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.

REconomy Podcast: What A Changing Labor Market Means For Housing

By FirstAm Editor on January 13, 2021

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi discuss how long-term shifts in the U.S. labor market have been accelerated by the pandemic, and what that may mean for housing in the months and years ahead.

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Topics: Housing Affordability REconomy

REconomy Podcast: 2021 Housing Market Outlook

By FirstAm Editor on December 10, 2020

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi explain what has fueled the impressive housing market rebound from the pandemic-driven slowdown in the spring and why the housing market remains on solid footing heading into 2021.

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Topics: Housing

What A Pandemic-Driven Shift In The Labor Market Could Mean For Housing

By Mark Fleming on November 12, 2020

The October jobs report exceeded consensus expectations for job growth, yet the labor market’s rebound continues to slow. Higher frequency data from weekly jobless claims confirm the slowdown, as the level of new jobless filings is not falling as quickly in recent months. COVID-19 cases are on the rise and there is increasing likelihood of a...

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Topics: Housing Homeownership

Interview With Yahoo! Finance: Explaining The Housing Market’s Resilience In The COVID-19 Era

By FirstAm Editor on November 9, 2020

First American Deputy Chief Economist Odeta Kushi was interviewed on Yahoo! Finance earlier this month, discussing why the housing market is better positioned in this recession than it was heading into the Great Recession, and how low rates and millennials are driving demand.

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Topics: Housing In The News Interest Rates Affordability

Homeownership Remains Strongly Linked To Wealth-Building

By Odeta Kushi on November 5, 2020

Economists study homeownership and policymakers often emphasize it because homeownership is an effective way to build wealth, especially for low-income households. In fact, quantifying the wealth-building power of homeownership shows that home is not only where your heart is, but also where your wealth is.

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Topics: Housing Homeownership

REconomy Podcast: Housing Affordability In The COVID Era

By FirstAm Editor on November 3, 2020

In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi break down housing affordability trends, discuss the economic forces that influence house-buying power and explain why housing is actually more affordable today, even amid the pandemic, than it was at the peak of the...

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Topics: Housing Affordability REconomy