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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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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