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Mortgage Credit Availability Tightens in September 

Appraisal Buzz

The Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) based on data analysis from ICE Mortgage Technology , indicates a drop in mortgage credit availability in September. Note: The expanded historical series from 2004 to 2010 does not include updated methodology.

Mortgage 387
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Rocket to Purchase Redfin for $1.75B

Appraisal Buzz

Founded in 2004, Redfin operates a home search platform with more than one million for-sale and rental listings and a tech-powered brokerage of more than 2,200 agents. Rocket Companies has announced that it has entered into an agreement to purchase digital real estate brokerage Redfin in an all-stock transaction for a value $1.75

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Keller Williams taps Shanan Steere to head up leadership growth

Housing Wire

Steere started her career as a real estate agent in 1997 and joined a KW affiliate in 2004, later launching a KW franchise in Shawnee, Kansas. “An exceptional talent and an amazing contributor, Shanan will ensure our core brokerage leaders remain equipped to fuel further expansion and build on our already strong culture.”

Brokerage 370
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Enhancing Revenue Opportunities for Real Estate Agents With USRES & RES.NET 

Appraisal Buzz

Property Data API: RES.NET is now an approved technology provider for Fannie Mae—integrating the FNMA Property Data API with the RES.NET Valuation Portal. This The Property Data API facilitates the use of emerging technologies, such as automated data capture and analysis, improving the overall collection process.

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RE/MAX Proper acquires indie brokerage All Nations

Housing Wire

“We believe that RE/MAX is that brand, and by bringing the All Nations agents into the network, they receive innovative marketing, next-level technology, and brokerage support to be the most professional and productive agents for their clients.” The Dahlers organically grew All Nations from zero to 126 agents; the firm closed more than $126.3

Brokerage 435
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Williston Financial Group’s MyHome acquires Volly

Housing Wire

The firm announced Thursday that MyHome , a WFG subsidiary, has acquired technology and marketing services provider Volly. Launched in 2004, 10 of the nation’s top 30 banks work with Volly. Williston Financial Group is closing out 2023 with yet another acquisition. The financial terms of the deal were not disclosed.

Retail 459
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Buyers viewed just eight homes before making their purchase

Housing Wire

From 2004 to 2006, during the housing boom years, even though homes were moving at a rapid pace, buyers typically looked at nine homes. Besides inventory constraints, the NAR feels that technology has also contributed to the decrease in the number of homes buyers view before completing their purchase. month’s supply of homes.

Buyers 448