New homes inventory hits highest level since 2009 [Yahoo! Finance]
Rocket Companies, Inc. Class A (RKT)
Company Research
Source: Yahoo! Finance
Yahoo Finance Senior Reporter Claire Boston joins Wealth host Julie Hyman to discuss how this shift is playing out for both buyers and the market overall. To watch more expert insights and analysis on the latest market action, check out more Wealth here Homebuilders are currently sitting on the most completed unsold inventory since 2009, according to the Census Bureau and HUD. I spoke to the CEO of Rocket Companies, which announced its acquisition of America's largest mortgage servicer, Mr. Cooper for $9.4 billion. Here's what CEO Varun Krishna had to say about housing inventory levels. We see some really positive green shoots. Uh, we see inventory up, we see more homes selling at or below list. Um, we don't see as many of those competitive bidding dynamics, um, that have existed in the past. Here to talk about what this means for the market is Senior Housing Reporter Claire Boston. So, Claire, um, in theory, it seems like the housing inventory rising would be good news for b
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