We’ve posted the October 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 decreased 1.4 percent in October as compared with September and decreased by 13.9 percent as compared to October 2015. The ... Read More ›

First American’s proprietary Real House Price Index (RHPI) looks at September 2016 data and includes analysis from First American Chief Economist Mark Fleming that includes comments on last week’s conforming loan limit increase. Read More ›

First American Chief Economist Mark Fleming was interviewed yesterday on CNBC regarding the surge in interest rates following the U.S. presidential election and what it means for the housing market in the year ahead. Read More ›

October 2016 Potential Home Sales Read More ›

It’s that time of year again. The time when we come together and celebrate the American tradition of giving thanks for the many blessings in our lives. Often we give thanks for having the basic necessities of life: food, health, water and shelter. While all of these things are vital to human existence, as a housing economist, I naturally tend to ... Read More ›

Our analysis in recent months has touched on the influence of uncertainty on our housing market. In particular, two significant events have influenced housing markets this past year. First, the Brexit benefit to the housing market triggered by the vote in the United Kingdom to leave the European Union this past summer. Second, and more recently, ... Read More ›