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.

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

Market Potential Caught in the Crosswinds of Surging Demand and Tightening Inventory

By Mark Fleming on May 23, 2017
First American’s proprietary Potential Home Sales model looks at April 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

Does a Strong Sellers’ Market Mean Increased Loan Defect Risk?

By FirstAm Editor on April 28, 2017
We’ve posted the March 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 3.9 percent in March 2017 as compared with the previous month, and increased 3.9 percent as compared to March 2016. ... Read More

Loan Application Defect Index

What’s Behind the Surge in Real House Prices?

By FirstAm Editor on April 24, 2017
First American’s proprietary Real House Price Index (RHPI) looks at February 2017 data and includes analysis from First American Chief Economist Mark Fleming on the impact of under-supplied markets on real house prices. Read More

Interest Rates Real House Price Index Income

Do Unexplained Homeownership Gaps Exist?

By Mark Fleming on April 20, 2017
Homeownership is a goal shared among all people, regardless of race or ethnicity, and remains the main driver of wealth creation for the majority of households in the United States. That is why it is vital to understand the underlying characteristics that influence the probability of homeownership. Over the last several months, my research has ... Read More

Education Homeownership Progress Index