Rocket Companies, Inc. reports developments across a Detroit-based homeownership platform that includes mortgage, real estate, title and personal finance businesses. Recurring updates cover Rocket Mortgage loan origination and servicing activity, quarterly financial results, funding and margin trends, and integration work following completed acquisitions within its homeownership ecosystem.
Company news also includes Redfin housing-market reports, real estate search features such as Sunscore, and product activity tied to homebuyers, homeowners and agents. Additional themes include Rocket Money, Rocket Loans and Rocket Close, along with technology, data and AI initiatives used across search, origination, servicing and client engagement.
Redfin (powered by Rocket — RKT) reports Irondequoit, NY is the most competitive U.S. housing market as of December 23, 2025. Key metrics show Irondequoit homes sell in 8.5 days with a 119.3% sale-to-list ratio and 0.6 months of supply. Four of the top 10 cities are in California and three are in Western New York.
Nationwide, the typical house now sells in about 1.5 months, prices reached a new monthly high in November 2025, and new listings hit a new monthly low. Redfin flags resurging Bay Area demand, sustained competition in Rust Belt metros, and supply gaps (e.g., Buffalo built 74 single-family homes in November vs Austin 3,465).
Redfin / Rocket (RKT) reports U.S. home prices rose 0.2% month-over-month on a seasonally adjusted basis in November 2025 and 2.6% year-over-year, down from October’s 2.9%.
Redfin says November’s YoY gain is the smallest since records began in 2012. The Redfin Home Price Index uses a repeat-sales method for single-family homes. Redfin cites elevated mortgage rates and economic uncertainty as reasons buyers pulled back, while sellers also deferred listings, keeping prices rising.
Metro highlights: Chicago +11% YoY, Pittsburgh +10.1% YoY, New York +9.5% YoY; largest monthly declines were Charlotte -0.9%, Austin -0.6%, Cincinnati -0.6%.
Redfin / Rocket (RKT) reports U.S. housing supply tightened in November 2025 as active listings fell 1.4% month‑over‑month (seasonally adjusted), the largest drop since June 2023, while new listings declined 2.2% MoM to the lowest level since April 2024. Pending home sales fell 2.5% MoM, the biggest monthly drop since December 2024. The median sale price edged up 0.7% year‑over‑year to $433,222. The typical home spent 53 days on market, seven days longer than a year earlier and the slowest November pace since 2016.
Redfin economists expect existing‑home sales to finish 2025 roughly flat with 2024.
Redfin (RKT) reports U.S. pending home sales fell 5.8% year-over-year for the four weeks ending Dec. 14, 2025 — the largest decline in 11 months. Pending sales declined in 44 of the 50 largest metros; biggest drops: San Jose -35.1%, Houston -20.9%, Oakland -17.6%. Median sale price was $387,725 (+1.7% YoY) and median asking price $378,761 (+2.3% YoY). Median days on market rose to 52 days (+6 days). New listings fell 3.1% YoY and active listings rose only 4.2%.
Mortgage rates remain elevated (~6.2%), weighing on buyer demand.
Redfin (powered by Rocket, RKT) reports the Midwest and South contain most of the nation’s most affordable cities for homebuyers based on median income and median sale prices from January–November 2025.
Key highlights: Bellefontaine Neighbors, MO requires about 16% of income for monthly housing—the lowest nationwide; national typical homeowner spends 39% of income on housing. Top-five affordable cities include Ferguson, MO (17.6%), Detroit, MI (17.9%), Broussard, LA (18.4%) and Bayou Cane, LA (18.6%). Redfin notes many affordable metros have median sale prices near or below $300,000 and highlights local economic challenges affecting true affordability.
Redfin (RKT) reports that Aspen dominated November's priciest U.S. home sales, supplying four of the top 10 transactions as ski season begins.
The most expensive November sale was a Portola Valley, CA villa at $56 million, followed by an Aspen estate with a semi-private island at $53 million. Two November sales exceeded $50 million and all top-10 sales were at least $35 million. The release also lists the top U.S. home sales of 2025 to date, led by a $133 million Naples sale in April.
Redfin (RKT) released a Washington State flood-risk analysis ahead of and during an atmospheric river event on Dec 16, 2025, showing tens of thousands of homes face high flood risk.
Key figures: Skagit County has 22,810 homes (28.6%) at high flood risk; Snohomish County has 23,215 homes (7.6%); King County leads in count with 41,928 homes. Four Washington counties rank in the top 10% nationwide for share of homes at high flood risk.
The report uses First Street data and includes a county table with shares, counts, populations, median sale prices (Oct 2025) and homes sold.
Redfin (RKT) reports U.S. new listings fell 1.7% YoY in the four weeks ending Dec. 7, 2025 — the largest drop in over two years — while pending sales fell 4.1% YoY, the biggest decline in 10 months. The national median sale price rose to $389,123 (+2%), even as typical homes took longer to go under contract (51 days, +6 days). Weekly average 30-year rates eased to around 6.19%. Inventory trends show active listings up 4.6% but the smallest increase since Jan 2024 and months of supply at 4.6, indicating tightening supply in parts of the market.
Rocket (NYSE:RKT)-powered Redfin reports homebuyer interest in listing climate-risk details spikes immediately after major disasters but fades quickly.
Key metrics: California clicks rose from 4.2% (90-day pre-fire average) to a 7.8% peak Jan 12, 2025; Florida rose from 8.0% to 16.3% Oct 7, 2024. National clickthroughs moved modestly (about 3.3%–3.9%) and returned to baseline within weeks to months.
State data: highest Q3 click rates in Mississippi (9.6%) and Louisiana (9.2%). Louisiana homeowner insurance averaged $10,964 in 2024 (+38% YoY) and is projected to reach $13,937 (+27%).
Redfin (RKT) reports the average U.S. buyer’s agent commission was 2.42% for homes sold in Q3 2025, up from 2.36% a year earlier and essentially flat versus Q2 (2.43%).
Commissions returned to roughly Q1 2024 levels after the National Association of Realtors' settlement and new commission rules took effect in August 2024; commissions hit a low of 2.36% in Q3 2024 and have edged slightly higher amid slower sales and increased buyer negotiating power.
Third‑quarter rates by price tier: <$500k: 2.52%; $500k–$999,999: 2.32%; ≥$1M: 2.22%.