Interview on CNBC: Discussing the Outlook for Mortgage Rates and Impact of Rising Tenure Length on Housing Supply

By FirstAm Editor on June 25, 2019
First American Chief Economist Mark Fleming was interviewed on CNBC last week and discussed the outlook for mortgage rates and the impact of rising tenure length on housing supply. Read More

Housing In The News Interest Rates Affordability

The Unexpected Surprise Boosting Demand and Supply in 2019

By Mark Fleming on June 18, 2019
In late 2018, many experts believed the housing market in 2019 would behave very similar to the 2018 housing market, characterized by rising demand for homes and limited supply driving house price appreciation, while mortgage rates continued their steady ascent. Then, December 2018 brought a sudden drop in mortgage rates, a decline which has ... Read More

Housing Interest Rates Millennials Real Estate Sentiment Index

Interviews on Yahoo! Finance and Nightly Business Report: Discussing existing-home sales, the housing supply squeeze and the market forces helping affordability

By FirstAm Editor on May 24, 2019
First American Chief Economist Mark Fleming was interviewed on Yahoo! Finance and Deputy Chief Economist Odeta Kushi on Nightly Business Report earlier this week and discussed the existing-home sales data for April, the housing supply squeeze and the market forces helping affordability. Read More

Housing In The News Interest Rates Affordability

Interviews on FOXBusiness and CNBC: Discussing the Outlook for the Housing Market and Economy and the Impact of Tax Law Changes

By FirstAm Editor on May 22, 2019
First American Chief Economist Mark Fleming was interviewed on FOXBusiness and CNBC on Tuesday and discussed the outlook for the housing market and broader economy as well as the impact of tax law changes on housing. Read More

Housing In The News Interest Rates Affordability

Interview on CNBC: Discussing the Impact of Declining Mortgage Rates and Limited Supply on the Housing Market

By FirstAm Editor on March 27, 2019
First American Chief Economist Mark Fleming was interviewed on CNBC on Tuesday and discussed how the decline in mortgage rates over the last few months and continued tight housing supply are likely to impact the housing market. Read More

Housing New Home Buying In The News Interest Rates Affordability

What Will it Take to Reduce the Housing Supply Deficit?

By Mark Fleming on March 6, 2019
Last week, the Census Bureau released its Residential Construction report for December. Housing completions decreased 8.4 percent compared with last December and continued to fall short of the number of new housing units necessary to keep pace with household formation. Housing starts also decreased 10.9 percent in December compared with a year ... Read More

Housing Housing Starts Homeownership