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Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters

Rocket Mortgage Debuts Program Offering Closing Cost Credits to Renters

by Phil Hall | Feb 18, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Mortgage, a part of Rocket Companies (NYSE: RKT), has unveiled RocketRentRewards, a new program designed to provide closing cost credits for renters. According to the company, homebuyers with a Rocket mortgage earn 10% back on the last 12...
HUD’s DOGE Task Force Seeks Public Input for Identifying Fraud and Waste

HUD’s DOGE Task Force Seeks Public Input for Identifying Fraud and Waste

by Phil Hall | Feb 18, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Department of Government Efficiency (DOGE) task force within the Department of Housing and Urban Development (HUD) is seeking public assistance to audit the agency. In the new @DOGE_HUD account on X, the task force wrote: “DOGE is looking for help from the general...
Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros

Report: Renting is More Affordable Than Homebuying in All But 2 Major Metros

by Phil Hall | Feb 18, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Renting is more affordable than buying a home in all but two of the top 50 metro markets in January, according to a new data report from Realtor.com. One year ago, there were six markets where buying was less expensive than renting. The average median asking rent in...
Former Hospital Site in New Jersey to Become Mixed-Use Development

Former Hospital Site in New Jersey to Become Mixed-Use Development

by Phil Hall | Feb 18, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The 133-acre site of a defunct New Jersey hospital has received approval to become a $350 million mixed-use development with 1,005 apartments. NJBiz.com reports the City of Orange approved a plan to renovate the former Orange Memorial Hospital into a new development...
Final Offer Acquires Off-Market Listing Resource Private Collection

Final Offer Acquires Off-Market Listing Resource Private Collection

by Phil Hall | Feb 18, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Final Offer, the Boston-headquartered residential real estate platform, has acquired Private Collection, a source of listing information for off-market properties. The financial terms of the deal were not disclosed. According to a statement from the companies, the...
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