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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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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Myth or Reality? The Pandemic-Driven Acceleration to the Suburbs
By
Odeta Kushi on October 15, 2020
Several reports indicate that the pandemic has triggered a mass flight from urban centers to the suburbs. It’s true that a move to the suburbs usually offers more space for telework and stay-at-home activities. But, as millennials have been aging into the key lifestyle decisions associated with a greater likelihood of purchasing a home (marriage ...
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Interview with HousingWire: Growth in Housing Market Potential More Sustainable Than Many Believe
By
FirstAm Editor on September 30, 2020
First American Chief Economist Mark Fleming was interviewed on HousingWire’s Daily Download podcast last week and explained why growth in housing market potential may be more sustainable than many people realize.
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Interview with HousingWire: Economics of the Housing Market’s Recovery and What’s Next
By
FirstAm Editor on September 10, 2020
First American Deputy Chief Economist Odeta Kushi was interviewed on HousingWire’s Housing News podcast earlier this month and discussed her perspective on the forces powering the housing market’s V-shaped recovery and what may be in store for the rest of the year.
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This Time it’s Different – Why a Wave of Foreclosures is Unlikely
By
Odeta Kushi on August 10, 2020
Following the rapid contraction in U.S. economic activity as a result of the outbreak of COVID-19, the unemployment rate spiked to 14.4 percent in April and remained elevated in May (13.0 percent), setting the mark for the two highest recorded rates in the post-World War II era. Despite the federal foreclosure moratorium, there were fears that up ...
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