For the month of December, First American’s proprietary Potential Home Sales model (previously called the Existing-Home Sales Capacity model) showed that the market potential for existing-home sales increased by 0.5 percent compared to November and decreased by 5.1 percent compared to a year ago. The Potential Home Sales model provides a gauge on ...
Read More ›
The fourth quarter 2015 First American Real Estate Sentiment Index, which measures title agent sentiment on a variety of key market metrics and industry issues, is based on a quarterly survey of title agents that do business with First American. In fact, more than 3,000 title agents from 50 states have participated in the first two editions of the ...
Read More ›
It's the time of year when all economists worth a grain of salt (feel free to exclude me from that category) give their "forecast." Well, economic forecasters are about as correct as the local weatherman, unless you happen to be the weatherman in Southern California!
Read More ›
We've posted the November First American Loan Application Defect Index, which estimates the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications. Overall, the index fell 1.3 percent in November as compared with October and decreased by 8.2 percent as compared with November 2014.
Read More ›
How much does a cow weigh? Penelope the cow, to be specific. A seemingly simple question, with an answer that gives credit to the notion that aggregation of information in groups results in more accurate information than independent prediction. This particular question was posed by Planet Money to over 17,000 people of diverse ages and ...
Read More ›
For the month of November, First American’s proprietary Potential Home Sales model (previously called the Existing-Home Sales Capacity model) showed that the market potential for existing-home sales decreased by 2.1 percent compared to October and decreased by 8.0 percent compared to a year ago. The Potential Home Sales model provides a gauge on ...
Read More ›