec

The growing real estate franchisor announced a Weichert and Regus vet is joining the company as chief growth officer, showing the company is committed to growth even as the industry slows. Continue reading

Digital mortgage lender Better.com to hire laid off hospitality workers

The company is aiming to hire 1,000 additional workers this year and wants to pull from the industry hit hardest by coronavirus-fuled layoffs. Continue reading

Housing protections in the stimulus bill explained

The 880-page bill signed into law by Trump on Friday includes credit protections, foreclosure moratoriums and forbearance on some mortgages. Continue reading

House passes stimulus packages, agents closer to unemployment access

The stimulus bill, which includes direct payments to Americans and expanded unemployment, is headed to President Donald Trump’s desk. Continue reading