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.

Money Matters Radio Interview – Does Marriage Matter to Homeownership?

By FirstAm Editor on February 17, 2017
First American Chief Economist Mark Fleming is interviewed on Money Matters Radio in Boston and shares his perspective on the connection between marriage, declining homeownership rates, and Millennial home buying. Read More

In The News Millennials

Is Love the Answer to Declining Homeownership?

By Mark Fleming on February 13, 2017
For Valentine’s Day, we pondered the question, could more love lead to an increase in homeownership? This is a serious question because marriage and homeownership, perhaps the two most enduring institutions of our society, have shaped the economic fortunes of many Americans. Read More

Millennials Education Homeownership Progress Index

Just in Time for the Big Game: The Housing Benefit of Football Fandom

By Mark Fleming on January 31, 2017
We all love our football, no more so than this weekend. But, it’s not just about cheering on your favorite team, guiltlessly eating wings, nachos or your favorite in-game football snack food, and gathering around that ever increasingly massive television (after all, it’s the second best time of the year to buy a television according to Consumer ... Read More

Affordability

Rising Rates and Strong Nominal Price Growth Halt Six-Month Run of Increasing Affordability

By FirstAm Editor on January 30, 2017
First American’s proprietary Real House Price Index (RHPI) looks at November 2016 data and includes analysis from First American Chief Economist Mark Fleming on a shift in affordability as real house prices increased for the first time in six months. Read More

Interest Rates Real House Price Index Income Affordability

Defect Risk Rises Modestly on Shift toward Purchase-Dominated Market

By FirstAm Editor on January 26, 2017
We’ve posted the December 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 1.5 percent in December 2016 as compared with November 2016 and decreased by 9.2 percent as compared to December ... Read More

Loan Application Defect Index

Infographic - Why Did Market Potential Pull Back in December?

By FirstAm Editor on January 24, 2017
The infographic below provides some additional perspective on the market forces influencing First American Chief Economist Mark Fleming's proprietary Potential Home Sales model in December 2016. Read More

Housing