Redfin reports sellers outnumbered buyers by 51% in July—just shy of December's record high—giving buyers more negotiating power Nearly 80% of major U.S. metros are now buyer's markets, led by Miami, Nashville and a trio of Texas cities SEATTLE, Aug. 13, 2026 /PRNewswire/ -- There were an estimated 51.3% more home sellers than buyers in the U.S. housing market in July, just shy of December's pe...
The housing market is gaining slight momentum as the summer winds down, but demand remains subdued overall SEATTLE, Aug. 13, 2026 /PRNewswire/ -- U.S. pending home sales edged up 0.4% week over week during the four weeks ending August 9 on a seasonally adjusted basis, offering a small boost to this summer's sluggish housing market. That's according to a new report from Redfin, the real estate b...
Near-record home prices, elevated mortgage rates and economic instability drove down U.S. home sales in July SEATTLE, Aug. 12, 2026 /PRNewswire/ -- U.S. home sales fell 4.1% from a month earlier in July, dropping to their lowest level in nearly two years on a seasonally adjusted basis. That's according to a new report from Redfin, the real estate brokerage powered by Rocket.
The large mortgage originator has been branching out from its core services by purchasing brokerage Redfin and Mr. Cooper, a mortgage servicer.
Rocket Companies reported higher second-quarter revenue as its market share in both purchase mortgages and refinancings rose.
Generated Q2'26 total revenue, net of $2.78 billion and adjusted revenue of $2.76 billion. Reported Q2'26 GAAP net income of $229 million and adjusted net income of $441 million.
New listings edged higher, but buyers pulled back as mortgage rates climbed to their highest level in nearly a year SEATTLE, Aug. 6, 2026 /PRNewswire/ -- The number of homes going under contract fell 3.7% week over week nationwide—the steepest decline since 2022—as would-be buyers pressed pause amid high mortgage rates. That's according to a new report from Redfin, the real estate brokerage pow...