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.

When Does a Home Become a Prison?

By Mark Fleming on July 19, 2017
The housing market is suffering from a supply shortage, not a demand dilemma. As Millennial first-time homebuyer demand continues to increase, the inventory of homes for sale tightens. At the same time, prices are increasing, so why aren’t there more homeowners selling their homes? Read More

Housing

Which Markets are Wilting Under a Loan Defect Risk ‘Heat Wave’?

By FirstAm Editor on June 28, 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 May 2017 as compared with the previous month, and increased 13.7 percent as compared to May 2016. The ... Read More

Loan Application Defect Index

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