Economic Center Blog
Welcome to the First American Economic Center Blog, a top source for the latest housing market research and analysis driven by Chief Economist Mark Fleming.

What Cities Are The Most Affordability Friendly For First-time Home Buyers?

By Odeta Kushi on December 10, 2019

Housing affordability, or the lack thereof, continued to generate discussion and headlines in 2019. That’s unlikely to change in 2020, as strong demand, driven by low mortgage rates and wage growth, collides with limited housing supply. However, it’s e... Read More›

Housing Affordability Homeownership First-Time Home Buyer Outlook Report

Where Do Renters Have An Edge In The Pursuit Of Homeownership?

By Odeta Kushi on September 5, 2019

Traditional measures of affordability can be misleading to potential first-time home buyers because they compare overall median household income with the income required to purchase a median-priced home. However, median household income includes existi... Read More›

Housing Affordability Homeownership First-Time Home Buyer Outlook Report

Top 10 Cities With The Largest Supply Of Affordable Homes For First-time Home Buyers

By Odeta Kushi on June 13, 2019

Faced with often misleading affordability metrics and seemingly challenging housing market dynamics, many renters may underestimate their house-buying power and the supply of homes in their market that they can afford. Potential first-time home buyers ... Read More›

Affordability First-Time Home Buyer Outlook Report

Why Everything You Know About First-time Home Buyer Affordability Is Wrong

By FirstAm Editor on May 8, 2019

We’ve published the findings from a new study that provides an in-depth look at the trends shaping affordability, specifically for first-time home buyers, titled “Read More›

Affordability First-Time Home Buyer Outlook Report