Earlier this week, I had the good fortune to do a radio interview with WSVA Virginia on our newly released Homeownership Progress Index (HPRI). In the interview we talked about the importance of homeownership as the primary vehicle for wealth creation for middle-class Americans, discussed underlying economic, demographic, and lifestyle conditions ... Read More ›

Price appreciation fueled by low interest rates is driving market capacity for existing-home sales above actual existing-home sales First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-home sales are under capacity or over capacity based on current market fundamentals. For the month of ... Read More ›

Achieving the American Dream of homeownership and increasing economic mobility – many recognize that these issues are important, but few realize how closely they are related. Consider that in the next 30 years, collectively, minorities will become the new "minority-majority" in the U.S. Read More ›

Home equity is back, baby! And, perhaps more importantly, consumers are beginning to take notice. After 13 consecutive quarters of year-over-year house price growth, according to the Federal Housing Finance Agency’s (FHFA) house price index (HPI), and with the Great Recession squarely in the rear view mirror, borrowers are more frequently tapping ... Read More ›

Market capacity for existing-home sales has remained close to six million sales on an annualized basis for more than a year First American’s proprietary Existing-Home Sales Capacity (EHS-C) model provides a gauge on whether existing-home sales are under capacity or over capacity based on current market fundamentals. For the month of August, the ... Read More ›

This week, the Federal Reserve has its September meeting where it could potentially decide to increase interest rates for the first time since 2008. The CME FedWatch Tool measures the market’s expectation of Fed target rates.Currently, the market-estimated probability of a 0.25 percent rate increase on September 17 is significantly higher than ... Read More ›