Rocket Companies (NYSE: RKT) has reached outside of the real estate industry to hire tech executive Alessio Sanfilippo as CEO of Redfin, effective today. He succeeds Glenn Kelman, who stepped down in January six months after Rocket acquired the Seattle brokerage for...
The late-summer housing market is giving buyers something they have spent much of the past several years waiting for: leverage. Whether enough buyers can afford to use it is another question. New listings rose 0.4% from the previous week during the four weeks ending...
The Federal Trade Commission (FTC) has announced a settlement to resolve its antitrust litigation against Zillow Group (NASDAQ: Z, ZG) and Redfin, a division of Rocket Companies (NYSE: RKT), over their $100 million rental housing agreement. Last October, the FTC and...
A new data report from Redfin has found 14% of home sale agreements that went under contract in July were cancelled, up 13.7% from June. Last month’s cancellations marked the highest share in nearly three years on a seasonally adjusted basis. Redfin noted the deals...
Redfin has partnership with Winnie, a marketplace for childcare and early education, enables the brokerage to add local childcare information to every for-sale home listing on its platform. According to the Seattle-based company, platform users can view daycare and...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
