Home Sellers Retreat, With Supply Posting Biggest Decline Since 2023
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Business Wire
Pending home sales fell the most in nearly a year, and the typical home that did sell sat on the market for 53 days—the slowest November pace in nearly a decade SEATTLE--(BUSINESS WIRE)--Active listings of homes for sale fell 1.4% month over month in November—the biggest drop since June 2023 on a seasonally adjusted basis. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket. New listings dropped 2.2% month over month to the lowest level since April 2024 on a seasonally adjusted basis.Home sellers are retreating in part because buyers are retreating. Buyers are skittish due to high mortgage rates and economic jitters, which means many sellers aren’t getting the list price they hoped for. As a result, some are opting to delist their homes or not list at all.The typical home that sold last month went for 1.6% less than its final list price—the steepest November discount in six years. The median U.S. home sale price rose slightly (+0.7% year over y
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- Keefe Bruyette Boosts Rocket Companies (RKT) PT to $20 on Strong Sector Growth Outlook [Yahoo! Finance]Yahoo! Finance
- Rocket Companies (NYSE:RKT) was upgraded by analysts at Jefferies Financial Group Inc. to a "strong-buy" rating.MarketBeat
- Has Kohl's (KSS) Stock Been Good for Investors? [Yahoo! Finance]Yahoo! Finance
- Jefferies initiates mortgage finance sector, flags scale as key to recovery [Yahoo! Finance]Yahoo! Finance
- Rocket Companies (NYSE:RKT) is now covered by analysts at Jefferies Financial Group Inc.. They set a "buy" rating on the stock.MarketBeat
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- 10/30/25 - Beat
RKT
Sec Filings
- 12/19/25 - Form 4
- 12/17/25 - Form 4
- 12/12/25 - Form 4
- RKT's page on the SEC website