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.

Housing Supply Limiting Market Potential

By Mark Fleming on July 16, 2021

Housing market potential strengthened modestly in June, increasing 0.2 percent compared with May, according to our Potential Home Sales Model. Potential home sales are nearly 17 percent higher than the pandemic-driven de... Read More›

Interest Rates Homeownership Potential Home Sales

Pandemic Accelerated 'roaring 20s' Of Millennial Homeownership Demand

By Odeta Kushi on June 29, 2021

National Homeownership Month takes on a ne... Read More›

Housing Millennials Homeownership Progress Index Homeownership

Why Homebodies Versus Pandemic-fueled Demand Will Determine The Outlook For Housing Market Potential

By Mark Fleming on June 22, 2021

Housing market potential strengthened again last month, according to our Potential Home Sales Model, despite significant supply headwinds. In May, housing market potential increased 0.8 percent compared with April, and i... Read More›

Interest Rates Homeownership Potential Home Sales

Why Housing Market Potential Strengthened In April

By Mark Fleming on May 20, 2021

Housing market potential regained strength in the month of April, according to our Potential Home Sales Model. In April, housing market potential increased 1.3 percent compared with March, and is now nearly 30 percent hi... Read More›

Interest Rates Homeownership Potential Home Sales

Will The End Of Forbearance Trigger A Wave Of Foreclosures?

By Odeta Kushi on May 4, 2021

Following the rapid contraction in U.S. economic activity because of the outbreak of COVID-19, millions of Americans took advantage of payment suspension and mortgage forbearance programs. At the peak in June 2020, appro... Read More›

Housing Homeownership

Rising Rates Unlikely To Substantially Cool Hot Spring Home-buying Season

By Mark Fleming on April 16, 2021

After hitting its highest point since 2007 last month, housing market potential fell modestly in March, according to our Potential Home Sales Model. Housing market potential remains near the 13-year high point, but the s... Read More›

Interest Rates Homeownership Potential Home Sales