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

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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 completions ... Read More

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Interview on CNBC: Discussing the impact of rising rates on affordability and home-buying demand

By FirstAm Editor on October 5, 2018
First American Chief Economist Mark Fleming was interviewed on CNBC yesterday and discussed the impact of rising interest rates on affordability and home-buying demand. Read More

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Interview on CNBC: Discussing the housing market’s potential shift toward a buyer’s market

By FirstAm Editor on September 21, 2018
First American Chief Economist Mark Fleming was interviewed on CNBC earlier this week and discussed the housing market’s potential shift toward a buyer’s market and the challenges facing the market: affordability and interest rates. Read More

Housing In The News Interest Rates Millennials Affordability

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

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Why Education is the Best Investment for Homeownership

By Mark Fleming on September 7, 2018
Whether students are beginning middle school or their last year of college, back-to-school season is here. Although many students may grimace when they hear “back to school,” they won’t regret pursuing a higher education as adults as they compete for well-paying jobs and one day, hopefully, buy a home. Read More

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