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.

Does Greater Educational Achievement Increase The Likelihood Of Homeownership?

By Odeta Kushi on October 14, 2021

We’re often told that education is the key to a more secure financial future. Most people spend at least 12 years of their lives as students and even more if they pursue higher education. But does more education equate to increased earning potential? A... Read More›

Millennials Education Homeownership Progress Index Homeownership

How Does Delta Variant-fueled Economic Uncertainty Impact Housing Market Potential?

By Mark Fleming on September 22, 2021

Housing market potential continued to strengthen in August, according to our Potential Home Sales Model, increasing 0.05 percent compared with July. The market potential for existing-home sales is now nearly 10 percent higher than in August of 2020, wh... Read More›

Interest Rates Homeownership Potential Home Sales

How The ‘delta Dip’ Boosted Housing Market Potential

By Mark Fleming on August 20, 2021

Housing market potential strengthened in July, according to our Potential Home Sales Model, increasing 1.3 percent compared with June. It is now nearly 16 percent higher than in July of last year, when the housing market’s summer rebound began, followi... Read More›

Interest Rates Homeownership Potential Home Sales

Why Owning A Home Was Cheaper Than Renting In All 50 Top U.s. Markets

By Odeta Kushi on August 16, 2021

When potential first-time home buyers consider making the transition to homeownership, they ask themselves whether it makes more financial sense to keep renting, or to buy. The pandemic has undoubtedly impacted that calculation. Annual house price appr... Read More›

Affordability Homeownership Renter Affordability

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 decline last June.

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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 new meaning this year, as the pand... Read More›

Housing Millennials Homeownership Progress Index Homeownership