Optimism for growth in real estate transactions improves substantially over last quarter

By FirstAm Editor on June 21, 2016
We invite you to browse the second quarter 2016 First American Real Estate Sentiment Index, which measures title agent sentiment on a variety of key market metrics and industry issues. In 2016, the survey has also tracked title agent sentiment regarding the implementation of the Know-Before-You-Owe rule, also referred to as the TILA-RESPA ... Read More

Interest Rates Real Estate Sentiment Index Federal Reserve

Really, How Important is That Rate Hike?

By Mark Fleming on June 13, 2016
With the upcoming Federal Open Market Committee (FOMC) meeting this week, many are wondering if an interest rate hike is in the works. According to the CME FedWatch Tool, the current market expectation of a 0.50 percent rate increase in June is extremely low – 4 percent. However, the likelihood jumps to 27 percent in July. But, whether the Fed ... Read More

Interest Rates Real House Price Index Federal Reserve Income

How Long Will Rates Stay Low

By Mark Fleming on March 16, 2016
This week, the Federal Open Market Committee (FOMC) is holding their March meeting where they could, just possibly, decide to increase the benchmark Federal Funds Rate again. According to one survey by CNBC, the vast majority expect rates to remain unchanged. In that same survey, nearly all the respondents believed a rate hike was likely in the ... Read More

Interest Rates Federal Reserve

What to Look for in Housing in 2016

By Mark Fleming on January 6, 2016
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

In The News Interest Rates Federal Reserve

The Price of Admission to Homeownership

By Mark Fleming on December 14, 2015
Will Janet Yellen’s Christmas gift to the housing market be a rate increase on December 16? According to the CME Group FedWatch tool, the probability that the Federal Reserve will raise interest rates for the first time since 2006 is now over 80 percent. For perspective, let’s think about 2006: the iPhone did not exist, MySpace was the leading ... Read More

Interest Rates Federal Reserve

Real Estate Sentiment Index: Title agents feel a Fed rate increase will impact first-time homebuyer demand most

By FirstAm Editor on December 8, 2015
We’ve posted 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. It’s based on a quarterly survey of title agents that do business with First American. More than 3,000 title agents from 50 states have participated in the first two editions ... Read More

Interest Rates Real Estate Sentiment Index Federal Reserve