Archives: June 2020

Market Update: Home Prices Continue to Rise in April

The Case-Shiller report showed a 4.7% increase in home prices annually in April. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report.

Rocket Mortgage Classic Announces Mission to Address Detroit’s Digital Divide with the Launch of Connect 313 Fund and Support of Primary Beneficiaries

Viewers can do their part to bridge the digital divide by texting “AREA313” to 243725.

Market Update: Existing Home Sales Continue to Fall

May's Existing Home Sales report showed a 9.7% decrease in home sales, to a seasonally adjusted rate of 3.91 million. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report.

Market Update: Housing Starts Rebound as Economies Reopen

May’s New Residential Construction report showed a 4.3% increase in privately-owned housing starts, to an annual rate of 974,000 units. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report.

Forbes Launches “Under 30 Detroit Hackathon: Accelerating Change” With Rocket Mortgage By Quicken Loans And In Partnership With Detroit Stakeholders To Develop Enduring Solutions Arising From Pandemic

World’s Largest Virtual Collaborative Effort, Powered By Major League Hacking, To Bring Together Young Entrepreneurs, Business and Community Leaders, Local Officials And More To Ensure Detroit Remains World’s Innovation Capital.