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.

It Doesn’t Take Much House Price Appreciation To Make Owning A Better Choice Than Renting

By Ksenia Potapov on April 15, 2022

In August 2021, our analysis found that owning a home was cheaper than renting in all 50 of the top U.S. markets, largely due to Read More›

First-Time Homebuyer Homeownership Renter Affordability

What Do The Top 10 Cities For Entry-level New Home Construction Have In Common?

By Odeta Kushi on November 22, 2019

The dominant theme in the housing market nationally in 2019 has been the ongoing challenge of a dearth of housing supply amid rising demand. A natural solution to the challenge is to build more homes. Yet, nationally, supply headwinds still make it har... Read More›

Millennials First-Time Homebuyer Wage Growth

Why Renter House-buying Power Is The Key To Understanding Housing Affordability

By Mark Fleming on August 6, 2018

With unadjusted house prices recently eclipsing their 2006 housing boom peak, housing affordability is a concern in the industry and for potential home buyers. Existing home owners, by definition, can afford one so, when we are speaking about housing a... Read More›

Housing First-Time Homebuyer Affordability Homeownership