Economic Center Blog
Welcome to the First American Economic Center Blog, a top source for the latest housing market research and analysis driven by Chief Economist Mark Fleming.

Improved Real Estate Outlook Suggests Strong Spring Market

By FirstAm Editor on March 14, 2017

We invite you to browse the first quarter 2017 First American Real Estate Sentiment Index, which is based on a quarterly survey of independent title agents and other real estate professionals, providing a unique gauge on the real estate market using the crowd-sourced wisdom and expertise of real estate experts.

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Topics: Real Estate Sentiment Index, Interest Rates

Real Estate Outlook Declines On Election Uncertainty And Heightened Expectations For Fed Rate Hikes

By FirstAm Editor on December 21, 2016

We invite you to browse the fourth quarter 2016 First American Real Estate Sentiment Index, which is based on a quarterly survey of independent title agents and other real estate professionals, providing a unique gauge on the real estate market using the crowd-sourced wisdom and expertise of real estate experts.

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Topics: Real Estate Sentiment Index, Interest Rates, Federal Reserve

Seeking Certainty Again

By Mark Fleming on November 9, 2016

Our analysis in recent months has touched on the influence of uncertainty on our housing market. In particular, two significant events have influenced housing markets this past year. First, the Brexit benefit to the housing market triggered by the vote in the United Kingdom to leave the European Union this past summer. Second, and more...

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Topics: Real Estate Sentiment Index

Crowd-Sourced Title Agent Projections More Accurate Than Many Economic Forecasts

By Mark Fleming on October 21, 2016

It has been a full year since our proprietary Real Estate Sentiment Index (RESI) first shared title agents’ predictions for price growth and other key metrics across property types for the year ahead. So, with a full year of data, the time is right to ask the question: how accurate is the wisdom of the crowd? In a post late last year, we...

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Topics: Real Estate Sentiment Index, Affordability, Housing

Optimism For Growth In Real Estate Transactions Improves Substantially Over Last Quarter

By FirstAm Editor on June 21, 2016

We invite you to browse the second quarter 2016 First American Real Estate Sentiment Index, which measures title agent sentiment on a variety of key market metrics and industry issues. In 2016, the survey has also tracked title agent sentiment regarding the implementation of the Know-Before-You-Owe rule, also referred to as the TILA-RESPA...

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Topics: Real Estate Sentiment Index, Federal Reserve, Interest Rates

Title Agent Expectations For Real Estate Market Transactions Weaken In The First Quarter, According To Q1 2016 Real Estate Sentiment Index

By FirstAm Editor on March 22, 2016

We’ve posted the first quarter 2016 First American Real Estate Sentiment Index, which measures title agent sentiment on a variety of key market metrics and industry issues. It’s based on a quarterly survey of independent title agents that do business with First American. More than 4,000 title agents from 50 states have participated in the first...

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Topics: Real Estate Sentiment Index

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