A new data report by the Rocket Companies (NYSE: RKT) division Redfin has determined there were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide during August. This marked the fifth straight month in which there have been at least 70% more...
The Federal Trade Commission has filed a lawsuit against Zillow (NASDAQ: Z, ZG) and the Rocket Companies (NYSE: RKT) for what the agency described as “an unlawful agreement that eliminates Redfin as a competitor in the market for placing advertising of rental housing...
Approximately 58,000 home purchase agreements were canceled in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. The rate of cancelations accounted for 15.3% of homes that went under contract last month, up from 14.5% one year ago....
Detroit-headquartered Rocket Companies (NYSE: RKT) has signed Toronto-based Viral Nation as its first Social Media Agency of Record. The new contract follows the success of Rocket’s “Own the Dream” campaign that debuted earlier this year as an advertisement seen...
Detroit-headquartered Rocket Companies (NYSE: RKT), has completed its $1.75 billion acquisition of Redfin. With the closure of the acquisition, Redfin has adopted a new brand identity as “Redfin Powered by Rocket.” The companies also introduced Rocket Preferred...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
