Tag Archives: Frank Martell

Company Founder Anthony Hsieh steps back to serve as Executive Chairman, as industry vet Frank Martell assumes the newly created role of President and CEO.

Continued supply concerns have forced more to reconsider their home purchases, as the year closed out with a decline in overall purchase apps.

Experts predict annual home price growth to slow to 2.8% by November 2022, after experiencing record gains in 2021.

National home price growth hit 18% year-over-year in September, as major tech hubs continue to lead the way.

While rates continue to hover at record lows, a rise in economic and financial market uncertainties, competition remains high for tight inventory as affordability issues linger.

As mortgage rates edge above the 3% mark, borrower incentive to refinance is waning.

The 12-month rise in home prices nationwide hit a record-setting mark in August, the highest in 45 years of recording this data.

Data analyzed by CoreLogic has found the share of homes in negative equity fell to 2.3% in the second quarter of 2021 the lowest share in at least 12 years.

Freddie Mac reports mortgage rates leveling off as COVID variants have led to weaker employment, a drop-off in spending, and declining consumer confidence.

Purchase apps have slid week-over-week, while the demand for refis has leveled off, as August saw a boost in the supply of homes nationwide.