declines

Housing experts disagree on Utah home price declines in 2023

Housing experts disagree on Utah home price declines in 2023

Looking ahead to 2023 and what it will bring to the housing market, two of Utah’s leading housing experts respectfully disagree with each other. Although they both agree that the market is in the midst of a price correction after two years of runaway demand amid the pandemic real estate frenzy, they have different perspectives …

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Rocket Mortgage is located in downtown Detroit

Rocket Companies posts $96 million profit as mortgage volume declines

Dan Gilbert’s Rocket Companies managed $96 million in net income, or earnings, in the third quarter as rising interest rates continue to hurt the mortgage industry. Rocket Companies, the publicly traded parent of Rocket Mortgage, reported total revenue of $1.3 billion for the quarter, which, although down slightly from $1.4 billion last quarter, represents a …

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The Independent puts 52 jobs at risk of redundancy as digital advertising market declines

The Independent has put more than a fifth of its staff at risk of redundancy as the declining digital advertising market and wider deteriorating economic conditions force the online-only publisher to look to cut costs. The publisher has put 52 jobs at risk of redundancy in the UK – including 30 in editorial roles – …

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