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Accurate Group Acquires Voxtur Appraisal Services

Accurate Group Acquires Voxtur Appraisal Services

by Phil Hall | Nov 1, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Accurate Group, a Cleveland-headquartered provider of technology-driven real estate appraisal, title data, analytics, and e-closing solutions, has acquired Voxtur Appraisal Services LLC, an appraisal management company (AMC) serving real estate finance providers. The...
Federal Reserve Holds Rates Steady

Federal Reserve Holds Rates Steady

by Phil Hall | Nov 1, 2023 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The Federal Reserve kept its finger on the pause button and opted against a new rate hike. The central bank’s policymaking Federal Open Market Committee unanimously approved this decision. In a statement, the Committee said it would maintain the target range of the...
Nearly One-Third of Q3 Homes for Sale Were New Construction

Nearly One-Third of Q3 Homes for Sale Were New Construction

by Phil Hall | Nov 1, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Nearly one-third of single-family homes for sale during the third quarter were new construction, according to data published by Redfin (NASDAQ:RDFN). The 30.6% share is the highest of any third quarter on record. This is up from 28.9% one year ago and 25% two years...
Brian Devlin Named President at Non-QM Lender Arc Home

Brian Devlin Named President at Non-QM Lender Arc Home

by Phil Hall | Nov 1, 2023 | News/Current Events, Real Estate News, WRE News Exclusive

Arc Home LLC, a non-QM and non-Agency wholesale and correspondent lender, has named Brian Devlin as president. Devlin is also set to assume the role of CEO following a transition period with current chief executive, Richard Bradfield, who is leaving the firm to pursue...
Zillow Group Acquires Follow Up Boss CRM System

Zillow Group Acquires Follow Up Boss CRM System

by Phil Hall | Nov 1, 2023 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Zillow Group (NASDAQ:ZG) has acquired Follow Up Boss, a customer relationship management (CRM) system for real estate professionals. The acquisition purchase price includes $400 million of initial cash consideration and up to $100 million in a potential cash earnout....
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