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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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Century 21 welcomes two new affiliates

Housing Wire

The brokerage was founded in 2004 by broker-owner Herman Herrera, a retired U.S. The firm, which was founded in 2003 by Ray Sharma, was previously affiliated with Century 21 in 2004. Century 21 is welcoming new affiliates on both coasts On Tuesday, the company announced it was welcoming Staten Island, New York -based Herman & Co.

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To boost Black homeownership, the U.S. must navigate a ‘troubling environment’

Housing Wire

The peak Black homeownership rate of 49% occurred in 2004, meaning there has been a sharp drop in the past 20 years. The past two years have been tough, but even before 2021, Black homeownership was either falling or stagnant and remains far from its pre-2004 high of nearly 50%.”

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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.”

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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.”

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Mortgage Credit Availability Jumps Again in August

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.

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Mortgage Credit Availability Tightens in September 

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. Note: The expanded historical series from 2004 to 2010 does not include updated methodology.

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