What Caused Real House Prices to Decline for the First Time in 8 months?

By FirstAm Editor on June 26, 2017
First American’s proprietary Real House Price Index (RHPI) looks at April 2017 data and includes analysis from First American Chief Economist Mark Fleming on the impact of wages and lower interest rates on real house prices. Read More

Interest Rates Real House Price Index Income

Housing Market Faces Dilemma as Millennial Demand Continues to Grow

By Mark Fleming on June 20, 2017
First American’s proprietary Potential Home Sales model examines May 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 Millennials Affordability

Here’s Why a Fed Rate Increase Does Not Matter to the Housing Market

By Mark Fleming on June 13, 2017
With the Federal Reserve Open Market Committee (FOMC) meeting to decide whether to increase the Federal Funds rate in just a few days, the potential for an increase in mortgage rates dominates the housing news and industry chatter. Yet, changes to the short-term rate matter little to the housing market. Read More

Interest Rates Federal Reserve

Outlook for Real Estate Market Surges in Second Quarter Amid Strong Demand

By FirstAm Editor on June 6, 2017
We invite you to browse the second 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

What’s Behind the Five-Month Trend in Loan Defect Risk?

By FirstAm Editor on May 31, 2017
We’ve posted the April 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 increased 2.5 percent in April 2017 as compared with the previous month, and increased 8.0 percent as compared to April 2016. ... Read More

Loan Application Defect Index

Supply Squeeze Sends Real House Prices Higher

By FirstAm Editor on May 25, 2017
First American’s proprietary Real House Price Index (RHPI) looks at March 2017 data and includes analysis from First American Chief Economist Mark Fleming on the continuing supply squeeze and its effect on real house prices. Read More

Interest Rates Real House Price Index Income