First American’s proprietary Real House Price Index (RHPI) looks at July 2016 data and includes analysis from First American Chief Economist Mark Fleming the explains how rising incomes and low interest rates are contributing to increased affordability in most major U.S. markets. Read More ›

For the month of August, First American’s proprietary Potential Home Sales model showed that the market for existing-home sales is underperforming its potential by 5.6 percent or an estimated 323,000 seasonally adjusted, annualized rate (SAAR) of sales, an improvement relative to last month’s revised performance gap of -5.7 percent or 328,000 ... Read More ›

We’ve posted the July 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 2.8 percent in July as compared with June and decreased 16.7 percent as compared with July 2015. The Defect Index is ... Read More ›

Business Insider interviewed First American Chief Economist Mark Fleming on affordability and used First American’s Real House Price Index to develop a list of the top 13 markets where affordability is declining. Read More ›

First American’s proprietary Real House Price Index (RHPI) looks at June 2016 data and includes analysis from First American Chief Economist Mark Fleming explaining the influence of foreign monetary stimulus on U.S. mortgage rates and its impact on consumer house-buying power. Read More ›

For the month of July, First American’s proprietary Potential Home Sales model showed that the market for existing-home sales is underperforming its potential by 1.3 percent or an estimated 92,000 seasonally adjusted, annualized rate (SAAR) of sales, an improvement over last month’s revised under-performance gap of 1.8 percent, or 104,000 (SAAR) ... Read More ›