What’s Behind the December Dip in Housing Affordability?
By
FirstAm Editor on February 27, 2017
First American’s proprietary Real House Price Index (RHPI) looks at December 2016 data and includes analysis from First American Chief Economist Mark Fleming on the decline in affordability as consumer house-buying power dipped due to rising rates.
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Just in Time for the Big Game: The Housing Benefit of Football Fandom
By
Mark Fleming on January 31, 2017
We all love our football, no more so than this weekend. But, it’s not just about cheering on your favorite team, guiltlessly eating wings, nachos or your favorite in-game football snack food, and gathering around that ever increasingly massive television (after all, it’s the second best time of the year to buy a television according to Consumer ...
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Rising Rates and Strong Nominal Price Growth Halt Six-Month Run of Increasing Affordability
By
FirstAm Editor on January 30, 2017
First American’s proprietary Real House Price Index (RHPI) looks at November 2016 data and includes analysis from First American Chief Economist Mark Fleming on a shift in affordability as real house prices increased for the first time in six months.
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Wage Growth Contributes to Increased Affordability in Most Major Markets
By
FirstAm Editor on November 28, 2016
First American’s proprietary Real House Price Index (RHPI) looks at September 2016 data and includes analysis from First American Chief Economist Mark Fleming that includes comments on last week’s conforming loan limit increase.
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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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