Recent Posts by Mark Fleming

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

Market Potential Continues Slide in January as Higher Rates Reduce Supply

By Mark Fleming on February 21, 2017
First American Chief Economist Mark Fleming shares his proprietary Potential Home Sales model with analysis of housing market trends in January 2017. Read More

Housing Interest Rates

Is Love the Answer to Declining Homeownership?

By Mark Fleming on February 13, 2017
For Valentine’s Day, we pondered the question, could more love lead to an increase in homeownership? This is a serious question because marriage and homeownership, perhaps the two most enduring institutions of our society, have shaped the economic fortunes of many Americans. Read More

Millennials Education Homeownership Progress Index

Just in Time for the Big Game: The Housing Benefit of Football Fandom

By Mark Fleming on January 31, 2017
We all love our football, no more so than this weekend. But, it’s not just about cheering on your favorite team, guiltlessly eating wings, nachos or your favorite in-game football snack food, and gathering around that ever increasingly massive television (after all, it’s the second best time of the year to buy a television according to Consumer ... Read More

Affordability

Rising Mortgage Rates Dampen Market Potential in December

By Mark Fleming on January 23, 2017
First American's proprietary Potential Home Sales model examines December 2016 data and includes analysis from Chief Economist Mark Fleming on the impact of rising rates amid growing demand and limited inventory. Read More

Housing

Three Reasons to Remain Bullish on Housing

By Mark Fleming on January 17, 2017
Last week, I participated in the 2017 Housing Market Forecast and Homebuyer Trends webinar hosted by the American Land Title Association (ALTA). Jessica Lautz, a consumer research expert from the National Association of Realtors, and I discussed how the real estate market is changing and what we can expect. We tried to answer the question posed in ... Read More

Millennials

Home [ownership] for the Holidays

By Mark Fleming on December 22, 2016
No matter your life stage, ‘tis the season to pack up your stuff and head home for the holidays. Home is where we congregate with family and friends over a hot meal, catch up on events, and maybe even ring in the New Year. But, home does not look the same for all. In fact, “home” doesn’t have to be the white picket fence with the smoking chimney ... Read More

Millennials Homeownership Progress Index