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.

How Will Rising Mortgage Rates Impact House-buying Power?

By Mark Fleming on October 26, 2021

In August, year-over-year nominal house price appreciation reached 20.7 percent, the third consecutive month it has set a new record. According to our Read More›

Interest Rates Real House Price Index Affordability

The Reconomy Podcast™: What Is The Fed Signaling On Interest Rates?

By FirstAm Editor on October 22, 2021

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how the Federal Reserve signals potential policy changes on interest rates and the... Read More›

Housing Interest Rates Affordability REconomy

Do Rising House Prices Help Or Hurt The Housing Market?

By Mark Fleming on October 15, 2021

Housing market potential strengthened modestly in September, increasing a 0.4 percent compared with August, according to our Potential Home Sales Model. The slight increase means that on a year-over-year basis, housing m... Read More›

Interest Rates Homeownership Potential Home Sales

Does Greater Educational Achievement Increase The Likelihood Of Homeownership?

By Odeta Kushi on October 14, 2021

We’re often told that education is the key to a more secure financial future. Most people spend at least 12 years of their lives as students and even more if they pursue higher education. But does more education equate t... Read More›

Millennials Education Homeownership Progress Index Homeownership

The Reconomy Podcast™: The 3 Most Important Housing Market Statistics

By FirstAm Editor on October 7, 2021

In this episode of the REconomy Podcast™ from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi share their expert perspective on the three most important housing market statistics to fo... Read More›

Housing Interest Rates Affordability REconomy

Homes More Affordable Today Than During Previous Housing Peak In Each Of The Top 50 Markets

By Mark Fleming on September 28, 2021

In July, housing affordability continued its decline as year-over-year nominal house price appreciation reached a record 20 percent, vastly outpacing the increase in house-buying power comp... Read More›

Interest Rates Real House Price Index Affordability