The Federal Reserve made waves by recently dropping the word “patient” from its outlook on interest rates. This simple, one-word change, indicates that the Federal Reserve could soon raise rates—which have been stuck at near-zero for over six years—as early as June. Once this happens, rates on everything else will increase with it. But here’s the ... Read More ›

First American Chief Economist Mark Fleming discussed how rising prices may impact first-time-buyers, but reducing negative equity will help existing owners return to the market. Read More ›

Mark Fleming, chief economist with title insurance company First American, believes the housing market should be performing much better than it is based on NAR’s findings. “It’s good that sales rose in February, but when we measure how home sales should be we think it should be more,” said Fleming. “The unemployment rate is falling and wages are ... Read More ›

First American Chief Economist Mark Fleming and Century 21 Real Estate President & CEO Rick Davidson discuss factors hurting home sales on FOX Business. Read More ›

Over the weekend, you may have heard me on the radio on CBS World News Round Up. There’s nothing better than some housing market commentary while driving your children to their sporting events or picking up groceries for the week, right? Bad economist humor aside, the theme of our conversation remained why we believe the market dynamics are ... Read More ›