What Does the First Release of Housing Data in 2018 Say About the Housing Market?

By Mark Fleming on January 20, 2018
The end of 2017 brought mixed news for housing starts, according to Thursday’s release of December 2017 housing starts data, which marked the first report on national housing data this year. Read More

Housing

Where is Defect Risk ‘Naughty’ or ‘Nice’?

By FirstAm Editor on December 28, 2017
We’ve posted the November First American Loan Application Defect Index, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. The Defect Index remains the same as compared with the previous month, and increased 22.1 percent as compared with November 2016. The Defect ... Read More

Loan Application Defect Index

The Drag on Affordability Explained

By FirstAm Editor on December 21, 2017
First American’s proprietary Real House Price Index (RHPI) looks at October 2017 data and includes analysis from First American Chief Economist Mark Fleming on the market forces that are keeping a lid on affordability. Read More

Interest Rates Real House Price Index Income Affordability

Tightening Supply Squeezes Market Potential

By Mark Fleming on December 19, 2017
First American’s proprietary Potential Home Sales model examines November 2017 data and includes analysis from First American Chief Economist Mark Fleming on how the real estate market is performing versus its potential. Read More

Housing Interest Rates

Outlook for Real Estate Rises Despite Supply Constraints

By FirstAm Editor on December 12, 2017
We invite you to browse the fourth quarter 2017 First American Real Estate Sentiment Index, which is based on a quarterly survey of independent title agents and other real estate professionals, providing a unique gauge on the real estate market using the crowd-sourced wisdom and expertise of real estate experts. Read More

Real Estate Sentiment Index

Best Cities to Maximize Borrowing Power for First-Time Home Buyers

By Mark Fleming on December 11, 2017
It’s a near certainty that the Federal Open Market Committee (FOMC) will raise the short-term Federal Funds rate this week. The CME group estimates the probability of a 25 basis-point increase at 90.2 percent. Some may fret about how this will impact the housing market, but they are missing the point on mortgage rates and affordability for ... Read More

Housing Interest Rates Federal Reserve Affordability