FTC Settlement Lets Zillow Keep Redfin Partnership While Restoring Competition
Zillow and Redfin settle FTC lawsuit over $100M deal. Redfin must relaunch ads in 6 months; partnership continues through 2030.
/ 7 items
#RKT↓
Major Housing Bill Clears Congress with Strong Support as Homebuilder Stocks Rally
Congress approves sweeping housing legislation to accelerate construction and limit Wall Street investors. Trump delays signing, but markets cheer the supply-boosting reforms.
Rocket Companies Soars on Record Mortgage Volume News
Rocket Companies stock jumps 7% as CEO announces highest mortgage loan volumes in four years, signaling a thawing US housing market with improving rates.
Trump’s New Housing Strategy: Using Fannie and Freddie’s Cash to Lower Monthly Payments
President Trump instructs agencies to buy $200 billion in mortgage bonds, aiming to lower interest rates and make home ownership more affordable for Americans.
Trump's Single-Family Home Ban Hits Wall Street Investors Hard
President Trump's proposed ban on institutional investors buying single-family homes sends Blackstone and Invitation Homes stocks plummeting, sparking debate about market impact.
Google's Real Estate Listings Test Triggers Sharp Decline in Zillow and Competitor Stocks
Zillow stock drops 9% as Google tests home sales listings in search results, potentially disrupting the real estate portal market and threatening traditional listing platforms.