SEATTLE--(BUSINESS WIRE)--New listings of U.S. homes for sale fell 1.7% year over year during the four weeks ending December 7, the biggest decline in over two years. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Would-be home sellers are pulling back partly because it's the end of the year, typically a slow season for the housing market, and partly ...
The housing market has faced challenges due to elevated interest rates, which have weighed on Rocket Mortgage's business. The company made some major acquisitions this year, including Redfin and Mr.
SEATTLE--(BUSINESS WIRE)-- #housingmarket--U.S. investor home purchases ticked up 1% year over year in the third quarter, coming in at a total of roughly 52,000. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Investor activity has flattened for the same reason the housing market as a whole is stagnant: Today's market conditions are essentially the opp...
SEATTLE--(BUSINESS WIRE)-- #housingmarket--Starter-home sales jumped 4.9% year over year in October as buyers benefited from more choices and modest price growth. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Mid-priced (+0.7%) and high-priced (+0.8%) home sales also rose from a year earlier, a notable change after a long stretch of year-over-year de...
SEATTLE--(BUSINESS WIRE)--Housing inventory is losing momentum, with growth in total supply slowing down, new listings stalling and delistings becoming more common. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. The supply of U.S. homes for sale rose 5.1% year over year during the four weeks ending November 30, the smallest increase in nearly two year...
SEATTLE--(BUSINESS WIRE)--Roughly 53,000 U.S. home-purchase agreements were canceled in October, equal to 15.1% of homes that went under contract that month, according to a new report from Redfin, the real estate brokerage powered by Rocket. That's up from 14.3% a year earlier. This is based on a Redfin analysis of MLS pending-sales data. The data is seasonal, which is why this October is compa...
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