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.

Will Homebuilders Deliver The Gift Of More Housing Supply This Year?

By Mark Fleming on December 19, 2018

Yesterday, the Census Bureau released its Residential Construction report for November. Housing completions decreased 3.9 percent compared with last November and continue to fall short of the number of new housing units necessary to keep pace with household formation. Housing starts also decreased 3.6 percent in November compared with a year...

Read More ›

Topics: Housing, homeownership, housing starts, Insider

Can Homebuilders Increase Productivity To Help Close Gap Between Housing Supply And Demand?

By Mark Fleming on November 21, 2018

Yesterday’s Census Bureau report for October indicated that we are falling short of adding homes to the market in the short-term, as completions decreased 6.5 percent compared with October of last year.

Read More ›

Topics: Housing, housing starts, homeownership, Insider

What Recent Hurricanes Mean For Future Housing Supply?

By Mark Fleming on October 19, 2018

Wednesday’s Census Bureau report on new residential construction data for September sends a mixed message to the housing market. Current home buyers received a lift as completions jumped 7.0 percent compared to September of last year, which is additional new net supply added to the housing stock. The continued year-over-year growth in...

Read More ›

Topics: housing starts, Housing, homeownership, Insider

How Hurricane Florence May Impact The Housing Market

By Mark Fleming on September 20, 2018

Yesterday’s Census Bureau report for August is an indication of strength for the housing market. While the number of permits issued, which can signal how much construction is in the pipeline, decreased by 5.5 percent, home building rose in August as housing starts increased 9.4 percent compared with a year ago. The growth in housing starts is...

Read More ›

Topics: housing starts, Housing, homeownership, Insider

Interviews On CNBC: Discussing Rising Mortgage Rates, House Price Appreciation, Millennial Demand And Lack Of New Home Construction

By FirstAm Editor on August 24, 2018

First American Chief Economist Mark Fleming was interviewed on CNBC earlier today as well as last Friday, August 17 and discussed how rising mortgage rates, house price appreciation, millennial demand and a lack of new homes may be squeezing affordability.

Read More ›

Topics: housing starts, In The News, Interest Rates, Millennials, New Home Buying, Affordability

Did July Housing Starts Signal More Housing Supply For Home Buyers?

By Mark Fleming on August 17, 2018

The short answer is yes. Home buyers looking for more housing supply to choose from can take heart, as Thursday’s Census Bureau report on housing construction showed builders are starting work on additional housing, inching closer to balancing inventory with demand.

Read More ›

Topics: Housing, homeownership, housing starts, Insider

Get the latest news

{{ module.title }}