Will the Pandemic “She-cession” Derail Growth in Homeownership Among Single Women?
By
Odeta Kushi on March 11, 2021
During Women’s History Month, it’s important to reflect on the progress that single women have made in achieving one of the main tenets of the American Dream - homeownership. According to our analysis of anonymized household-level survey data, following an overall decline in the homeownership rate among single women in the aftermath of the Great ...
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Interview with Yahoo! Finance: “Single Women are Clearly Embracing Wealth Creation Through Home Buying”
By
FirstAm Editor on March 8, 2021
First American Deputy Chief Economist Odeta Kushi was interviewed on Yahoo! Finance earlier this month, explaining why women homeownership rates are on the rise and the outlook for the housing market in the year ahead.
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House Prices Are Hot, But Is Housing Overvalued?
By
Mark Fleming on February 23, 2021
Punxsutawney Phil may have signaled six more weeks of winter, but in housing, it looks like spring (home buying) has already arrived. Typically, the housing market winds down a bit in the winter, but America’s housing market is booming, even in the colder months. The First American Data & Analytics nominal house price index indicates ...
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Housing Market Potential Poised to Grow in 2021
By
Odeta Kushi on February 18, 2021
At the onset of 2021, positive housing market dynamics powered growth in the market potential for existing-home sales, offsetting negative market supply dynamics. Millions more millennials will age into their prime home-buying age in 2021, and they will do so at a time of historically low mortgage rates. Working against them is the extremely ...
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Is the Economy Stuck in Neutral?
By
Odeta Kushi on February 3, 2021
When determining where to set the federal funds rate, the Federal Reserve studies a multitude of models and analyses, including the neutral rate of interest. The neutral “what” you ask? The neutral rate of interest is the short-term interest rate that would prevail when the economy is at full employment and stable inflation. The Fed may choose to ...
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Why the Housing Market Can Thrive if a New Rising-Rate Era Begins
By
Mark Fleming on January 26, 2021
Even though nominal house prices continued to surge, affordability improved in November as two of the three key drivers of the Real House Price Index (RHPI), household income and mortgage rates, swung in favor of increased affordability. Real house prices declined by 6.2 percent relative to one year ago, thanks to the benefit of increased buying ...
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