Economic Center Blog
Welcome to the First American Economic Center Blog, a top source for the latest housing market research and analysis driven by Chief Economist Mark Fleming.

Is It A Good Time To Buy A Home?

By Mark Fleming on June 28, 2021

In today’s housing market, the power is very clearly in the hands of the seller. In April, First American Data & Analytics’ nominal house price index increased 16.2 percent year over year, the fastest pace since 2005... Read More›

Interest Rates Real House Price Index Affordability

Reconomy Podcast: Will Rising Mortgage Rates Slow The Housing Market?

By FirstAm Editor on June 24, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain the economic concept of demand elasticity and why housing market demand tends to be... Read More›

Housing Interest Rates Affordability REconomy

Why Homebodies Versus Pandemic-fueled Demand Will Determine The Outlook For Housing Market Potential

By Mark Fleming on June 22, 2021

Housing market potential strengthened again last month, according to our Potential Home Sales Model, despite significant supply headwinds. In May, housing market potential increased 0.8 percent compared with April, and i... Read More›

Interest Rates Homeownership Potential Home Sales

Reconomy Podcast: What Does The Rush To Suburbia Mean For Real Estate?

By FirstAm Editor on June 10, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain the dynamics influencing the second coming of suburbia and the implications for the... Read More›

Interest Rates Affordability REconomy

Housing Inflation Is Not What You Think It Is

By Mark Fleming on June 9, 2021

One of the most closely watched indicators of inflation, the Consumer Price Index (CPI), jumped 4.2 percent year over year t... Read More›

Housing Interest Rates Real House Price Index

Reconomy Podcast: Deflation In The Housing Market? Let Us Explain.

By FirstAm Editor on May 27, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how inflation in owner-occupied housing is measured and why an argument can be made... Read More›

Interest Rates Affordability REconomy