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Why the hiring rate matters more than unemployment for the housing market

After painful delays following last fall’s government shutdown, labor market data is finally back on a consistent pace. Last week we filled in hiring, quits and layoffs from the BLS JOLTS report for February, plus unemployment numbers for March and the latest initial claims for the first week of April. Taken together, they help illustrate […]

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Top Century 21 firm expands into Michigan

Century 21 Circle — ranked among Century 21’s top 10 companies globally — has entered the Michigan market by bringing on the Sparta-based Kelley Real Estate Group. Company leaders said the move reflects trends across Midwest markets surrounding Lake Michigan, where relocation patterns, second homebuyers and client referrals increasingly cross state lines. “This isn’t just

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NAR settles Tuccori homebuyer commission case for $52.25M

The National Association of Realtors (NAR) agreed to a proposed settlement that would resolve nationwide homebuyer commission lawsuit claims in the Tuccori homebuyer lawsuit. The agreement, announced Friday and subject to court approval, is structured as an opt-in component of the Tuccori master settlement. The opt-in window for the Tuccori master settlement closes next week.

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