News

With the Redfin acquisition done and dusted, Rocket Companies is laying off a portion of its workforce in the name of ...
The Detroit-based real estate finance company (NYSE: RKT) confirmed the layoffs to Crain’s — first reported Monday by ...
Rocket finalized its $1.75 billion purchase of Redfin, the popular real estate listings platform and brokerage, on July 1. Redfin remains headquartered in Seattle, although its chief executive now ...
Rocket Companies confirmed a company-wide layoff on Friday, just weeks after completing its $1.75 billion acquisition of real ...
Detroit-based fintech platform and top mortgage lender Rocket Companies confirmed that it trimmed roughly 2% of its workforce ...
John Berkowitz on why Movoto and Lower are taking a retail approach to marrying the real estate portal with mortgage.
Follow-up: Zillow responds to Rocket’s planned $1.75B acquisition of Redfin Rocket Companies agreed to acquire Seattle-based Redfin in a $1.75 billion deal that will bring together the nation ...
Rocket Companies completed its acquisition of Redfin on Tuesday, bringing together the nation’s largest mortgage lender with the tech-enabled Seattle real estate brokerage. The $1.75 billion deal was ...
But since that announcement, Rocket's share price slid from $15.77 to $12.91 as of April 30, and Redfin's shares jumped from $5.82 to $9.51. Those price movements matter, because the deal is a ...
Redfin is being acquired in an all-stock transaction that values the real estate listing platform at $1.75 billion.. The acquiring company is Rocket Companies, a Detroit, Michigan-based finance ...
The mortgage giant Rocket Cos. has agreed to buy Redfin in an all-stock deal valuing the online real-estate brokerage at $1.75 billion.
Redfin grew revenue by 7% in 2024 to $1.04 billion, with a net loss of $164.8 million, up from $130 million in 2023. Its stock had fallen more than 30% in the past month. In 2022, responding to a ...