RKT

Leon Cooperman‘s Omega Advisors has three names doing outsized work in the portfolio right now, and each demands a different call.

SEATTLE--(BUSINESS WIRE)--U.S. pending home sales rose 1.3% from a week earlier to their highest level since the first half of May during the four weeks ending July 5. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. This data is seasonally adjusted. Homebuying demand picked up partly because of temporarily declining mortgage rates. The weekly average rate dipped to 6.43% on July 2, its lowest level in six weeks, as negotiations between the U.S. and Ira.

SEATTLE--(BUSINESS WIRE)-- #housingmarket--The typical luxury home costs less than $1 million in five of the top 49 most populous metros, down from eight in 2025. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. The most affordable metro for buying a high-end home is Detroit, MI where the median sale price for a luxury home was $719,252 in May—47.7% less than the typical luxury home nationwide. “The Detroit area has a lot of beautiful, high-end homes that are affordable.

SEATTLE--(BUSINESS WIRE)--The median U.S. housing payment posted its first year-over-year increase since October during the four weeks ending June 28 as home prices and mortgage rates rose. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Redfin's analysis is condensed this week due to the July 4th holiday. Leading indicators Indicators of homebuying demand and activity   Value (if applicable) Recent change Year-over-year change Source Daily average 30-.

SEATTLE--(BUSINESS WIRE)-- #housingmarket--Nearly three-quarters (74%) of U.S. homeowners would rather be at home than anywhere else, according to a recent survey commissioned by Redfin, the real estate brokerage powered by Rocket. Homeowners were about as likely to agree that their home is a reflection of who they are (74%), and that they feel a sense of belonging in their neighborhood (72%). Most Homeowners Would Rather Be Home Than Anywhere Else, Feel Sense of Belonging in Neighborhood How much do you agree.

SEATTLE--(BUSINESS WIRE)-- #housingmarket--The median U.S. luxury home sale price rose 4.7% year over year to $1.37 million during the three months ending May 31—more than triple the 1.5% gain in non-luxury sale prices. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. Luxury prices are increasing largely because demand for luxury homes is on the rise. Pending sales of luxury homes rose 5.2% year over year—the largest gain since December 2024. That's compared with a 3.6%.

SEATTLE--(BUSINESS WIRE)--Most Americans support government policies that would help make housing more affordable. Roughly four in five (79%) U.S. residents believe there should be tax breaks for first-time homebuyers, and 77% believe there should be policies that make homes more affordable. This is according to a new survey fielded to 4,000 U.S. residents in May 2026 by Ipsos and commissioned by Redfin, the real estate brokerage powered by Rocket. Three-quarters (76%) of U.S. residents say the.

RKT, PFSI and LDI rally after Housing bill approval raises hopes that higher housing supply and affordability could support mortgage activity, if signed into law.

SEATTLE--(BUSINESS WIRE)--New listings of U.S. homes for sale fell 1.7% from a week earlier during the week ending June 21 to their lowest level since February. That's according to a new report from Redfin, the real estate brokerage powered by Rocket. The total number of homes for sale dipped 0.4% week over week. This data is seasonally adjusted. Prospective home sellers are backing off partly because they notice soft homebuying demand. Pending home sales fell 0.1% week over week, a small dip b.

Rocket Companies (NYSE:RKT | RKT Price Prediction) stock is up 13% in midday trading Wednesday, changing hands near $15.21.