Recent Posts by Mark Fleming

Mark Fleming is the chief economist for First American Financial Corporation and leads First American’s Decision Sciences team.

Do Unexplained Homeownership Gaps Exist?

By Mark Fleming on April 20, 2017
Homeownership is a goal shared among all people, regardless of race or ethnicity, and remains the main driver of wealth creation for the majority of households in the United States. That is why it is vital to understand the underlying characteristics that influence the probability of homeownership. Over the last several months, my research has ... Read More

Education Homeownership Progress Index

Market Potential Remains Flat, But Is Tight Inventory Relief on the Way?

By Mark Fleming on April 19, 2017
First American’s proprietary Potential Home Sales model looks at March 2017 data and includes analysis from First American Chief Economist Mark Fleming on how the market is performing versus its potential. Read More

Housing Interest Rates

The $1 Trillion Question for Housing in 2017

By Mark Fleming on April 7, 2017
Last week, I helped present the results from the American Enterprise Institute (AEI)/First American National Housing Market Index, one of the most comprehensive analyses of the U.S. housing market. The results provide insight into the 2017 spring home buying market and shed light on housing’s $1 trillion question. Read More

Housing

What is the Connection Between Higher Mortgage Rates and Defect, Fraud and Misrepresentation Risk?

By Mark Fleming on March 24, 2017
We’ve posted the February First American Loan Application Defect Index, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. Read More

Loan Application Defect Index

Rising Rates Outweigh Influence of Economic Momentum on Market Potential

By Mark Fleming on March 21, 2017
February 2017 Potential Home Sales Read More

Housing Interest Rates

Can you Spring Break into Homeownership?

By Mark Fleming on March 16, 2017
Spring break is fast approaching, that playful time of year when beach cities are inundated with college students and tourists. As housing economists, spring break is exciting because it coincides with the beginning of the spring home buying season! While we may not seem to have much in common with the college crowd, there is an underlying ... Read More

Millennials Education Homeownership Progress Index