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Zillow: Black homeownership has risen, but not to 2004 level

Housing Wire

The homeownership rate among Black Americans has risen at a faster-than-average rate since 2019, but it remains well below the high point reached in 2004, according to Home Mortgage Disclosure Act (HMDA) data compiled by Zillow. Since the Black homeownership rate peaked in 2004, U.S. prior to the housing crisis and Great Recession.

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Mortgage Credit Availability Rises, But Challenges Remain

Appraisal Buzz

The expanded historical series, which spans 2004 to 2010, was developed to give the current series historical context by illuminating changes in loan availability during the previous ten years, including the housing crisis and recession that followed. The expanded historical series from 2004 to 2010 does not include updated methodology.

Mortgage 393
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eXp acquires 500-agent independent brokerage in Florida

Housing Wire

Originally from Colombia, Serna founded Broker’s LLC in 2004 and grew her independent brokerage to more than 500 agents throughout South Florida. “This union not only reaffirms our commitment to our agents’ success, but also opens the door to unprecedented opportunities.”

Brokerage 430
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RE/MAX Proper acquires indie brokerage All Nations

Housing Wire

All Nations Realty opened in 2004 by founding partners Richard and Nova Dahler, who will stay on for the transition. The Dahlers organically grew All Nations from zero to 126 agents; the firm closed more than $126.3 million in volume in the past 12 months, RE/MAX Proper said in a statement.

Brokerage 417
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The State of Mortgage Credit Availability

Appraisal Buzz

The enlarged historical series, which covers 2004 to 2010, was designed to provide historical context to the current series by demonstrating how credit availability has changed over the last ten years, including the housing crisis and subsequent recession.

Mortgage 343
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Williston Financial Group’s MyHome acquires Volly

Housing Wire

Launched in 2004, 10 of the nation’s top 30 banks work with Volly. “As the digital transformation of our industry accelerates, we’re committed to acquiring and building solutions that help us further expand our reach and achieve the next stage of our mission to transform and streamline the real estate experience for all constituents.”

Retail 441
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Keller Williams faces another lawsuit by a former agent

Housing Wire

McFarlane was associated with Keller Williams from 2004 to 2018. Keller Williams was named to an additional class-action lawsuit that takes issue with alterations made to the brokerage’s profit-sharing program. On Thursday, James McFarlane filed a complaint aiming for class-action status in the U.S. District Court of Maine.

Agents 441