Housing Market Trends

From the First American Economic Center

The First American Economic Center has you covered with in-depth analysis and expert insights on the latest data and trends in the industry.

Two Reasons Why the Housing Reservoir is Running Dangerously Low

By Mark Fleming on January 26, 2018
It’s been just over five years since house prices reached their trough and the housing market bottomed out. In the years following that low point, there has been a lot of discussion about how to increase demand and, specifically, why young adults today didn’t want to buy homes. I believed that the lack of desire among millennials was not a ... Read More

Housing Affordability

Housing Market Potential Little Changed, But Will the Supply Shortage Continue in 2018?

By Mark Fleming on January 23, 2018
First American’s proprietary Potential Home Sales model examines December 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

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