Housing Starts – Just Keeping Up with the Millennials
By
Mark Fleming on October 28, 2016
Given the most recent release on housing starts showing a decline, many are asking if the housing market is stagnating. Builders fear that the decades of broad-based demand for single-family suburban homes is now a bygone era. Young millennials are pouring into the big city and eschewing homeownership permanently. Who, if anyone, will want to buy ...
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Bloomberg Radio Interview – Fleming says Housing is More Affordable
By
FirstAm Editor on October 26, 2016
First American Chief Economist Mark Fleming is interviewed on Bloomberg Radio to explain why housing is more affordable today than many people believe.
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Low Rates and Increased Wages Increase Affordability for U.S. Home Buyers in Almost All Major Markets
By
FirstAm Editor on October 25, 2016
First American’s proprietary Real House Price Index (RHPI) looks at August 2016 data and includes analysis from First American Chief Economist Mark Fleming that explains that counter to conventional wisdom, affordability for home buyers in many markets is increasing due to low interest rates and increasing wages.
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Crowd-Sourced Title Agent Projections More Accurate than Many Economic Forecasts
By
Mark Fleming on October 21, 2016
It has been a full year since our proprietary Real Estate Sentiment Index (RESI) first shared title agents’ predictions for price growth and other key metrics across property types for the year ahead. So, with a full year of data, the time is right to ask the question: how accurate is the wisdom of the crowd? In a post late last year, we discussed ...
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Interview on Bloomberg TV: Discussing Housing Starts, Millennial Home Buying and More
By
FirstAm Editor on October 19, 2016
First American Chief Economist Mark Fleming was invited to share his perspective on housing starts, Millennial home buying and more on Bloomberg Markets this morning. Mark commented on the tipping point signaled in today’s housing start numbers.
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Market is Missing Its Potential Due to Tight Supply
By
Mark Fleming on October 18, 2016
First American has updated its proprietary Potential Home Sales model for the month of September.
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