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Rocket Mortgage to Exit the Canadian Market

Rocket Mortgage to Exit the Canadian Market

by Phil Hall | Mar 7, 2025 | Current News & Events, International Real Estate News, Mortgage Information, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Mortgage is withdrawing from the Canadian housing market. According to combined media reports, the company initially expanded to Canada in 2020 with a headquarters in Windsor, Ontario. Rocket Mortgage plans to complete its exit from the...
Rocket Companies Launches ‘Own the Dream’ Marketing Campaign During Super Bowl Broadcast

Rocket Companies Launches ‘Own the Dream’ Marketing Campaign During Super Bowl Broadcast

by Phil Hall | Feb 10, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Rocket Companies (NYSE: RKT) tapped into yesterday’s Super Bowl LIX broadcast to debut its “Own the Dream” integrated marketing campaign. The Detroit-headquartered company premiered the campaign with a 60-second commercial during the game’s second quarter. Using the...
Rocket Companies Debuts Rocket.com as One-Stop Platform for Homebuyers

Rocket Companies Debuts Rocket.com as One-Stop Platform for Homebuyers

by Phil Hall | Jan 22, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Detroit-headquartered Rocket Companies (NYSE: RKT) announced the launch of Rocket.com as a platform designed to help homebuyers with their home search and financing needs. According to the company, Rocket.com will combine home search, financing and servicing needs...
Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers

Redevelopment Plan for Detroit’s Renaissance Center Calls for Demolishing Two Towers

by Phil Hall | Nov 29, 2024 | Commercial Real Estate News, Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Detroit’s Renaissance Center could be reconfigured with the demolition of two of its five towers in a massive redevelopment project that is budgeted at over $1 billion. The Detroit News reports the redevelopment project is being spearheaded by Bedrock Detroit LLC, the...
Rocket Companies Fizzles with Q3 Loss of $481 Million

Rocket Companies Fizzles with Q3 Loss of $481 Million

by Phil Hall | Nov 13, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Detroit-based Rocket Companies (NYSE: RKT) recorded a $481 million loss in the third quarter on $647 million in total revenue. The company’s dismal third quarter performance followed a mild $178 million profit in the second quarter, when the company’s total revenue...
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