First American Chief Economist Mark Fleming was featured in a panel discussion on Fox Business' The Willis Report on May 4 discussing the status of the housing recovery. Read More ›

First American Chief Economist Mark Fleming commented in the MReport that expects mortgage rates to remain low for the foreseeable future. Fleming also predicted that increased rate increases may not happen for a couple years. “It may be as late as 2016, dependent mostly on inflation and labor market conditions over the next six months,” Fleming ... Read More ›

Mark Fleming, First American's chief economist, recently told Inman News that the primary cause of lagging home sales — and constrained inventory — remains the large share of homeowners with “negative equity,” Read More ›

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 ›