SEATTLE--(BUSINESS WIRE)--Numerous housing metrics were flat in October—a notable shift from the ups and downs of recent years, according to a new report from Redfin, the real estate brokerage powered by Rocket. Pending home sales were little changed from both a month and a year earlier. So were closed home sales and new listings. Price growth has also shown signs of plateauing. The median home...
SEATTLE--(BUSINESS WIRE)--U.S. home prices climbed 0.3% month over month in October on a seasonally adjusted basis, following a 0.2% gain in September. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Prices rose 2.9% from a year earlier, ticking down from September's 3.1% year-over-year increase and continuing the gradual slowdown from earlier in the y...
SEATTLE--(BUSINESS WIRE)--Holiday cheer is colliding with financial fear, with 28% of Americans trimming their decorating budgets this year and 26% reining in gift spending, according to a new survey from Rocket Mortgage and Redfin, the real estate brokerage powered by Rocket. The pullback isn't due to a lack of holiday spirit. It's a sign of the times, with many people choosing to spend cautio...
SEATTLE--(BUSINESS WIRE)--Redfin (redfin.com), the real estate brokerage powered by Rocket, today launched AI-driven conversational home search. Redfin.com now lets consumers find homes by describing what they want in their own words and engaging in a back-and-forth conversation to refine their search. On other major real estate sites, users can start a search using natural language, but that's...
SEATTLE--(BUSINESS WIRE)--U.S. pending home sales fell 0.3% from a year earlier during the four weeks ending November 9, a tiny decline but the first in four months, according to a new report from Redfin, the real estate brokerage powered by Rocket. The homes that are selling are staying on the market longer: Homes are taking a median of 49 days to go under contract, the longest span for this t...
Rocket Companies has expanded beyond its original business model by acquiring companies across the housing ecosystem. It aims to capture a significant share of the fragmented housing finance market.
SEATTLE--(BUSINESS WIRE)--Nationwide, just over one in five (21.8%) home listings are affordable to the typical U.S. military veteran using a VA loan, while 26.5% are affordable to the typical veteran using a conventional loan. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Affordability has improved slightly over the last two years. Just 20.2% of lis...
SEATTLE--(BUSINESS WIRE)--Nearly half of Americans (45%) say they're less likely to make a major purchase like a home or car due to the ongoing federal government shutdown, according to a new Redfin survey. That share has doubled over the past month, rising from 21% in early October to 45% in early November—as detailed in a new report from Redfin, the real estate brokerage powered by Rocket. Th...
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