Archives: August 2020

Market Update: Home Price Gains Continued in June

The Case-Shiller report showed a 4.3% increase in home prices annually in June. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report.

Market Update: Existing Home Sales Spike in July

July's Existing Home Sales report showed a massive 25% spike in home sales, even after the largest monthly jump in June. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report.

Market Update: Housing Starts Continue to Increase in July

July’s New Residential Construction report showed an 8.2% increase in privately-owned single-family housing starts, to an annual rate of 940,000 units. Bill Banfield, Quicken Loans Executive Vice President of Capital Markets, offers the following insight on the report.

Detroit Out Loud returns for virtual celebration of Detroit

Event will be livestreamed on Saturday, August 22nd and Sunday, August 23rd.

Quicken Loans Community Fund Releases Findings of 2019 Neighbor to Neighbor Campaign, Increases Property Tax Exemption Access for Homeowners

Data from second Neighbor to Neighbor campaign, a citywide census of all property tax delinquent properties, builds on landmark Neighbor to Neighbor report.

Rocket Companies Celebrates its Debut as a Public Company

Detroit-based Rocket Companies, Inc. ("Rocket Companies" or the "Company") today celebrates its debut on the New York Stock Exchange ("NYSE") as a publicly traded company with its stock beginning to trade under the ticker symbol "RKT."

Rocket Companies Announces Pricing of Initial Public Offering

Detroit-based Rocket Companies, Inc. today announced the pricing of its initial public offering of 100,000,000 shares of its Class A common stock at a price of $18.00 per share.