- Price
- $12.36
- Day
- +0.57%
- Mkt Cap
- $34.90B
- 52W Range
- $12.13 – $24.36
- Volume
- 39.13M
- Beta
- 2.21
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Nationwide, home prices grew 0.25% in August, down marginally from 0.26% in July and 0.27% in June St. Louis and Pittsburgh had the fastest month-over-month price growth in August Prices declined most in Austin and Charlotte, both of which have significantly more sellers than buyers in the market SEATTLE, Sept. 22, 2026 /PRNewswire/ -- U.S. home prices increased 0.25% month over month in August on a seasonally adjusted basis—down slightly from 0.26% in July and 0.27% in June—according to a new report from Redfin, the real estate brokerage powered by Rocket.
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On CNBC's “Mad Money Lightning Round,” Jim Cramer said he cannot recommend Rocket Companies, Inc. (NYSE:RKT). That's because the Federal Reserve delivered a quarter-point rate hike last week, and a “rate hike is the worst thing for these guys.
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It's not a great time for real estate, but this has created some long-term opportunities.
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While the high mortgage rates are likely to hurt the Zacks Mortgage & Related Services industry, companies like RKT, AGM and TREE are poised to navigate the challenges.
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Redfin reports concessions are especially common in Sun Belt buyer's markets, including Atlanta and Nashville, where about 7 in 10 homebuyers are getting them Roughly 15% of buyers are getting double discounts: A seller concession and a price cut SEATTLE, Sept. 18, 2026 /PRNewswire/ -- Home sellers gave concessions to buyers in 44.7% of U.S. home sales in August, up from 42.6% a year earlier and the highest share for that month since at least 2020.
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Rocket Companies NYSE: RKT President and Chief Financial Officer Brian Brown said the company sees opportunities to gain mortgage market share despite pressure from elevated interest rates, citing its diversified revenue base, national distribution network and recently integrated businesses.
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The homebuyers who remain in the market have more choices, less competition and more negotiating power SEATTLE, Sept. 17, 2026 /PRNewswire/ -- U.S. pending home sales fell 3.5% week over week to their lowest level in almost three years, according to a new report from Redfin, the real estate brokerage powered by Rocket.
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Shares were withheld by the issuer to satisfy tax liabilities from restricted stock unit vesting, a routine adjustment under Rocket's equity compensation plan.
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Rocket Companies, Inc. (RKT) Presents at Barclays 24th Annual Global Financial Services Conference Transcript
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Gen Zers are flocking to places with lots of job opportunities for young people, like Washington, D.C., Austin and Nashville.
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Wall Street is waiting for Friday's CPI report, which could determine whether the Federal Reserve raises interest rates next week. August CPI is expected to rise 0.4% from July and 3.4% from a year earlier, while core inflation is forecast at 0.2% monthly and 2.4% annually.
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Redfin agents say pricing realistically from the start is the key to finding a buyer; 21% of home sellers are dropping their price SEATTLE, Sept. 10, 2026 /PRNewswire/ -- Homebuying costs have hit their highest level in over a year, according to a new report from Redfin, the real estate brokerage powered by Rocket.
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