Recent Posts by Mark Fleming

Mark Fleming is the chief economist for First American Financial Corporation and leads First American’s Decision Sciences team.
Housing Market Faces Dilemma as Millennial Demand Continues to Grow
By
Mark Fleming on June 20, 2017
First American’s proprietary Potential Home Sales model examines May 2017 data and includes analysis from First American Chief Economist Mark Fleming on how the real estate market is performing versus its potential.
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Here’s Why a Fed Rate Increase Does Not Matter to the Housing Market
By
Mark Fleming on June 13, 2017
With the Federal Reserve Open Market Committee (FOMC) meeting to decide whether to increase the Federal Funds rate in just a few days, the potential for an increase in mortgage rates dominates the housing news and industry chatter. Yet, changes to the short-term rate matter little to the housing market.
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Market Potential Caught in the Crosswinds of Surging Demand and Tightening Inventory
By
Mark Fleming on May 23, 2017
First American’s proprietary Potential Home Sales model looks at April 2017 data and includes analysis from First American Chief Economist Mark Fleming on how the real estate market is performing versus its potential.
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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 ...
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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.
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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.
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