Rocket beats earnings guidance with strongest quarterly profit in four years
Rocket Companies reported its most profitable quarter in four years as artificial intelligence initiatives, a larger servicing portfolio and recent acquisitions helped the Detroit-based firm grow market share despite a choppy mortgage backdrop. The Detroit-based company reported net revenue of $2.94
Thomas James Homes’ new CEO details the firm’s go-forward plan
California-based Thomas James Homes (TJH) announced last week that Steve Schlageter has stepped up as the company’s new CEO, after joining the firm as COO in 2024. The builder, known as the largest single-lot, infill homebuilder in the nation, was founded in 2006 in Southern California. Since then,
Homebuyer aid broadens to middle class amid price pressures
As mortgage rates and home prices continue to strain homebuyers, states are rapidly expanding programs aimed at making homeownership more affordable. Housing affordability pressures remain severe nationwide. As of May 1, the median price for a U.S. single-family home sat at $449,038, according to Ho
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